Business

Unemployed Filipinos rise slightly to 2.59M in June

MANILA, Philippines — Unemployed Filipinos inched up to 2.59 million in June from 2.50 million in May, the Philippine Statistics Authority (PSA) reported on Thursday. This translated to an unemployment rate of 4.9 percent, slightly higher…

Japan’s Weathernews launches global app in 57 languages

The app is expected to help people prepare for disasters early by providing users with consolidated weather warnings from around the world.

Chinese Renewable Energy Giant Envision Launches Data Center

Envision Group has commissioned the initial phase of a gigawatt-scale data center in China’s Inner Mongolia, an unusual foray by a renewable energy company into the booming artificial intelligence industry.

Kishida sees growth strategy as game changer for yen

Japan's 14-year strategy aims to generate an annual average of more than ¥26 trillion in domestic investment.

OpenAI Models Joined Forces Months Ahead of Hugging Face Hack

OpenAI said the artificial intelligence models behind an attack on Hugging Face Inc. began communicating with each other through undetected message boards, working together to break out of their testing environment as early as May.

U.S. is ready to return to 'commitments,' Iran says, after Trump signals deal is near

However, he denied that Tehran was in talks with Washington, despite claims by Trump to the contrary.

Asia shares ease on tech pullback, oil stable as Iran talks stay in focus

Asian stocks mostly down with tech firms back under pressure

CNBC Daily Open: Iran, Oman in talks on Hormuz; SpaceX is loyal to Nvidia on AI

Optimism over a Strait of Hormuz deal pushed the Dow to a record high and its fifth positive day in a row, while oil extends a cooling trend.

Carry trade is powering on as investors sidestep yen’s gains

The yen has traditionally been a go-to currency to fund carry wagers, given that interest rates in Japan were around zero for decades.

Chinese couple lose US$15 million pig farm in false fraud arrest, raising justice questions

A couple from central China saw their business empire, valued at 100 million yuan (US$15 million), collapse and were plunged into debt after being wrongly accused of fraud. Wang Fei and his wife, Liu Sumin, from Zhumadian in Henan…

Oil prices slip as Iran-Oman talks fuel hopes for US-Iran peace deal