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HONG KONG, China (AFP) — Asian stocks mostly fell Monday morning, as US President Donald Trump lashed out at “not fair and open” trade practices and China’s central bank governor warned of excessive debt. Trump began his marathon Asia tour in earnest Monday by criticising the trade relationship with Japan, saying that the close Washington ally had been “winning” for decades at the expense of the United States. In particular, Trump’s criticism of “massive trade […]
HONOLULU, United States (AFP) — US President Donald Trump paid a somber visit to Pearl Harbor ahead of his first official trip to Asia, also meeting with military officials overseeing US operations in the Pacific region. Trump and his wife Melania tossed white pikake flower petals into the waters at the USS Arizona memorial, where hundreds of US service members died when Japan launched a surprise attack in 1941, triggering the US entry into […]
US President Donald Trump has decided at the last minute to extend a marathon trip to Asia, after criticism that he was expected to miss an East Asia regional summit. “We’re actually staying an extra day in the Philippines,” Trump said on departure Friday, a decision that was confirmed by senior White House officials. President Trump departed Washington for an almost two week trip to Asia Friday. Trump left Joint Base Andrews bound for […]
HONG KONG, China (AFP) – Asian stocks edged up Thursday on strong US growth forecasts, as traders braced for a series of key economic announcements. The muted start to trading comes ahead of the US House Republicans’ tax announcement and confirmation of President Donald Trump’s pick for the new Federal Reserve chair, as well as an important Bank of England meeting. Investors in Tokyo and Hong Kong built moderately on overnight gains in most world […]
(Eagle News) – United States President Donald Trump will be in the country for only two days during the 31st Association of Southeast Asian Nations (ASEAN) Summit and Related Meetings, and will also have a bilateral meeting with President Rodrigo Duterte. This was confirmed by Foreign Affairs Secretary Alan Peter Cayetano, saying that Trump will only be in the country from November 12 to 13. Presidential Spokesperson Ernesto Abella also said that Trump will […]
by Peter Stebbings Agence France-Presse SHANGHAI, China (AFP) — Defending champion Hideki Matsuyama admitted on Wednesday that he is under pressure to replicate the storming performance that propelled him to WGC-HSBC Champions glory in Shanghai one year ago. The Japanese opens his defense of “Asia’s major” on Thursday alongside world number one Dustin Johnson of the United States and fast-rising Spaniard Jon Rahm. The trio are among the headline attractions of a star-studded field at the $9.75 […]
by Jerome Cartillier Agence France Presse WASHINGTON, United States (AFP) — US President Donald Trump will meet several key Asian leaders next month, including Philippine President Rodrigo Duterte, on a tour otherwise dominated by efforts to isolate North Korea. Trump’s first Asian tour as president will take him to Japan, South Korea, China, Vietnam and the Philippines, where he will attend the summit of ASEAN, the southeast Asian bloc. The United States has important trade […]
The Philippine economy should continue to grow robustly in the short term despite threats, Moody’s Investors Service said. In a report, the credit ratings agency said the “re-emergence of conflict in the southern Philippines, as well as the Duterte administration’s focus on the eradication of illegal drugs,” are an “unlikely risk of a deterioration in economic performance and institutional strength” despite them being “rising” threats. According to Moody’s, sound economic and fiscal policies including a focus […]
HONG KONG, China (AFP) — Asian markets struggled on Tuesday while the safe-haven yen and gold held gains as traders fret over North Korea’s nuclear test at the weekend, which prompted warnings of US military action. The US ambassador to the United Nations Nikki Haley told an emergency Security Council meeting that Pyongyang was “begging for war” and called for the “strongest possible measures” against Kim Jong-Un’s regime. Also, US President Donald Trump and his […]
HONG KONG, China (AFP) — Most Asian markets rose on Tuesday ahead of a closely watched meeting of central bankers later in the week, although there remain concerns about Donald Trump’s economic agenda and geopolitical crises. Equities have been struggling in recent weeks owing to the ongoing stand-off between the United States and North Korea, which has been compounded by Thursday’s terror attack in Barcelona. The US president’s woes have fuelled speculation he will struggle […]
HONG KONG, China (AFP) — Asian traders moved cautiously Monday with turmoil in the White House fueling concerns about Donald Trump’s economic agenda, as a central bankers’ summit comes into view later in the week. While tensions over North Korea have eased, the deadly terror attack in Barcelona on Thursday is keeping focus on geopolitical issues. United States dealers provided a negative lead for their Asian counterparts, with all three main New York indexes ending […]
Statement of National Economic and Development Authority (NEDA) chief and Socio Economic Planning Secretary Ernesto Pernia: “With our country growing at 6.5 percent in the second quarter of 2017, I am pleased to inform you that we remain as one of the best-performing economies in Asia. We are well on track to meeting our full-year target growth of 6.5 to 7.5 percent. We have overtaken Vietnam’s 6.2 percent growth and Indonesia’s 5.0 percent […]
