Reuters

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India cuts floor price for basmati rice exports to revive shipments

India has cut the floor price for basmati rice exports to $950 per metric ton from $1,200, a government source told Reuters on Thursday, after farmers and exporters complained it was damaging the trade by stalling shipments.

Subaru CEO: working with suppliers to lower procurement risks of EV battery materials

Japan's Subaru is working with suppliers to decrease risks related to procuring materials used in electric-vehicle batteries, its chief executive said on Wednesday, as automakers grapple with China's move to curb exports of graphite.

BioMarin’s dwarfism therapy gets FDA nod for expanded use

The U.S. health regulator on Friday approved the expanded use of BioMarin Pharmaceutical's once-daily injection to treat children under the age of 5 with the most common form of short-limbed dwarfism.

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.

Just in

Consortium begins P2.1B microgrid projects in underserved areas

A power consortium has started building 24 microgrid projects worth about P2.1 billion to bring electricity to remote communities in Palawan, Cebu, and Quezon Province.

Tookitaki expands Philippine presence, boosts anti-crime push 

Tookitaki has expanded its footprint in the Philippines with a new satellite office at Ayala Triangle Tower One in Makati City, signaling confidence in one of Southeast Asia’s fastest-growing fintech markets.

Philippines clinches P925M ITB Berlin deals

The Philippines secured more than P925 million in preliminary sales leads at Internationale Tourismus-Börse Berlin 2026, reinforcing its push to capture higher-value European travelers and expand its long-haul market base.

Monde Nissin cited for plastic, circular gains

Monde Nissin Corp. has received a Special Citation for Obliged Enterprises at the 2026 Extended Producer Responsibility (EPR) Recognition Program, highlighting its progress in cutting plastic use and advancing circular packaging.
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