LakeShore Biopharma Co., Ltd. (Nasdaq: LSB) shares experienced a significant surge following the company’s announcement that it would maintain its fiscal year 2025 (FY2025) guidance unchanged. This reaffirmed outlook has reinvigorated investor confidence, leading to a marked increase in stock value by approximately 7.9%, closing at $3.57. Despite enduring a challenging year, during which shares […]
A collision between Chinese coastguard ships and two Philippine vessels in the South China Sea has heightened tensions in the disputed waters, with both countries accusing each other of provocative actions. The incident, described by the Philippines as “unprovoked” and “aggressive,” involved Chinese vessels allegedly ramming two Philippine ships near Sabina Shoal. Beijing claims that […]
The Philippines and China have reached a provisional arrangement to facilitate the resupply of Filipino troops stationed on a reef in the South China Sea, according to an announcement by the Philippine foreign ministry on July 21, 2024. This agreement marks a significant development amid rising tensions in the disputed waters. The newly agreed-upon arrangement […]
TVS Motor Company, a leader in the global automotive industry specializing in two and three-wheelers, has introduced its electric scooter, the TVS iQube, at the Makina Motoshow in Manila, Philippines. This event marks the debut of the iQube in the region, emphasizing its cutting-edge electric vehicle technology, robust build, and comfort that aligns with premium […]
Security Bank, a premier Makati-based private universal bank in the Philippines, has embarked on a significant digital transformation journey by partnering with Avaloq, a global leader in wealth management technology and software. This strategic alliance aims to revolutionize Security Bank’s wealth management business through the deployment of the Avaloq Core Platform and the Relationship Manager […]
Tech Mahindra, a leading global technology company through its wholly-owned subsidiary, vCustomer Philippines Inc., has announced the acquisition of 100% equity shares in Orchid Cybertech Services, Inc. (OCSI), marking a significant expansion in the Business Process Outsourcing (BPO) sector. The transaction, valued at AUD 5 million in an all-cash deal, underscores Tech Mahindra’s commitment to […]
In a tragic update from the southern Philippines, the death toll from a devastating landslide that struck on Tuesday night outside a gold mine in Maco town, Davao de Oro province, has risen to 37, confirmed Edward Macapili, an official from Davao de Oro. The landslide, which occurred near a site operated by Apex Mining, […]
In a charged development, China has openly called out the Philippines, refusing to overlook Manila’s repeated “provocations and harassment” in the ongoing South China Sea dispute. This announcement comes as a direct response to recent escalations that have significantly strained relations between the two nations. Allegations of Aggression and Response Earlier this month, the Philippines […]
In a dramatic turn of events, the United Kingdom has vehemently condemned what it describes as “unsafe and escalatory tactics” deployed by Chinese vessels against the Philippines in the hotly contested South China Sea. This high-stakes maritime confrontation has grabbed international headlines, with Britain’s Foreign Office issuing a stern statement. The UK voiced its opposition […]
In a harrowing turn of events, Islamic State (IS) terrorists have claimed responsibility for a devastating bombing at a Catholic Mass in the Philippines. The attack, which occurred in a university gymnasium in Marawi, a city previously besieged by Islamist militants, has left at least four people dead and injured over 50 others. The Islamic […]