Moody’s completes PhilRatings acquisition

Philstar - Oct 6, 2026

Moody’s Corp. has completed its acquisition of a 19.99-percent stake in Philippine Rating Services Corp., expanding its regional presence as it sees corporate expansion and infrastructure needs supporting Philippine bond issuance.

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Recent Middle East conflict and oil price volatility have highlighted Thailand’s dependence on imported fossil fuels, prompting calls to accelerate its clean energy transition. A seminar involving energy experts, policymakers, and industry representatives concluded that reducing fossil fuel dependence is now an economic and security necessity, not just an environmental goal, with ASEAN neighbors facing […]

Jobless Pinoys declined by 375,000 to 2.77M in August 2026

Oct 7, 2026

Jobless Pinoys declined by 375,000 to 2.77M in August 2026

The number of jobless Filipinos decreased by over 375,000 in August 2026, data released by the Philippine Statistics Authority (PSA) on Wednesday showed.

Hong Kong’s MPF has gained nearly HK$100b this year despite September loss: report

Oct 7, 2026

Hong Kong’s MPF has gained nearly HK$100b this year despite September loss: report

Hong Kong’s Mandatory Provident Fund (MPF) recorded a loss in September but still made overall gains of nearly HK$100 billion (US$12.8 billion) over the first nine months of the year, according to data from MPF Ratings released on Wednesday. The 382 investment funds under the MPF schemes delivered a 6.2 per cent average return in the first nine months, despite losing 1.47 per cent in September, the consultancy found. In monetary terms, they earned HK$96.9 billion over the first three quarters...

Phuket named top wellness destination by Canadian travellers

Oct 7, 2026

Phuket named top wellness destination by Canadian travellers

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IMF warns cost-of-living shocks cause 'lasting deterioration' in affordability

Oct 6, 2026

IMF warns cost-of-living shocks cause 'lasting deterioration' in affordability

WASHINGTON, United States - The International Monetary Fund warned Tuesday that price increases for necessities like food and energy, fueled by the wars in Iran and Ukraine, were more persistent than previously expected.

Hong Kong land sale stuns market as HK$4.3b bid hits 5-year Kowloon high

Oct 6, 2026

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AMLC exec: Firm linked to VP Sara's husband had P1.2 billion in covered, suspicious transactions

Oct 6, 2026

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Anti-Money Laundering Council (AMLC) Executive Director Ronel Buenaventura on Tuesday said that Cale88 Foods Corporation, a company linked to Mans Carpio, husband of Vice President Sara Duterte, had aggregate transactions amounting to P1.25 billion from 2022 to 2025.

As China’s AI race accelerates, ‘model fatigue’ becomes the next challenge

Oct 6, 2026

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Mynt clarifies P10 per share was never the planned IPO price

Oct 6, 2026

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GCash parent Mynt Inc. on Tuesday clarified that the earlier reported P10 per share price for its initial public offering (IPO) was just for regulatory purposes only.

Very strong El Niño not enough reason to hike commodity prices -- DA

Oct 6, 2026

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The Department of Agriculture (DA) said Tuesday that the threat of a very strong El Niño, which may persist until the first half of 2027, is not enough reason to raise commodity prices as the country supposedly has sufficient food supplies.

PH financial markets weaken as September inflation hits 7.2%

Oct 6, 2026

PH financial markets weaken as September inflation hits 7.2%

Philippine financial markets closed weaker on Tuesday as market players digested government data showing inflation accelerating to 7.2% in September, matching the fastest pace in more than three years and above market expectations.

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