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Wall Street fell on Friday as rate-sensitive technology and growth stocks dropped after hotter-than-expected producer prices data for July sent US bond yields higher. Photograph: Michael M. Santiago/Getty Images

European shares fell on Friday as concerns that global interest rates could stay elevated for longer took centre stage, while UBS shares jumped after…

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When the Chinese envoy Li Hui arrived in Saudi Arabia, to join international talks on a peace deal for Ukraine this week, it was a pointed contrast with Beijing’s decision to skip a similar forum in Copenhagen in June.

At the summit, which excluded Russia, Ukraine’s leader Volodymyr Zelenskiy promoted his vision for…

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Good day. Here are the stories for The Manila Times for Saturday, August 12, 2023.

Today’s episode is brought to you by Wilcon Depot, The Philippines’ leading home improvement and construction supplies retailer—your Trusted Building Partner.

Get the latest news

delivered to your inbox Sign up for The Manila Times newsletters By signing up with…

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The AI frenzy has gained most of its traction in China, where companies like Alibaba and ByteDance rush to enter the generative AI world. Financial Times reports that Chinese tech behemoths have reportedly ordered $5 billion worth of AI GPUs from NVIDIA, taking things to the next level.

Chinese Tech Companies…

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What you need to know

A group of Chinese hackers breached Microsoft email accounts belonging to two dozen government agencies in July, though the issue has been mitigated.

A cybersecurity advisory panel commissioned by U.S. President Biden’s administration, dubbed the Cyber Safety Review Board, has launched an investigation into the risks of cloud computing.

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What you need to know

A group of Chinese hackers breached Microsoft email accounts belonging to two dozen government agencies in July, though the issue has been mitigated.

A cybersecurity advisory panel commissioned by U.S. President Biden’s administration, dubbed the Cyber Safety Review Board, has launched an investigation into the risks of cloud computing.

...Click here to read more »

The Greenland shark is the poster child for animals with extreme longevity – and with good reason. As the longest-living vertebrates on Earth, they develop incredibly slowly in their frosty Arctic home, but when it comes to the longest-living animals on Earth, they’re not all that.

"The Longest Living Animal On…

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The Dow Jones Industrial Average turned slightly higher in morning trade Friday after giving back nearly all of a 1.3% intraday gain Thursday. Sellers hit technology stocks this morning, but the Nasdaq composite pared losses.

X

Early gainers in the Dow Jones today included Walmart (WMT).

Dow Jones Turns Higher, Nasdaq Pares Losses…

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The Dow Jones Industrial Average turned slightly higher in morning trade Friday after giving back nearly all of a 1.3% intraday gain Thursday. Sellers hit technology stocks this morning, but the Nasdaq composite pared losses.

X

Early gainers in the Dow Jones today included Walmart (WMT).

Dow Jones Turns Higher, Nasdaq Pares Losses…

...Click here to read more »

TALLINN, Estonia (AP) — A rocket carrying a lunar landing craft blasted off Friday on Russia’s first moon mission in nearly 50 years, racing to land on Earth’s satellite ahead of an Indian spacecraft.

The launch from Russia’s Vostochny spaceport in the Far East of the Luna-25 craft to the moon is Russia’s…

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