The SPDR Regional Banking ETF (KRE) stock will be in the spotlight on Monday after the collapse of First Republic Bank (FRC). The ETF was trading at $42.50, which was slightly above the year-to-date low of $40.70. It has plunged by almost 40% from the

The CAC 40 and DAX indices are hovering near their all-time high ahead of the upcoming Federal Reserve and European Central Bank (ECB) interest rate decisions. The German DAX rose to an all-time high of €15,922 while the CAC 40 index soared to a record

REUTERSTOKYO — Rising inflation and an intensifying labor crunch are prodding smaller local Japanese firms to follow their big counterparts in raising pay, a move that can generate broader wage hikes and encourage the central bank to phase out its massive stimulus.Wages have barely risen

NATANAELGINTING-FREEPIKBRASILIA — Brazilian President Luiz Inacio Lula da Silva pledged on Sunday to introduce a new policy of real increases in the minimum wage and announced plans to raise the income tax exemption for lower-income earners.The remarks, made during a radio and TV broadcast for

REUTERSPARIS — Food price inflation in France — which has been a major concern for consumers — should ease off by September, said government minister Olivia Gregoire on Sunday.“By the time people come back from their holidays in September, we will have a visible decrease

PHILIPPINE STAR/KRIZ JOHN ROSALESOn behalf of the Board of Governors and the more than 1,100 members of the Management Association of the Philippines (MAP), I express our sincerest condolences to Gretchen and the entire family of Ambassador Albert F. del Rosario, whom we will greatly

EDUARDO DRAPIER-UNSPLASH“Time’s up!”Emerging from a contorted position, I got up, smoothened my hair, and fixed my belt that came off. We shook hands, smiled, and mumbled “thank you” while catching our breath. While I lost in that round, I successfully defended a chokehold in the

The pushback against military and uniformed personnel pension reform has come strongly since Finance Secretary Benjamin E. Diokno announced the reforms on March 28. President Ferdinand R. Marcos, Jr. approved the reforms with the concurrence of Defense Secretary Carlito G. Galvez, Jr. and Interior and