Legislation forcing TikTok’s parent company to sell the video-sharing platform or face a ban in the U.S. has received President Joe Biden’s official signoff
The U.S. economy is thought to have extended its surprisingly healthy streak at the start of this year, with consumers still spending freely despite the pressure of high interest rates
President Joe Biden’s signing of legislation that could ban TikTok in the U.S. runs counter to his campaign’s embrace of the platform and outreach to influencers
Among the company's investments to "transform" its specialty pharmacy services is the opening of a new facility dedicated to cell and gene therapy services.
The oil-rich kingdom is plowing money into glitzy events, computing power and artificial intelligence research, putting it in the middle of an escalating U.S.-China struggle for technological influence.
Apple is still No 1 in China’s premium segment, which consists of handsets priced over US$600, but it is losing market share to Honor and Huawei, according to IDC.
The Golden Horizon Fund, which will target companies across the Gulf Cooperation Council countries and China, marks the first time that CIC has invested in the Middle East.
Hong Kong stocks rise on optimism that the appetite for Chinese assets is returning as Beijing pledges support to markets and signs of an earnings recovery emerges.
MANILA, Philippines — A strong growth in revenues that outpaced modest spending trimmed the Marcos administration’s budget deficit in March, boding well for the government’s fiscal plans. The Bureau of the Treasury (BTr) reported on...
Once the most powerful figure in the crypto industry, Zhao stepped down as Binance’s chief last November, when he and the exchange admitted to evading anti-money-laundering requirements.
MANILA — The Philippines should continue to explore multilateral options to secure the cooperation of foreign online platforms in its bid to tax digital transactions, state think tank Philippine Institute for Development Studies (PIDS)...
Finance Secretary Ralph Recto has now completed the team that will help him manage the government’s fiscal affairs. Malacañang has finally announced the new members of the Department of Finance top brass. Atty. Charlito Martin R. Mendoza...
MANILA, Philippines — OceanaGold Philippines Inc., the first company to brave the stock market this year, slashed its initial public offering (IPO) price by 23 percent amid inflation and global uncertainties, finalizing the equity deal...
MANILA, Philippines — The Government Service Insurance System (GSIS) grew its first-quarter profit by 21 percent year-on-year on the back of higher earnings from investments in key sectors. In a statement on Wednesday, the pension fund...
MANILA, Philippines — Sy family-led SM Investments Corp. (SMIC) will boost its capital spending this year by up to 44 percent as the country’s largest conglomerate intensifies its expansion plans in the provinces, mainly through property...
MANILA, Philippines — ACEN Corp., the listed power platform of the Ayala Group, will set aside P72 billion in capital expenditures (capex) this year for the development and expansion of renewable energy projects here in the Philippines...
MANILA, Philippines — Engineering firm Atlantic, Gulf & Pacific Co. (AG&P) on Wednesday said its Philippine subsidiary signed up to work with Visayas Neceboley Interlink Holdings Corp. (VNIHC) on a $15-billion government...
MANILA, Philippines — Higher earnings of US companies as well as better local growth projections boosted sentiment in the local bourse on Wednesday, with the benchmark index extending its winning streak. The Philippine Stock Exchange...
(First of two parts) Reputed for its efficiency and productivity, Singapore is now at the forefront in Asia of caring for employee well-being. From Dec. 1, 2024, all employers are mandated to consider employee formal requests for...
Taisei Corp., a Japan-based general contractor, is investing in one of the subsidiaries of the Yuchengco Group’s PetroEnergy Resources Corp. (PERC). Taisei signed investment framework and shareholders agreements with PERC unit PetroGreen...
The Connecticut Senate has passed one of the first major legislative proposals in the U.S. to rein in bias in artificial intelligence decision-making and protect people from harm
The former Instagram influencer known as “Jay Mazini” has been sentenced to seven years in prison after admitting he stole millions of dollars in various investment scams