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Bitcoin bursts above $68,000, record high comes into view

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.

ACEN Australia, Marubeni Asian Power sign deal for AUD250M solar project

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.

ACEN rate adjustment claims could force Meralco to seek adjustments of its own

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. 

Japan’s new births fall to record low in 2023 as demographic woes deepen

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 Bank posts record P22 billion net profit in 2023, up 15%

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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PAL raises $300M in landmark inaugural global bonds

Philippine Airlines (PAL) has secured $300 million through its first-ever international bond offering, with proceeds earmarked for fleet modernization and long-term expansion.

Aboitiz Power unit supplies 2 MW renewable energy to China Bank in Mega Manila

Aboitiz Power Corporation’s retail electricity supply arm AdventEnergy has secured a deal with China Banking Corporation to provide clean power to over 30 percent of the bank’s branch network across Bulacan, Cavite, Laguna and Metro Manila.

Rice imports rise 20% over six months; DA vows measures to protect local farmers

The Philippines imported 2.75 million metric tons of rice in the first six months of 2026, a 20.1 percent increase from the 2.29 million MT recorded in the same period last year, the Department of Agriculture (DA) announced Wednesday in Quezon City.

Meralco on standby for power issues amid super typhoon threat

The Manila Electric Company (Meralco) has assured customers its teams are fully prepared to respond to any power outages caused by Super Typhoon Inday (international name Bavi) and the intensified southwest monsoon.

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