Huawei Technologies’ latest smartphone processor, the Kirin 9050 Pro, unveiled earlier this month, has narrowed its gap with Apple’s chips to about three years, from roughly four years in the previous generation, according to equity research firm Bernstein. The chip, which Bernstein estimated was produced using technology equivalent to a 7-nanometre process node, outperformed Apple’s 3nm A17 Pro in Geekbench 6 multicore tests, a widely used benchmark that measures how effectively processors...
Read full articleMANIBELA renews call for fare increase amid rising fuel prices
PLDT Inc."s wireless unit, Smart Communications Inc., is partnering with artificial intelligence (AI) orchestration platform Avtica in a bid to make AI tools more accessible and affordable.
The Department of Energy (DOE) does not foresee oil prices going down to pre-war levels anytime soon amid the prolonged conflict in the Middle East.
Hong Kong’s stock market is getting a dose of optimism from mainland China’s 41 trillion yuan (US$6.1 trillion) insurance industry, as some insurers are widely speculated to have bought exchange-traded funds (ETFs) in the city one month after regulators approved such purchases. Market observers highlighted a spike in trading volume for several Hong Kong-listed ETFs on Monday as evidence of buying by the mainland insurance companies. The National Financial Regulatory Administration, the watchdog...
Many people across Asia are generally positive about their healthcare experiences, according to research by Economist Impact, commissioned by Prudential. However, the report also found that satisfaction levels vary widely across markets, with more than 80 per cent admitting they have delayed seeking care. The report, “Patient voices: experiences of healthcare access in Asia,” is based on a survey of 4,200 people conducted from April to May 2025, and examines the patient experience in Hong Kong,...
PH, EU reach 'substantial agreement" on free trade deal
Saudi Arabia’s withdrawal from a China-led digital currency platform would carry greater symbolic than operational significance, analysts say, highlighting pressures facing countries caught between US influence and alternatives to dollar-based payments infrastructure. In a response to inquiries from the South China Morning Post, the Saudi Central Bank said it had participated in mBridge – a multilateral central bank digital currency platform seen as an alternative to the traditional US...
MANILA, Philippines — The Philippine economy is unlikely to mount a meaningful recovery in the third quarter amid renewed scrutiny of the flood control corruption scandal, prompting BMI Research to slash its full-year growth outlook anew to just 3.3 percent. In a note to clients, BMI, a unit of Fitch Solutions, said it cut its
MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) saw its profits breach P100 billion in the January to April period, as a sharp decline in expenses more than offset a drop in revenue. The BSP’s net income nearly doubled from the same period last year to P100.9 billion, according to data posted on the central
MANILA, Philippines — Young Filipinos are among the strongest believers in entrepreneurship in the Asia-Pacific region, with more than nine in 10 saying an “entrepreneurial mindset” could help them thrive in any occupation, a new study found. The Philippines posted a 94-percent agreement rate, among the highest in the region alongside Indonesia and Malaysia and
MANILA, Philippines — The Philippines will make a push for some of the world’s biggest technology companies to locate within the planned Pax Silica hub in New Clark City, where development work could begin as early as 2027. Among those on the government’s “wish list” are Apple, Nvidia, Taiwan Semiconductor Manufacturing Co., MediaTek, United Microelectronics Corp.,
MANILA, Philippines — The US government’s international investment arm has expressed interest in funding the construction of a second runway at Clark International Airport, according to state-run Bases Conversion and Development Authority (BCDA). BCDA President and CEO Joshua Bingcang said the US International Development Finance Corp. had already reached out regarding the project, which is targeted