News

TOKYO – Bitcoin hit a record high on Thursday as increasing expectations for easier monetary policy from the Federal Reserve added to tailwinds from recently announced financial reforms. The world’s ...
U.S. soybean exporters risk missing out on billions of dollars worth of sales to China this year as trade talks drag on and buyers in the top oilseed importer lock in cargoes from Brazil for shipment ...
Gao Xiaoyu, the founder of an industrial land consulting firm in Jakarta, has been inundated with calls from Chinese companies eager to expand or set up operations in Indonesia as they try to shield ...
Speaking at the 1H 2025 financial media briefing, Globe reiterated its strong support for inclusive internet access and urged President Ferdinand Marcos Jr. (PBBM) to return the Konektadong Pinoy (KP) ...
U.S. President Donald Trump signed an executive order on Wednesday to streamline federal regulation governing commercial rocket launches, a move that would benefit Elon Musk’s SpaceX and other private ...
U.S. President Donald Trump threatened “severe consequences” if Russia’s Vladimir Putin does not agree to peace in Ukraine but also said on Wednesday that a meeting between them could swiftly be ...
RAZON-LED integrated resort developer and operator Bloomberry Resorts Corp. reported a net loss of P1.4 billion for the second quarter (Q2), reversing a P1.3-billion net profit a year earlier. Gross ...
CONVERGE ICT SOLUTIONS, Inc. has revised down its full-year revenue growth guidance to 10-12% from an earlier forecast of up to 16%, despite posting higher net income for the second quarter (Q2), ...
PHILIPPINE RICE IMPORTS are projected to decline by 500,000 metric tons (MT) this year compared to initial projections due to the two-month import ban set to take effect in September, according to the ...
LISTED food and beverage manufacturer Century Pacific Food, Inc. (CNPF) reported a 4% increase in second-quarter (Q2) net income to P1.99 billion from P1.91 billion a year earlier, driven by stronger ...
THE ASIAN Development Bank (ADB) has greenlit a $400-million loan to expand the Philippine government’s food stamp program aimed at reducing involuntary hunger among low-income households. In a ...
THE PESO rebounded to the P56-per-dollar level on Wednesday as July US consumer price index (CPI) data supported bets of a September rate cut by the US Federal Reserve. The local unit closed at P56.72 ...