Tag Archives: news

Gold rally lifts Philippine dollar reserves to 11-month high

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MANILA, Philippines — The Philippines’ gross international reserves rose to $108.8 billion in September, the highest in 11 months, as higher gold prices boosted the value of the central bank’s holdings. The figure climbed from $107.1 billion in August, reflecting gains from global gold prices, investment income, and foreign currency deposits by the national government, Continue reading Gold rally lifts Philippine dollar reserves to 11-month high→

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

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

Daria Kasatkina ends WTA season early after hitting ‘breaking point’

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World no.19 Daria Kasatkina has called time on her 2025 WTA season after admitting in an emotional statement on Monday that she was at “breaking point.” The 28-year-old, who switched nationality from Russia to Australia in March, lost badly to Sonay Kartal in her opening match at the WTA 1000 event in Beijing last week Continue reading Daria Kasatkina ends WTA season early after hitting ‘breaking point’→

US Banks Are Taking Aim at a European Weak Spot

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All’s fair in love and politics — and international bank capital rules. US financial watchdogs are making mischief with European standards that give lenders relief by treating the euro zone as a single domestic market. The Americans have a point: The bloc is not a single market for banking and that’s been a problem when things go wrong. But they doubtless have an ulterior motive born of the political obstacles to reforming some of their own rules to help big US banks compete harder with their Eu Continue reading US Banks Are Taking Aim at a European Weak Spot→

Toyota Financial offers P 2-B bonds at nearly 6% yield

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MANILA, Philippines – The automotive financing and leasing arm of GT Capital Holdings Inc. will raise P2 billion from the debt market as it anticipates broad asset growth and aims for a wider investor base. In a regulatory filing on Monday, GT Capital said the maiden bond offer of Toyota Financial Services Philippines Corp. (TFSPH) Continue reading Toyota Financial offers P 2-B bonds at nearly 6% yield→

Win over ex-mentor is just Tenorio’s first step to start of journey

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LA Tenorio wasn’t letting one win, even a meaningful one, get to his head. The rookie coach made a strong debut in the PBA, steering Magnolia to an 80-73 win over Barangay Ginebra on Sunday at Smart Araneta Coliseum. The victory came at the expense of his former team and long-time mentor Tim Cone, but Continue reading Win over ex-mentor is just Tenorio’s first step to start of journey→

PBA: Sonny Estil has strong debut in Ginebra loss

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MANILA, Philippines–Sonny Estil had a solid PBA debut for Barangay Ginebra amid nerves of playing on the ultimate stage of his career. But that was dampened by a dismal start that eventually led to an 80-73 loss to the Magnolia Hotshots on Sunday at Smart Araneta Coliseum. READ: PBA: Magnolia turns back Ginebra in LA Continue reading PBA: Sonny Estil has strong debut in Ginebra loss→

Jannik Sinner out of Shanghai Masters with leg injury

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Defending champion Jannik Sinner retired Sunday from the Shanghai Masters after suffering a leg injury in his third-round match against the Netherlands’ Tallon Griekspoor. The world number two began to experience issues in the fourth game of the third set, and tried to persevere before abandoning the match when trailing 6-7 (3/7), 7-5, 3-2. READ: Continue reading Jannik Sinner out of Shanghai Masters with leg injury→