Technology

DoubleDragon Corp.—the brainchild of Jollibee’s Tony Tan Caktiong and Mang Inasal pioneer Injap Sia—said Tuesday that its subsidiary, Hotel101 Global, will begin trading on the Nasdaq under the ticker symbol “HBNB” starting July 1 (evening Manila time).

Shares of Hewlett Packard Enterprise Co. and Juniper Networks Inc. surged Monday after the tech companies reached a settlement with the U.S. Department of Justice on their proposed USD14 billion merger, under a settlement that addresses competition concerns.

The country's net external liability position expanded to US$69.3 billion as of end-March this year, up 5.8 percent from US$65.5 billion in December 2024, affirming the country’s continued status as a net debtor to the rest of the world, according to data from the Bangko Sentral ng Pilipinas (BSP).