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PSE Index Falls 0.73 Percent as Economic Concerns Persist
The Philippine Stock Exchange (PSE) index declined again on persistent economic concerns, closing at 5,701.54 points, down 41.64 points, or 0.73 percent.

By The Financial District
14 hours ago1 min read


Trump Calls for New Ukrainian Leadership as Diesel Deal With Russia Draws Criticism
U.S. President Donald Trump said Ukraine should choose a new leader, arguing that President Volodymyr Zelensky had failed to reach a deal to end Russia’s war.

By The Financial District
18 hours ago2 min read


USS Abraham Lincoln Returns to San Diego After Record-Long Deployment
The USS Abraham Lincoln aircraft carrier returned to San Diego on October 8, 2026, ending a 321-day deployment that included months of U.S. military operations in the Middle East during the war with Iran.

By The Financial District
18 hours ago1 min read


Disney Pitches Premium Cinema Format to Rival Studios as SpaceX Expands Wireless Ambitions
Walt Disney is seeking to expand its premium movie-theater format beyond its own films, approaching rival Hollywood studios about adopting the company's Infinity Vision brand.

By The Financial District
18 hours ago2 min read


Trump’s Putin Diesel Deal Unlikely to Cut U.S. Fuel Prices Significantly
President Donald Trump has announced plans to import diesel from Russia in an effort to ease high fuel prices, but energy analysts warn that the arrangement is unlikely to deliver significant relief to American consumers.

By The Financial District
19 hours ago2 min read


Kawasaki Heavy Targets ¥1 Trillion in Defense Sales by the Mid-2030s
Kawasaki Heavy Industries Ltd. plans to increase its defense sales to at least ¥1 trillion ($6.3 billion) by the mid-2030s as Japan steps up spending to strengthen its military capabilities amid growing regional and global security challenges.

By The Financial District
20 hours ago1 min read


Trump’s Promises on Gasoline and Grocery Prices Collide With Rising Costs
President Donald Trump campaigned on promises to lower gasoline and grocery prices, but American consumers continued to face elevated costs in October 2026, raising questions about his administration’s efforts to improve affordability.

By The Financial District
20 hours ago2 min read


Belgian-Born Physicist Francis Halzen Wins Nobel Prize for Neutrino Research
Belgian-born physicist Francis Halzen has won the 2026 Nobel Prize in Physics for his contributions to the IceCube Neutrino Observatory and the discovery of high-energy neutrinos originating from astrophysical sources.

By The Financial District
20 hours ago2 min read


Trump Turns to Putin for Russian Diesel as Ukraine Peace Talks Remain Uncertain
U.S. President Donald Trump announced plans for Russia to supply diesel to the American and global markets following a telephone conversation with Russian President Vladimir Putin, even as prospects for renewed peace negotiations over Ukraine remained uncertain.

By The Financial District
21 hours ago2 min read


Elon Musk Loses Trillionaire Status as Tesla and SpaceX Shares Fall
Elon Musk lost his trillionaire status again after declines in Tesla and SpaceX shares reduced the estimated value of his holdings.

By The Financial District
21 hours ago2 min read


Five Tech Giants Issue $159 Billion in Bonds in Five Months as AI Spending Grows
Five major technology companies raised approximately $159 billion through bond issuance in the first five months of 2026, exceeding their combined bond issuance of roughly $150 billion over the entire 2020–2024 period.

By The Financial District
21 hours ago2 min read


Two Powerful Earthquakes Strike Panama Within Hours, Prompting Evacuations
Two powerful earthquakes struck Panama within hours on Friday, October 9, 2026, shaking buildings across the country and prompting evacuations.

By The Financial District
21 hours ago1 min read


Ray Dalio Warns AI Boom Is Nearing a Potential Bubble-Bursting Point
Bridgewater Associates founder Ray Dalio warned that the artificial intelligence boom is approaching a potentially dangerous stage, citing mounting debt, rising interest rates and pressure to convert paper wealth into cash.

By The Financial District
22 hours ago1 min read


New Footage Shows Iranian Attack on U.S. Base in Kuwait
Newly obtained video shows Iranian attacks on Camp Buehring, a major U.S. military installation in Kuwait, during the opening phase of the war with Iran.

By The Financial District
22 hours ago1 min read


Greenland Halts Plan to Cull 1,000 Greenland Sharks
Authorities in Greenland have halted a controversial proposal to cull 1,000 Greenland sharks after the national government questioned whether the plan was legal.

By The Financial District
22 hours ago1 min read


O2 Renews Naming-Rights Deal for London Arena Through 2038
British telecommunications provider O2 has extended its naming-rights partnership for London's O2 entertainment venue through 2038, renewing one of the United Kingdom's most prominent arena sponsorship agreements.

By The Financial District
1 day ago1 min read


AI Stocks Rebound, but the Rally Looks Increasingly Vulnerable
Artificial intelligence (AI) stocks have rebounded after a sharp selloff, but the recovery may conceal underlying vulnerabilities in the sector.

By The Financial District
1 day ago2 min read


Henri Kagan and Kenso Soai Win 2026 Nobel Prize in Chemistry for Research on Molecular Chirality
French chemist Henri B. Kagan and Japanese chemist Kenso Soai have won the 2026 Nobel Prize in Chemistry for discoveries that helped explain how chemical reactions can favor one of two mirror-image forms of a molecule.

By The Financial District
1 day ago2 min read


TikTok Relaxed Ad Rules as Scams Increased, Forbes Investigation Finds
TikTok weakened its advertising enforcement rules in 2025, allowing some advertisers accused of running scams and promoting harmful products to remain on the platform

By The Financial District
1 day ago1 min read


Bargain Hunting Lifts PSE Index by 0.74 Percent
Bargain hunting lifted the Philippine Stock Exchange index (PSE) index into positive territory at the start of the trading week on Monday, with the benchmark closing at 5,743.18 points, up 42.19 points, or 0.74 percent.

By The Financial District
1 day ago2 min read


Uniqlo Owner Fast Retailing Poised to Overtake H&M in Apparel Sales
Fast Retailing Co., the Japanese operator of Uniqlo, is poised to overtake Sweden’s H&M in annual sales as it expands internationally and strengthens its position in functional, everyday clothing.

By The Financial District
2 days ago2 min read


Canadian Poet Anne Carson Wins 2026 Nobel Prize in Literature
Canadian poet, essayist, translator and classicist Anne Carson has won the 2026 Nobel Prize in Literature, recognizing a body of work that blends poetry, fiction, translation and classical scholarship.

By The Financial District
2 days ago1 min read


Microsoft Unveils New Windows Features for the AI Era
Microsoft has announced new Windows features designed to integrate artificial intelligence more deeply into personal computers, including tools that allow AI agents to operate locally on devices or use cloud computing when needed.

By The Financial District
2 days ago1 min read


Forbes Releases Its First Agentic 20 List
Forbes has introduced its first Agentic 20 list, highlighting companies and projects working on AI agents—systems designed to carry out tasks and take actions rather than simply respond to prompts.

By The Financial District
2 days ago1 min read
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