DMCI net profit eases to P4.9B in 1st quarter
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· Nazylen Joy Mabanglo
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Newest first · UTC+11:00AI is our servant, not our master
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· Deepayan Mohanty
PSALM: 3 firms to bid for Ilocos hydro plant
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· Ed Paolo Salting
Foreign reserves hit 15-month low in April
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· Giselle P. Jordan
PH, Vietnam reach deal for 1.5 million MT of rice
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· Giselle P. Jordan
PH, Indonesia sign nickel production partnership
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· Giselle P. Jordan
PEZA: Jan-April investment approvals up 72% to P109B
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· Chynna Grace Ong
Disasters keep doubling
FIRST, we got hit by a double whammy of Covid-19 and Pharmally. Second, we reel from the spillover ravages of the Iran war after waking up to find flood control grafters had robbed us of our taxes. Both pairs of calamities sank the economy to new lows that left everyone worse off, especially the poor. All disasters,…
· Ingming Aberia
Diesel prices down, gasoline up next week
DIESEL prices will go down, while gasoline prices could rise next week, mostly due to the global market reacting to a possible ceasefire between the US and Iran, local oil industry sources said on Friday.
· Ed Paolo Salting, Javier Joe Ismael
Palace hits back at VP Sara over 'attention seeker' remarks
MANILA, Philippines — Malacañang on Friday hit back at Vice President Sara Duterte after she criticized the President Ferdinand Marcos Jr.'s handling of unemployment and the economy.
· Catherine S. Valente
China solar panel maker Jinko to sell majority stake in US unit for $191m
Chinese solar and battery companies poured billions of dollars into setting up American factories to claim Biden-era tax credits. © Reuters
· PAK YIU
Beloved Hollywood restaurant 25 Degrees serves up searing take on city government in decision to close
A beloved burger joint inside Hollywood’s famed Roosevelt Hotel went off on the city in announcing its decision to close after more than two decades.
· Ross O'Keefe
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.
Hong Kong secures US$3.5 billion to fund Northern Metropolis and green projects
Global investors pile into city’s latest bond sale, with orders 8.6 times oversubscribed, backing its green finance ambitions
· Julie Zhang
Hong Kong secures US$3.5 billion to fund Northern Metropolis and green projects
Global investors pile into city’s latest bond sale, with orders 8.6 times oversubscribed, backing its green finance ambitions
· Julie Zhang
Polymarket promo code NYPMAX: Deposit $20, get $20 for Knicks vs. 76ers on Friday
The Knicks and 76ers continue their best-of-7 series on Friday, and Polymarket has an exclusive sign-up offer for readers of The Post when they create an account on the fast-growing prediction market using the Polymarket promo code NYPMAX.
· Michael Leboff
Inside Inspiraction, the Jerusalem incubator helping young Israelis turn ideas into start-ups
Redding, California, native and Hebrew University master’s student Elyssa King is 24, and she has a big idea. Actually, her idea is more than an idea– it’s a way to harness everyone’s big ideas with a business called Seed. She went to Inspiraction’s Builders event in March to take her idea to the next level.
· JUDITH SEGALOFF
No promised US manufacturing boom as Trump tariffs ruled illegal
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· Jake Johnson
US adds 115,000 jobs in April, but experts warn of hidden weakness in economy
The gains mainly came in the healthcare, transport and warehousing and retail trade sectors
· Agence France-Presse
US adds 115,000 jobs in April, but experts warn of hidden weakness in economy
The gains mainly came in the healthcare, transport and warehousing and retail trade sectors
· Agence France-Presse
American Consumers Have Never Been Less Confident Despite Inflation Fears Easing; UMich
With the "mini war" still ongoing (albeit with a 'ceasefire' in place), expectations were for a continued slide (already at record lows) in the American consumer's sentiment in preliminary UMich data for May released today.
· Tyler Durden
Andrew Giuliani defends $1,000-plus World Cup ticket prices after Trump says ‘I wouldn’t pay it’
Andrew Giuliani defended soaring World Cup ticket prices as proof of surging demand for the tournament after President Trump told The Post that he wouldn’t shell out more than $1,000 to watch Team USA’s opening match next month.
· Ariel Zilber
Chinese EV maker Leapmotor taps Stellantis’ Spanish plant for EU production
Hangzhou carmaker’s overseas strategy highlights how Chinese brands are leveraging idle plants to scale globally while easing trade barriers
· Daniel Ren
Chinese EV maker Leapmotor taps Stellantis’ Spanish plant for EU production
Hangzhou carmaker’s overseas strategy highlights how Chinese brands are leveraging idle plants to scale globally while easing trade barriers
· Daniel Ren
China’s shipping firms brace for a new ‘era of chaos’ as Iran war drags on
Chinese shipping giants are signing long contracts and rejigging their networks, as they hedge against prolonged disruptions to global trade routes
· Carol Yang
China’s shipping firms brace for a new ‘era of chaos’ as Iran war drags on
Chinese shipping giants are signing long contracts and rejigging their networks, as they hedge against prolonged disruptions to global trade routes
· Carol Yang
US Jobs Jump 115K, Smashing Estimates; Unemployment Rate Unchanged At 4.3%
In his preview of today's NFP report, Goldman's Delta One head wrote that "NFP almost feels like a sideshow at this point. You can argue weak labor data gives a Warsh led Fed enough cover to cut, but with oil and input inflation still elevated there’s also an argument that a weakening labor market alongside a constr…
· Tyler Durden
DeepSeek to soon close first external fundraising in US$50b valuation: sources
Backers include AI-focused affiliates under third phase of China Integrated Circuit Industry Investment Fund, sources say
· Ben Jiang
DeepSeek to soon close first external fundraising in US$50b valuation: sources
Backers include AI-focused affiliates under third phase of China Integrated Circuit Industry Investment Fund, sources say
· Ben Jiang
Loan deferrals and relief for more than 65,000 UAE bank customers affected by Iran war | The National
More than 65,000 business and individual customers across the UAE have availed loan deferrals, interest relief and fee waivers worth Dh6.2 billion ($1.69 billion) to offset the economic impact of the Iran war.
