Wednesday , 24 December 2025

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Sunak backs ‘jets coalition’ to get Ukraine fighter aircraft

BLOOMBERG Prime Minister Rishi Sunak pledged support for a coalition to help provide Ukraine with a fleet of Western-made fighter jets, although he stopped short during a surprise UK visit by President Volodymyr Zelenskiy of promising actual aircraft. Sunak told Zelenskiy on Monday that he was “very keen to build that coalition of countries to give Volodymyr and his people …

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Philippine central bank may pause interest rate hikes soon, says Governor

BLOOMBERG  The Philippine central bank is likely to leave its key interest rate unchanged this week, Governor Felipe Medalla said, as cooling inflation gives monetary authorities reason to pause the most aggressive tightening cycle in two decades. “If for sure this is a permanent trend, clearly we must pause,” Medalla told reporters on the side-lines of a forum of the …

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PBOC extends cash support in May after credit growth drop

BLOOMBERG  China’s central bank injected more long-term liquidity into the financial system for the sixth month in a bid to bolster economic growth after multiple indicators revealed faltering recovery momentum. The People’s Bank of China (PBOC) offered 125 billion yuan ($18 billion) of medium-term lending facility, 25 billion yuan more than the amount maturing in May. Eight of 10 analysts …

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