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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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Philippine financial system stable in 2025, but risks require close watch— FSCC report

The Philippine financial system stayed resilient throughout 2025, with banks holding enough capital to absorb losses and strong capacity to support lending, according to the latest Financial Stability Report from the Financial Stability Coordination Council (FSCC).

AI boosts BPO productivity, talent shortage bites

Artificial intelligence is helping Philippine contact center and business process management (CC-BPM) firms generate more revenue per worker, but a persistent shortage of skilled talent is emerging as the industry's biggest constraint to growth, according to the Customer Experience Association of the Philippines (CXAP).

DTI, WomenBizPH deepen push for women entrepreneurs

The Department of Trade and Industry (DTI) and the Women's Business Council Philippines, Inc. (WomenBizPH) have renewed their partnership for another six years, underscoring growing efforts to unlock the economic potential of women-led enterprises as key drivers of inclusive growth.

RCBC backs P4.5B Iloilo solar storage project

German renewable energy developer ib vogt has secured a P4.5-billion senior debt facility from Rizal Commercial Banking Corporation (RCBC) to finance a 99-megawatt peak (MWp) solar power project with battery storage in Iloilo, marking a key milestone in the company's expansion in the Philippines.
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