The Philippine peso dived to a new record low, breaching the P64:$ level during the intraday trading on Tuesday.
Oct 27, 2026
MANILA, Philippines — Villar-led Vista Land & Lifescapes Inc. reported earnings before interest, taxes, depreciation and amortization (Ebitda) of P24.2 billion in 2025, meeting its full-year target as it renewed its focus on horizontal housing. In a stock exchange filing on Monday, the property developer said consolidated revenues had reached P35.8 billion last year. READ:
Hong Kong’s fundraising market is now facing a severe test, as the last-minute halt of two initial public offerings (IPOs) within a week raises concerns over investor appetite amid market volatility and stricter regulation, analysts say. Robotics maker Changzhou Microintelligence decided to postpone its IPO due to “the consideration of several factors, including prevailing market conditions”, according to its Sunday announcement – echoing reasons cited in previous deals pulled from the...
The Pentagon has assigned the USS Colorado as the first US nuclear-powered attack submarine to join a rotating force to be based in Western Australia. The 115-metre (380-foot) Virginia-class submarine, armed with land-attack missiles and sophisticated torpedoes, would sail to the new Australian base in late 2027, officials said on Tuesday. The deployment was a “significant milestone” in building up a joint US-Australia-UK deterrence in the Pacific under their Aukus defence pact, the allies said...
The Bank of Thailand and Bank Negara Malaysia have joined Singapore’s BLOOM initiative for cross-border payments and settlement using tokenised deposits and regulated stablecoins.
'Address youths grouses instead of worrying about image.'
In parts of Southeast Asia, unsold homes are piling up as developers struggle to clear housing stock – yet young buyers hoping to land their first property still cannot find an affordable home. The paradox reflects a growing mismatch between the homes being built and what aspiring buyers can afford, according to analysts, who point to speculative investment, financing hurdles and poor locations as factors leaving properties empty even amid demand for affordable housing. In Vietnam, the problem...
China has granted new autonomous-driving permission to electric vehicle (EV) maker Xpeng and a mainland joint venture of Volkswagen, intensifying the commercialisation race between China’s autonomous driving firms and US company Tesla. Xpeng would now be allowed to conduct “demonstration operations” of its Yoyo driverless taxis in the capital city of southern China’s Guangdong province under a licence officially granted recently, the company said on social media on Monday. The licence, which...
Oct 26, 2026
Some travelers who meant to fly to Sydney's main airport, or even to Western Australia, landed at the new Western Sydney International Airport on Oct. 26, a day after it opened to passengers.
Diamond Star Maricel Soriano and Maris Racal both brought home their Best Actress Awards after tying at the 42nd Philippine Movie Press Club (PMPC) Star Awards for Movies for their respective movies. Soriano and Racal received their awards at the PMPC Gabi ng Parangal held Monday night at the Winford Hotel in Manila, for their