The Philippine Stock Exchange index (PSEi) dipped marginally on Wednesday, June 10, after shots were again fired between the United States (US) and Iran as the prolonged conflict approached its 100th day. The main index shed 4.35 points, or 0.07 percent, to close at 5,941.36. Mining and oil stocks...
DUBAI, United Arab Emirates (AP) — A U.S. Army Apache attack helicopter crashed near the Strait of Hormuz, with President Donald Trump saying the two crew members on board were “fine” after the incident involving the strategic waterway, which remains under a chokehold by Iran. What caused...
The United States (US)-Association of Southeast Asian Nations (ASEAN) Business Council Inc. (USABC) is urging Southeast Asian governments to accelerate customs digitalization, harmonize trade procedures, strengthen anti-illicit trade enforcement, and deepen public-private cooperation to bolster...
ABOARD THE RFA LYME BAY (AP) — Aboard the RFA Lyme Bay docked off the coast of Gibraltar, hundreds of British sailors are waiting to be deployed for a mine-clearing mission to the Strait of Hormuz that is still in doubt. U.S. President Donald Trump has lashed out at allies for not doing more to...
The seven Filipino seafarers who were injured in a drone attack on a container ship passing the Strait of Hormuz are now in stable condition, the Department of Migrant Workers (DMW) said. In fact, DMW Secretary Hans Leo Cacdac said two of them are now preparing to go back to the Philippines after...
DUBAI, United Arab Emirates (AP) — A ship anchored off the United Arab Emirates was seized and taken toward Iran and another — a cargo ship near Oman — sank after being attacked, authorities said Thursday, as tensions escalated near the Strait of Hormuz . It wasn 't immediately clear...
Seven Filipino seafarers were injured in the drone attack by Iran on a container ship passing the Strait of Hormuz, the Department of Migrant Workers (DMW) confirmed on Thursday, May 7. DMW Secretary Hans Leo Cacdac said four of the Filipino seafarers suffered minor injuries while the three are...
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...
WASHINGTON (AP) — White House officials are pressing China to use its influence with Iran to open the Strait of Hormuz just days before President Donald Trump and Chinese President Xi Jinping 'shighly anticipated summit in Beijing. Secretary of State Marco Rubio called on Chinese officials...
DUBAI, United Arab Emirates (AP) — The U.S. military said it fired on Iranian forces and sank six small boats targeting civilian ships as it moved to reopen the Strait of Hormuz on Monday. The United Arab Emirates, a key American ally, said it had come under attack from Iran for the first...
The Department of Migrant Workers said on Saturday, May 2, that around 1,300 Filipino seafarers have safely crossed the Strait of Hormuz while 14 others are attempting to traverse the waterway amid the ongoing ceasefire in the Middle East crisis. "Sa Strait of Hormuz naman, ang minamanmanan natin...
CAIRO (AP) — Iran has offered to end its chokehold on the Strait of Hormuz in exchange for the U.S. lifting its blockade on the country and an end to the war, while proposing that discussions on the larger question of its nuclear program would come in a later phase, two regional officials said...