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Bank warns prolonged Mideast crisis to hit Philippines economy hard
philstar28d ago

Bank warns prolonged Mideast crisis to hit Philippines economy hard

BDO Unibank warned that a prolonged conflict in the Middle East could further strain the Philippine economy by driving up oil prices, accelerating inflation and weakening the peso, adding pressure on consumers and businesses already facing slower growth.

#ECONOMY
UA&P: Philippines economy likely to grow 5% in H2
philstar28d ago

UA&P: Philippines economy likely to grow 5% in H2

The Philippine economy may bounce back and post growth of around five percent in the second semester, supported by higher infrastructure spending, according to the University of Asia and the Pacific.

#ECONOMY
thepost_nz28d ago

No tricks, no treats: Willis warns of lean Budget

Finance Minister Nicola Willis says today’s Budget has been built for a world where “more could go wrong”, as the Reserve Bank signals interest rate rises are likely.

#ECONOMY
XLM Price Jumps After DTCC And Stellar Move
coinpedia28d ago

XLM Price Jumps After DTCC And Stellar Move

The post XLM Price Jumps After DTCC And Stellar Move appeared first on Coinpedia Fintech News Stellar finally gave traders something worth staring at besides months of sideways frustration in its token’s XLM price chart. The token climbed nearly 10% to around $0.163 after the Depository Trust & Clearing Corporation (DTCC) and the Stellar Development Foundation announced plans to enable tokenization of DTC-custodied assets on Stellar. And unlike the usual recycled ...

#CRYPTO
Bitcoin ETF Flows Turn Against BTC and ETH as Capital Moves to HYPE, XRP and Solana; Liquidchain Courts Rotation Trade
cryptonews28d ago

Bitcoin ETF Flows Turn Against BTC and ETH as Capital Moves to HYPE, XRP and Solana; Liquidchain Courts Rotation Trade

Bitcoin and Ethereum ETFs posted more than $1.4 billion in combined weekly outflows, while money moved into Hyperliquid, XRP and Solana funds. Liquidchain is pitching cross-chain liquidity as investors look beyond the majors. The post Bitcoin ETF Flows Turn Against BTC and ETH as Capital Moves to HYPE, XRP and Solana; Liquidchain Courts Rotation Trade appeared first on Cryptonews .

#CRYPTO
Falcon Finance and Anchorage Digital Launch fUSD Stablecoin With 3% Yield for Institutional Holders
coinpedia28d ago

Falcon Finance and Anchorage Digital Launch fUSD Stablecoin With 3% Yield for Institutional Holders

The post Falcon Finance and Anchorage Digital Launch fUSD Stablecoin With 3% Yield for Institutional Holders appeared first on Coinpedia Fintech News Falcon Finance, the synthetic dollar protocol behind $1.58 billion in circulating USDf supply, has partnered with Anchorage Digital Bank and custody platform Ceffu to launch fUSD, a regulated dollar stablecoin built specifically for institutional use. The product is designed to solve a problem that has existed since stablecoins were invented. Approximately $320 billion in stablecoins ...

#CRYPTO
Gold Slides as Iran Tensions Stoke Inflation Fears and Strengthen Fed Rate-Hike Bets
tekedia28d ago

Gold Slides as Iran Tensions Stoke Inflation Fears and Strengthen Fed Rate-Hike Bets

Gold prices fell sharply on Tuesday as escalating tensions between the United States and Iran pushed oil prices higher, intensified inflation concerns, and reinforced expectations that the Federal Reserve may keep interest rates elevated for longer. Spot gold dropped 1.1% to $4,521.80 per ounce by early trading in London, hovering near recent multi-week lows, while [...] The post Gold Slides as Iran Tensions Stoke Inflation Fears and Strengthen Fed Rate-Hike Bets appeared first on Tekedia .

#COMMODITIES