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Japan's Marubeni buys UK's Gola in retro trainer push

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US says to dictate Venezuela decisions, oil sales

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Foreign Exchange Rate
January 7, 2026
usd
1 USD = 59.1520
Currency Peso Equivalent
jpy
JPY
0.3777
gbp
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79.8670
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7.5952
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74.3676
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42.8203
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156.9227
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15.7751
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46.0255
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0.0035
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1.8965
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Index Report
Market CLOSED: Jan 7, 2026 3:58 PM
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Value
Chng%
PSEi
6,292.09
0.41
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3,594.19
0.16
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2,144.35
0.32
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9,117.37
0.63
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4,957.39
0.35
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2,455.90
1.29
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16,389.92
0.81
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2,310.06
0.11

Industries

US says to dictate Venezuela decisions, oil sales

WASHINGTON, United States — US President Donald Trump’s administration said Wednesday it will dictate decisions to Venezuela’s interim leaders and control the country’s oil sales “indefinitely” after toppling Nicolas Maduro....

Finance

Finance chief Frederick Go joins BSP Monetary Board

MANILA, Philippines — Finance Secretary Frederick Go was sworn in as a member of the Monetary Board of the Bangko Sentral ng Pilipinas, joining the policy-making body as the government’s Cabinet...

Consumer & Retail

Japan's Marubeni buys UK's Gola in retro trainer push

Japan's Marubeni buys UK's Gola in retro trainer push

TOKYO, Japan — Marubeni, which is backed by billionaire investor Warren Buffett, said it had bought British heritage sportswear brand Gola as the trading house moves…

Columns
ALL IN THE FAMILY

The Church and AI

Pope Leo on AI 

Do awards motivate business?

Michelin and the family restaurant

Tourism & Transportation

PAL infotainment soars high with ‘teleserye’ flight safety video

MANILA, Philippines — In-flight safety videos, despite their importance, are often a bore, especially for frequent flyers. Routinary and repetitive, they usually involve cabin crew demonstrating…

PAL begins Cebu-Guam service

Foreign News

Philippines ends 2025 with $110.9B foreign reserves

MANILA, Philippines — The Philippines’ gross international reserves stood at $110.9 billion at the end of 2025, preliminary data showed, underscoring the country’s strong external liquidity…

Economy

Toledo: ‘2026 budget is Filipino’s budget’

MANILA, Philippines — Acting Budget Secretary Roland Toledo on Monday said the 2026 national budget places Filipinos “at its core,” with the P6.793-trillion spending plan…

Communications

Startups go public in litmus test for Chinese AI

HONG KONG, China — Leading Chinese artificial intelligence startup Zhipu AI soared as it went public in Hong Kong on Thursday, a day before rival MiniMax…

Industry Movements

Startups go public in litmus test for Chinese AI

HONG KONG, China — Leading Chinese artificial intelligence startup Zhipu AI soared as it went public in Hong Kong on Thursday, a day before rival MiniMax…

AI can help curb corruption

All is calm, AI’s bright

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