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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

Moratorium lift opens bigger runway for BPO growth

The planned lifting of the moratorium on new Philippine Economic Zone Authority (PEZA) information technology parks and centers is poised to unlock about 480,000 square meters of office space, giving business process outsourcing (BPO) firms a much larger pool of PEZA-accredited workplaces as expansion demand gathers pace.

Eala’s magical Wimbledon run halted by Paolini

The magical Wimbledon run that turned Alex Eala into the toast of tennis—and gave Filipinos a fortnight of sleepless nights they happily embraced—finally met its match on Monday, as Italy's Jasmine Paolini halted the Filipina's historic charge with a 6-4, 4-6, 6-3 victory in the Round of 16.

Boomers bring Gilas crashing back to Earth

Every basketball giant has an off night. For Gilas Pilipinas, this one arrived with a kangaroo-sized reality check on Monday night.

Aboitiz Group helping professionalize meat industry sector workers with Tesda, IVTSI

Aboitiz-led Pilmico Animal Nutrition Corp. has teamed up with Infinity Vocational Training School Inc. (IVTSI) and the Technical Education and Skills Development Authority (TESDA) to deliver hands-on training at its Tarlac Meatmasters facility—the country’s first Triple AAA-accredited multi-meat processing plant.
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