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US Treasury heads said American and Chinese economies cannot be separated

US Treasury Secretary Janet Yellen said that separation or decoupling of the American and Chinese economies would be "disastrous.""We do not seek to decouple our economy from China's....

IMFC sees bleak outlook for global economy

The chair of the International Monetary and Financial Committee (IMFC) sees a bleak outlook for the global economy. "So far, the global economy has shown resilience,...

IMF says global economy still affected by inflation

The global economy has proven resilient to shocks in the past three years, but has yet to overcome weak growth and inflation, according to the the chief...

UN agency warns developing nations of hardships

The United Nations Trade and Development Conference (UNCTAD) warned on Wednesday that developing countries face years of difficulty as the global economy slows amid...

Chemical, food maker posts record 2022 income

D&L Industries has registered record-high earnings in 2022 amid volatilities and challenges in the global economy. The company is Filipino-owned food and is a chemicals, plastics and consumer...

Higher remittances attributed to inflation

  An economist Wednesday attributed the increase of cash remittances from overseas Filipino workers (OFWs) partly to higher inflation rate as recipients needed more funds...
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