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Europe launches AI one-stop shop with supercomputers for startups

Europe's startups will get easier access to artificial intelligence-dedicated supercomputers to help them develop general purpose AI models as part of a new one-stop shop to boost take up of the technology, the European Commission said on Wednesday.

Oil edges up 1% on big US crude withdrawal, China stimulus

Oil prices edged up about 1 percent on Wednesday on a bigger-than-expected U.S. crude storage withdrawal, a slump in U.S. crude output, Chinese economic stimulus, geopolitical tensions and a weaker dollar.

World stocks pick up, China markets struggle

Global stocks neared one-month highs on Tuesday, after the Bank of Japan left monetary policy unchanged, bolstering the yen and Japanese stocks, while Chinese equity investors took little heart from speculation of a huge government rescue package.

Philippines c.bank: rate hike transmission significant

The pass-through effect of the Philippine central bank's series of rate hikes since 2022 has been "quite significant", a senior Bangko Sentral ng Pilipinas official said on Friday.

Waning supplies prop up India rates to 4-month peak, Thai prices rise

Reuters - Prices of parboiled rice exported from top hub India jumped to their highest level in four months this week, while strong demand and shrinking supplies supported rates for the Thai variety.

Just in

Bohol airport pushes local tourism beyond popular destinations

Bohol-Panglao International Airport (BPIA) is using its terminal to steer visitors beyond the province’s familiar tourist circuit, promoting lesser-known eateries, farms and community attractions through locally curated travel guides.

The long way to the starting line

A 29-hour journey is a long time to think about a sporting career. There are connecting flights, airport layovers, uncomfortable seats, and the inevitable question of whether the person beside you has also decided that sleeping on an airplane is an exercise in futility. For nine young Filipino athletes on their way to Dakar, Senegal, however, the long trek is hopefully headed to success. They are about to compete in the 2026 Youth Olympic Games, an event that could become an important chapter in their sporting lives.

Gov’t greenlights $1-M aid to restructure LRT 1 PPP deal

The national government has approved $1‑million in assistance to cover advisory work for planned changes to the concession deal governing operations and maintenance of the LRT‑1 Extension project, a move officials say aims to put the light rail line on firmer financial footing for hundreds of thousands of daily commuters.

MARINA suspends safety certificates after separate Cagayan, Bohol sea incidents 

The Maritime Industry Authority (MARINA) has ordered the immediate suspension of safety certificates for two vessels following separate maritime incidents off Cagayan and Bohol last 31 October 2026, a move signalling tighter sea‑safety checks for passengers and sea travellers nationwide.
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