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Tokyo Stock Exchange kicks off carbon credit trading

TOKYO, Reuters - The Tokyo Stock Exchange (TSE) started trading carbon credits on Wednesday, a key element in the world's fifth-largest carbon dioxide (CO2) emitter Japan's strategy to tackle climate change.

IMF says global economy ‘limping along,’ cuts growth forecast for China, euro area

MARRAKECH, Morocco (Reuters) -    The International Monetary Fund on Tuesday cut its growth forecasts for China and the euro area and said overall global growth remained low and uneven despite what it called the "remarkable strength" of the U.S. economy.

World Bank explores expanding loan guarantees for private financing

The World Bank on Monday said it is looking at ways to expand the guarantees it provides for commercial loans to boost the private financing available to developing countries.

Oil prices jump as Middle East violence roils

Oil prices jumped more than $3 a barrel in early Asian trade on Monday, as dramatic military clashes between Israeli and Hamas forces over...

United Airlines orders 110 Airbus, Boeing jets in a bet on travel demand

United Airlines on Tuesday announced an order for 110 aircraft from Boeing and Airbus for delivery beginning in 2028 as it seeks to expand...

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Fuel prices drop: diesel, kerosene down over ₱3 per liter — relief for businesses, households

Major local fuel firms will roll back prices starting Tuesday, September 1, with diesel and kerosene falling by more than ₱3 per liter after two consecutive weeks of increases.

Subic airport eyed for e-commerce cargo hub 

The Bureau of Customs is preparing Subic Bay International Airport as a potential alternative gateway for e-commerce shipments, opening another route for time-sensitive cargo and expanding Subic’s role in the country’s logistics network.

SB Equities trims Ayala Land income forecast, cuts price target on higher costs 

SB Equities Inc., the research and brokerage arm of Security Bank Corp., has lowered its income projections for property developer Ayala Land Inc. after the firm raised its outlook for operating expenses.

12+ geothermal projects up for ₱10-B de-risking fund

The Department of Energy (DOE) has confirmed more than 12 proposed geothermal projects are set to benefit from the Philippine Geothermal Resource De-Risking Facility (PGRDF), a ₱10.07-billion program designed to clear key barriers to renewable energy investment.
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