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India cuts floor price for basmati rice exports to revive shipments

Agriculture Reuters Reuters -
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

Communications & Technology Reuters Reuters -
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

Top News Reuters Reuters -
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

Markets Reuters Reuters -
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

Markets Reuters Reuters -
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.
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NBI chief: persons of interest in VP kill threat known

Context Dispatch 0
National Bureau of Investigation Director Melvin Matibag told the Senate impeachment court that the agency has identified persons of interest in its investigation into Vice President Sara Duterte's statement that she had contracted a hitman to assassinate President Ferdinand Marcos Jr., First Lady Liza Marcos and former House Speaker Martin Romualdez. During cross-examination, the defense questioned Matibag's impartiality, citing his appointment by Marcos and his wife's role as a lawmaker who signed the impeachment complaint. Matibag also testified that an American law enforcer told him threats against the US president typically result in immediate arrest under American law.

PSE updates index inclusion rules to match global norms

Corporate 0
The Philippine Stock Exchange (PSE) has announced major updates to its criteria for companies joining the 30-member benchmark index, introducing a new market capitalization threshold and revised liquidity rules ahead of the February 2027 rebalancing period.

JCB marks 30 years in Philippines, joins 70th PH-Japan friendship commemoration

Corporate 0
The Philippines and Japan established formal diplomatic ties in 1956, building a longstanding partnership centered on friendship, economic cooperation, and cultural exchange.

SJDM Bulacan Water supply risks worsen as Angat Dam levels drop

Environment 0
San Jose del Monte (SJDM) City in Bulacan has stepped up its emergency efforts as reduced allocations from the Metropolitan Waterworks and Sewerage System (MWSS) cut the local water district’s daily supply from 70 million liters to 45 million liters.
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