WASHINGTON (AP) — U.S. President Donald Trump threatened Iran with more bombing Wednesday if it doesn 't reopen the Strait of Hormuz after a report that an agreement is emerging to end the war. Trump posted on social media that the war with Iran could soon end and oil and natural gas...
NEW YORK (AP) — Actors Blake Lively and Justin Baldoni agreed Monday to end their legal feud over the acrimonious production of their 2024 film “It Ends With Us,” averting a trial that threatened to further tarnish their reputations and expose the dark side of Hollywood moviemaking. The...
BEIJING (AP) — China 's foreign minister called for a comprehensive ceasefire in the Iran war and said his country was "deeply distressed" by the conflict that has lasted two months. Wang Yi made the comments Wednesday after meeting with Iranian Foreign Minister Abbas Araghchi, who was...
TACLOBAN CITY – The 8th Infantry Division (ID) has expressed support for the recent security advisory issued by the United States Embassy in the Philippines, warning Americans against engaging with or supporting designated terrorist organizations, particularly in Eastern Visayas. In a statement...
President Marcos told Japanese officials that the Philippines will continue to build on the trilateral ties it established with Japan and the United States. In his meeting with Japanese Defense Minister Koizumi Shinjiro at the Malacañan Palace on Tuesday, May 5, Marcos reaffirmed Manila 's...
The peso is at risk of crumbling to a record low of ₱63 against the United States (US) dollar if a protracted Middle East conflict drives oil prices higher and forces Washington to adopt a more hawkish policy stance. Estimates by the Japanese financial giant MUFG Bank Ltd. show that in a risk...
Malacañang said the Philippine peso breaching another record low value against US dollar was due to "unusually strong" dollar and the ongoing Middle East crisis. In a Palace briefing on Thursday, April 30, Palace Press Officer and Communications Undersecretary said that the weakening of the peso...
Real investment activity in the Philippines risks shrinking during periods of global disruption, especially in scenarios where the United States (US) dollar swings wildly and uncertainty surrounding the American economy intensifies. “Investment declines most sharply when dollar strength and...
BEIJING, China — The trade relationship between two of the world’s largest economies is expected to expand significantly in the near term as China looks to secure bilateral commitments with the United States (US) at the upcoming Asia-Pacific Economic Cooperation (APEC) Summit. Ambassador Chen...
Until a clearer signal emerges from the temporary military truce between the United States (US) and Iran, the Philippine peso stands to sustain additional bruises from the geopolitical tensions that have already battered it, according to Singapore-based Oversea-Chinese Banking Corp. Ltd. (OCBC)....
The peso pierced the ₱61:$1 level on Tuesday, April 28, as the oil-vulnerable local currency continued to weaken amid uncertainties wrought by the prolonged war in the Middle East. As of 1:52 p.m., the peso hit an intraday low of ₱61.08 against the United States (US) dollar after opening...
Ateneo Grade 7 golfer Race Manhit bagged his third straight US Kids Philippines Tour title Sunday, April 26, after an impeccable performance capped by a podium finish at the Aoki course of Eagle Ridge Golf and Country Club. Manhit swept the first four legs of the Boys 13-14 division of the US Kids...
