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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

Gov’t roll out ₱150-million cash aid for 30,000 Lalamove drivers

Thousands of Lalamove partner drivers in Metro Manila have started receiving ₱5,000 each in government financial aid as part of a massive, three-day distribution drive led by the Department of Social Welfare and Development (DSWD).

East Service Road upgrades pave future connectivity 

Construction has officially commenced along the East Service Road near Arca South in Taguig City, signaling the start of preparatory infrastructure works designed to support major transport projects shaping southern Metro Manila.

Philippine economic growth faces fragile, conditional outlook

 The Philippine economy is entering 2026 on uneven footing, with growth expected to slow slightly and risks looming large, economist Jonathan Ravelas said on Wednesday.

SM Offices says Clark Tech Hub hits full occupancy 

SM Offices, the commercial leasing arm of SM Prime Holdings, has achieved full occupancy across its 10-tower, 100,000 square meter Clark Tech Hub in Angeles City, Pampanga.
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