Bitcoin rallied to a two-year high on Monday, breaking above $68,000 as a wave of money carried it within striking distance of record levels.
The price hit a session high of $68,580 and was last at $68,161. Bitcoin hit a record $68,999.99 in November 2021.
Philippine-listed renewable energy firm ACEN Corp. said Tuesday its unit, ACEN Australia, signed a cooperation agreement with Marubeni Asian Power Singapore for the joint development of a 200 megaWatt/400 MW-hour battery energy storage system in New South Wales.
The Manila Electric Co. (Meralco) said power rates in Metro Manila could go up should regulators allow ACEN Corp. to apply so-called change in circumstance (CIC) claims on its power supply agreements (PSAs) with the distribution utility.
The number of babies born in Japan fell for an eighth straight year to a fresh record low in 2023, preliminary government data showed on Tuesday, underscoring the...
China Banking Corp., one of the lenders owned by the Sy Group, said Tuesday net profit in 2023 rose 15 percent to a record P22 billion on double-digit growth in net interest income and lower provisions for possible loan losses.
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The Philippine banking sector maintained its solid footing through the first half of 2026, keeping the country’s economic engine running by ensuring a steady flow of money to everyday consumers and growing businesses.
Philippine Airlines (PAL) has sealed deals with Airbus and Rolls-Royce to acquire nine additional Airbus A350-1000 aircraft, moving forward with its major long-haul fleet expansion. The deal also includes purchase rights for five more planes and a supply of Trent XWB-97 engines, bringing PAL’s total commitment for this aircraft model to 18 units.
Converge Information and Communications Technology Solutions Inc. reported a 9 percent drop in net income for the first nine months of 2026, falling to P8.08 billion from P8.9 billion in the same period last year — even as total revenues rose thanks to strong momentum in its enterprise business.