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Cryptocurrencies tumble amid China crackdown on bitcoin miners

Reuters
Jun 21 05:50 PM

Cryptocurrencies tumbled on Monday as China's crackdown on bitcoin mining expanded to the province of Sichuan. Read more »

Peso, baht plumb multi-month lows to lead Asian forex falls

Harish Sridharan, Reuters
Jun 21 05:27 PM

The Thai baht plumbed a more than eight-month low on Monday, the Philippine peso dropped to 2-1/2-month troughs and stock markets across Asia fell as broad-based dollar strength took a toll across emerging markets. Read more »

No to Revenge Spending, Yes to Revenge Giving

Aneth Ng-Lim
Jun 21 03:49 PM

After months of living on lockdown, consumers are making up for all that lost time buying the things they need, and even the ones they don’t really need. Read more »

Vivant wins bid to set up desalination plant in Cebu

ABS-CBN News
Jun 21 03:11 PM

The desalination plant will augment the limited bulk water supply of the Metropolitan Cebu Water District, Vivant said. Read more »

LRT-2 East extension opening moved anew to July

Jacque Manabat, ABS-CBN News
Jun 21 02:59 PM | Updated Jun 21 06:09 PM

The inauguration and opening of the LRT-2 East Extension Project has been moved to July to give way to more preparatory works following the delay in the arrival of some critical equipment, the Light Rail Transit Authority said Monday. Read more »

Duterte's PR guy in 2016 polls may get P900K stint with finance dept

ABS-CBN News
Jun 21 02:26 PM | Updated Jun 21 06:06 PM

The public relations consultant who served as President Duterte's social media strategist in the 2016 elections said on Monday that he has yet to sign a contract with the Dept of Finance after details about it were published. Read more »

Wilcon Depot 'not that worried' with IKEA entry, says CEO

Jessica Fenol, ABS-CBN News
Jun 21 12:40 PM | Updated Jun 21 02:46 PM

Wilcon Depot is not worried about the entry of Swedish furniture maker IKEA in the Philippines despite some overlap in some product lines, President and CEO Lorraine Belo-Cincochan said Monday. Read more »

Presyo ng petrolyo tataas sa Hunyo 22

Alvin Elchico, ABS-CBN News
Jun 21 11:32 AM | Updated Jun 21 05:56 PM

Muling magkakaroon ng pagtaas sa presyo ng produktong petrolyo sa Martes, Hunyo 22, ayon sa mga kompanya ng langis. Read more »

Gov't 'might need' another P25-B to vaccinate children 12 and up: DOF

ABS-CBN News
Jun 21 11:23 AM

An additional P25 billion is needed to inoculate children aged 12 and above, and possibly for booster shots, Finance Secretary Carlos Dominguez said.   Read more »

Why millennials and Gen Zs should start investing now

Moneymax.ph
Jun 21 11:03 AM

If you’re a millennial or GenZ na kumikita na ng sariling pera, dapat ini-invest mo na ang portion of your earnings. Read more »

Tokyo's Nikkei drops 3 percent on US rate hike fear

Agence France-Presse
Jun 21 09:33 AM

Tokyo's key Nikkei index tumbled just over three percent after the open on Monday, tracking losses on Wall Street as investors digested Federal Reserve messaging on more restrictive monetary policy. Read more »

Behind Airbus-Boeing truce lies a common rival: China

Mathieu Rabechault, Agence France-Presse
Jun 21 08:34 AM

While the United States and Europe waged a 17-year trade battle over subsidies to Boeing and Airbus, China poured money into its own commercial aircraft to take on the Western aviation duopoly. Read more »

AirAsia boss says industry could return to normal next year: report

Reuters
Jun 21 08:18 AM

AirAsia Group Bhd's chief executive officer said the aviation industry could return to normal next year as international borders gradually reopened, state news agency Bernama reported on Saturday. Read more »

Ilang tindero kabadong muling sumipa ang presyo ng baboy

ABS-CBN News
Jun 20 05:45 PM

Kabado ang ilang tindero na muling sumipa ang presyo ng baboy matapos abisuhan na muling tataas ang farmgate price dahil sa pagtaas ng presyo ng krudo at sangkap sa pagkain ng mga baboy. Read more »

Generator maintenance disallowed during peak months of April, May, June: DOE

ABS-CBN News
Jun 20 08:25 AM | Updated Jun 20 02:45 PM

The Department of Energy will meet with power players on Monday to seek their compliance with its policies, its spokesman said Sunday. Read more »

Ika-4 na sunod na oil price hike asahan sa Martes

ABS-CBN News
Jun 19 06:27 PM

Maglalaro sa P0.70 hanggang P0.80 ang itataas ng kada litro ng gasolina. May dagdag namang P0.60 hanggang P0.70 na inaasahan sa diesel at kerosene.  Read more »

Business Mentor: The rise and fall of a startup

Armando Bartolome
Jun 19 08:18 AM

Here are some of the reasons why some startups rise quickly but fall just as quickly. Read more »

Newest Boeing 737 MAX makes first test flight

Agence France-Presse
Jun 19 07:23 AM | Updated Jun 19 07:26 AM

The newest version of Boeing's 737 MAX made its first test flight over Washington state on Friday, just months after the plane returned to service following a worldwide grounding after two fatal crashes. Read more »

Lenovo launches second entry into flagship gaming phone market

Art Fuentes, ABS-CBN News
Jun 19 07:03 AM

Lenovo launched on Friday its Legion Duel 2 smartphone, its latest entry into the mobile device gaming market. Read more »

Processed meat products at local pork, may inaasahang taas-presyo

ABS-CBN News
Jun 18 10:36 PM

Patuloy na tataas ang presyo ng mga processed meat ayon sa grupo ng meat processors, habang may taas-presyo ring inaasahan sa lokal na baboy sa mga susunod na linggo ayon sa isang agricultural group. Read more »

Sitel Group to buy Sykes in $2.15 billion deal

Reuters
Jun 18 08:28 PM

IT services company Sykes Enterprises Inc said on Friday it has agreed to be acquired by privately owned peer Sitel Group in a deal valued at $2.15 billion. Read more »

NEDA chief, economic frontliners get COVID-19 jabs

Jonathan Cellona, ABS-CBN News
Jun 18 07:00 PM

National Economic and Development Authority (NEDA) chief Karl Chua poses for photographs on Friday after receiving his first dose of Sinovac’s COVID-19 vaccine at Taguig City’s Vaccination Bus during its symbolic rollout at the Philippine Stock Exchange.  Read more »

PLDT blocks 10,000 links to child abuse materials in 'aggressive' crackdown

ABS-CBN News
Jun 18 06:00 PM

Some 10,000 links to child abuse materials online have been blocked in what PLDT Inc has called its "most aggressive" campaign just yet, it said Friday. Read more »

Creditors can't sue AirAsia X for another 9 months, says Malaysia court

Reuters
Jun 18 03:03 PM

The Malaysian high court has granted AirAsia X Bhd a nine-month extension on a restraining order which prevents creditors from filing any legal proceedings against it, the airline said in a stock exchange filing.   Read more »

Megaworld wants REITs offering to be among 'biggest' in Southeast Asia

Bruce Rodriguez, ABS-CBN News
Jun 18 02:24 PM

Megaworld Corp wants the initial public offering of its real estate investment trust to be among the biggest in Southeast Asia. Read more »