Breaking News, Latest Philippines Headlines, World, Entertainment, Politics, Weather & Video News
SINGAPORE, Singapore (AFP) — Crude prices dipped in Asia Tuesday but held above $40 as traders looked forward to a summit of key oil producers next week to discuss freezing output and easing the supply glut. Analysts said prices were expected to see-saw ahead of Sunday’s meeting in the Qatari capital Doha that will gather both OPEC producers led by Saudi Arabia and non-OPEC members such as Russia. A major subject for the meeting […]
MANILA, Philippines (AFP) — US and Philippine troops began major exercises on Monday as China’s state media warned “outsiders” against interfering in tense South China Sea territorial disputes. The official Xinhua news agency gave the warning as Manila and Washington launched the 11-day Balikatan (Shoulder-to-Shoulder) exercises with a low-key opening ceremony in Manila. US Defence Secretary Ash Carter is to fly to the Philippines next week to observe live-firing of artillery and visit US Navy ships […]
PARIS, France (AFP) — Countries and mega-cities across Asia are highly exposed to natural hazards ranging from cyclones to earthquakes, but people in sub-Saharan Africa are more vulnerable, according to a report released Wednesday. Nearly 1.4 billion people in South Asia — India, Bangladesh, Pakistan — face at least one major threat from Nature, especially flooding, severe storms boosted by rising seas, and quakes. In the case of Bangladesh, 100 percent of its population is […]
New Delhi, India (AFP)—Asia is “the world’s most dynamic region” but structural reforms are key given its increasing importance to the global economy, International Monetary Fund chief Christine Lagarde said in New Delhi on Saturday. Asia already accounts for 40 percent of the world economy and stands to deliver nearly two-thirds of global growth over the next four years, Lagarde, the IMF managing director, told the Advancing Asia conference in the Indian capital. “Given this vital […]
By Paul Dibb, ANU (Courtesy East Asia Forum) — Since ASEAN’s creation in 1967, it has contributed enormously to regional stability and prosperity. It consists of 10 countries whose populations total over 600 million people. And its economy ranks collectively as the third largest economy in Asia and the seventh largest in the world. In 1994, ASEAN also created another regional organisation — the ASEAN Regional Forum (ARF) — that now consists of 27 countries. […]
Singapore (AFP)—Oil prices recovered in Asia on Monday after a steep fall in the previous session, with US crude back above $30 a barrel as traders mulled the impact of a potential freeze by key producers. Oil spiked sharply last week after major exporters held talks on a potential agreement to reduce a global supply glut that has dragged prices to their lowest levels in nearly 13 years this month. Saudi Arabia and Russia, […]
Myanmar’s navy has brought ashore 200 Bangladeshis found in a boat off its coast, after its military chief said some of the thousands of migrants that have landed in Malaysia and Indonesia this month are pretending to be Rohingya Muslims to get UN aid. In response, a senior U.S. official said on Friday (May 22) that the majority of the more than 3,000 migrants that have come ashore are Rohingya fleeing desperate conditions in Rakhine […]
MAY 1 (Reuters) — Marches in various cities in Asia on Friday (May 1) rallied for workers’ rights on May Day. In Dhaka, thousands of workers took to the streets to demand better working conditions, especially for those working in garment factories. “We don’t want to see anymore Rana Plazas, no more Tazreen in Bangladesh. This means that we want to see the garment industry and the workers who work there have a safe working […]
PHILIPPINE and U.S. soldiers began their biggest combined military exercise in 15 years on Monday (April 20), in a demonstration of Washington’s commitment to its long-time ally as it rebalances to Asia in the face of China’s expansion in the South China Sea. The annual “Balikatan” (shoulder-to-shoulder) war games are part of a new U.S. military initiative known as Pacific Pathways, involving a series of drills across the Asia-Pacific as America deploys more troops, ships […]
Hundreds of thousands of would-be astronauts have been narrowed down to 100 who will proceed to the next round of the Mars One project for a chance to create a human colony on the red planet. The candidates, 50 men and 50 women, come from all around the world. The majority, 39, are from the United States, with 31 from Europe, 16 from Asia, seven from Africa, and seven from Oceania. Student Maggie Lieu, 24, […]
The Philippines is still the top source of migrant workers in Asia due to its neighboring countries experiencing an increase on their aging population.
By Shinichi Saoshiro TOKYO Wed Jul 16, 2014 9:54pm EDT (Reuters) – Asian equities gained early on Thursday, lifted by another record-high close on Wall Street, while the euro probed recent lows against the dollar amid market speculation the U.S. Federal Reserve is tilting toward tighter monetary policy. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.15 percent. Tokyo’s Nikkei gained 0.3 percent. The Dow closed at a record high overnight, boosted by merger […]
