Singapore wants to revive its stock market. Could major Asian markets have the answers?
June 13, 2024
Could Singapore take lessons from Japan and South Korea's value up programs to make its exchange more attractive? Analysts weigh in.
LIVE updates: Kanlaon Volcano restiveness
June 13, 2024
The Philippine Institute of Volcanology and Seismology raised on June 3 the status of Kanlaon Volcano on Negros Island to Alert Level 2 due to "increasing unrest."
Are POGOs China’s ‘Trojan horse’? NICA investigates
June 13, 2024
National Intelligence Coordinating Agency director Ricardo de Leon said that his agency is also validating all information, including the angle that Philippine offshore gaming operators may have been China’s “Trojan horse” – referring to Greek mytholog...
These are the stocks to play the next ‘bottleneck’ in AI, according to the pros
June 13, 2024
There's been a lot of talk about AI's infrastructure buildout. Tech analysts say there's another area to invest in beyond data centers and cloud computing power.
Risky bet in this global hydrogen fuel cell maker could net investors 160%, says RBC
June 13, 2024
RBC analyst's price target is the most conservative, as the average of four analysts points to a 282% upside.
Here’s what’s next for Paramount after Skydance deal is stopped in its tracks
June 13, 2024
Shari Redstone's National Amusements stopped deal talks between Paramount Global and Skydance. What's next for the media giant with three leaders at the helm?
Top Southwest shareholder signals support for Elliott Management’s activist campaign
June 13, 2024
Elliott is seeking to oust the airline's CEO, Bob Jordan, and executive chairman, Gary Kelly, which Artisan also signaled support for.
Broadcom beats earnings estimates, announces 10-for-1 stock split
June 13, 2024
Broadcom announced a 10-for-1 stock split and beat earnings estimates for the second fiscal quarter.
GameStop tanks with huge volume in the call options owned by ‘Roaring Kitty’
June 13, 2024
The sell-off in GameStop shares intensified in afternoon trading, coinciding with a spike in trading volume in the call options that "Roaring Kitty" owned.
Here’s what changed in the new Fed statement
June 13, 2024
This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting.
Oil prices rise as supply-demand balance expected to tighten in third quarter
June 13, 2024
The Department of Energy sees an oil supply deficit this year.
S&P 500 closes above 5,400 for the first time as Fed notes ‘modest’ inflation progress: Live updates
June 13, 2024
May's consumer price index reading came in lower than expected, boosting the equity market.
Bitcoin prices move higher after new data shows inflation slowed in May: CNBC Crypto World
June 13, 2024
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry....
Fed recap: Chair Powell explains why the central bank isn’t ready yet to cut rates
June 13, 2024
Central bank policymakers kept rates steady, as expected. They also noted that there has been “modest” progress on inflation.
Here’s the Fed’s new rate forecast that’s moving the markets
June 13, 2024
The Federal Reserve on Wednesday projected only one rate cut for the remainder of 2024, down from its March forecast that called for three reductions.
European Union announces higher tariffs of up to 38% on Chinese EVs
June 13, 2024
The European Union on Wednesday said it would slap higher tariffs on Chinese electric vehicle imports.
Unaware of Best Player coronation, focused Fajardo dominates for San Miguel in finals equalizer
June 13, 2024
June Mar Fajardo gets both the Best Player of the Conference award and the crucial Game 4 win as San Miguel ties the PBA Philippine Cup finals against Meralco
Keith Gill has some tough choices to make on his GameStop options with Wall Street ready to pounce
June 13, 2024
Roaring Kitty might be pondering on what to do with his massive options position against GameStop and he could have some tough choices to make.
DA bans poultry products from Michigan
June 13, 2024
Importation of poultry products from Michigan has been temporarily banned amid the outbreak of bird flu.
Marcos names new envoys
June 13, 2024
President Marcos has appointed new envoys, including the wife of Defense Secretary Gilbert Teodoro.?
Remulla to Teves: Come home and stand trial
June 13, 2024
Justice Secretary Jesus Crispin Remulla yesterday urged expelled Negros Oriental congressman Arnolfo Teves Jr. to quit dilly dallying and return home to face charges against him in Philippine courts.
Hungary agrees not to veto NATO’s deepening support for Ukraine in exchange for nonparticipation
June 12, 2024
Hungary agreed not to veto NATO military support for Ukraine in exchange for not participating in these efforts.
