PSEi falls as inflation, rate hike fears weigh

Inquirer.net - Oct 13, 2026

MANILA, Philippines — Local stocks fell on Tuesday as rising inflation and expectations of another interest rate hike drove concerns over the country’s economic growth outlook. The benchmark Philippine Stock Exchange Index (PSEi) dropped 0.73 percent, or 41.64 points, to close at 5,701.54. READ: Red hot inflation seen extending BSP hikes Philstocks Financial Inc. attributed

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Sotto welcomes SC dismissal of indirect contempt case

Oct 13, 2026

Sotto welcomes SC dismissal of indirect contempt case

MANILA, Philippines — Senate President Pro Tempore Vicente “Tito” Sotto III on Tuesday thanked the Supreme Court for dismissing the petition for indirect contempt filed against him over the public remarks he made regarding the court’s ruling on the impeachment proceedings of Vice President Sara Duterte in 2025. “This decision protects the right of every

SC junks contempt case vs. Sotto: ‘Critical speech is protected’

Oct 13, 2026

SC junks contempt case vs. Sotto: ‘Critical speech is protected’

MANILA, Philippines — The Supreme Court (SC) has dismissed the indirect contempt case filed against Senator Vicente “Tito” Sotto III, saying even “provocative, harsh, or critical statements are still protected speech.” Sotto questioned the SC’s ruling on the 2025 impeachment case against Vice President Sara Duterte, saying the author of the decision was unfamiliar with

UAAP: Elliot Dimaculangan makes delayed but timely UP debut

Oct 13, 2026

UAAP: Elliot Dimaculangan makes delayed but timely UP debut

MANILA, Philippines—University of the Philippines got a huge shot in the arm from its bench in a big win over rival La Salle in the UAAP Season 89 men’s basketball tournament. Most especially, the Fighting Maroons drew a much-needed spark from newcomer Elliot Dimaculangan, who made his debut in the 80-76 victory on Sunday, snapping

Marcos names SSS president de Claro as new DICT chief

Oct 13, 2026

Marcos names SSS president de Claro as new DICT chief

MANILA, Philippines – President Ferdinand Marcos Jr. on Tuesday named Social Security System (SSS) president and chief executive officer Robert Joseph Montes de Claro as the new secretary of the Department of Information and Communications Technology (DICT). De Claro will replace Henry Aguda, whose resignation was confirmed by Marcos during a press briefing over the

Cayetano: Impeach drop is hitting a defense that can’t strike back

Oct 13, 2026

Cayetano: Impeach drop is hitting a defense that can’t strike back

MANILA, Philippines — Sen. Alan Peter Cayetano on Tuesday likened the prosecution’s decision to withdraw three of the four articles of impeachment against Vice President Sara Duterte to a fistfight in which one party is hit but then told not to retaliate. “Kumbaga sa suntukan, sinuntok niyo na yung defense, then sasabihin niyo, ‘To save

Quezon priest, eco-warriors complete protest march for environment

Oct 13, 2026

Quezon priest, eco-warriors complete protest march for environment

LUCENA CITY — Catholic priest Fr. Warren Puno expressed disappointment and indignation over the government’s failure to respond adequately to the grievances of environmentalists and marginalized communities at the end of a week-long protest march from Atimonan, Quezon, to Manila on Monday. “Bakit sarado ang pintuan sa panaghoy ng mamamayan? Para kanino ba talaga ang

Gabrielle Galapia asks: How does a host-delegate prepare for the pageant?

Oct 13, 2026

Gabrielle Galapia asks: How does a host-delegate prepare for the pageant?

CEBU CITY, Philippines — Miss Asia Pacific International third runner-up Gabrielle Galapia shared that nobody prepared her for being the host-delegate before she embarked on her global pageant journey. A pageant veteran in the local circuit, the Kapampangan lass got her first international assignment after receiving her national title in June, just four months since

China is working on a submarine tank that can operate underwater for 2 hours

Oct 13, 2026

China is working on a submarine tank that can operate underwater for 2 hours

A Chinese research team has proposed four types of equipment that could rapidly switch between wartime environments, including operating deep under water for long periods, as multi-domain combat is set to develop in the coming decades. The “heterogeneous” equipment is designed to exceed conventional armoured vehicles by rapidly reconfiguring physical modules and functions within seconds for missions across land, water, air and electromagnetic contest grounds, according to the scientists. The...

Tom Cruise’s ‘Digger’ tanks at box office, leaves studio with $250-million hole

Oct 13, 2026

Tom Cruise’s ‘Digger’ tanks at box office, leaves studio with $250-million hole

LOS ANGELES — The Tom Cruise eco-satire “Digger,” a movie that was supposed to herald the action hero’s return to serious acting, has bombed at the box office, with industry insiders predicting it could lose a quarter of a billion dollars. The Alejandro Inarritu comedy, featuring Cruise as an eccentric oil baron who must fix

Atlanta Dream scramble for a WNBA Finals home

Oct 13, 2026

Atlanta Dream scramble for a WNBA Finals home

The Atlanta Dream will be hosting two games of the WNBA Finals next week, but it’s still not known where those contests will be played. The Dream, who face the Golden State Valkyries in the best-of-seven series that begins Saturday, will host Games 3 and 4 on Oct. 22 and 24. Atlanta would love to

Conti: Drug war victims prepare mentally for ICC proceedings

Oct 13, 2026

Conti: Drug war victims prepare mentally for ICC proceedings

THE HAGUE -- Victims of the war on drugs are preparing mentally and physically for proceedings before the International Criminal Court (ICC) as the case against former president Rodrigo Duterte moves closer to trial, a lawyer said Tuesday.

Meralco rates rise in October amid higher generation costs  

Oct 13, 2026

Meralco rates rise in October amid higher generation costs  

MANILA, Philippines —Manila Electric Co. (Meralco) customers will have to tighten their belts as their power bills rise this month due to higher power generation costs. On Tuesday, Meralco said electricity rates this October would increase by P0.3191 per kilowatt-hour (kWh) to P15.0615 per kWh from P14.7424 per kWh in Sept. READ: ERC orders Meralco

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