Argentina’s interest rate hiked to 60% to counter currency woes
Argentina’s Central Bank hiked its benchmark interest rate from 45 to 60 percent on Thursday in a dramatic but fruitless bid to shore up the peso, which plunged to a record low against the dollar.
Davos financiers reject talk of markets ‘bubble’
Almost a decade after the Lehman crisis, the world’s financial elite in Davos say not to worry about a potential bubble inflating out of record stock prices: this time it’s different.
Panasonic posts double digit growth, stocks hit record high
The year 2016 had been very good for electronics manufacturer Panasonic Philippines. The company posted a double digit growth
