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PHILIPPINE BENCHMARK STOCK INDEX RISES 1% TO 6,023.57 POINTS, HIGHEST SINCE MAY 11

2026-05-25

PHILIPPINE BENCHMARK STOCK INDEX RISES 1% TO 6,023.57 POINTS, HIGHEST SINCE MAY 11

Other News
2026-05-25

Uber Board Met Saturday To Consider Raising Offer; €38/Share Bid To Delivery Hero's Largest Shareholder Rejected; Several Shareholders Seek >€40/Share (~€13bln Valuation)

Uber Board Met Saturday To Consider Raising Offer; €38/Share Bid To Delivery Hero's Largest Shareholder Rejected; Several Shareholders Seek >€40/Share (~€13bln Valuation)
2026-05-25

Companies sought approval for 51 gigawatts of new coal-fired power capacity in China during the first quarter, according to Global Energy Monitor, keeping pace with the record 162 gigawatts proposed in 2025. Coal construction has accelerated since po

Companies sought approval for 51 gigawatts of new coal-fired power capacity in China during the first quarter, according to Global Energy Monitor, keeping pace with the record 162 gigawatts proposed in 2025. Coal construction has accelerated since power shortages in 2021 and 2022, supported by Beijing’s view of coal as backup for intermittent renewables. Still, authorities have said coal use will peak before 2030, while the environment ministry in April pledged to “rationally control” coal capacity. Only 3 gigawatts of the new proposals have so far been approved, according to GEM.
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