Myanmar situation a ‘textbook example of ethnic cleansing’ — UN

GENEVA -- The UN human rights chief on Monday slammed Myanmar’s apparent “systematic attack” on the Rohingya minority, warning that “ethnic cleansing” seemed to...

Harvey-struck Texas counties face blow to property tax take

NEW YORK — Texas communities flooded by Hurricane Harvey could see their property tax revenues sink, a financial blow that would leave many cities...

Peso dips amid lack of fresh leads

THE PESO traded sideways on Monday as it consolidated below P50 trading level amid the lack of fresh leads. The local currency closed at P50.905...

UN Security Council to vote on weakened North Korea sanctions

UNITED NATIONS/SEOUL -- The UN Security Council is set to vote on Monday on a watered-down US-drafted resolution to impose new sanctions on North...

Davao skyscraper height limits out by end-2017

DAVAO CITY — With more high-rise condominiums mushrooming in the city amid a robust real estate sector, the local government is rushing to piece...

Stocks inch higher as investors look for drivers

THE MAIN INDEX posted an uptick on Monday amid slower economic activity, with market focus on the havoc wreaked by Hurricane Irma in the...

Moody’s: factory growth slowed in July

FACTORY OUTPUT likely kept growing in July, though at a milder pace, on the back of demand for capital goods and food products, Moody’s...

Public infrastructure spending sustains double-digit pace of increase

GOVERNMENT disbursements on infrastructure and other capital outlays surged by a fourth as the third quarter began, marking the third straight month of double-digit...

Credit investors scour the world for niche opportunities

SAN FRANCISCO -- The hunt for yield in the credit markets has led large investors to companies in Indonesia, financing the Brazilian soybean trade...

On wanting to be a hero

By Amelia H. C. Ylagan
Today, Sept. 11, is the 100th birth anniversary of the late dictator Ferdinand Edralin Marcos. That his birthday is grandly celebrated, and his death...

A watch with a ‘sprinkling of magic’

TIME STOOD still for the two artists who sought inspiration in London’s Portobello Market, which is famous for its vintage items, when they found...