Friday, 10 October 2025, 10:38 am

    Reuters

    136 POSTS

    Japan’s business mood hits near 2-year high in December quarter

    Business confidence at big Japanese manufacturers hit a near two-year high in the three months to December, a closely watched central bank survey showed,...

    Cryptoverse: Bitcoin defies its doubters in 2023

    If 2022 was the year that "broke bitcoin", 2023 has been the year of trauma recovery.

    Boeing deepens strategy cuts as operations take center-stage – sources

    Boeing Co has embarked on deeper-than-expected cuts in its strategy ranks, halving the number of planners working within key divisions as it refocuses energies on tackling industrial pressures, people familiar with the matter said.

    New COP28 draft text does not mention phase out of fossil fuels

    The U.N.'s climate body on Monday published its latest draft text of the deal it hopes to reach at the COP28 summit in Dubai, which includes a range of actions countries could take to reduce emissions.

    IMF’s Gopinath says economic fragmentation could cut global GDP by 7%

    The International Monetary Fund's No. 2 official on Monday warned that fragmentation in the global economy and clear shifts in underlying bilateral trade could trigger a "new Cold War" given the conflict in Ukraine and U.S.-China tensions.

    Just in

    National Reinsurance keeps strong credit ratings

    Global credit rating agency AM Best has reaffirmed its solid rating for National Reinsurance Corp. of the Philippines (Nat Re) and kept its rating outlook at stable. AM Best maintained Nat Re’s Financial Strength Rating of B++ (Good), Long-Term Issuer Credit Rating of “bbb” (Good), and Philippine National Scale Rating of aa+.PH (Superior).

    Davao Light sets aside P1B for Nordeco asset acquisition amid franchise expansion

    Davao Light and Power Co., a subsidiary of the Aboitiz Group, is preparing at least P1 billion to acquire the assets of Northern Davao Electric Cooperative Inc. (Nordeco) as part of its planned operational takeover.

    Agri damage from habagat, storms soars to P5.01B

    Damage to the agriculture sector from the southwest monsoon and tropical cyclones Mirasol, Nando, and Opong has climbed to P5.01 billion, the Department of Agriculture (DA) reported in its noon advisory on Wednesday, October 8.

    Econ Adviser denies investor pullout amid corruption probe

    The Philippines continues to receive investment pledges despite the ongoing investigation into alleged corruption in flood-control infrastructure projects, Special Assistant to the President for Investment and Economic Affairs Secretary Frederick D. Go said Thursday.
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