International Finance Corp. (IFC) has approved its planned investments in two private equity (PE) funds that are eyeing investments in the Philippines and the broader Southeast Asian region. In disclosures last May 7 and April 24, respectively, the World Bank Group’s (WBG) private-sector lending...
Whisky and cocktails tend to carry their own rituals. Some prefer a slow pour in a quiet bar. Others move from one round to the next in louder rooms, stretching the night a little longer than planned. At Newport World Resorts, the week unfolds as a celebration of both World Whisky Day on May 13 and...
KYIV, Ukraine (AP) – A contemporary art fair has been held in the Ukrainian capital with an unusual premise: That art can help a society come to terms with what war has made normal. “Holding the event during wartime means not waiting for a better moment, but working with reality as it is,”...
WASHINGTON (AP) — Long before this week 's trip to China, President Donald Trump was already predicting on social media that his Chinese counterpart, Xi Jinping, would “give me a big, fat hug when I get there.” But Beijing’s deep economic ties to Iran, as well as trade tensions over...
BANGKOK (AP) – Thailand ’s former Prime Minister Thaksin Shinawatra, whose 21st-century political odyssey sharply divided Thai society for decades, was released from a Bangkok prison on Monday after serving eight months of a one-year sentence for a corruption-related charge. A crowd of about...
TENERIFE, Canary Islands (AP) – Passengers evacuated from the hantavirus-hit cruise ship began flying home aboard military and government planes Sunday after the vessel anchored in the Canary Islands, with one American testing positive and a French traveler developing symptoms for the pathogen...
By Jinggoy I. Salvador Have a rare encounter with a Philippine eagle, the Philippine National Bird; dare a vertical challenge up magnificent Mt. Apo, the country’s highest peak; marvel in the dazzling hues of the Waling-waling orchids, the Queen of Philippine Orchids; feast on the exotic durian,...
Babymonster , the rising K-pop girl group under YG Entertainment , is set to embark on its second world tour titled “Choom.” On May 11, YG Entertainment unveiled the Asia and Oceania dates of the tour following the earlier announcement of the Seoul and Japan legs. Babymonster will officially...
Aramco, the world’s largest oil company, said Sunday its first quarter profit jumped 25% as the Iran war disrupted oil supplies and raised prices. Dhahran, Saudi Arabia-based Aramco said it successfully shifted some oil exports to a pipeline to avoid the Strait of Hormuz, which has been...
BEIRUT (AP) — Nobel Peace laureate and activist Narges Mohammadi has been transferred to a Tehran hospital more than a week after collapsing in prison, her foundation said Sunday. Her transfer comes after days of pleading by her family and others who described her condition as critical. Her...
CHICAGO (AP) — For Michael Winger, 1 was the loneliest number. And for the Washington Wizards, it was the best ping-pong ball. Let 's explain: Winger, the president of Monumental Basketball, was the Wizards ' representative inside the sequestered room where the NBA draft lottery was...
CASABLANCA, Morocco (AP) — The remains of a U.S. soldier who went missing during military exercises in Morocco a week ago were recovered in the Atlantic Ocean, the army said Sunday. Military teams were still searching for a second missing soldier. The remains were those of 1st Lt. Kendrick...
