Philippines issues red alert on Visayas grid as multiple plants remain offline Wednesday. Available capacity ~2,153 MW vs peak demand 2,394 MW; Mindanao has nine plants on forced outage.

OPEC cuts 2026 oil demand growth forecast to 600,000 bpd, down from its prior month's assessment, the group said Wednesday from Vienna.

OPEC said on Wednesday that global oil demand is forecast to grow by 600,000 barrels per day in 2026 year-on-year, down from its previous month's assessment, according to Xinhua reporting from Vienna.

Philippines' DTI proposes mandatory certification for wrought aluminum and aluminum alloy products, requiring local and foreign manufacturers to obtain the Philippine Standard mark before selling.

The Philippines' Department of Trade and Industry is proposing a mandatory Philippine Standard certification scheme for wrought aluminum and aluminum alloy products, covering both local and foreign manufacturers. The Philippines imports over 90% of its aluminum consumption, with annual import value over $600 million.

Indonesia targets permanent magnet output using rare earths by 2028, seeking an integrated domestic supply chain from mineral processing to EVs, Danantara's CTO said in Jakarta.

Indonesia plans to produce permanent magnets using rare earth elements by 2028 as part of efforts to build an integrated domestic supply chain from mineral processing to electric vehicles, Danantara Chief Technology Officer Sigit Puji Santosa said Wednesday in Jakarta.

Ne Zha 2 becomes first animated film to win Best Picture at China's audience-voted Hundred Flowers Awards in Beijing on Monday, Xinhua reports. Enlight Media chairman Wang Changtian called it "a collective honor for Chinese animation."

"Ne Zha 2" won Best Picture at the 38th Hundred Flowers Awards in Beijing on Monday, becoming the first animated film to claim the top prize in the audience-voted ceremony's history, according to Xinhua. Enlight Media chairman Wang Changtian called the win "a collective honor for Chinese animation."