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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

Cirtek sells Quintel assets in strategic reset

Listed technology firm Cirtek Holdings Philippines Corp. is divesting a substantial portion of its US-based antenna business in a move that signals a continued effort to streamline operations and sharpen its strategic focus amid evolving conditions in the global telecommunications sector.

VinFast looks at battery subscriptions to drive sales

Vietnamese electric vehicle maker VinFast is introducing a new ownership model in the Philippines, betting that battery subscriptions can make electric motorcycles more affordable and attractive to cost-conscious commuters, delivery riders, and ride-hailing operators.

Tuna eyes find surprising path to superfoods

A tuna's eyes may not be the most appetizing part of the fish, but scientists are proving they may be among its most valuable. 

Fitch Ratings underscores PAL’s stronger flight path

Philippine Airlines (PAL) has secured a key endorsement from global credit watcher Fitch Ratings, which assigned the flag carrier its first-ever 'BB' Long-Term Issuer Default Rating with a Stable Outlook, highlighting the airline's improved financial resilience and disciplined recovery strategy following years of industry upheaval.
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