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The company formerly known as Facebook which has yet to change its name from the terribly outdated Meta to something more AI-related, even if Meta has so far lost any hope of being a leading frontier model, is developing a new app called “Arena” that mirrors a prediction market platform to compete with the runaway s…
Milwaukee Bucks forward Giannis Antetokounmpo walks off the court after an NBA basketball game against the Brooklyn Nets, Friday, April 10, 2026, in Milwaukee. (AP Photo/Jeffrey Phelps, File)
Stocks fell on Wall Street as a sell-off in big technology companies spread from Asia back to the US over worries about potentially higher interest rates by the end of the year.
Less than two weeks after its record IPO, SpaceX has raised $25 billion in a debt sale, CNBC has confirmed.
Wed 24 Jun 2026 at 5:06am
With younger Australians increasingly locked out of the property market, many parents are feeling pressure to step in.
Virgin Australia is on the cusp of pocketing the balance of $93 million in travel credits issued during the COVID pandemic that remain unused by its customers, in a move that triggered fury for Qantas three years ago.
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Sony Semiconductor's new image sensor uses a particular arrangement of color filters to improve performance. (Sony Semiconductor Solutions)
The fast-paced gameplay of the Sonic the Hedgehog games captured the imagination of legions of fans. © Sega
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Prices of existing condos in central Tokyo edged down in May. (Photo by Shun Kato)
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President Sheikh Mohamed has received a delegation from the Abu Dhabi Investment Authority to mark the organisation's 50th anniversary.
Options trader Joseph D’Arrigo works on the floor of the New York Stock Exchange, Tuesday, June 16, 2026. (AP Photo/Richard Drew)
Meta Platforms CEO Mark Zuckerberg has directed staff to create a prediction market platform, according to a New York Times report on Tuesday.
Traders work after a Federal Open Market Committee (FOMC) meeting on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday 17 June
The Pentagon is seeking an additional $80 Billion from Congress to cover the cost of the Iran war, as US President Donald Trump's ratings fall and Americans face steeper economic pressure, the Associated Press reported on Tuesday.
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The search for a new president of the Federal Reserve Bank of Atlanta — now entering its seventh month — is being watched carefully for how new Fed Chairman Kevin Warsh intends to reshape the interest rate-setting Federal Open Market Committee.
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Imabari Shipbuilding's acquisition of Japan Marine United last year was approved even though it gave the company a market share of over 50%. (Photo obtained by Nikkei)
People walk past graffiti in the colors of the Cuban flag in Havana, Cuba, Wednesday, June 17, 2026. (AP Photo/Jorge Luis Banos)
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WAITING days to hear back from customer service has become a frustrating reality for many Filipinos. Too often, customers are met with robotic chatbot replies, confusing answers, and endless loops with no real human support. Skyro believes digital customer care could be better. So the Securities and Exchange Commiss…
A Russian missile attack on the central Ukrainian city of Kryvyi Rih has killed at least three people, as Moscow struggles with the economic strain of the four-and-a-half-year Russia-Ukraine war.
THE government plans to ramp up domestic borrowings in the third quarter (Q3), with the Bureau of the Treasury on Tuesday saying that it was looking to raise P1.12 trillion from T-bill and T-bond offerings.
THE Philippine financial system’s resources slipped in April, Bangko Sentral ng Pilipinas (BSP) data showed, ending the month 0.4 percent lower at P37.31 trillion from P37.45 trillion in March.
THE Philippine economy could remain under pressure as governance issues involving infrastructure projects continue to hamper public spending, ANZ Research said.
THE government is rolling out a centralized digital trade platform that will integrate 72 agencies to simplify import and export procedures and reduce processing delays.
SWEDISH companies in the Philippines remain cautiously optimistic, but sentiment has softened this year, weighed down by governance concerns, corruption fears, and rising costs linked to the Middle East conflict, according to the Business Climate Survey (BCS) 2026.
MANILA Electric Co. (Meralco) on Tuesday said that it had signed a memorandum of understanding (MOU) with unit Meralco PowerGen Corp. (MGEN) and Vietnam-based VinEnergo Energy Joint Stock Co. to roll out more renewable energy projects in the Philippines.
MEGAWIDE Construction Corp. will be paying out a cash dividend of P0.145 per share following stronger earnings in 2025 and early 2026.
DMCI Homes Inc., the real estate arm of listed DMCI Holdings Inc., plans open its first large-scale beach park resort in Batangas next year through wholly owned subsidiary DMCI Project Developers Inc.
CORRUPTION is often defended as a kind of “grease” that keeps commerce moving, a shortcut that supposedly helps firms navigate slow bureaucracies and underpaid public offices. For some businesses and the crooks who profit from it, it can even be lucrative.
In a day of sharp, downward pointing market moves and superlatives, we can add another: according to calculations from BTIG's Jonathan Krinsky, today's 2% gap down in the QQQs is a historic event. "Since QQQ's inception ('99), this is just the 5th time that's happened when the day prior was within 2% of a 52wk high …
SINGAPORE — Singapore’s DBS Bank has priced a $2 billion three-year US dollar covered bond at par on Monday, a term sheet seen by Reuters late Monday showed.
Toyota will reduce production of the Avalon sedan for the Chinese market. (Photo by Shizuka Tanabe)
TOKYO — Kadokawa, the Japanese conglomerate behind the dark epic “Elden Ring” video game franchise, is now facing a nightmare of its own: an activist shareholder who wants its CEO gone, wielding a big stake and proxy advisor support.
BERLIN — Porsche faces fundamental challenges in crucial markets and a long road back to recovery, but the German sports carmaker is sticking by this year’s financial targets, its CEO will tell investors on Tuesday.
ELON Musk’s SpaceX turned to the bond market for the first time, capitalizing on a post-IPO momentum that has vaulted its cash reserves past $100 billion as the rockets-to-AI group ramps up spending.
BARY, an Israeli AI company founded in Tel Aviv, was sold to the French media and technology group Netgem, as part of another Israeli exit in the artificial intelligence sector. Netgem, which is traded on the Euronext exchange, said it is acquiring the French-Israeli startup BARY, which developed TheSubtil.ai, an AI…
THE Philippines is on course to be a First World country, First World economy by 2050. As economic growth decentralizes and spreads beyond the capital, we will need at least 100 new cities for over a hundred million Filipinos, who will all be living in urban areas.
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