‘Just another game’: UP overcomes La Salle to rule preseason tourney
June 12, 2024
Even as UP completes a huge comeback over La Salle to reign in preseason basketball, the goal remains clear for the Fighting Maroons – reclaim the UAAP crown
Jerry West, inspiration for NBA logo, dies aged 86
June 12, 2024
(2nd UPDATE) NBA legend Jerry West, the inspiration for the league's silhouette logo, dies after a storied basketball career that spanned eight decades
Inflation slows in May, with consumer prices up 3.3% from a year ago
June 12, 2024
The consumer price index was expected to increase 0.1% on a month basis and 3.4% from a year ago.
Basketball legend Jerry West, inspiration for NBA logo, dead at 86
June 12, 2024
Jerry West, a Hall of Fame player, executive, and the inspiration for the silhouette NBA logo, died on Wednesday morning. He was 86.
PBA: San Miguel digs deep to equalize series vs. Meralco
June 12, 2024
San Miguel turned to its deep bench to bounce back and put the lights out against Meralco, 111-101, in Game 4 of their best-of-seven PBA Philippine Cup finals series on Wednesday.
Nadal, Alcaraz to play for Spain in Olympic doubles
June 12, 2024
Spain's Rafael Nadal and Carlos Alcaraz will team up to play doubles at this year's Olympic Games in Paris, the Royal Spanish Tennis Federation (RFET) said on Wednesday.
Mavericks need to reach ‘higher level’ to avoid 3-0 hole vs Celtics
June 12, 2024
Hoping to finally show some life in the series, the Mavericks know they can't rely solely on Luka Doncic against a Celtics side still aiming to be ‘the hungrier team’
UP completes comeback vs La Salle, retains Filoil Preseason title
June 12, 2024
University of the Philippines clawed back from a huge hole to upset De La Salle University, 69-66, and reign supreme in the 2024 Filoil EcoOil Preseason Cup on Wednesday.
Worldwide levels of forced displacement hit new high: UNHCR
June 12, 2024
This year and last have seen historically high levels of forced displacement worldwide according to the UN refugee agency’s (UNHCR) 2024 flagship Global Trends Report published on Thursday in Geneva.
Tunisian change maker invents a sustainable vehicle
June 12, 2024
Khadija Jallouli, a young Tunisian entrepreneur with a disability, has called for redoubling international efforts aimed at integrating people with disabilities and involving them in decisions related to finding solutions to the challenges they face.
Waiting would be ‘death sentence’ for millions on brink of starvation: Relief chief
June 12, 2024
Millions of people are teetering on the brink of starvation as conflict rages across many corners of the world. Nowhere is this more evident than in Sudan and Gaza, UN Emergency Relief Coordinator Martin Griffiths said on Wednesday.
Guterres highlights ‘unique level of destruction’ in Gaza ahead of G7 summit
June 12, 2024
UN Secretary-General António Guterres reiterated his solidarity with the people of Gaza and the global body’s deep commitment to the UN agency for Palestine refugees (UNRWA) on Wednesday, while also issuing a stark message to the world’s richest nation...
Life in DPR Korea still ‘daily struggle devoid of hope’ warns human rights chief
June 12, 2024
The international community must continue to pay close attention to the troubling human rights situation in the Democratic People’s Republic of Korea (DPRK) and find ways to revive dialogue with the Government, the UN Security Council heard on Wednesda...
Ukraine Recovery Conference: UN sounds alarm over humanitarian funding
June 12, 2024
The UN is becoming increasingly concerned over falling levels of humanitarian funding for civilians across war-torn Ukraine, the head of the UN Development Programme (UNDP) told delegates to the Ukraine Recovery Conference in Berlin on Wednesday.
Independent Commission reports war crimes by both sides in Gaza war
June 12, 2024
Palestinian armed groups and Israeli authorities have both committed war crimes and crimes against humanity during the attack on 7 October and the subsequent military operations, according to a new report by a UN independent human rights body.
PBA: June Mar Fajardo gets 10th Best Player of the Conference plum
June 12, 2024
June Mar Fajardo bagged his tenth PBA Best Player of the Conference plum on Wednesday as he was named the league's top player in the ongoing PBA Philippine Cup.