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.
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.
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.
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.
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.
The Securities and Exchange Commission (SEC) has given the green light to San Miguel Corporation’s follow-on offering of preferred shares, valued at up to P30 billion.
The Securities and Exchange Commission (SEC) will lift the moratorium on new online lending platforms on August 1, 2026, bringing an end to the restriction first imposed on November 5, 2021, after over four years. Alongside this, the SEC is implementing strict new standards safeguarding consumers and curbing unfair lending practices. The guidelines are outlined in Memorandum Circular No. 20, Series of 2026, and apply to all existing, newly registered, and prospective financing and lending companies that use mobile apps, websites, or other digital systems to extend credit to the public.
The government has lowered its medium-term economic and fiscal targets, adopting a more cautious outlook as global uncertainty, persistent inflation, and climate risks weigh on the Philippine economy, while reaffirming its commitment to long-term growth and fiscal stability.