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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.

Just in

Treasury bill yields climb after BSP rate hike

Treasury bill yields rose across all tenors at Monday’s auction as investors priced in the Bangko Sentral ng Pilipinas’ recent rate hike and the possibility of further monetary tightening.

Telecom investments surge past $2B, set to boost national connectivity and digital access 

The country’s telecommunications sector is on track to pour at least $2.21 billion in capital investments this year alone, already surpassing the $2-billion milestone even before accounting for additional spending from major players, the Department of Information and Communications Technology (DICT) confirmed Tuesday.

Cooperatives organize 3M voting bloc for 2028 polls

The Philippine Chamber of Cooperatives Inc. is organizing more than three million member-owners into a unified, non-partisan voting bloc ahead of the 2028 elections, seeking to turn the cooperative sector’s economic weight into political influence.

SSS assets reach P1.36T, boosting benefit capacity

The Social Security System’s (SSS) assets climbed to P1.36 trillion as of July 2026, strengthening the pension fund’s financial position and its capacity to sustain benefits for workers and retirees.
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