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Asian shares hit three-month peak as Fed pivot rally rolls on

Asian shares hit a three-month peak on Friday as sharp declines in the dollar and U.S. yields extended the Fed-fuelled rally, but pushback on...

IMF chief says rules, infrastructure needed to prevent crypto risks

The head of International Monetary Fund (IMF) said on Thursday that crypto currencies need to be regulated with rules and infrastructure because they pose risks to financial stability.

South Korea to provide $29 billion to support battery industry over 5 yrs

South Korea will provide 38 trillion won (USD29 billion) in financing to strengthen its battery industry over the next five years, as global competition to secure battery supply chains remains fierce, the government said on Wednesday.

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.

Just in

Gov’t greenlights $1-M aid to restructure LRT 1 PPP deal

The national government has approved $1‑million in assistance to cover advisory work for planned changes to the concession deal governing operations and maintenance of the LRT‑1 Extension project, a move officials say aims to put the light rail line on firmer financial footing for hundreds of thousands of daily commuters.

MARINA suspends safety certificates after separate Cagayan, Bohol sea incidents 

The Maritime Industry Authority (MARINA) has ordered the immediate suspension of safety certificates for two vessels following separate maritime incidents off Cagayan and Bohol last 31 October 2026, a move signalling tighter sea‑safety checks for passengers and sea travellers nationwide.

SEC urges manufacturers to tap capital markets for expansion

For Philippine manufacturers, the next factory may require more than retained earnings and a friendly bank. The Securities and Exchange Commission (SEC) is urging them to look beyond traditional financing and prepare to tap the capital markets as they scale up.

Japanese utility eyes solar projects for 10 PEZA locators

A Japanese power utility is sizing up a new Philippine market, and it is starting with something factories cannot do without: electricity.
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