Tesla profit up even as AI push intensifies
Tesla, Inc., the U.S.-based electric vehicle and clean energy company led by billionaire Elon Musk, reported higher first quarter earnings, as gains from its core auto business were partly offset by aggressive spending on artificial intelligence, robotics, and factory expansion.
ADB boosts funding, reforms to match region’s pace
The Asian Development Bank (ADB) ramped up both financing and reform in 2025, committing USD29.3 billion from its own resources as it positioned itself to respond faster to mounting economic uncertainty across Asia and the Pacific.
Central Luzon anchors regional farm output in 2025
The Philippine Statistics Authority said the country’s agriculture and fisheries sector produced goods worth P1.79 trillion in 2025 at constant 2018 prices, with Central Luzon emerging as the top contributor.
Chinabank profit rise on strong core growth
China Banking Corp., the country’s 5th largest lender by assets, sustained its growth momentum in the first quarter, posting a net income of P6.8 billion, up 4 percent year on year, as lending and deposit activities continued to drive performance despite a still evolving interest rate environment.
Eala advances in Madrid, sets up Mertens duel
Alex Eala has kicked off her Madrid campaign off to a good start, easing into the second round of the Mutua Madrid Open with a composed 6-3, 6-3 win over Russia’s Anastasia Pavlyuchenkova.
