WS #10087
Philippines central bank raised benchmark rate to 4.75% from 4.50%, citing higher inflation path and readiness for further action. UK unemployment fell to 4.9% (vs 5.0% est.) but people starting new jobs at lowest level in five years, indicating labor market weakening. Japan's Nikkei share average marked a fresh closing high. Kentucky files lawsuits against Kalshi and Polymarket for unlicensed sports gambling.
Philippines Central Bank Rate Hike
Philippines central bank raised benchmark rate to 4.75% from 4.50%, citing higher inflation path and readiness for further action.
UK unemployment fell to 4.9% (vs 5.0% est.) but people starting new jobs at lowest level in five years, indicating labor market weakening.
Japan's Nikkei share average marked a fresh closing high.
Kentucky files lawsuits against Kalshi and Polymarket for unlicensed sports gambling.