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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

DA: Rice supply stable despite rising costs

The Department of Agriculture (DA) on Tuesday said rice supply in the Philippines remains stable even as global fuel and fertilizer prices rise.

Vacancies rise as office, condo markets cool—Colliers

Metro Manila’s property market is turning cautious, with office leasing decisions slowing and condominium developers dialing back new launches as vacancies climb, according to Colliers Philippines.

DA launches P20/kg rice program in Makati

The Department of Agriculture (DA) on Tuesday rolled out its P20 per kilo rice program in Makati City, serving about 750 beneficiaries during the launch attended by Mayor Nancy Binay and other local officials.

AirAsia Philippines names new president amid expansion push

AirAsia Philippines has appointed Anna Victoria Lu as its new president and general manager, signaling a leadership reset as the airline moves into a new growth phase.
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