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Philippines Main Airport Scrambles To Restore Normalcy After Power Cut

The Philippines’ main gateway remained on reduced operations on Monday after a New Year power outage that jolted its air…

BOJ Considering Raising Inflation Forecasts to Near 2% Target -Nikkei

The Bank of Japan (BOJ) is considering raising its inflation forecasts in January to show price growth close to its…

Indonesia Issues Emergency Regulation to Replace Controversial Job Creation Law

Indonesia’s President Joko Widodo has signed an emergency regulation to replace the controversial job creation law, his chief economics minister…

Analysis-Modi’s Popularity Key to Selling cut in Food Aid Ahead of Indian Elections

Indian Prime Minister Narendra Modi’s move to effectively halve food rations to the poor ahead of state polls next year…

Japan to Make Raising Wages a Top Priority, Says Senior Govt official

Japan’s government will make raising wages a top priority in its economic policy next year, Deputy Chief Cabinet Secretary Seiji…

Toyota’s Nov Global Vehicle Production Rises 1.5% to Record 833,104

Toyota Motor (NYSE:TM) Corp reported on Monday a 1.5% rise in November global vehicle output, reaching a new record of…

Mexico’s Newest Oil Refinery Now Seen Working At Half Capacity in Mid-2023

Mexican state oil company Pemex’s newest refinery will reach half of its crude processing capacity in July, the national president…

Dollar Retreats After Overnight Gains, Ahead of Economic Data Dump

The U.S. dollar slipped lower in early European trade Friday, handing back some of the previous session’s gains as traders…

Chile Fires hit Port and Coastal City, Two Dead

A major fire broke out at Chile’s Ventanas port near a refinery and smelter belonging to state-run miner Codelco, but…

Oil Extends Rally as U.S. Supplies Tighten Ahead of Demand-Heavy Holidays

Oil prices extended gains into a fourth straight session on Thursday after inventory data showed that U.S. supplies remained tight…