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Moody's affirmed the Philippines' BAA2 rating with a stable outlook.

2026-08-24

Moody's affirmed the Philippines' BAA2 rating with a stable outlook.

Other News
2026-08-24

According to Kpler tracking data, oil flows through the Strait of Hormuz have dropped to 6.7 million barrels per day, and ship traffic has decreased significantly.

According to Kpler tracking data, oil flows through the Strait of Hormuz have dropped to 6.7 million barrels per day, and ship traffic has decreased significantly.
2026-08-24

XPeng Inc. -W (09868.HK) is due to report Q2 results on Monday. Visible Alpha’s analyst survey projects a net loss widening to 718.6 mln yuan (about $106.9m) from 477.8 mln yuan a year earlier, with revenue up 13% YoY to 20.69 bln yuan. CITIGROUP exp

XPeng Inc. -W (09868.HK) is due to report Q2 results on Monday. Visible Alpha’s analyst survey projects a net loss widening to 718.6 mln yuan (about $106.9m) from 477.8 mln yuan a year earlier, with revenue up 13% YoY to 20.69 bln yuan. CITIGROUP expects Q2 vehicle gross margin of 12.5% (Q1: 12.1%; YoY: 14.3%). Citi flags Q3 delivery guidance may be about 130,000 units versus market consensus ~150,000 as the company needs time to ramp the new L03 SUV; monitor whether L03 Production can be raised quickly without noticeably squeezing M03 sedan volumes. On exports, Citi sees Q4 export share possibly near 20% of deliveries versus ~10% in Q3; watch XPeng’s ability to accelerate overseas expansion while maintaining higher gross margins.
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