Philippine peso hits new all-time low of 60.993 per dollar, extending losses.

Stock market transactions are suspended until Monday, May 4, 2026, according to the Securities and Exchange Organization. The reopening of the exchange remains contingent on continuous reviews of market conditions.

The Securities and Exchange Organization has announced that stock market transactions are suspended until Monday, May 4, 2026, with future operations dependent on ongoing market condition reviews.

US and Chinese economic officials call for deeper trade cooperation ahead of President Donald Trump's visit to China in mid-May.

Senior economic officials and trade negotiators from China and the United States have called for increased cooperation to stabilize bilateral relations ahead of President Donald Trump's scheduled visit to China in mid-May.

Blue Owl has sold about half of its stake in SpaceX, according to the firm's co-CEO. The sale was executed at a $1.25 trillion valuation for the aerospace company.

Blue Owl co-CEO stated that the firm has sold approximately half of its stake in SpaceX, a transaction based on a $1.25 trillion valuation for the aerospace company.

Union Pacific and Norfolk Southern propose a $71.5 billion merger. The companies project the combined entity would control 39% of the U.S. rail freight market.

Union Pacific and Norfolk Southern have announced a proposed $71.5 billion merger, which the companies estimate would result in a 39% share of the U.S. rail freight market.