Yen stalls as Mrs. Watanabe stays put in uncertain market
The yen has held steady around 159 to the dollar. (Photo by Akira Kodaka)
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The yen has held steady around 159 to the dollar. (Photo by Akira Kodaka)
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NICOSIA ― Cyprus’ finance minister has criticized the breakout group of six European Union countries formed to create policy to rival Wall Street, arguing it could send the wrong message about the bloc's unity.
Pope Leo XIV says artificial intelligence must be “disarmed” as world leaders and private companies increase the technology’s use in many human activities, including war.
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Nabtesco's fully electric power steering system for heavy commercial vehicles. (Photo by Yuta Adachi)
Pope Leo warned over the weekend about a "social calamity" that could come from mass unemployment due to the adoption of artificial intelligence technologies. Prediction market traders appear to think that worry isn't misplaced.
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PILOT implementation of a new taxpayer portal has started as part of Bureau of Internal Revenue (BIR) efforts to modernize tax administration, improve services and reduce in-person transactions.
THE peso and stock market both retreated on Tuesday, with sentiment said to have been affected by renewed US strikes against Iran.
By Farhad Ibragimov – lecturer at the Faculty of Economics at RUDN University, expert and lecturer at the Department of Political Science, Faculty of Social Sciences and Mass Communications, Financial University under the Government of the Russian Federation
By Farhad Ibragimov – lecturer at the Faculty of Economics at RUDN University, expert and lecturer at the Department of Political Science, Faculty of Social Sciences and Mass Communications, Financial University under the Government of the Russian Federation
Mercosur is among the few major global markets with which Japan has yet to negotiate a free trade deal. © Reuters
Britain imposed a new round of sanctions on Russian cryptocurrency platforms and financial infrastructure that it says are helping Moscow circumvent Western restrictions and fund its war effort in Ukraine, targeting a Kremlin-linked crypto network and several widely used digital payment services.
TAIPEI — Taiwan’s drone exports are taking off, fueled by the war in Ukraine, as Taiwanese companies seek a stake in the fast-growing global market for unmanned aerial vehicles (UAVs).
WHILE financial literacy in the Philippines is improving, a significant gap in financial resilience remains. According to the 2025 Consumer Finance and Inclusion Survey released by the Bangko Sentral ng Pilipinas (BSP), about 74 percent of Filipino adults can correctly answer basic financial literacy questions. Howe…
THE public outrage over tree-cutting in Metro Manila has awakened a spirit of civic environmentalism among many urbanites. Between the government that regulates and issues permits, and the private contractors tasked to deliver infrastructure projects on time, lies a difficult balancing act of making way for developm…
Mutya Orquia is set to star in new episodes of “Estudyantipid,” the educational series designed to help Filipino students better understand saving, budgeting, smart spending and fraud prevention.
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Burkina Faso has suspended the export of all livestock until further notice in a bid to boost meat sales and ensure animals are available on the domestic market. The measure has been widely welcomed but for traders, it's a bitter pill to swallow.
NANO Nuclear announced the acquisition of Secured Transportation Services, instantly converting itself from a pre-revenue developer into a revenue-generating business with in-house secure transport capabilities for nuclear materials.
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The predictions market attracted attention on social media in Indonesia after a bet opened on when Prabowo would be ‘out as president’
The predictions market attracted attention on social media in Indonesia after a bet opened on when Prabowo would be ‘out as president’
A coal-fired plant operates in the Chinese city of Shenyang. Thermal plants account for more than 60% of China's power generating mix. © Reuters
Micron topped a $1 trillion market value for the first time on Tuesday as shares popped 18%, driven by insatiable artificial intelligence demand for its memory chips.
A financial markets executive warned that the prolonged Middle East war may continue to weigh on the Philippine economy, citing risks of slower growth, higher inflation, and a weaker peso due to volatile global oil prices. At a briefing on Tuesday, May 26, 2026, Frederico Ocampo of BDO Unibank said extended geopolit…
Ferrari presented its first fully electric car on Monday, marking a high-stakes shift by the luxury sports car maker as competitors, including Porsche and Lamborghini, scale back their EV ambitions, citing weak demand.
A shopper peruses cheese offerings at a Target store Wednesday, Oct. 4, 2023, in Sheridan, Colo. (AP Photo/David Zalubowski, File)
With war (and rising gas prices) now fully embedded in respondents' minds (along with record high stock prices), it is perhaps not entirely surprising that The Conference Board's Consumer Confidence dipped in May (but was better than expected).
The European Central Bank "will do what is necessary" to keep inflation on target, one of its top policymakers has told CNBC.
Ratings agency highlights Zijin’s project pipeline and cost discipline as the miner accelerates global expansion in copper and gold
Ratings agency highlights Zijin’s project pipeline and cost discipline as the miner accelerates global expansion in copper and gold
Israel Ministry of Tourism Director General Michael Izhakov traveled to the United States this week, leading a professional ministry delegation for a series of meetings and events in New York, Los Angeles, and Miami. The trip aims to strengthen Israel’s position in the U.S. tourism market and support the continued r…
Drew Houston founded Dropbox nearly two decades ago out at age 24, eventually becoming a household name in Silicon Valley and the first tech entrepreneur to take a company from the Y Combinator incubator program all the way to the public market.
Rubio’s visit to India marks an effort by Washington and New Delhi to steady strained relations as the two countries seek to reinforce strategic and economic ties despite recent trade tensions. The Iran war has added to India’s energy concerns, raising worries about shipments through the Strait of Hormuz, a vital ro…
After declining MoM for the first time since June 2025 in February, US home prices in America's 20 largest cities were expected to dip again in March (according to the latest data from S&P Cotality Case-Shiller) and they did, dropping 0.16% MoM (worse than the 0.10% MoM drop expected) leaving prices up just 0.83% Yo…