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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

KABAN Boracay expands dining options with Korean, Japanese brands

KABAN Boracay is expanding its food and beverage portfolio ahead of its grand opening this month, bringing Korean restaurant Chung Dam and Japanese dining brand Umi Matsu to its Station 0 complex.

Mall developers pivot to upgrades as shopping habits evolve

Philippine mall developers are easing off rapid expansion and putting more capital into redevelopments, upgrades and premium lifestyle concepts as changing consumer preferences reshape the retail landscape.

Gilas U18 women crack glass ceiling, beat New Zealand

Gilas Pilipinas U18 women are continuing to break the glass ceiling, although Asia’s basketball elite clearly had no intention of making it easy.

Gov’t steps up El Niño readiness for power sector; price hikes seen

The Department of Energy (DOE) has begun firm preparations to safeguard the country’s power system against the projected Super El Niño, which may push electricity rates higher alongside tighter supply.
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