Monday, 01 September 2025, 11:03 pm

    Reuters

    136 POSTS

    Wall St ends sharply lower, posts weekly losses; Mideast fears increase

    U.S. stocks ended sharply lower for the day and week on Friday as investors worried about more interest rate hikes and the Israel-Hamas conflict spreading.

    US stocks end sharply lower, crude jumps on Middle East tensions

    Wall Street stocks tumbled and crude prices surged on Wednesday as escalating Middle East turmoil prompted a broad sell-off and stoked oil supply concerns.

    SK’s Hanwha Ocean eyes submarine exports to Canada, Philippines, Poland – official

    SEONGNAM, South Korea - South Korea's Hanwha Ocean has pitched offers to build submarines to Canada, the Philippines and Poland, a company official said...

    China’s Q3 economic growth beats market forecast, headwinds persist

    China's economy grew at a faster-than-expected clip in the third quarter, data showed on Wednesday, while domestic consumption also picked up pace last month, suggesting the recent recovery may carry enough steam to reach Beijing's full-year growth target.

    Copper slips as upbeat dollar, high inventories weigh

    Copper prices edged lower on Tuesday as the U.S. dollar regained footing ahead of Federal Reserve Chair Jerome Powell's speech this week, while elevated inventories also kept prices of the metal under pressure.

    Just in

    Gold lifts mineral production despite nickel slump

    The country's metallic mineral production increased by 15.1 percent in the first half of 2025, reaching ₱135.62 billion, up from ₱117.78 billion in the same period last year, according to a preliminary report released by the Mines and Geosciences Bureau (MGB) on Monday.

    DA Intensifies Anti-Smuggling Drive, Urges Law Reforms for Stronger Enforcement

    The Department of Agriculture (DA) has ramped up efforts to combat agricultural smuggling, with P3.78 billion worth of illegal goods seized since January 2024. However, DA Secretary Francisco Tiu Laurel Jr. told the Senate that enforcement gaps in the current law are hindering progress.

    DPWH officials ordered to resign in massive clean-up drive

    Newly appointed Public Works Secretary Vince Dizon has ordered all Department of Public Works and Highways (DPWH) officials—from undersecretaries to district engineers—to submit courtesy resignations, following a directive from President Ferdinand R. Marcos Jr. aimed at cleaning up the agency amid reports of corruption and ghost projects.

    Suntrust acquires 20% stake in Entertainment City Resorts

    Suntrust Resort Holdings Inc. announced on Monday the acquisition of an indirect 20 percent ownership stake in Entertainment City Resorts Corp. (ECRC) as part of a collaboration aimed at accelerating the development of the Westside Integrated Resort Project in Parañaque City.
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