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Philippine central bank signals mid-year rate cut

Bloomberg Philippine central bank Governor Benjamin Diokno said he anticipates the next interest-rate cut will probably come around the middle of this year. The bank will remain “data-dependent,” but still has monetary policy space to ease after it lowered interest rates for the fourth time in a year, Diokno said in an interview with Bloomberg TV’s Haidi Lun. Bangko Sentral ...

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Passengers trapped on HK cruise fear virus exposure

Bloomberg Passengers stuck on a cruise ship being quarantined in Hong Kong are beginning to worry that lax controls on the boat and a lack of information puts them at risk of being exposed to the deadly coronavirus. “We are in quarantine, but everyone is still walking around,” Edgar Chan, 28, said using WhatsApp. The software engineer, his sister and ...

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Toyota, Honda extend China shutdowns as virus gathers pace

Bloomberg Toyota Motor Corp and Honda Motor Co were among carmakers extending shutdowns at their China plants as the country steps up measures to fight the deadly coronavirus. Toyota, which initially halted its Chinese plants until February 9, said it now plans to resume production as soon as February 17. Honda said it will reopen its factory on February 14 ...

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