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GROSS international reserves (GIR) fell to an 18-month low last month but remained sufficient to meet the country’s import needs, pay off debts and provide a buffer against economic shocks, the Bangko Sentral ng Pilipinas (BSP) said on Friday.
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The Government Pension Investment Fund's assets under management stood at 317.76 trillion yen in June, surpassing 300 trillion yen for the first time. (Photo by Jumpei Kinefuchi)
The Top 20 Global Concert Tours ranks artists by average box office gross per city and includes the average ticket price for shows Worldwide. The list is based on data provided to the trade publication Pollstar by concert promoters and venue managers.
UKRAINE’S President Volodymyr Zelenskyy is reportedly aiming to force Russian President Vladimir Putin toward negotiating peace by this fall before another winter sets in, through combined military, economic and diplomatic pressure. He has set no specific timeline for ending the war, but he sees a window opening by …
The logo for Boeing appears on a screen above a trading post on the floor of the New York Stock Exchange, July 13, 2021. (AP Photo/Richard Drew, File)
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Sen. Martin Heinrich will introduce a bill, shared exclusively with CNBC, to end tax breaks for U.S. oil and gas companies that operate overseas while the industry reaps massive profits as the war with Iran spikes oil prices.
VISITOR traffic at SMX Convention Centers increased 18 percent in the first half of 2026 as demand for conferences, exhibitions and other business events remained strong.
TOKYO — Technology investor SoftBank Group Corp. reported Thursday an 18 percent drop in fiscal first quarter profit, as higher costs offset its investment gains.
ADVANCED Micro Devices (AMD) said on Thursday it would buy chip startup Taalas for an undisclosed amount, strengthening its technology as it taps into the rapidly growing market for AI inference workloads.
German arms maker Rheinmetall has reported a nearly 70% surge in second-quarter revenue and more than doubled its operating profit as rising European military spending continues to boost demand for weapons across the region.
A JBS meat plant in Brazil. JBS and Danantara will form a joint venture. © Reuters
Unlike recent extremely volatile months, consumers expectations for inflation in July barely budged as disclosed today by the latest NY Fed Survey, which showed that inflation expectations in one year fell slightly to 3.6% from 3.7% prior. Estimates for price increases in three and five years remained at 3.3% and 3%…
English club lose 2-1 to six-time European champions at Kai Tak Stadium and is facing up to life without star duo after enforced sales
English club lose 2-1 to six-time European champions at Kai Tak Stadium and is facing up to life without star duo after enforced sales
A Chinese drone on display at a trade show in Shanghai on July 22. (Photo by Itsuro Fujino)
Abu Dhabi's Adnoc has said it will continue to prioritise the safety of its manpower and assets, and called for safe and free navigation in international waters affected by the war in the Middle East.
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Aeon operates the MaxValu supermarket chain and MaxValu Tanjai minimarts in Thailand. (Photo by Tsuyoshi Tamehiro)
Saudi Arabia’s accession to the Abraham Accords could become one of the most important diplomatic achievements in Israel’s history. Normalization with the largest and most influential kingdom in the Arab world could reshape the Middle East, open new trade routes, strengthen the moderate camp against Iran, and grant …
China's jump in R&D spending was driven by corporate investment in computers and electronics. © Reuters
For years, the crypto industry's biggest challenge has been finding users beyond traders. Now, some of its largest companies think they've found them in AI agents.
Dana Gas and Crescent Petroleum deny breaching any agreement in supplying natural gas from the Khor Mor field to Iraq's electricity ministry.
Oil major Eneos Holdings is looking for opportunities in the U.S. chemical market, which is eight times larger than the one in Japan. (Photo by Takashi Miyazaki)
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WASHINGTON — U.S. employers unexpectedly cut 23,000 jobs last month, and Labor Department revisions shaved 103,000 jobs off payrolls in May and June. The unemployment rate dipped to 4.1% only because Americans left the job market.
Estimates for previous two months were revised down sharply but unemployment rate held steady at 4.1%
Survey finds that 65 per cent of higher-education institutions have seen increases or no drop-off in number of applications from China
Survey finds that 65 per cent of higher-education institutions have seen increases or no drop-off in number of applications from China
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Antonio Sayo of the Employers Confederation of the Philippines (ECOP), says on Aug. 7, 2026 that the employers respect the P85 wage order but maintains that it should not serve as basis for wage adjustments in other regions because of differing cost structures. He said wage rates should continue to vary across regio…
Deal adds to signs of mainland Chinese wealth entering the city’s high-end residential market despite a slowdown in overall activity
Deal adds to signs of mainland Chinese wealth entering the city’s high-end residential market despite a slowdown in overall activity
The U.S. economy saw an unexpected declined in jobs during July while the unemployment rate edged lower, the Bureau of Labor Statistics reported Friday in a snapshot that showed a slowing employment picture.
The Chat GPT app icon is seen on a smartphone screen, Aug. 4, 2025, in Chicago. (AP Photo/Kiichiro Sato, File)
Trust remains OpenAI's biggest problem. Sam Altman's public feud with Elon Musk, combined with Apple's allegations that OpenAI stole trade secrets, has only intensified concerns surrounding the company's leadership and governance.
US futures grind higher in a European session devoid of newsflow ahead of nonfarm payrolls. As of 815am ET, S&P futures rose 0.2% while Nasdaq futures gained 0.4%, with some of yesterday’s beaten up tech names such as Sandisk and Western Digital getting some reprieve in the premarket. Asian stocks swung between a lo…
Beijing urged the market not to overreact to the policy – which it stressed was not new – after reports of the tax triggered a sell-off in Hong Kong
Beijing urged the market not to overreact to the policy – which it stressed was not new – after reports of the tax triggered a sell-off in Hong Kong
Oil prices steadied after rising early on Friday, following an escalation in attacks on Saudi Arabia by Yemen's Houthi rebels that renewed supply fears in the market.
UN index says weather is affecting wheat yields while conflicts in Ukraine and Iran hit exports and drive up prices
The UN Food and Agriculture Organization’s Food Price Index climbed to a three-year high in July, extending its upward trajectory as conflicts across Eurasia (the Black Sea and the Hormuz chokepoint) disrupt critical trade routes and mounting El Niño risks threaten global harvests.
Exports surge in first half of year, as the superior heat dissipation of diamonds expands market beyond jewellery, positioning China for further growth
Exports surge in first half of year, as the superior heat dissipation of diamonds expands market beyond jewellery, positioning China for further growth