Author: WWC NEWSDESK

Business

‘They Will Just Brainwash Us’: Singaporean Reveals How a ‘Business Opportunity’ Trip to China Turned Into a Suspected Pyramid Scheme

SINGAPORE — What was presented as a chance to explore a lucrative business opportunity in China allegedly became something far more troubling for one Singaporean, who says participants were subjected to relentless presentations and recruitment pitches during a five-day trip to Nanning. His experience has resurfaced as Singapore authorities confirmed that 52 Singaporean citizens have been arrested and detained in Guangxi, China, over suspected pyramid-scheme activities and related offences. Sin

September 4, 2026

Uncategorized

South Korea Takes Circular Economy Education on the Road as Recycling Push Gains Momentum

SEOUL — South Korea is taking its circular-economy message directly into local communities, launching a new education program designed to show people what happens to everyday waste — and how discarded materials can remain valuable resources instead of becoming trash. The Korea Environmental Education Center began the outreach program on Aug. 25 in partnership with Novelis Korea, focusing on resource circulation and the principles of a circular economy. The initiative is scheduled to continue th

September 4, 2026

Business

Axelum’s Surging Stock Is Reportedly Putting MVP’s Takeover Plans on Ice — But Speculators May Be Creating a Bigger Problem

MANILA, Philippines — A powerful stock-market rally may be complicating Manuel V. Pangilinan’s next move in the Philippine coconut industry, with a new report saying Metro Pacific Investments Corp. is prepared to delay a potential takeover of Axelum Resources Corp. as speculative buying pushes the listed coconut exporter’s valuation higher. InsiderPH reported on September 4 that Metro Pacific, which already has a substantial investment in Axelum, had been considering steps that could eventually

September 4, 2026

Business

AI’s Data Center Boom Could Cost US$31.6 Trillion by 2050 — But One Bottleneck Could Stop the Buildout Cold

Global spending on data centers could reach US$31.6 trillion through 2050 as artificial intelligence drives an unprecedented race for computing power, but electricity shortages, chip restrictions and growing public resistance could determine which countries actually cash in on the boom. The global race to build the infrastructure behind artificial intelligence is rapidly becoming one of the biggest capital-investment stories in modern economic history. PricewaterhouseCoopers said in its newly

September 4, 2026

Business

DOT, Klook Renew Tourism Alliance to Put Philippine ‘Hidden Gems’ on the Global Booking Map

MANILA, Philippines — The Department of Tourism and travel platform Klook are expanding their partnership in a renewed push to turn lesser-known Philippine destinations into bookable experiences for both Filipino and international travelers — with provincial tourism businesses expected to play a much bigger role. The DOT and Klook signed a new multi-year Memorandum of Understanding on September 1, extending a partnership that will combine government destination development with Klook’s digital

September 4, 2026

Business

Taiwan’s World Cup Betting Boom Hits NT$8.93 Billion as Online Wagers Overtake Physical Outlets

TAIPEI — The 2026 FIFA World Cup has delivered a major surge in sports-lottery activity in Taiwan, with Taiwan Sports Lottery recording NT$8.93 billion (about US$281 million) in bets during the tournament’s 39-day run. The figure makes this year’s World Cup the company’s second-biggest tournament by betting volume, behind the NT$10.4 billion recorded during the 2022 World Cup. More significantly, the tournament marked a turning point in how people placed their bets: online betting surpassed wag

September 4, 2026

Business

Globe, Chinabank Savings Take Banking Services Straight to Public Schools as Teacher Loans Go Digital

Public school teachers who once had to travel to a bank branch during working hours may increasingly find the bank coming directly to them. Globe Business and Chinabank Savings (CBS) have rolled out a mobile field-banking initiative designed to let CBS officers process selected financial services at school sites, potentially making loan applications, account concerns and other transactions easier for educators—particularly those working far from commercial centers. Under the partnership, CBS f

September 4, 2026

Sport

Cole Houshmand Stuns Gabriel Medina as Erin Brooks Completes Back-to-Back Fiji Pro Triumphs

CLOUDBREAK, Fiji — Cole Houshmand produced one of the biggest turnarounds of his 2026 season at Cloudbreak, overcoming a perfect 10 from three-time world champion Gabriel Medina to win the Fiji Pro, while Canadian teenager Erin Brooks completed a remarkable run of back-to-back Championship Tour victories. The American defeated Medina 16.87–15.17 in a dramatic men's final in powerful six-to-eight-foot surf, securing his third Championship Tour victory. For Brooks, the celebration came with a bi

September 4, 2026

Sport

US Open Influencer Boom Sparks Tennis Etiquette Debate as Ring Lights and Cameras Disrupt Matches

NEW YORK — The U.S. Open is becoming more than a Grand Slam tennis tournament. It is increasingly a social-media spectacle — and that transformation is triggering a growing debate over where content creation ends and basic tennis etiquette begins. Influencers and content creators armed with smartphones, cameras and ring lights have become a highly visible presence at this year's tournament in New York. But several incidents involving filming and photography during matches have raised concerns a

September 4, 2026

Business

GCash’s P92.32-B IPO Gets SEC Green Light — But One Number Could Decide Whether Investors Buy In

MANILA, Philippines — GCash is one major step closer to making Philippine stock-market history. The Securities and Exchange Commission has cleared the registration of GCash operator Mynt Inc. for an initial public offering that could reach as much as P92.32 billion, potentially smashing the Philippine record for the biggest IPO ever completed on the local stock exchange. But behind the blockbuster headline is a detail investors may want to examine closely: most of the shares being sold are not

September 4, 2026