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Gold price reaches new record of $4,200 per ounce
The price of gold continues to climb, reaching a record of at least $4,200 per ounce on October 15, as the US Federal Reserve is still expected to reduce policy rates in the United States. The price of gold per…
IMF sounds alarm over global public debt; Seen exceeding 100% of global GDP by 2029
As the global economy battles headwinds, the International Monetary Fund (IMF) warned of the worsening global debt crisis that is expected to rise to its highest level since 1948. The…
HSBC & Juspay partner to deliver digital solutions for global merchants
HSBC, and Juspay, a leading payments infrastructure company, have forged a partnership to launch a first-of-its-kind acquiring platform tailored to the needs of digital-first, global merchants. This full-stack solution reimagines…
Eroding Trust, Sapping Growth: The Corruption Crisis in the Philippines
The Philippines is confronting one of its most consequential corruption scandals in decades. The exposure of massive irregularities in flood control and infrastructure spending has unleashed public anger, political turbulence,…
Overseas Filipino remittances up 3.2% to $2.98 billion in August
Money sent home by overseas Filipinos (OFs) continued to grow, increasing by 3.2 percent in August this year, the Bangko Sentral ng Pilipinas (BSP) said. Data released by the BSP…
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