IMF’s Georgieva says finance leaders must prepare for more inflation shocks

KOENIGSWINTER, Germany — International Monetary Fund (IMF) Managing Director Kristalina Georgieva said on Thursday that global finance leaders may need to become more comfortable with fighting multiple bouts of inflationary pressures. Ms. Georgieva told Reuters that it was getting harder for central banks to bring down inflation without causing recessions, due to mounting pressures on […]

TikTok plans big push into gaming, conducting tests in Vietnam – sources

HONG KONG/HANOI — TikTok has been conducting tests so users can play games on its video-sharing app in Vietnam, part of plans for a major push into gaming, four people familiar with the matter said. Featuring games on its platform would boost advertising revenue as well as the amount of time users spend on the […]

Bespoke and boutique: A new kind of home for the elite

When Jardin Wong, Jillian Sze, and Miguel Tan approached WTA Architecture and Design Studio with their idea for their first project as real estate developers, they came with a story about independence. Seeking to cast a new shadow over the hyper-competitive Philippine property scene, and make a mark outside their respective family businesses, the three […]

Credit raters awaiting incoming administration’s fiscal consolidation plan

A view of residential condominium buildings in Mandaluyong City, Metro Manila, Philippines, Aug. 22, 2016. — REUTERS By Luz Wendy T. Noble, Reporterand Tobias Jared Tomas CREDIT RATING agencies will keep a close eye on how the incoming Marcos administration will manage the country’s mounting debt in assessing the Philippines’ sovereign rating. Moody’s Investors Service […]