Business

A currency trader passes by a screen showing the Korea Composite Stock Price Index (KOSPI), the foreign exchange rate between U.S. dollar and South Korean won, SK Hynix and Samsung Electronics Co. stock price at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Tuesday, …

Canada is set to detail its response to new US 50-percent tariffs hitting goods from hockey sticks to cement (Jim WATSON)  OTTAWA — Canada on Tuesday announced counter-tariffs on US goods ranging between 15 and 50 percent, intensifying the trade war between the historically close allies. Ottawa’s retaliation will take …

NEW YORK — US stocks drifted to a mixed finish Monday as the countdown ticks toward potentially market-moving events coming later in the week. The areas of the bond market that the US Treasury Department is trying to calm down, meanwhile, eased a bit. The S&P 500 slipped 0.3% and …

WASHINGTON, D.C. — US President Donald Trump vowed Monday to double tariffs on Canadian vehicles beginning next year, as the historically friendly neighbors spiral into a trade war. Trump’s threat comes after the North American allies failed Friday to reach a deal to avert new 50-percent US tariffs on select …

CHINA’s Alibaba said on Sunday it plans to sell HK$80 billion ($10.2 billion) in a share placement to fund artificial intelligence (AI)-related development. A deal by the Chinese e-commerce and cloud computing giant would mark the largest-ever primary follow-on offering by a Hong Kong-listed company. It would rank as the …

The House of Representatives (left); PAL (MANILA BULLETIN, Facebook) The House of Representatives has approved on second reading Monday night, Aug. 24 a measure granting a new 50-year congressional franchise to the country’s flag-carrier, Philippine Airlines (PAL). House Bill (HB) No.10545, which seeks to essentially replace PAL’s existing franchise under …

At a press briefing, Energy Undersecretary Rowena Cristina Guevara said the government, however, is preparing a P7.5-billion program to eliminate non-technical system loss charges from consumers’ power bills, potentially reducing electricity costs by around four percent (STAR / File)  May not be scrapped before Marcos final SONA MANILA, Philippines — …

Special Envoy for Disaster Risk Reduction and Management Maria Antonia Yulo-Loyzaga delivers a speech during a climate security forum in Makati City on Monday (Aug. 24, 2026). The former Environment secretary called for climate change to be treated as a regional security concern, citing its impact on food, water, resources, …

SEOUL — Kept in the dark after reporting her boss for harassment, South Korean advocate Baek Song-yi is now campaigning for survivors’ right to know how their bullies were disciplined. Baek, 40, experienced first-hand a troubling paradigm in South Korea’s workplace harassment response, with victims often expected to keep silent …

SOME of Nvidia’s largest customers have been told prices of servers containing its artificial intelligence (AI) chips will rise by more than 15 percent in many cases with memory chip costs soaring, Bloomberg News reported on Saturday. The price hikes will go into effect on systems shipped early next year …