Category Archives: business

Frankie makes much-awaited tour return at Del Monte stop

A lot of eyes will be on three Bukidnon natives when the P3.5 million ICTSI Del Monte Championship gets underway on Tuesday.

Two of them have been given more than a fair chance to prevail as the Philippine Golf Tour enters its concluding three-leg swing in Mindanao.

However, the third native, arguably the biggest pro, adds an interesting dynamic to the competition.
https://sports.inquirer.net/644095/frankie-makes-much-awaited-tour-return-at-del-monte-stop

ノーベル経済学賞に米大教授ら3氏 技術革新で経済成長解明

ノーベル経済学賞に米大教授ら3氏 技術革新で経済成長解明

2025年10月14日 6:00 【有料会員限定記事】

【ストックホルム共同】スウェーデンの王立科学アカデミーは13日、2025年のノーベル経済学賞を米ノースウエスタン大学のジョエル・モキイア教授(79)ら3人に授与すると発表した。授賞理由は「イノベーションと技術革新が経済成長に及ぼすメカニズムの解明」に貢献したことによる。

詳細な内容は有料会員限定でご覧いただけます。残り696文字。

7日間無料トライアル実施中。1日わずか37円で読み放題、年払いならさらにお得です。

※クリップ機能は有料会員のみご利用いただけます。

https://www.nishinippon.co.jp/item/1410858/

Mixed price adjustments:  Gasoline up, kerosene down

MANILA, Philippines — There will be mixed fuel price adjustments starting Tuesday, Oct. 14, with only the price of gasoline going up.

In an advisory on Monday, Jetti Petroleum and Seaoil announced that they would hike the price of gasoline per liter by 30 centavos.

“Gasoline remained supported due to an uptick in domestic demand,” the companies said.

https://business.inquirer.net/552481/mixed-price-adjustments-gasoline-up-kerosene-down

More BSP rate cuts likely ahead, says Fitch unit

MANILA, Philippines – A solid cushion of foreign reserves and an anticipated easing action by the US Federal Reserve (Fed) this month could give the Bangko Sentral ng Pilipinas (BSP) room to front-load further rate cuts.

This move would support economic growth without putting too much pressure on the peso.

In a note to clients, BMI Research, a unit…
https://business.inquirer.net/552414/more-bsp-rate-cuts-likely-ahead-says-fitch-unit

Trump arrives in Egypt for Gaza Summit, urges Israel to seize chance for peace

**Trump’s Whirlwind Middle East Trip Aims to Cement Fragile Hope for Peace**

Former U.S. President Donald Trump’s whirlwind visit to the Middle East included a high-profile speech at the Knesset in Jerusalem and participation in a regional summit, marking a fragile moment of hope for ending over two years of conflict between Israel and Hamas.

More than two dozen countries were expected to be represented at the summit, co-hosted by Trump and Egyptian President Abdel-Fattah el-Sissi. Israeli Prime Minister Benjamin Netanyahu was invited but declined to attend, with his office citing proximity to a Jewish holiday as the reason for his absence, according to AP.

Despite lingering questions over next steps in Gaza — which has been devastated during the conflict — Trump appeared determined to seize this opportunity to foster regional stability.

### “You’ve Won” — Trump’s Message to Israel

Addressing Israeli lawmakers at the Knesset, which welcomed him warmly, Trump declared, “You’ve won. Now it is time to translate these victories against terrorists on the battlefield into the ultimate prize of peace and prosperity for the entire Middle East.”

He pledged U.S. support to help rebuild Gaza and urged Palestinians to “turn forever from the path of terror and violence.” Trump emphasized, “After tremendous pain and death and hardship, now is the time to concentrate on building their people up instead of trying to tear Israel down.”

Turning to Iran, Trump extended a gesture of diplomacy, stating that “the hand of friendship and cooperation is always open,” despite earlier tensions — including the U.S. bombing of three nuclear sites amid Iran’s brief war with Israel earlier this year.

### Summit and Hostage Release

Trump arrived in Egypt hours late after speeches at the Knesset ran longer than expected. Commenting on the delay, he joked, “They might not be there by the time I get there, but we’ll give it a shot,” teasing Israeli leaders for their lengthy speeches.

The summit coincided with the release of 20 hostages on Monday, part of an agreement aimed at ending the war that began on October 7, 2023, after Hamas killed over 1,000 Israelis. Trump met with some of the hostages’ families at the Knesset, where a woman told him, “Your name will be remembered to generations.”

