Griggs, who was asked about his outlook on the global economy and global markets including the Philippine stock market, said higher interest rates drive up costs of everything, from homes to cars.
Depending on what happens next, he said stock markets in general would be watching the US economy. For now there are a lot of capital market activities in the US stock market. Griggs, who was in Manila for Nasdaq’s 10th anniversary in the country, said that as for the Philippines, the company is optimistic of growth in the country and that it seeks to expand its workforce to 400 employees by the end of 2024.
Nasdaq is a global technology company serving corporate clients, investment managers, banks, brokers, and exchange operators. It provides data, analytics, software, exchange capabilities, and other services.Sleep advocates Heart Evangelista, Saab Magalona, LA Aguinaldo share tips for resting on timePhilippines’ first premium bed cinema to open in Uptown BonifacioThe Marcos administration ramped up its infrastructure spending in August by 66 percent to P122 billion largely to fund road...
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