Economy

Asian Tech and Equity Markets Suffer Massive Losses from AI Rout
Nov 6, 2026

Asian Tech and Equity Markets Suffer Massive Losses from AI Rout

Because Asian tech economies host the core manufacturing backbone for global AI hardware, the region has borne the brunt of the global sell-off:...

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Federal Reserve’s Hammack, Barkin favour gradual rate-hike path to lower inflation
Nov 6, 2026

Federal Reserve’s Hammack, Barkin favour gradual rate-hike path to lower inflation

Financial markets expect another rate hike in December...

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Fuel price rollbacks seen after Democratic sweep of US midterms
Nov 6, 2026

Fuel price rollbacks seen after Democratic sweep of US midterms

Rollbacks are expected for gasoline, diesel and kerosene next week as the price of fuel continues to drop in the world market....

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Fuel price rollbacks seen after Democrat wave in US midterms
Nov 6, 2026

Fuel price rollbacks seen after Democrat wave in US midterms

Rollbacks are expected for gasoline, diesel and kerosene next week as the price of fuel continues to drop in the world market....

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Peso, stocks stage relief rally on US election results
Nov 6, 2026

Peso, stocks stage relief rally on US election results

MANILA, Philippines — The Philippine peso extended its rally on Thursday, strengthening to the 62-per-dollar level as a sweeping Democratic victory in the US midterm elections sent the greenback, oil ...

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Maharlika plans up to P4B in fresh investments
Nov 6, 2026

Maharlika plans up to P4B in fresh investments

MANILA, Philippines — Maharlika Investment Corp. (MIC), the manager of the Philippines’ sovereign wealth fund, plans to invest as much as P4 billion in the coming months as it expands its portfolio ac...

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DOT seeks China visa-free extension 
Nov 6, 2026

DOT seeks China visa-free extension 

MANILA, Philippines — Visitor arrivals from China jumped nearly 70 percent this year, a rebound the Department of Tourism (DOT) largely attributes to the 14-day visa-free entry arrangement for Chinese...

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New corridor eyed for ‘super intelligence’ projects
Nov 6, 2026

New corridor eyed for ‘super intelligence’ projects

MANILA, Philippines — The Philippines plans to introduce a technology corridor to attract investments across the “super intelligence” value chain, from the minerals that power these advanced technolog...

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Ayala Land earnings slid 18% to P17.5B in January to September
Nov 6, 2026

Ayala Land earnings slid 18% to P17.5B in January to September

MANILA, Philippines — Ayala Land Inc. (ALI) suffered from weaker property development, with its net income in the first nine months slipping by 18 percent to P17.5 billion from a year ago’s P21.4 bill...

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Metrobank 9-month bottom line eases to P36 billion
Nov 6, 2026

Metrobank 9-month bottom line eases to P36 billion

MANILA, Philippines — Metropolitan Bank & Trust Co. (Metrobank) saw its earnings dip in the first nine months of 2026, weighed down by weaker trading gains, higher provisions and operating costs. The ...

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