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Posted on March 13, 2024

Recto says Philippines to be 14th biggest economy by 2050

Finance chief Ralph Recto sees the Philippines’ potential to be the 14th biggest economy in the world by 2050. In a press conference on Wednesday, Recto said the country is, in fact, on track to ...

Posted on March 13, 2024

Philippines Refines Tax Bills to Consider CPI, Growth: Recto

Philippines’ Department of Finance to push for passage of “refined” tax measures that are meant to “maximize the gains, minimize the pain,” Secretary Ralph Recto says in a statement.

Posted on March 13, 2024

India’s IIFL Finance to raise $242 mln via rights basis and non-convertible debentures

IIFL Finance said on Wednesday it would raise funds up to 20 billion rupees ($241.5 million) as the non-bank lender looks to shore up capital after India's central bank barred it from offering gold ...

Posted on March 13, 2024

India’s IIFL Finance to raise up to $242 million via share, debenture issues

IIFL Finance said on Wednesday it would raise funds of up to 20 billion rupees ($241.5 million) as the non-bank lender looks to shore up capital after India's central bank barred ...

Posted on March 13, 2024

stocks to watch March 14 cyient iifl finance pc jewellers sanofi south Indian bank share price nse bse

The 30-share index tanked 906.07 points or 1.23 per cent to settle at 72,761.89. During the day, it dropped 1,152.25 points or 1.56 per cent to 72,515.71. The Nifty plummeted 338 points or 1.51 per ...

Posted on March 13, 2024

China’s Quant Funds Didn’t See Beijing’s ‘National Team’ Coming

China’s $200 billion quant-fund industry made winning bets on small stocks. Their luck ran out when a state-backed "national team" stepped in to prop up the bigger end of the market. Overall, Chinese ...

Posted on March 13, 2024

How China Tried to Fix the Stock Market—and Broke the Quants

China’s biggest quant funds beat the market for years, but they didn’t model a key factor—the government.

Posted on March 13, 2024

Cause To Cheer, Cause To Jeer China Stock Bounce

With a few benchmarks for Chinese stocks up 20% from January lows, a debate is raging between the bulls and bears. The bulls are betting t ...

Posted on March 13, 2024

Philippines gets $5 billion in investment pledges from German, US companies

The Philippines secured about $5 billion worth of investment pledges from German and American firms this week in sectors such as healthcare and energy, potentially big wins for the country as it ...

Posted on March 13, 2024

Treated wastewater discharge at Japan’s Fukushima plant is safe, UN nuclear chief says

The head of the U.N. atomic agency has assured Japanese representatives in Fukushima that the treated radioactive wastewater from the nuclear power plant meets safety standards.

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