Japan banks, tech firms join on AI chat tool for retail asset management
The AI system will be designed to offer personalized recommendations for retail investors based on conversations with a chatbot. (Photo by Rie Ishii)
· Staff Writer
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Newest first · UTC+11:00Pistons acquire sharpshooter Isaiah Joe as Thunder continue roster retool
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· Erich Richter
It’s wrong to equate Gibo with the Philippines
CHINA’S sanctions on Defense Secretary Gilberto “Gibo” Teodoro Jr. and his immediate family banning their travel to mainland China, Hong Kong and Macao have had a way of reviving concerns about his Filipinism. His pronouncements in the recent Shangri-La Dialogue condemning China’s so-called incursions into the Phili…
· Mauro Gia Samonte
Cemap welcomes order to destroy siezed cement
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· Chynna Grace Ong
Monde M.Y. San to build P5B plant in Pampanga
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· Chynna Grace Ong
With no word yet on revenue goal, BIR sticking to P3.579T
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· Niña Myka Pauline Arceo
Urban road transformation should be DPWH’s priority
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· Robert Siy
Banks ‘well-positioned’ to handle shocks – BSP
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· Giselle P. Jordan
Volkswagen CEO Plans 100,000 Job Cuts In Generational Overhaul
German business news outlet Manager Magazin reports that Volkswagen CEO Oliver Blume is eyeing a major restructuring that could eliminate as many as 100,000 jobs. The latest VW earnings show just why: Europe's largest automaker remains bloated in a world of weak demand, a softening Chinese market, rising Chinese com…
· Tyler Durden
LNG prices slow to normalize despite Iran deal, Qatar production restart
Recent satellite images indicate that Qatari LNG facilities like this one may be starting up again. © Reuters
· Staff Writer
Buffalo Bills fans enraged by ‘outrageous’ ticket costs at new stadium — where cheapest seats are $700
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· Taylor Herzlich
Minneapolis Fed President Neel Kashkari says he expects a rate hike this year
Minneapolis Federal Reserve President Neel Kashkari said Friday he has changed his outlook and now expects that one interest rate increase will be necessary this year.
· Jeff Cox
Rangers trade Brett Berard to Canadiens in draft day prospect swap
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· Mollie Walker
Takeda's 1st female CEO leans into AI to shape biopharma business
Julie Kim, the first female CEO of Takeda Pharmaceutical, speaks to reporters on June 25.
· Staff Writer
Rangers trade Brett Berard to Canadiens as Islanders re-sign Tony DeAngelo
New York Islanders defenseman Tony DeAngelo (77) looks on during the third period of an NHL hockey game against the Washington Capitals, Feb. 2, 2026, in Washington. (AP Photo/Nick Wass, File)
ON Semi tanks 20% following Synaptics deal as CEO defends core business
ON Semiconductor CEO Hassane El-Khoury defended the company's core business as shares tanked 20% after announcing its largest acquisition to capitalize on physical artificial intelligence.
· Samantha Subin
VW plans to cut up to 100,000 jobs and shut plants, report says
German firm reportedly considering doubling previously announced staff reductions amid Chinese competition
· Lisaocarroll
A Moroccan court sentences 29 prominent people in major drug trafficking and corruption case
CASABLANCA — A Moroccan court handed prison sentences to 29 people, including prominent politicians and sports and business figures, in an international drug trafficking and corruption scandal that has rocked the country.
· Associated Press
Amazon Prime Day Household Spending Underwhelms, Survey Finds
The massive four-day shopping event for Amazon Prime members kicked off Tuesday and runs through the end of the week, but early survey data suggest the sales event is off to a sluggish start, with average household spending on day one tracking below last year's pace.
· Tyler Durden
Germany Christmas market attacker, a Saudi psychiatrist, sentenced to life
Taleb Jawad al-Abdulmohsen, an anti-Islam activist interested in the far-right, killed six and wounded hundreds by driving through crowds
· Agence France-Presse
Germany Christmas market attacker, a Saudi psychiatrist, sentenced to life
Taleb Jawad al-Abdulmohsen, an anti-Islam activist interested in the far-right, killed six and wounded hundreds by driving through crowds
· Agence France-Presse
Daiichi Life to arrange leveraged buyout loans in first for Japan life insurer
Daiichi Life Insurance is expanding into leveraged buyout loans as Japan's M&A financing demand grows. © Reuters
· Staff Writer
Top 20 Global Concert Tours from Pollstar
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.
China backs economic corridor to Bangladesh
Beijing has proposed an economic corridor which would link China and Bangladesh as well as Myanmar.
· RT
Volkswagen plans up to 100,000 job cuts: ‘Never has the risk situation been so high’
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· Ariel Zilber
Moroccan court jails 29 in major drug trafficking case
A Moroccan court handed prison sentences to 29 people, including prominent politicians and sports and business figures, in an international drug trafficking and corruption scandal that has rocked the country.
· AfricaNews
Hyatt to bring luxury hotel brand Alila to Japan in 2028
The Alila Sengokuhara Hakone hotel, as seen in this artist's rendering, will have 60 rooms. (Kengo Kuma & Associates)
· Staff Writer
Kalshi promo code NYPMAX: Trade $10, get $15 for the World Cup
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· Michael Leboff
US crude oil falls below $70 a barrel despite Iranian attack on cargo ship
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· Taylor Herzlich
UMich Sentiment Rebounds From 46-Year Record Low In June, Inflation Fears Fade Further
Having rebounded from record (46 year) lows in preliminary June data, University of Michigan's final June Sentiment survey was expected to show further improvement as gas prices have fallen since the US-Iran 'peace' MoU signing.
