Tag: china

Hong Kong stocks finish week with losses

HONG KONG, China (AFP) — Hong Kong stocks ended the week with losses on lingering China-US trade worries with traders also fretting over Donald Trump’s decision to call off his summit with North Korea’s Kim Jong Un. The Hang Seng Index fell 0.56 percent, or 172.37 points, to 30,588.04. The benchmark Shanghai Composite Index slipped 0.42 percent, or 13.35 points, to 3,141.30 and the Shenzhen Composite Index, which tracks stocks on China’s second exchange, dropped […]

BoC seizes P36.5 million worth of smuggled cigarettes in Manila port

(Eagle News) — The Bureau of Customs (BoC) on Thursday, May 24, intercepted P36.5 million worth of smuggled cigarettes at the Manila International Container Port (MICP). In a statement, the BoC said it would file charges for violation of the Customs Modernization and Tariff Act against the five consignees responsible for the seven container vans  containing “947 cartons of More cigarettes and 53 cartons of Marvels cigarettes, 950 boxes of Mighty cigarettes, boxes of apples mixed with […]

Pentagon pulls China’s invite to Pacific naval exercises

by Thomas WATKINS Agence France Presse WASHINGTON, United States (AFP) — The Pentagon has pulled its invitation for China to join maritime exercises in the Pacific because of Beijing’s “continued militarization” of the South China Sea, an official said Wednesday, in the latest sign of US-China strains. China hit back at the decision, calling it “very non-constructive” and saying it was taken without due reflection. Personnel from more than two dozen countries train together and […]

China hopes US-N. Korea summit will happen on schedule

WASHINGTON, United States (AFP)–China hopes the historic summit between US President Donald Trump and North Korean leader Kim Jong Un will take place June 12 as planned, its top diplomat said Wednesday. “If you want to solve the moment now is the time, if you want peace now is the time, if you want to make history now is the time,” Chinese Foreign Minister Wang Yi said Wednesday in Washington, alongside his counterpart Mike Pompeo. […]

MH370 search under review, may be scrapped: Mahathir

  KUALA LUMPUR, Malaysia (AFP) — The hunt for missing flight MH370 is being reviewed and may be scrapped, Malaysia’s prime minister said Wednesday, as the country’s new government seeks cuts in public spending. The Malaysia Airlines jet disappeared in March 2014 with 239 mostly Chinese people onboard while en route from Kuala Lumpur to Beijing. No sign of the plane was found in a 120,000 square kilometers (46,000 square mile) sea search zone and […]

DFA taking “appropriate diplomatic action necessary” to protect PHL claims in disputed seas

  (Eagle News) — The Department of Foreign Affairs said that it is “taking the appropriate diplomatic action necessary to protect” the Philippine claims on disputed territories in the South China Sea in view of recent developments in the region. In a statement, the DFA reiterated its “commitment to protect every single inch of our territory and areas which we have sovereign rights over.” “We are taking the appropriate diplomatic action necessary to protect our […]

DFA, patuloy ang gagawing monitoring sa West PHL Sea; hindi isasapubliko ang bawat hakbang

(Eagle News) — Patuloy namang i-momonitor ng Department of Foreign Affairs (DFA) ang anumang developments sa West Philippine Sea. Kasunod ito ng napaulat na paglapag ng China ng H-6K bomber aircraft sa man-made islands sa pinag-aagawang teritoryo. Pero ayon sa DFA, hindi isasa-publiko ng gobyerno ng Pilipinas ang bawat hakbang na gagawin kaugnay sa diplomatic row. “While appropriate language, whether expressions of condemnation or concern, over certain developments are clearly conveyed through diplomatic channels, it […]

PHL to bring up China’s militarization of West PHL Sea in next bilateral consultation with China

  (Eagle News) — Malacanang expresses “serious concern” about the reports of alleged Chinese militarization of the West Philippine Sea, and will bring this up in the next Bilateral Consultation Mechanism with China this year. Presidential Spokesperson Harry Roque Jr., said that they still have “no independent verification” of reports that China had landed several bombers on an island in the disputed South China Sea. “We have no independent verification. Nonetheless, we take note of […]

China satellite heralds first mission to dark side of Moon

BEIJING, China (AFP) — China launched on Monday a relay satellite that will allow a rover to communicate with the Earth from the far side of the Moon during an unprecedented mission later this year. The Queqiao (“Magpie Bridge”) satellite was blasted into space from the southwestern Xichang launch center in the pre-dawn hours, according to the China National Space Administration. The satellite split from its carrier, a Long March-4C rocket, after 25 minutes and unfolded […]

Tatlong Balangay nakabalik na mula sa 22 araw na expedition sa China

Ni Nora Dominguez Eagle News Service SAN FERNANDO CITY, La Union (Eagle News) – Dumaong sa Puro Point sa San Fernando City, La Union ang tatlong barko na binansagang Balangay matapos ang 22 araw na expedition sa China noong Mayo 19. Pinangunahan ni Undersecretary Arturo Valdez ang 33 na miyembro ng crew ng tatlong Balangay mula sa 22 araw na expedition. Abril 28 nang magsimulang lumayag ang mga ito patungong Xiamen, China. Ayon kay Valdez, anim […]

US, China back off on tariffs, easing trade tensions

WASHINGTON, United States (AFP) — US Treasury Secretary Steven Mnuchin confirmed Sunday that Washington and Beijing have agreed to back off from imposing tariffs on each other, a day after reaching an accord on slashing the American trade deficit with China. “We have made very meaningful progress and we agreed on a framework,” Mnuchin told Fox News Sunday. “So right now we have agreed to put the tariffs on hold while we try to execute […]