U.S. stocks climbed to record highs as easing oil prices and a moderation in wholesale inflation boosted investor sentiment.

Palantir has benefited from millions of pounds in tax deductions that have reduced its UK corporate-tax liability despite strong profits.

The Trump administration has announced its eighth round of Iran-related sanctions as diplomats raced to secure a deal concerning the Strait of Hormuz.

Marine traffic remains minimal in both the Strait of Hormuz and the Bab el-Mandeb Strait, although traffic through the latter has stabilized at a sharply reduced level.

The Pentagon is asking the US defense industry to rapidly increase production of weapons, including munitions that are in short supply because of the war with Iran.

Sony Group and Taiwan Semiconductor Manufacturing Co. (TSMC) are planning to invest about $6.3 billion in a joint venture to develop and manufacture next-generation image sensors in Japan.

Iran has said the Strait of Hormuz will not fully reopen unless the United States changes its policy toward Tehran, including by ending what Iran describes as a blockade, withdrawing US military assets from the region, lifting sanctions, unfreezing Iranian assets and compensating Iran for war-related damages.

Poland's economy is gaining importance in Europe. In 2025, the country ranked sixth in the European Union by nominal GDP, accounting for almost 5% of the bloc's total output.

For weeks, SpaceX investors had braced themselves for Thursday, Aug. 6, when nearly 1 billion insider and employee shares, representing about 20% of the company, became eligible for sale.

Google halted an AI image-generation feature in Google Earth less than a day after its launch following concerns that users could exploit it to create convincing but fabricated images of real-world locations.

We may be entering a post-literate society, but plenty of technology executives and entrepreneurs are still writing books.

Japan successfully launched an H3 rocket carrying the Michibiki No. 7 positioning satellite from the Tanegashima Space Center in Kagoshima Prefecture.

Amazon is investing in a massive natural gas-fired power plant in West Texas to supply electricity to a data center, as technology companies increasingly turn to dedicated, on-site power facilities to meet the enormous electricity demands of artificial intelligence.

The proposed sale of the Los Angeles Lakers to billionaire venture capitalist Josh Kushner and former Disney CEO Bob Iger for a record $12.5 billion valuation has sent shock waves through the sports-business world.

The White House said in a report that more than 40 countries had helped China circumvent US tariffs by routing exports through nations facing lower American import duties.

At the Monday Circle gathering on August 10 at The Westin Manila Ortigas, Edgar B. Saavedra offered a distinctly personal interpretation of an acronym long associated with nation-building.

U.S. household debt stood at $18.8 trillion in the second quarter of 2026, with auto-loan debt reaching a record high.

Major stock markets traded mixed in thin summer trading on Friday, with oil prices edging higher and the dollar slipping as investors assessed the outlook for US interest rates and the war in the Middle East.

The Philippine Stock Exchange (PSE) index recovered slightly on Friday, closing at 6,297.30 points, up 9.05 points, or 0.14 percent.

The Philippine Amusement and Gaming Corporation (PAGCOR) has secured ISO 9001:2015 certification for 16 of its Casino Filipino sites and branches, highlighting the agency’s commitment to internationally recognized quality standards.

SpaceX shares rose after the first major post-IPO lockup period expired.

Archer Aviation is set to acquire three Boeing subsidiaries as it expands its electric air-taxi, autonomous-flight and defense capabilities.

Nvidia has been working with major Wall Street firms to develop financing structures that could help customers fund purchases of chips and AI infrastructure, with CEO Jensen Huang promoting the concept of AI factories as a new class of productive, investable infrastructure.

More Americans fell behind on their home and auto loan payments in the second quarter of 2026, according to new data from the Federal Reserve Bank of New York.