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UN adopts first global artificial intelligence resolution

The United Nations General Assembly on Thursday unanimously adopted the first global resolution on artificial intelligence to encourage protecting personal data, monitoring AI for risks, and safeguarding human rights, U.S. officials said.

Biden’s softer climate regulation shows big US bet on subsidies to decarbonize

The Biden administration says its recent decision to scale back new climate regulations meant to force emissions cuts from cars and power plants will have a negligible impact on its overarching goal to halve greenhouse gas pollution this decade.

US Congress struggling to reach spending deal to avert weekend shutdown

A fractured U.S. Congress struggled behind the scenes on Wednesday to produce a massive spending bill to fund defense, homeland security and other programs that lawmakers must pass before the weekend to avert a partial government shutdown.

Analysis: US automakers race to build more hybrids as EV sales slow

As U.S. sales of gas-electric hybrid vehicles surge and electric-vehicle sales cool, automakers and suppliers are betting consumer demand for a compromise between all-combustion and all-electric is a durable trend.

Soaring Japanese equities offer investors cozy distance from troubled China

As economic and geopolitical woes spur an exodus of investors from China, many have been redirecting money into Japan, giving the benchmark Nikkei an extra boost as it rockets to all-time highs.

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Ayala earmarks P5 billion for bigger ALI stake

Ayala Corp. has set aside P5 billion to buy additional shares in Ayala Land Inc. (ALI), signaling continued confidence in the property giant as the conglomerate expands its share buyback program amid subdued market valuations.

EastWest backs top teachers as exclusive partner of TOGA 2026

East West Banking Corporation served as the exclusive bank partner for JCI Manila’s 5th Ten Outstanding Guro Awards (TOGA 2026), an event held at PHINMA Plaza in Makati City to honor exceptional Filipino educators whose work transforms lives and communities nationwide.

Citi launches world-first tokenized depositary receipts for private company investments

Global banking giant Citi has rolled out a new market-leading solution: tokenized digital depositary receipts for private company shares. This makes Citi the first global financial firm to both issue and act as custodian for this type of instrument, creating a clearer, more direct way for private businesses and investors to connect.

LPU Cavite joins First Gen clean energy pact, completing four-campus shift to geothermal power

Lyceum of the Philippines University (LPU) has expanded its partnership with leading local renewable energy firm First Gen, bringing its Cavite campus under clean power supply starting June 2026.
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