The Philippine economy expanded at a slower pace in the first quarter but remained strong on investment and household spending. Gross domestic product registered a slower growth of 6.4 percent after rising 7.1 percent in the fourth quarter of 2022,…
Read MoreChalmers and Lowe: Good cop, bad cop on the inflation beat
Save articles for later Add articles to your saved list and come back to them any time. Have you noticed? There’s a contradiction at the heart of Treasurer Jim Chalmers’ budget. Is it helping or harming inflation? Both Chalmers and…
Read MoreSchool Tax Credit From Oklahoma Approved, Held From Governor
Oklahoma parents could get a much-needed school tax credit once the proposal lands on Governor Kevin Stitt’s desk. Last week, the House of Representatives approved a bill to establish a refundable tax credit program for households with homeschooled or private…
Read MoreIndonesia GDP Growth Tops Expectations
Indonesia’s economy expanded at a faster-than-expected pace in the first quarter on the back of robust household spending and foreign demand, official data revealed on Friday. Gross domestic product grew 5.03 percent on a yearly basis in the first quarter,…
Read MoreShould I consolidate both my super funds before I retire?
Save articles for later Add articles to your saved list and come back to them any time. I am a 56-year-old woman living with my adult disabled son. I have around $150,000 with Aware Super’s high growth fund and another…
Read MoreClariant Q1 Sales Down 5%; Backs FY Outlook
Swiss specialty chemicals firm Clariant AG (CLZNY.PK) reported first quarter 2023 sales of 1.200 billion Swiss francs, compared to 1.262 billion francs in the first quarter of 2022. This corresponds to an increase of 1% in local currency and 5%…
Read MoreChina Manufacturing Sector Shrinks On Weak Demand
China’s manufacturing activity contracted for the first time in three months in April reflecting a renewed drop in new business and employment, survey data released by S&P Global showed on Thursday. The Caixin manufacturing Purchasing Managers’ Index dropped to 49.5…
Read MoreTreasury seeks legal advice on PwC tax leaker
Save articles for later Add articles to your saved list and come back to them any time. Treasurer Jim Chalmers has said the federal government is prepared to take further action against PwC if necessary over a leak of confidential…
Read MoreEurozone Unemployment Rate Hits Fresh Record Low
Euro area unemployment rate dropped to a fresh record low in March despite the 20-nation currency bloc experiencing a modest economic growth. The jobless rate slid to 6.5 percent in March from 6.6 percent in February, data from Eurostat showed…
Read MoreThe two wildcards that could decide what happens next to interest rates
Save articles for later Add articles to your saved list and come back to them any time. The critical question flowing from the latest US Federal Reserve Board rate rise is what happens next. Will it pause its unprecedented rate-hiking…
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