Corruption woes wipe out P1.7 trillion wealth in stock market – SEC

MANILA, Philippines — Philippine stock market investors lost P1.7 trillion in just three weeks because of corruption behind anomalous flood control projects, according to the Securities and Exchange Commission (SEC). Francis Lim, chair of the SEC, recently told financial executives the billion-peso flood control project scandal had already shaken public confidence, impacting the country’s overall

Beer Shortages Hit Japan’s Izakayas

Beer deliveries from Asahi Group Holdings have been disrupted following a ransomware cyberattack, causing shortages that have already begun to affect izakaya and other establishments across Japan. Some bars have reported their beer stock falling to “only one left” as supply chain delays ripple through the industry. (News On Japan)

PVL: Choco Mucho spoils Bella Belen debut, beats Capital1

RODRIGUEZ, Rizal — Choco Mucho spoiled Bella Belen’s much-awaited PVL debut after sweeping Choco Mucho, 33-31, 26-24, 25-23, to kick off its Reinforced Conference campaign on a high note on Tuesday night at Ynares Center Montalban. The Flying Titans flaunted their depth, as a revitalized Kat Tolentino, who missed the All-Filipino action and preseason due

Trump says the US has secured $17 trillion in new investments. The real number is likely much less

WASHINGTON (AP) — The economic boom promised by President Donald Trump centers on a single number: $17 trillion. That’s the sum of new investments that Trump claims to have generated with his tariffs, income tax cuts and aggressive salesmanship of CEOs, financiers, tech titans, prime ministers, presidents and other rulers. The $17 trillion is supposed to fund new factories,

US interest rates well-placed to fight inflation –Fed official

WASHINGTON, United States – US interest rates are in a good place for the Federal Reserve’s inflation fight, a senior central bank official said Monday, pushing back against President Donald Trump’s calls for cuts. “Overall, given the state of the economy and financial markets, I view the current stance of policy as only slightly restrictive, which

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