The Market Monitor Minding the Nation's Business

By Michael Biesecker / The Associated Press Washington—Volkswagen (VW) is far from the first company to stand accused of trying to game required emissions tests. Almost since the passage of the Clean Air Act in the United States in 1970, major manufacturers of cars, trucks and heavy equipment have been caught for using what regulators call “defeat devices”—typically programing a vehicle’s …

Buyers typically don’t associate Kia with luxury, but its 2016 top-level Sorento SX-Luxury model is so robust in its looks, pleasing in its ride and stocked with features that it feels like a luxury sport utility vehicle (SUV).

Three vehicles of Honda Cars Philippines Inc. (HCPI), the automobile business unit of the Japanese motorcycle-maker in the country, bagged prizes at the 11th Annual C! Awards—which honors the best four-wheel and two-wheel vehicles in the nation, based on its editorial team’s reviews—held at the Palms Country Club in Alabang, Muntinlupa City, on September 15.

Review by Mesfin Fekadu / The Associated Press “It was in summer that you left me, the fall and winter never felt so cold, and Lord knows words can never express it, life feels so empty, I miss you much,” Janet Jackson sings about her late brother, Michael Jackson.

New York—Score one for the selfie stick: Cindy Crawford believes those photos of you by you can help boost self-image.

Four of the Philippines’ most popular bands are rocking select shopping malls in Metro Manila as the featured acts of the second edition of the Sync Sessions, which its organizer said is offering “an audio-digital crossover experience” that has musicians combining “good music and cutting-edge technology using Apple devices.”

By Thomas Adamson / The Associated Press Paris—The sky was the limit for powerhouse Christian Dior, which built an entire floral mountain within the Louvre to house its 15-minute show at Paris Fashion Week. On the front row was Rihanna, attracting almost as much attention as the decor. Here are the highlights of last Friday’s shows:

Leading logistics provider DHL and IMG announced recently that Marcel Ostertag of Germany, Sid Neigum of Canada, Atsushi Nakashima of Japan, and Portuguese-born Marta Marques of the United Kingdom are the winners of the DHL Exported Cycle Two Program.

By Luis Leoncio  The Asian Development Bank (ADB) has issued a warning on the adverse impact of the tightening of monetary policies in the United States on foreign capital in the region, including the Philippines. 

As a growing number of local and foreign business groups continued to support a congressional initiative to reduce income and corporate taxes, a former budget official blasted the arguments raised by President Aquino in opposing it.