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Marcos wants 'trade, not aid’ from US, open to economic pact
MANILA (Bloomberg): Philippine presumptive President Ferdinand 'Bongbong' Marcos Jr said he wants to boost trade ties with the US instead of a "dependence” on aid, and signaled openness to join an economic initiative pushed by President Joe Biden to counter China’s influence.
Citi Malaysia bags best bond award in Asia by Asset Magazine
KUALA LUMPUR: Citi Malaysia has bagged two awards namely Best Bond and Best New Bond in a recent virtual awards ceremony by Asset Magazine.
China rolls out new stimulus measures as Covid pressures economy
BEIJING (Bloomberg): China rolled out a broad package of measures to support businesses and stimulate demand as it seeks to offset the damage from Covid lockdowns on the world’s second-largest economy.
Opinion: US needs to tax Elon Musk, Jeff Bezos and the Billionaire Boys Club out of their misery
During a global pandemic that has killed one million of their fellow US citizens, the nation's roughly 600 or so billionaires saw their wealth spike by an estimated 55%, with the richest of the rich doing even better than that.
Greece draws 500 mln euros through bond reopening
ATHENS, May 23 (Xinhua) -- Greece reopened a 10-year bond on Monday, drawing 500 million euros (533 million U.S. dollars) in a bid to expand the liquidity of this benchmark issue, and securing demand more than three times the amount auctioned.
Insight - Treasurer sees trickiest conditions since WWII
AUSTRALIA’S incoming Treasurer Jim Chalmers says he’s confronting “the trickiest economic conditions inherited by an incoming government since World War II.”
IOI Corp projected for a better quarter
PETALING JAYA: IOI Corp Bhd’s outlook looks promising due to the seasonal recovery in production of palm oil along with Indonesia’s lift of its 25 days palm oil exports ban.
Anti-trust chief to lead Philippines' economic planning agency; he is first economic appointment to Marcos Jr's cabinet
The Philippines' anti-trust agency chief Arsenio Balisacan said on Monday he has accepted an offer from incoming president Ferdinand Marcos Jr to be his economic planning chief.