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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

Philippine trade deficit widens sharply in July

The Philippines’ trade deficit widened sharply in July as imports continued to outpace exports, with the country’s merchandise trade gap expanding by nearly 35 percent from a year earlier, according to the Philippine Statistics Authority.

Regional travel fair in BARMM drives ₱46.9M leads, showcases culture and investment potential

The Tourism Promotions Board (TPB) Philippines successfully gathered tourism stakeholders, industry buyers, and the public for the 18th Regional Travel Fair (RTF) in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM), held August 14–16, 2026, at the Alnor Hotel and Convention Center here.

SMFL expands Philippine footprint with RCBC stake

Sumitomo Mitsui Finance and Leasing Co. Ltd. (SMFL) is expanding its Philippine footprint after completing the acquisition of a 30 percent stake in RCBC Leasing & Finance Corp. (RLFC), positioning the Japanese financial services group to tap growing demand for leasing and asset financing.

UP study backs Maharlika fund for chip industry

A University of the Philippines study is urging the government to consider using the Maharlika Investment Fund (MIF) to finance a dedicated semiconductor development fund that could help the Philippines move into higher-value segments of the global chip industry.
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