Japanese mobile carriers postpone sales of new Huawei smartphones

Kyodo News
May 23 01:47 AM

Major Japanese mobile phone service operators said Wednesday they will postpone sales of new smartphone handsets produced by Huawei Technologies Co. after Washington effectively banned US firms from supplying components to the Chinese tech giant. Read more »

UnionBank launches partnership with Shiptek Solutions

ABS-CBN News
May 22 11:46 PM

The Aboitiz Group's banking arm launches its partnership with a homegrown digital logistics start up for a digitization venture. Read more »

PH shares continue rise for 4th day

ABS-CBN News
May 22 11:41 PM

Philippine shares defied extending gains despite escalating trade tensions. Read more »

Congress OKs transfer of Mislatel's ownership

RG Cruz, ABS-CBN News
May 22 11:18 PM | Updated May 23 01:52 AM

Congress has approved the transfer of ownership of Mislatel—the country’s 3rd telecom industry player.   Read more »

Qualcomm shares slide after US antitrust ruling

Rob Lever, Agence France-Presse
May 22 10:13 PM

Smartphone chip giant Qualcomm suffered a fresh blow in its antitrust battle with a US federal judge's ruling that it "strangled competition" for years at the expense of consumers and device makers. Read more »

Chinese surveillance giants' stocks dive on US blacklist report

Agence France-Presse
May 22 10:04 PM

Shares in two top Chinese surveillance firms plunged Wednesday following reports Washington is considering banning them from buying US components, just as the blacklisting of telecoms giant Huawei fanned their escalating tech war.   Read more »

Japanese telcos postpone sales of new Huawei smartphones

Kyodo News
May 22 09:03 PM

Two major Japanese mobile phone service operators said Wednesday they will postpone sales of new Huawei smartphones after Washington effectively banned US firms from exporting components to the Chinese tech giant. Read more »

Pound set for longest losing streak vs euro as Brexit plan disintegrates

Abhinav Ramnarayan and Saikat Chatterjee, Reuters
May 22 08:11 PM

Sterling fell broadly on Wednesday and was on track for its longest ever losing streak against the euro as Prime Minister Theresa May's last-ditch Brexit plan failed to win over either opposition lawmakers or many in her own party. Read more »

Huawei unwanted: Asian shops shun phone trade-ins on Google ban worries

Fathin Ungku and Neil Jerome Morales, Reuters
May 22 07:34 PM

Mobile phone retailers in some Asian countries are refusing to accept Huawei devices for trade-ins, as more consumers look to offload their device on worries Google suspending business with the Chinese firm will disrupt services. Read more »

Senate to open plenary debate on tobacco sin tax on Monday

Sherrie Ann Torres, ABS-CBN News
May 22 07:25 PM

The plenary debate for proposed increases on the sin tax on cigarettes will start on May 28, a Senate official said Wednesday.   Read more »

Senate approves ENDO bill on third reading

ABS-CBN News
May 22 06:16 PM

MANILA – The Senate on Wednesday approved a measure that aims to end illegal contractualization, reform that President Rodrigo Duterte had promised when he campaigned for his post in 2016.    Read more »

After Huawei, US could blacklist Chinese surveillance tech firm - media

Brenda Goh, Reuters
May 22 05:41 PM

The US administration is considering Huawei-like sanctions on Chinese video surveillance firm Hikvision, media reports show, deepening worries that trade friction between the world's top two economies could be further inflamed. Read more »

Millennials and private sector seen driving growth of 'sustainable finance'

Cathy Yang, ABS-CBN News
May 22 05:38 PM | Updated May 23 12:51 AM

Private companies and millennials are driving the growth of financial products geared towards environmental sustainability and social responsibility, the head of a regional banking giant said Wednesday. Read more »

China's Xi warns of new ‘long march’ as trade war intensifies

Alexandra Stevenson, The New York Times
May 22 03:06 PM

Xi made the remarks at the historic site of the start of Mao Zedong’s Long March of 1934. The Long March was a 4,000-mile journey that took more than a year and would ultimately lead to the ousting 15 years later of the Nationalists by Mao and the communists. Read more »

Car maintenance tips for the summer

Moneymax.Ph
May 22 03:06 PM

Keep your car in tip-top shape this summer and follow these car maintenance tips. Read more »