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Philippine banks’ March bad loan ratio softens
PHILIPPINE BANKS’ bad loan ratio eased to a three-month low in March as total loans increased, according to data from the Bangko Sentral...
India and Pakistan exchange artillery fire in major escalation of tensions as world leaders urge calm
Wednesday’s strikes are a dangerous heightening of friction between the South Asian neighbours, who have fought multiple wars since 1947. India and Pakistan...
Philippine potential in focus at BusinessWorld Economic Forum 2025
THE PHILIPPINES is on track to build a bigger and more competitive economy, with government initiatives, private sector investments and international interest coming...
U.S. and Chinese officials are finally set to meet for trade talks, a month after Trump hiked tariffs to a sky&high 145%
The scheduled meeting in Switzerland would be the first time U.S. and Chinese trade officials meet since Trump imposed tariffs on China in...
The Fed will likely keep interest rates on hold today so markets will be watching for Trump’s reaction
If markets are hoping for some hints from Jerome Powell, the Fed chairman might disappoint. ANALYSIS: With the Federal Open Market Committee likely...
Canadian PM Mark Carney and President Donald Trump agree to disagree about Canada becoming the 51st state: ‘It won’t be for sale. Ever.’
The two showed no signs of retreating from their gaping differences in an ongoing trade war that has shattered decades of trust between...
Meta’s LlamaCon was all about undercutting OpenAI
Money On Tuesday, Meta held its first-ever AI developer conference, LlamaCon, at its Menlo Park, California headquarters. The company announced the launch of...
Microsoft CEO says up to 30% of the company’s code was written by AI
Money Microsoft CEO Satya Nadella said that 20%-30% of code inside the company’s repositories was “written by software” — meaning AI — during...
OpenAI explains why ChatGPT became too sycophantic
Money OpenAI has published a postmortem on the recent sycophancy issues with the default AI model powering ChatGPT, GPT-4o — issues that forced...
Sarah Tavel, Benchmark’s first woman GP, transitions to venture partner
Money Eight years after joining Benchmark as the firm’s first woman general partner, Sarah Tavel announced on X that she is transitioning to...
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