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S&P 500 ends slightly higher; traders watch US-China trade talks

Business World Philippines

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June 11, 2025

THE S&P 500 ended slightly higher on Monday, lifted by Amazon and Alphabet, while investors watched US-China negotiations aimed at mending a trade dispute that has rattled financial markets for much of the year.

Top officials from both countries have kicked off discussions, looking to get back on track with a preliminary trade agreement struck last month that had briefly cooled tensions between the world's largest economies.

Amazon and Google parent Alphabet each gained more than 1% and helped keep the S&P 500 in positive territory.

Amazon.com said it plans to invest at least $20 billion in Pennsylvania to expand data center infrastructure, adding to the billions of dollars the technology giant has committed to the expansion of artificial intelligence.

Apple dipped 1.2% after the iPhone maker kicked off its annual software developer conference with incremental developments that did little to impress investors.

MEER VERHALEN VAN Business World Philippines

Business World Philippines

Business World Philippines

Sun Life Grepa offers new insurance plan

SUN LIFE Grepa Financial, Inc. has launched a new life insurance product that allows customers to tap various investment funds.

time to read

1 min

December 19, 2025

Business World Philippines

Business World Philippines

Europe's naivety about the China export shock is tragic

EUROPEAN UNION (EU) carmakers like Volkswagen AG got their wish this week when a combustion-engine ban for 2035 onward was effectively abandoned.

time to read

2 mins

December 19, 2025

Business World Philippines

NBA expansion verdict due in 2026

A DECISION on possible NBA expansion is due next year, and Las Vegas and Seattle are at the head of the line should the league open the door to new franchises, commissioner Adam Silver acknowledged on Tuesday.

time to read

1 min

December 19, 2025

Business World Philippines

PHL may miss green shift gains sans nickel reform

THE Philippines risks missing out on the full economic and social gains from the global green transition if it continues to rely on raw nickel extraction without improving job quality, safety and domestic value creation, according to a research brief released this week by the International Labour Organization (ILO).

time to read

1 mins

December 19, 2025

Business World Philippines

Student-coach Robinson nets another UAAP crown for La Salle

DE LA SALLE University’s (DLSU) author to essaying another UAAP championship wasn’t just a mere coach.

time to read

3 mins

December 19, 2025

Business World Philippines

Business World Philippines

Pag-IBIG Fund, Megawide partnership to build over 7,000 socialized homes

Pag-IBIG Fund has entered into a partnership with Megawide Construction Corp. to accelerate the delivery of 7,143 housing units in medium-rise residential developments under the government's Expanded Pambansang Pabahay para sa Pilipino Program, or Expanded 4PH.

time to read

2 mins

December 19, 2025

Business World Philippines

DA calls boost to road funding ‘game-changing’

THE Department of Agriculture (DA) said the increase in the proposed allocation for farm-to-market roads (FMRs) to P33 billion for 2026 would be a “game-changing investment” in farm productivity.

time to read

1 mins

December 19, 2025

Business World Philippines

Business World Philippines

Trump highlights victories amid sinking approval ratings

In a rare evening address from the White House, US President Donald J. Trump boasted on Wednesday of his accomplishments and blamed his Democratic predecessor for soaring consumer prices as his party braces for a tough midterm election next year.

time to read

3 mins

December 19, 2025

Business World Philippines

Salmon Bank's new promo offers 8% time deposit rate

SALMON BANK (Rural Bank) Inc. announced the launch of its latest offering, “Bank on Eight,” a promotional interest rate of 8% per annum available to clients with Time Deposit placements of at least P1 million for a minimum of one year, starting from Dec. 1, 2025 to June 1, 2026.

time to read

1 min

December 19, 2025

Business World Philippines

Philodrill seeks new contract to continue petroleum operations in Palawan

UPSTREAM oil and gas firm The Philodrill Corp. is seeking a new government contract to continue and expand its petroleum operations in northwest Palawan following the expiration of its existing service contract.

time to read

1 mins

December 19, 2025

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