BUSINESS

Philippines Inflation Rate Slows To 3.1% In October

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The Philippines' rate of inflation continued to decrease in October from the previous month, indicating that the country’s inflationary pressures are well contained, providing room for further monetary easing policy measures required to boost economic growth.
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Asian Markets Steady, Awaiting US, Greek Events

Asian shares and the dollar steadied Tuesday with risk appetite contained by uncertainty over the outcome of the U.S. presidential election and renewed doubts over Greece's ability to push through severe fiscal measures.
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India Service Sector PMI Growth Drops To Six-Month Low

India's service sector recorded its slowest growth in six months as the economic slowdown in the U.S. and Europe resulted in a slump in new orders, the latest HSBC Purchasing Managers’ Index data released Monday show.
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Week Ahead: Asian Stocks Likely To Maintain Gains

Asian markets are likely to begin the week on a positive note as better-than-expected U.S. non-farm payroll data have suggested that the strength of the economic recovery in the world's largest economy is gaining some traction.
New Chinese Fighter Jet J-31

China Unveils New Fighter Jet, J-31

China unveiled a new fighter jet, its second in the past few years. Experts still say the country has a long way to go in improving its air force.

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