· Sarmad Khan
War gains, long-term pain: Wall Street's core business at risk due to Iran war
Wall Street may be profiting from the US and Israeli war on Iran, but short-term gains due to rising oil prices and market volatility are causing a slowdown in dealmaking – threatening its core business, market analysts have told Middle East Eye.
· Middleeasteye
ABS-CBN urges public not to involve firm in Lopez family dispute
ABS-CBN on Thursday appealed to the public not to drag the company into an ongoing dispute involving members of the Lopez family, following reports of an alleged complaint filed before the Securities and Exchange Commission (SEC) by lawyers of board director Federico “Piki” Lopez.
· Nazylen Joy Mabanglo
Migration, crypto and red tape to feature in budget bid for economic growth
Topic:Federal Government
· Tom Crowley
Cardinals are favorites to win the tank-off for Arch Manning in 2027
The Arizona Cardinals had a pretty miserable season in 2025, but things are looking up, right? Not according to the sports betting market.
· Malik Smith
US employers add 115K jobs in April — another surprisingly strong report despite Iran war
Hiring was surprisingly strong in April for the second month in a row, signaling the labor market may be withstanding pressures from higher energy costs amid the Iran war for now.
· Taylor Herzlich
Saudi Arabia calls for de-escalation after US and Iran trade fire in Strait of Hormuz | The National
Live updates: Follow the latest news on Iran war
· The National
‘Very well organized’ business – expert on Iran war oil bets (VIDEO)
A reported $125 million pocketed by an oil trader from a perfectly timed Iran-linked bet is “only the tip of the iceberg” in what appears to be a pattern of insider trading tied to key developments during the Iran war, Professor Jack Rasmus has told RT.
· RT
READ MORE: ‘Very well organized’ business – expert on Iran war oil bets (VIDEO)
A reported $125 million pocketed by an oil trader from a perfectly timed Iran-linked bet is “only the tip of the iceberg” in what appears to be a pattern of insider trading tied to key developments during the Iran war, Professor Jack Rasmus has told RT.
· RT
Porsche AG to cut over 500 jobs as it sharpens focus on core business
Porsche AG said on Friday that it planned to cut more than 500 jobs as it discontinues three subsidiaries to focus on core business.
· Yonhap
English rugby teams the latest targets for investment by U.S. big business
Bill Foley, owner of the Vegas Golden Knights, poses on the red carpet before the NHL Awards, Wednesday, June 20, 2018, in Las Vegas. (AP Photo/John Locher, file)
· Steve Douglas
Futures Rebound, Trade At All Time Highs On, What Else: Tech And Iran Optimism
US equity futures are higher and just shy of a new record, with technology names leading futures higher ahead of April jobs report, after Trump’s assertion that the Iran ceasefire is still holding despite an exchange of weapons between the US and Iran overnight, and a deep weekly loss for oil help futures regain pos…
· Tyler Durden
EU-Japan joining hands to break China’s supply chain grip
Keep independent journalism alive
· Bob Savic
Why the UK is unlikely to shut Hong Kong’s London trade office despite spying verdict
Analysts say British authorities will prioritise stable ties with Beijing under current geopolitical uncertainties
· Connor Mycroft
Why the UK is unlikely to shut Hong Kong’s London trade office despite spying verdict
Analysts say British authorities will prioritise stable ties with Beijing under current geopolitical uncertainties
· Connor Mycroft
Wall Street giants lead China-profit surge despite market polarisation, uneven recovery
Major investment banks expand market share in China, with Goldman reclaiming the revenue lead while Shengang keeps its asset crown
· Karen Tian
Wall Street giants lead China-profit surge despite market polarisation, uneven recovery
Major investment banks expand market share in China, with Goldman reclaiming the revenue lead while Shengang keeps its asset crown
· Karen Tian
UAE's ruling al-Nayhan family receives tens of millions in EU farming subsidies
The United Arab Emirates’ ruling al-Nahyan family is benefiting from tens of millions in European Union subsidies to grow crops destined for the Gulf, according to a new investigation by DeSmog.
· Middleeasteye
Megadrought: We Just Experienced The Driest First Three Months Of A Year In US History
Authored by Michael Snyder via The Economic Collapse blog,
· Tyler Durden
Chinese embassy in Britain slams conviction of 2 men linked to Hong Kong trade office | South China Morning Post
Hong Kong government claims case ‘absolutely unrelated’ to the administration, while Chinese embassy in UK condemns ‘political move’.