Throughout his visit, Israeli lawmakers repeatedly chanted Trump’s name and gave standing ovations. Some attendees wore red hats reminiscent of Trump’s “Make America Great Again” caps, with slogans reading “Trump, The Peace President.”

### Netanyahu’s Praise and Trump’s Unexpected Call for Pardon

Although Netanyahu did not attend the summit, he hailed Trump remotely, calling him “the greatest friend Israel has ever had in the White House,” and vowed to collaborate closely in pursuit of peace.

“Mr. President, you are committed to this peace. I am committed to this peace. And together, Mr. President, we will achieve this peace,” Netanyahu said.

In an unexpected move during his speech, Trump called on the Israeli president to pardon Netanyahu, whom he described as “one of the greatest” wartime leaders. Netanyahu currently faces corruption charges, though several court hearings were postponed during the conflict with Hamas.

Trump also used the occasion to settle political scores by criticizing Democratic predecessors and acknowledging top donor Miriam Adelson, who was present in the audience.

### The Delicate Road Ahead: Gaza Ceasefire and Regional Rebuilding

Despite the ceasefire, the situation in the region remains fragile. Israel and Hamas are still implementing the initial phase of Trump’s peace plan, which includes releasing the remaining hostages held by Hamas, freeing hundreds of Palestinian prisoners held by Israel, a surge of humanitarian aid to Gaza, and a partial withdrawal of Israeli forces from Gaza’s main cities.

Trump emphasized the window of opportunity for reshaping the region and resetting strained relations between Israel and its Arab neighbors. “The war is over, OK? I think people are tired of it,” he told reporters aboard Air Force One, expressing confidence that the ceasefire would hold.

He credited his Republican administration’s strong support for Israel’s efforts against Iranian proxies like Hamas in Gaza and Hezbollah in Lebanon as key to this momentum.

The White House noted growing momentum as Arab and Muslim states increasingly focus on resolving the broader Israeli-Palestinian conflict, with some deepening ties with the U.S.

### Vision for Gaza’s Future: From “Demolition Site” to Rebuilding

Back in February, Trump predicted Gaza could be redeveloped into what he called “the Riviera of the Middle East.” However, during his recent trip, he was more cautious.

“I don’t know about the Riviera for a while. It’s blasted. This is like a demolition site,” Trump said. He expressed hope to visit Gaza one day, saying, “I’d like to put my feet on it, at least.”

The parties have yet to agree on Gaza’s postwar governance, reconstruction, and Israel’s demand that Hamas disarm. Negotiations remain delicate, and Israel has indicated it may resume military operations if its demands are not met.

Much of Gaza remains in ruins, and its roughly 2 million residents continue to face desperate humanitarian conditions.

### Ceasefire Enforcement and Humanitarian Aid

Under the ceasefire deal, Israel has agreed to reopen five border crossings, easing the flow of food and supplies into Gaza, where parts of the population are experiencing famine.

Approximately 200 U.S. troops will assist in monitoring the ceasefire, working alongside partner nations, non-governmental organizations, and private-sector players to help stabilize the situation.

Trump’s trip underscores a critical juncture for peace efforts in the Middle East, carrying both cautious optimism and the weighty challenge of rebuilding a war-torn region. The coming weeks and months will reveal whether this fragile hope can be transformed into lasting peace and prosperity.
https://www.mid-day.com/news/world-news/article/gaza-ceasefire-trump-reaches-egypt-urges-israel-to-seize-ultimate-prize-for-peace-and-prosperity-23598540

Broadcom will make custom AI chips for OpenAI

**Broadcom to Develop Custom AI Chips for OpenAI**

*By Dwaipayan Roy | Oct 13, 2025, 07:54 PM*

OpenAI has announced a strategic partnership with Broadcom to develop its first in-house artificial intelligence (AI) processors. This move is part of OpenAI’s plan to keep pace with the rapidly growing demand for its AI services.

Under the agreement, OpenAI will take the lead in designing these custom chips, while Broadcom will handle their development and deployment starting in the second half of 2026.

**Massive Energy Consumption**

The upcoming custom AI chips are projected to consume a total of 10 gigawatts (GW) of power. To put this into perspective, that’s enough electricity to power over eight million U.S. households — roughly five times the output of the Hoover Dam.

This deal highlights the massive investments being poured into AI chip technology across the tech industry, reflecting an ongoing race to build computing systems capable of matching or surpassing human intelligence.

