The European Central Bank's
monetary policy will stay easy even after it probably stops
adding to its pile of bonds next month and it can adapt its
policy normalisation as needed, ECB policymaker Francois
Villeroy de Galhau said on Monday.
Philippine shares surged on Monday,
extending their rally on the back of last week's interest rate
hike, while other Southeast Asian stock markets were subdued
amid nervousness over the U.S.-China trade war.
The benchmark Philippine index
Southeast Asia's internet
economy is expected to exceed $240 billion by 2025, a joint
study by Google and Temasek Holdings showed, a fifth more than
previously estimated, as more consumers use their smartphones to