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, the Philippine Statistics Authority said Thursday. The latest rate was the weakest in the current sequence of growth that began in the second quarter of...
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.