**Expanding Strategic Partnerships**

This partnership follows closely on the heels of OpenAI’s recent 6GW AI chip supply agreement with AMD, which also includes an option for OpenAI to acquire a stake in the chipmaker. Additionally, NVIDIA recently announced plans to invest up to $100 billion in OpenAI and supply data-center systems with at least 10GW of capacity.

“Partnering with Broadcom is a critical step in building the infrastructure needed to unlock AI’s potential,” said Sam Altman, CEO of OpenAI.

**Aligning with Industry Leaders**

By teaming up with Broadcom, OpenAI aligns itself with major cloud-computing giants like Google and Amazon, both of which are developing custom AI chips to address soaring demand and reduce reliance on NVIDIA’s high-cost, limited-availability processors.

However, some similar initiatives by companies like Microsoft and Meta have faced delays or failed to match NVIDIA’s performance, highlighting the challenges in developing competitive AI hardware.

**Deployment Timeline and Technical Edge**

The deployment of these new AI chips is expected to be completed by the end of 2029. This effort will build upon OpenAI’s existing co-development and supply partnerships.

The new systems will be scaled entirely using Broadcom’s Ethernet and networking technologies, potentially giving them an edge over competitors such as Marvell Technology. Moreover, this strategy aims to challenge NVIDIA’s dominant InfiniBand networking solutions in the AI data-center market.

OpenAI’s collaboration with Broadcom marks a significant milestone in the evolving AI hardware landscape, signaling robust growth and fierce competition in the race to power next-generation artificial intelligence.
https://www.newsbytesapp.com/news/science/openai-partners-with-broadcom-to-develop-custom-ai-chips/story

PVL: Bella Belen takes in many lessons from loss to PLDT

MANILA, Philippines — In a One Sports’ Ask Me Anything session on Reddit eight months ago, Bella Belen gamely answered PLDT when asked which among the PVL clubs she fancies playing for if there was no rookie draft.

Of course, Belen ended up playing for Capital1, which drafted her first overall last June.

On Monday,

https://sports.inquirer.net/644049/pvl-bella-belen-takes-in-many-lessons-from-loss-to-pldt

日本ハム・清宮幸「初戦が大事」 15日からソフトバンク戦

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スポーツ 日本ハム・清宮幸「初戦が大事」 15日からソフトバンク戦

2025/10/13 17:05 (2025/10/13 17:07 更新) [有料会員限定記事]

クライマックスシリーズ(CS)ファーストステージ突破から一夜明けた13日、日本ハムはエスコンフィールド北海道で練習を行いました。フリー打撃などで汗を流した日本ハムの清宮幸選手は、「初戦が大事」と語り、15日に始まるリーグ覇者ソフトバンクとの戦いに向けて意気込みを示しました。

(この記事は有料会員限定です。残り203文字。7日間無料トライアル、1日37円で読み放題。年払いならもっとお得。)

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https://www.nishinippon.co.jp/item/1410755/

ノーベル経済学賞に米大教授ら 「技術革新による成長の解明」

ノーベル経済学賞に米大学教授ら 「技術革新による成長の解明」

(2025年10月13日 19:31 更新)

※この記事は有料会員限定です。

【ストックホルム共同】スウェーデンの王立科学アカデミーは13日、2025年のノーベル経済学賞を米ノースウエスタン大学のジョエル・モキイア教授ら3人に授与すると発表しました。

授賞理由は「イノベーション(技術革新)による経済成長のメカニズムの解明」です。

なお、この記事の続きをご覧いただくには、有料会員登録が必要です。7日間の無料トライアルのほか、1日あたり37円の読み放題プランもご利用いただけます。年払いプランでさらにお得にご利用可能です。

クリップ機能は有料会員限定のサービスです。

https://www.nishinippon.co.jp/item/1410788/

PVL: PLDT off to rousing start after sweep of Capital

MANILA, Philippines — PLDT continued its impressive run by spoiling Bella Belen’s official debut with a straight-set victory over Capital1 in the PVL Reinforced Conference on Monday at Smart Araneta Coliseum. The High Speed Hitters secured the win with a score of 25-22, 25-20, 25-23.

Coming off back-to-back title sweeps in the PVL on Tour and Invitational, PLDT extended their winning streak, showcasing their dominance in the league. The team’s strong performance highlighted their determination to maintain momentum throughout the conference.
https://sports.inquirer.net/644038/pvl-pldt-off-to-rousing-start-after-sweep-of-capital