Reuters

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Oil inches up as US plans more strikes in Mideast, Ukraine hits Russian refinery

Oil prices nudged higher on Monday, recovering from sharp falls last week, after Washington pledged to launch further strikes on Iran-backed groups in the Middle East and as Ukrainian drones struck southern Russia's largest refinery.

Amazon beats estimates on AI-fueled cloud, ecommerce businesses, shares jump

Amazon.com AMZN.O beat fourth-quarter revenue expectations on Thursday as new generative AI features in its cloud and ecommerce businesses spurred robust growth during the critical holiday period, sending its shares up 8 percent after the market close.

India rates extend rally on low supplies; Thai prices ease

Parboiled rice export prices from India extended their record rally this week, driven by tight supplies and firm demand due to higher prices in other hubs, while Thai rates slipped as new supply from fresh harvests trickled in.

US regional banks tumble for second straight day on NYCB woes

U.S. regional banks sold off again on Thursday, adding to losses from a day earlier when New York Community Bancorp NYCB.N reported increased stress in its commercial real estate portfolio, renewing fears about the industry's health.

Stocks, yields slide as Fed signals no rate cut soon

Treasury yields and a gauge of global equities fell sharply after the Federal Reserve left interest rates unchanged as expected on Wednesday but indicated it would not reduce them until inflation was "moving sustainably" towards its 2 percent target.

Just in

Home Credit urges early contact for customers facing payment difficulties

Consumer finance provider Home Credit Philippines (HCPH) is encouraging customers who are having trouble making loan payments to reach out as early as possible to seek assistance.

Lender wins dual global honors at International Finance Awards 2025

Asialink Finance Corporation (AFC) has been recognized with two major honors at the International Finance Awards 2025 in Bangkok, Thailand, strengthening its position as a leading financial services provider in the Philippines.

Precision and purpose mark BPI Corregidor Cup 2026

The Bank of the Philippine Islands has wrapped up the 2026 BPI Corregidor Cup, reinforcing its push to link wealth management with high-profile lifestyle and sustainability initiatives.

Jollibee weighs Vietnam IPO for Highlands

Jollibee Foods Corp., one of the largest fast food chain in Southeast Asia, is exploring a public listing for its fast-growing Vietnamese coffee arm, Highlands Coffee, in a move that could unlock fresh capital and sharpen the group’s regional expansion.
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