Diokno asks ASEAN to remain vigilant against external risks
Finance Secretary Benjamin Diokno urged policymakers in the Association of Southeast Asian Nations to remain vigilant amid the risks that ...
Read moreTag: world economy
OECD raises global growth forecast to 2.7%
Paris, France—The OECD slightly raised its growth outlook for the world economy on Wednesday as inflation eases and China has ...
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World economy faces more pain in 2023 after gloomy year on war, inflation
PARIS, France—This was supposed to be the comeback year for the world economy following the Covid pandemic. Instead, 2022 was ...
Read moreHewlett Packard announces up to 6,000 job cuts in 3 years
San Francisco, United States—Computer-maker Hewlett Packard on Tuesday said it would layoff as many as 6,000 employees over the next ...
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Yellen: Ending Ukraine war ‘best thing’
To mend world economy NUSA DUA, Indonesia—US Treasury Secretary Janet Yellen heaped pressure on Russia on Monday ahead of the ...
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Ending Ukraine war ‘best thing’ to mend world economy: Yellen
US Treasury Secretary Janet Yellen heaped pressure on Russia on Monday ahead of the G20 summit in Indonesia, saying the ...
Read moreIMF cuts growth forecast, warns economies to stall
WASHINGTON, United States—Global growth is expected to slow further next year, the IMF said Tuesday, downgrading its forecasts as countries ...
Read moreWTO reduces global trade forecast as recession looms
Geneva, Switzerland—The World Trade Organization on Wednesday dramatically lowered its global trade forecast for 2023, as Russia’s war in Ukraine ...
Read moreOECD: World economy to slow, ‘paying the price of war’
PARIS, France—The world economy will take a bigger hit than previously forecast next year due to the effects of Russia’s ...
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Another oil price rollback likely as world economy further stalls
Oil prices will likely go down effective Tuesday next week by as much as P2.85 per liter due to the ...
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Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.