Dutch finance minister says candidate for ECB president should be chosen based on competence and qualifications, and should not be subject to political debate.

Capital Economics senior Asia economist Gareth Leather says Philippine GDP growth slowed in Q3, driven mainly by a household spending squeeze from higher energy prices, though signs indicate the corruption-related drag is receding. Other Q3 components, notably exports, were more encouraging. The government is pushing to restart stalled infrastructure projects but may tighten fiscal policy to rein in a rising debt-to-GDP ratio; investment appears past its worst but recovery could be slow amid weak corporate confidence. Capital Economics forecasts roughly 3.0% GDP growth this year and says the weakness supports the view that, despite rising inflation, the central bank may have finished its tightening cycle.

President Trump, asked about reports his net worth rose $3 billion since returning to the White House, said everyone's net worth has increased. A reporter disputed the $3 billion figure; Trump replied, "You should own stocks."