Philippine peso risks losing ‘best Asian currency’ title

Manila: A sense of caution is gripping peso bulls as markets approach the Philippine central bank’s interest-rate decision. Increased speculation that the Bangko Sentral ng Pilipinas (BSP) will ease monetary policy on Thursday is threatening to break the peso’s Asia-beating rally this quarter. A reduction in the benchmark rate could give foreign investors — who […]

Britain’s post-Brexit carbon market looks just like Europe’s

Despite its efforts to leave the European Union, the UK is planning a carbon copy of the EU’s emissions market. It’s one more example of how Brexit will lead to duplication and more bureaucracy as the UK will have to replicate the structures that until now the EU has taken care of. Functions such as […]

US-China trade deal talks enter endgame

An end to the months-long trade conflict between the world’s two-largest economies may be looming into sight. President Donald Trump and Chinese President Xi Jinping will decide after negotiations this week in Washington whether they’ll meet to sign off on a pact. White House spokeswoman Sarah Sanders said on Thursday that the US sees such […]