Trump agrees to two-week ceasefire with Iran with reopening of Strait of Hormuz
WASHINGTON/DUBAI/CAIRO — The United States and Iran have agreed to a two-week ceasefire, reaching a deal less than two hours before President Donald J....
China’s Xi urges demand‑driven growth in services sector
BEIJING — China’s President Xi Jinping has called for a demand-driven approach coupled with reform and technological empowerment to develop the service sector, the...
North Korea fires ballistic missiles as Pyongyang dismisses Seoul’s diplomacy hopes
SEOUL — North Korea fired several ballistic missiles toward the sea off its east coast on Wednesday, South Korea’s military said, following a separate...
Preliminary UN probe says Israel and likely Hezbollah responsible for peacekeeper deaths
THE UN said that preliminary findings from its probe into the deaths of three Indonesian peacekeepers in Lebanon last month show one was killed...
IATA warns replenishing jet fuel supplies could take months even if Hormuz reopened
SINGAPORE/HONG KONG — The head of a body representing global airlines warned on Wednesday it would take months for jet fuel supply to recover even...
Gulf states eye cheap Ukrainian interceptor drone as Iranian attacks drain missile stocks
TOKYO — Gulf states including Saudi Arabia and the UAE are exploring a $2,500 Ukrainian-designed interceptor drone as a cheaper way to counter Iranian...
LPA spotted outside PAR; Likely to develop into storm – PAGASA
A low-pressure area (LPA) was spotted outside the Philippine Area of Responsibility (PAR) and is “highly likely” to develop into a tropical depression, according...
Iloilo City expects more tourists during Filipino Food Month
Iloilo City Mayor Raisa Treñas-Chu said Filipino Food Month (FFM) is expected to draw more tourists to the country’s only United Nations Educational, Scientific...
Oil slides below $100, stocks soar as Trump agrees to two-week ceasefire
SINGAPORE - Oil prices dived, stocks surged and the dollar was knocked back on Wednesday as a two-week Middle East ceasefire sparked a relief...
Philippines’ dollar reserves fall to 7-month low in March
By Katherine K. Chan, Reporter
The Philippines’ dollar reserves fell to a seven-month low at end-March as its gold holdings and foreign investments declined, preliminary...
Philippines slides in EIU democracy ranking
By Erika Mae P. Sinaking, Reporter
The Philippines fell sharply in a global democracy ranking, signaling deeper institutional strain even as democratic conditions elsewhere show...
Inflation risks rise after target breach in March — BSP
The Bangko Sentral ng Pilipinas (BSP) said inflation risks have “significantly” grown after consumer prices rose faster than expected in March amid the oil...