Reuters

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Powerful quake rocks Japan, nearly 100,000 residents ordered to evacuate

A powerful earthquake struck central Japan on Monday, killing at least one person, destroying buildings, knocking out power to tens of thousands of homes and prompting residentsi in some coastal areas to flee to higher ground.i’m

Oil prices to end year 10% lower as demand concerns snap winning streak

Oil prices are set to end 2023 about 10 percent lower, the first annual decline in two years, after geopolitical concerns, production cuts and global measures to rein in inflation triggered wild fluctuations in prices.

Asia shares at five-month highs as rate bets pile up

Asian shares touched five-month highs on Thursday as market wagers on ever-more aggressive rate cuts extended a huge rally in U.S. stocks and bonds, but also left plenty of scope for disappointment next year.

Emerging markets’ stocks jump, led by heavyweight China shares; FX steady

Emerging markets stocks rose to their highest levels since August on Wednesday, led by gains in Chinese shares on positive economic data, while currencies remained steady as bets on U.S. interest rate cuts lingered.

Apple explores AI deals with news publishers

Apple has opened negotiations in recent weeks with major news and publishing organizations, seeking permission to use their material in the company's development of generative artificial intelligence systems, the New York Times reported on Friday.

Just in

SM Prime expands transit links to ease commuting

SM Prime Holdings Inc., the property development arm of the Sy Group, is increasing investment in transport-linked infrastructure, partnering with government agencies to improve mobility across Metro Manila by leveraging the strategic locations of its malls.

First Gen profit rises after strategic energy pivot 

First Gen Corp. posted an 8 percent increase in attributable recurring net income for 2025 to USD264 million (P15.2 billion), driven by stronger hydro output and higher electricity sales, as the company accelerates its shift toward renewable energy.

Filipinos browse fashion, buy essentials in online sale event

Online retailer Shopee reported a 19 percent increase in orders during its 3.3 sale, based on newly released consumer data showing how Filipinos shop online.

Manufacturers activate safeguards amid deepening energy crisis

Philippine manufacturers are rolling out sweeping mitigation measures after the government declared a National Energy Emergency under Executive Order 110, as global energy shocks ripple through the sector.
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