Business

Shein slumps to loss ahead of planned Hong Kong listing

US and EU trade tensions hit fast-fashion retailer’s profits

Tinubu urged to sign Port Regulatory Agency Bill

Maritime lawyers have urged President Bola Ahmed Tinubu to urgently assent to the Nigerian Port Economic Regulatory Agency Bill, saying it will accelerate reforms and improve efficiency in the country’s maritime sector. The President of…

Chinese chip champion CXMT soars more than 500% in market debut

Tech group becomes China’s most valuable listed company in mainland’s biggest IPO since 2010

OIL PRICE WATCH as of July 27, 2026

MANILA, Philippines – Motorists are already seeing higher prices at gas stations as fuel retailers prepare to implement another significant oil price increase on Tuesday. The looming increase comes amid sustained volatility in global oil…

BSP flags scam using Monetary Board member’s name

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) cautioned the public against scammers falsely using the name of Monetary Board member Benjamin Diokno to solicit donations for fake charitable causes. The central bank said…

SoftBank’s $40 Billion Loan for OpenAI Stake Gets 21 New Lenders

SoftBank Group Corp.’s $40 billion bridge loan for its investment in US tech giant OpenAI has attracted a new group of 21 lenders in a broader syndication phase, according to people familiar with the matter.

China’s industrial profits grow at slowest pace this year

Official data highlights uneven earnings rebound among manufacturers

Bank of Japan to signal more rate hikes as price pressures build

Rupee jumps 28 paise against US dollar as crude price drops to $92 per barrel

The Indian Rupee opened stronger against the US dollar on Monday. This rise was supported by declining crude oil prices and a weaker dollar. Easing Middle East hostilities between the US and Iran also improved global sentiment. Domestic…

Pampanga school questions Pax Silica project

MABALACAT CITY—A Roman Catholic school in Pampanga has called for greater transparency and a temporary halt to the proposed Pax Silica project in Capas, Tarlac, until key environmental, social, and governance concerns are addressed. On…

Labor-management gap remains wide at Japan’s minimum wage panel

Labor representatives are seeking a record ¥75 increase, but management representatives say smaller companies may not be able to afford it due to the Middle East turmoil.

CXMT Can Rally More Than 1,200% on Market Share Win, Nomura Says

China’s memory-chip bellwether CXMT Corp. can extend its blockbuster stock market debut to rally 1,239% from its initial public offering price as it wins market share over time, according to Nomura Holdings Inc.