Consumer confidence has fallen to a record low as concern grows about whether households will be able to afford rising utility, food and fuel bills. Confidence, as measured on the…

With a £2.06 billion fortune, Johnny Boufarhat is the wealthiest person in the Young Rich List, of people in the UK aged 30 and under. That is according to the…

REUTERS By Brontë H. Lacsamana, Reporter CHINESE multinational technology company Huawei Technologies Co., Ltd., will continue investing in green innovation to support digital growth in the Asia Pacific.  Ken Hu,…

REUTERS SHANGHAI, May — China cut its benchmark reference rate for mortgages by an unexpectedly wide margin on Friday, its second reduction this year as Beijing seeks to revive the…

REUTERS KOENIGSWINTER, Germany — US Treasury Secretary Janet Yellen said the G7 finance leaders on Thursday agreed to provide Ukraine the financial resources it needs in its struggle against Russia’s…

CORPORATE.WALMART.COM NEW YORK — Walmart, Target, and Kohl’s were among major retailers that reported earnings this week that missed Wall Street expectations by the widest margin in at least five…

PHILIPPINE STAR/ MICHAEL VARCAS The Philippine central bank chief said on Friday president-elect Ferdinand “Bongbong” R. Marcos, Jr., is better placed than his predecessor to face economic challenges and that…

KOENIGSWINTER, Germany — International Monetary Fund (IMF) Managing Director Kristalina Georgieva said on Thursday that global finance leaders may need to become more comfortable with fighting multiple bouts of inflationary…

HONG KONG/HANOI — TikTok has been conducting tests so users can play games on its video-sharing app in Vietnam, part of plans for a major push into gaming, four people…

BW FILE PHOTO By Luz Wendy T. Noble, Reporter The country’s balance of payment (BoP) posted a deficit in April as the government continued to pay for its foreign debt…