· Tyler Durden
DNC focusing on affordability concerns with weekend of events
An electronic billboard that reads “I love the inflation.” - Donald J. Trump June 10, 2026,” is seen near I-74 in Cincinnati, Tuesday, June 16, 2026. (AP Photo/Carolyn Kaster)
· Matt Brown
Business less pessimistic; consumers more worried
BUSINESSES were less pessimistic in May, the Bangko Sentral ng Pilipinas (BSP) reported on Friday, but consumer sentiment plunged in the second quarter amid differing views regarding the impact of the war in the Middle East.
· The Manila Times Staff
Trump eases pressure on Fed Chairman Kevin Warsh as inflation tops 4%
With inflation topping 4%, the Trump administration is easing off its long-standing calls for the Federal Reserve to immediately cut interest rates. That is giving new Fed Chairman Kevin Warsh an extended political grace period as he deals with a challenging economic environment, but underscores the depth of the pus…
· Matt Peterson
Iraq’s new PM launches anticorruption campaign, but is it enough?
An unusual wave of anticorruption arrests targeting senior officials in Iraq has resulted in the seizure of tens of millions of dollars – rousing public opinion across the country and bringing renewed attention to the decades-long problem of financial corruption.
· Waleed Ibrahim
Hong Kong civil service chief vows ‘attractive’ pay rise once economy improves
Ingrid Yeung stresses prudent use of public money after some lawmakers say flat 2 per cent pay rise falls short of pay trends, union demands
· Matthew Cheng
Hong Kong civil service chief vows ‘attractive’ pay rise once economy improves
Ingrid Yeung stresses prudent use of public money after some lawmakers say flat 2 per cent pay rise falls short of pay trends, union demands
· Matthew Cheng
Small aircraft hits Beijing’s tallest skyscraper, prompting evacuations
Videos posted to social media show the plane striking the upper floors of Citic Tower, scattering debris in central business district
· Alyssa Chen
Small aircraft hits Beijing’s tallest skyscraper, prompting evacuations
Videos posted to social media show the plane striking the upper floors of Citic Tower, scattering debris in central business district
· Alyssa Chen
Why effectiveness is the ultimate measure of trust
FLORA T. of Sto. Tomas, Batangas, developed gestational hypertension toward the end of her pregnancy. Scared by online reports of substandard medications. While accustomed to purchasing her healthcare needs on a digital shopping platform, she stopped entirely after learning that regulatory bodies struggle to monitor…
· The Manila Times
In Venezuela, China’s oil-for-loan deals run into debt restructuring, US ‘gatekeeper’ risk
Beijing’s influence in Caracas seen fading, with Washington controlling Venezuela’s oil revenues and debt overhaul, potentially triggering a stand-off
· Ji Siqi
In Venezuela, China’s oil-for-loan deals run into debt restructuring, US ‘gatekeeper’ risk
Beijing’s influence in Caracas seen fading, with Washington controlling Venezuela’s oil revenues and debt overhaul, potentially triggering a stand-off
· Ji Siqi
Mamdani's Rent-Freeze Approved By NYC Guidelines Board
The New York City Rent Guidelines Board voted 7–1 to freeze rents on about 1 million rent-stabilized apartments for up to two years, giving tenants a win on a central campaign promise from Mayor Zohran Mamdani while revealing tensions over the board’s independence.
· Tyler Durden
Ex-Apollo CEO Leon Black says Jeffrey Epstein duped him out of more than $60 million
Former Apollo Global Management CEO Leon Black, in prepared testimony for a House committee on Friday, said notorious sex offender Jeffrey Epstein duped him out of more than $60 million in financial management fees by falsely claiming that they were tax-deductible.
· Dan Mangan, David Faber
GCash operator eyes record P92.3B IPO — report
Mynt Inc., the operator of mobile wallet GCash, is preparing what could become the Philippines' largest initial public offering (IPO), with plans to raise as much as P92.3 billion, according to a report on Friday.
· Nazylen Joy Mabanglo
Which countries have pledged aid to Venezuela after powerful earthquakes?
Crisis upon crisis: Venezuelan earthquakes compound economic hardships
· Al Jazeera Staff
Southeast Asia’s ‘red alert’ haze fight faces economic test
Indonesia has come under renewed attention after President Prabowo Subianto committed to cracking down on agriculture-linked fires
· Kolette Lim
Southeast Asia’s ‘red alert’ haze fight faces economic test
Indonesia has come under renewed attention after President Prabowo Subianto committed to cracking down on agriculture-linked fires
· Kolette Lim
Futures Drop, Chips Resume Slide As OpenAI IPO Delay Dents Sentiment
Futures point to a lower start for cash trading on the last day of the week, as tech stocks dragged global indexes lower following renewed selling in chipmakers, while a report that OpenAI could postpone plans to go public also weighed on sentiment. The volatility reflects a valuation test, profit‑taking and flow-dr…
· Tyler Durden
Europe wants a new Plaza Accord for China – seriously?
Instead of hoping for Beijing to commit economic suicide, it would be more realistic for the EU to strike a mutually acceptable trade deal
· Alex Lo
Europe wants a new Plaza Accord for China – seriously?
Instead of hoping for Beijing to commit economic suicide, it would be more realistic for the EU to strike a mutually acceptable trade deal
· Alex Lo