The European Union has fined TikTok 530 million euros ($600 million) for transferring user data to China in violation of the bloc’s strict privacy laws, following a four-year probe.

The Bases Conversion and Development Authority (BCDA) secured PHP7.72 billion in investments from January to March 2025—more than triple the PHP2.49 billion recorded in the same period last year.

Amazon CEO Andy Jassy acknowledged ongoing uncertainty surrounding U.S. tariffs, saying, “It’s hard to tell where they’re going to settle and when they’re going to settle.”

Apple CEO Tim Cook said that new tariffs imposed by President Donald Trump on imported supplies would cost Apple an additional $900 million in the June quarter, assuming no further escalation.

Executives at some of America’s largest corporations are sounding the alarm about how President Donald Trump’s tariffs are affecting their business.

TikTok plans to invest €1 billion ($1.14 billion) to build its first data center in Finland as part of its effort to relocate data storage for European users to the continent.

Dream Games, the Turkish mobile game developer behind Royal Match, has raised approximately $2.5 billion in a combined debt and equity deal.

Andersen Global continues to reinforce its presence in the Asia Pacific with the announcement of a new collaboration with Du-Baladad and Associates, a top-ranked tax and corporate services firm in the Philippines.

In an age of intensifying competition and rising consumer expectations, retail success increasingly hinges not just on price or product—but on experience.

Cignal’s Pilipinas Live app has teamed up with global streaming innovator Quickplay to launch Pilipinas Live Shorts—a dynamic new feature delivering high-impact, short-form video content in an interactive, social media-inspired format.

Manuel V. Pangilinan-led Manila Electric Company (Meralco) has once again been recognized for its excellence in sustainability governance and reporting.

China’s No. 1 automaker BYD has experienced explosive growth over the past five years, expanding sevenfold to become the world’s seventh-largest automaker by sales. Its first-quarter profit jumped 100%.

“We built it, you make it.” That’s the motto of Slate, a new U.S. electric vehicle company that just unveiled its debut model.

The Tesla board has initiated the process of replacing Elon Musk as chief executive after a month of internal pressure and public backlash over his continued absence from the company.

Walmart and Target have resumed business with some of their Chinese suppliers after briefly pausing orders due to uncertainties over steep U.S. tariffs.

North America’s second-largest supermarket chain is warning its suppliers that it won’t accept price hikes due to President Trump’s recent wave of tariffs.

China's biggest listed steelmaker, Baoshan Iron & Steel Co., said a nationwide output cut is likely this year and highlighted external pressures on an industry already grappling with overcapacity and weakening demand.

SM Investments Corporation (SM Investments), the parent firm of the SM Group, announced a 44% increase in total dividends for 2025 to PHP13 per share, comprising PHP11 in regular dividends and PHP2 in special dividends.

Toyota Chairman Akio Toyoda has reportedly proposed a buyout of Toyota Industries, aiming to consolidate his control over Japan’s largest business empire amid a broader wave of mergers and acquisitions.

The Philippine Amusement and Gaming Corporation (PAGCOR) sustained its strong financial performance in the first quarter of 2025, posting revenues of PHP28.07 billion.

China’s Huawei Technologies is preparing to test its most powerful artificial intelligence (AI) chip yet, aiming to replace high-end products from U.S. chip giant Nvidia.

Komatsu Ltd., Japan’s top construction machinery maker, forecast a 27% drop in operating profit for the current fiscal year, citing a stronger yen and higher costs tied to new U.S. tariffs.

Shares of SK Telecom fell as much as 8.5% on Monday, reaching their lowest level since August 2024, after South Korea’s largest mobile carrier disclosed a major customer data leak caused by a cyberattack.

German healthcare and materials group Merck KGaA announced Monday that it has agreed to acquire U.S. biotech company SpringWorks Therapeutics for an equity value of $3.9 billion.