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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

Singapore-backed AC Health expansion to create 10,000 jobs 

Singapore-backed private equity firm ABC Impact is doubling down on its investment in Ayala Group's AC Health, with the healthcare expansion expected to create around 10,000 direct jobs across the Philippines by 2027 while accelerating the rollout of hospitals, clinics, and pharmacies nationwide.

Government raises P1B from Makati property sale 

The government has raised P1 billion from the sale of state-owned condominium units and parking slots in Makati, giving a fresh boost to its privatization program as it looks to unlock more value from idle assets and generate additional non-tax revenues.

Jollibee Group Foundation wins top social sustainability honor at 2026 Philippine Leadership Awards

Jollibee Group Foundation has been named the Best Social Sustainability Initiative recipient at The Philippines’ Leadership Awards 2026. The award was presented during a ceremony held on June 26 at Dusit Thani Manila.

Global Dominion posts record 2025 results, targets wider MSME support

Global Dominion Financing, Inc. (GDFI) rounded 2025 with record performance, reporting total assets of P18.6 billion, up 32 percent from 2024, and net income rising 10 percent to P882 million. Total revenue reached P5.12 billion, while net customer loans hit P16.24 billion and total equity more than tripled to P4.27 billion. The firm lent P11.82 billion to 28,985 borrowers nationwide, with business and personal loans seeing strong growth. Under new president and CEO Samuel Cariño, who took office in June 2026, GDFI will expand its digital tools including its award-winning MyLoans App and AI systems, alongside its 196 branches across the country, to better serve underserved Filipino entrepreneurs and small businesses.
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