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Duterte signs bills to ease inflation, boost revenues

Bloomberg Philippine President Rodrigo Duterte signed into law key economic measures that are seen to help lower rice prices, strengthen the central bank and bolster state revenues. Duterte signed a bill that would remove caps on rice imports and boost supply of the staple grain, according to Executive Secretary Salvador Medialdea. The measure is expected to help cool inflation, which ...

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Buyback spree alive in India as state firms join tech firms

Bloomberg India Inc. is extending a banner year for share buybacks. Seven weeks into 2019, two dozen companies led by technology major Infosys Ltd. have announced or completed plans to buy 170.5 billion rupees ($2.4 billion) of their own stock, according to data compiled by Bloomberg. This compares with about 545 billion rupees for all of 2018, which was the ...

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Canada seeks Pelosi’s support in push to lift US metal tariffs

Bloomberg Canada is asking US House Speaker Nancy Pelosi to help press the Trump administration to lift tariffs on its steel and aluminum exports. Canadian Foreign Minister Chrystia Freeland has said she met Pelosi and other Democrats on the sidelines of a global security conference in Munich. They discussed President Donald Trump’s tariffs on Canadian steel and aluminum imports, Canada’s ...

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