Oil spikes after Trump rejects Iran peace proposal

GMA Network - Sep 28, 2026

Wall Street's main indexes fell after Trump rejected an Iranian proposal to end the war, leading to a spike in crude prices that revived inflation worries and drove Treasury yields higher.

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DOJ, NBI, BOC sign MOA to combat economic sabotage in agriculture sector

Sep 28, 2026

DOJ, NBI, BOC sign MOA to combat economic sabotage in agriculture sector

The Department of Justice (DOJ), National Bureau of Investigation (NBI), and the Bureau of Customs (BOC) on Monday signed a memorandum of agreement (MOA) against economic sabotage.

‘Accomplices’ in espionage: Beijing’s stance on cryptocurrencies hardens

Sep 28, 2026

‘Accomplices’ in espionage: Beijing’s stance on cryptocurrencies hardens

China’s top intelligence and security agency on Monday issued a stark new warning on the risks of cryptocurrencies, highlighting their role in crime and stressing that transactions are not anonymous. Here are three things to know about the fresh warning from the Ministry of State Security (MSS) and China’s latest stance on virtual assets. What did the ministry say about cryptocurrencies? Virtual currencies facilitated money laundering activities and cyberattacks, and served as “accomplices” in...

Globe posts strongest 2026 network performance in August

Sep 28, 2026

Globe posts strongest 2026 network performance in August

Telecommunications firm Globe has posted its strongest network performance so far this year in August, recording its highest overall score and fastest average download speed in the latest Telco Report Card of the Department of Information and Communications Technology (DICT).

PH automotive sales down in August, but EV share rises

Sep 28, 2026

PH automotive sales down in August, but EV share rises

Overall vehicle sales declined in August due to adverse weather conditions, but the share of electric vehicles increased, a joint report by the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and Truck Manufacturers Association (TMA) showed.

China’s Nio and Geely deepen commitment to EV battery swapping tech in stake sale

Sep 28, 2026

China’s Nio and Geely deepen commitment to EV battery swapping tech in stake sale

Chinese electric vehicle (EV) maker Nio has deepened its partnership with Zhejiang Geely Holding Group after agreeing to sell a stake in its battery swap subsidiary to the automotive conglomerate in a deal that values the unit at 16 billion yuan (US$2.4 billion). Geely Holding, controlled by Chinese billionaire Li Shufu, would pay 640 million yuan in cash and contribute its wholly owned battery-swapping unit Yiyi Internet Technology in exchange for a 30 per cent share in Nio Power, Nio said in a...

Mainland Chinese stocks hit 13-month low on tech sell-off as Hong Kong market holds up

Sep 28, 2026

Mainland Chinese stocks hit 13-month low on tech sell-off as Hong Kong market holds up

Mainland Chinese stocks fell to their lowest level in 13 months on Monday as the sell-off in technology shares intensified amid concerns that elevated global capital costs and surging oil prices would curb risk appetite. Markets opened the week on a sombre note, with the CSI 300 Index dropping 2.2 per cent to close at a level not seen since August 21 last year. The chip-heavy Star Market 50 index tumbled 4.1 per cent, capping its steepest single-day decline in five weeks and closing in on the...

Mynt IPO attracts OFWs' investment interest

Sep 28, 2026

Mynt IPO attracts OFWs' investment interest

Overseas Filipinos have shown interest in the upcoming initial public offering of Mynt, the parent company of GCash.

LIST: Pump price rollbacks set Tuesday, Sept. 29, 2026

Sep 28, 2026

LIST: Pump price rollbacks set Tuesday, Sept. 29, 2026

Motorists will get a reprieve this week, as fuel retailers on Monday announced pump price rollbacks after three straight weeks of major hikes.

Xiaomi-backed robotics chip designer clears hearing, eyes US$100m Hong Kong IPO: sources

Sep 28, 2026

Xiaomi-backed robotics chip designer clears hearing, eyes US$100m Hong Kong IPO: sources

Zhuhai Amicro Technology, a Xiaomi-backed chipmaker, is preparing to begin premarketing for a Hong Kong initial public offering (IPO) of more than US$100 million as early as this week, according to people familiar with the matter. The company passed its listing hearing with bourse operator Hong Kong Exchanges and Clearing (HKEX) last week, clearing the final regulatory hurdle for a share sale in the city, the people said, requesting anonymity because the information is private. According to...

Asia’s safe harbour for wealth

Sep 28, 2026

Asia’s safe harbour for wealth

[The content of this article has been produced by our advertising partner.] Global markets have rarely lacked opportunity, but the conditions affecting them have become far more difficult to read. Geopolitical tensions and rapid technological change can reshape both investment and business outlooks. For high-net-worth (HNW) individuals, returns obviously remain important, but they are increasingly considered alongside institutional strength, regulatory stability and the ability to keep long-term...

BIR issues circular renewing suspension of excise tax on LPG, kerosene

Sep 28, 2026

BIR issues circular renewing suspension of excise tax on LPG, kerosene

The Bureau of Internal Revenue (BIR) has issued a circular implementing the renewed excise tax break on liquefied petroleum gas (LPG) and kerosene, less than three months after it was lifted, as crude oil prices breached the threshold for tax relief again amid the conflict in the Middle East.

Climate Transition Pathways and Credit Risks for Firms in ASEAN+3

Sep 28, 2026

Climate Transition Pathways and Credit Risks for Firms in ASEAN+3

This note examines how different climate transition pathways affect firm-level credit risk across ASEAN+3 economies, using 12-month probabilities of default as a measure of credit risk. It compares outcomes under Nationally Determined Contributions and net-zero 2050 scenarios against current policy baselines, revealing sector-specific and country-specific variations. The findings show that transition risk is highly heterogeneous, […]

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