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OPEC+ ministers meet to discuss additional oil output cuts

The OPEC+ alliance was set to hold a set of meetings on Thursday to discuss additional oil production cuts for next year to support the market, three delegates told Reuters.

Beijing bourse tells ‘major shareholders’ to refrain from selling, sources say

The Beijing Stock Exchange has de facto implemented a new policy that prevents major shareholders of companies listed on the bourse from selling stock, worried that such sales could douse a long-desired rally, three people familiar with the matter said on Monday.

China’s fast-fashion retailer Shein files for US IPO – sources

China-founded fashion company Shein has confidentially filed to go public in the United States, two sources familiar with the matter told Reuters on Monday.

Philippines launches maiden sukuk bonds sale

The Philippines, one of Asia's most active sovereign debt issuers, has launched its maiden sukuk bonds issue, according to a government announcement on Monday, mandating banks involved to arrange the sale.

UN aviation meeting agrees to goal of 5% lower emissions by 2030

A meeting of more than 100 countries on Friday agreed to an interim goal for emissions reductions from global aviation by 2030 by using less-polluting fuels, but China, Russia and some others aired concerns about the impact on their economies.

Just in

Fuel prices set to rise sharply amid Middle East tensions

Fuel prices are poised for another sharp hike this Tuesday following a brief rollback last week, driven by escalating tensions in the Middle East and global supply constraints, a top industry official confirmed Sunday.

EastWest Bank prices rights offering at up to P11.05 per share to raise P9B for expansion and digital transformation

East West Banking Corp., led by the Gotianun family, has set the price range for its stock rights offering at P10.80 to P11.05 per share, with a par value of P10 each. The bank targets to raise around P9 billion through the offer, which will be listed on the Philippine Stock Exchange.

Eala pushes Jovic to the limit, but falls again

Alex Eala finally pushed Iva Jovic to the limit, but the result was painfully familiar.

PAL expands FurPAL: small cats now allowed in-cabin on all domestic flights

The Philippine Airlines (PAL) has updated its FurPAL program to let small cats travel alongside dogs inside the aircraft cabin on every domestic flight, giving Filipino pet owners more flexibility when planning trips.
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