News

'Standing by my man': Aiko defends boyfriend from narco-politician tag

ABS-CBN News
Updated as of Mar 16 10:13 PM

This is what Aiko Melendez said about the allegations that her boyfriend and his family are involved in the illegal drug trade. Read more »

Ilang tindahan, sinita ng DTI dahil sa overpriced na timba, drum

ABS-CBN News
Posted at Mar 16 02:04 AM

Babala pa ng DTI, papanagutin nila ang mga mapapatunayang nanamantala at lumalabag sa Price Act. Read more »

China does not ask firms to spy on others: premier

Agence France-Presse
Posted at Mar 15 02:52 PM

China will "never" ask its firms to spy on other nations, Premier Li Keqiang said Friday, amid US warnings that Chinese telecommunications behemoth Huawei poses security risks. Read more »

China approves foreign investment law, possible US olive branch

Poornima Weerasekara, Agence France-Presse
Posted at Mar 15 10:08 AM

The legislation aims to address long-running grievances from foreign businesses, but the US and European chambers of commerce have voiced concerns that they were not given enough time to give their input.   Read more »

Boeing groundings puts US-China trade-linked jet order in limbo

Eric M. Johnson, Tim Hepher and Brenda Goh, Reuters
Posted at Mar 15 08:07 AM

Evidence of a major potential order for more than 100 jets worth well over $10 billion at list prices had risen in recent weeks as Washington and Beijing reported some progress in trade talks to resolve a months-long trade war. Read more »

PH shares slip as investors take profit

ABS-CBN News
Posted at Mar 14 10:34 PM

The Philippine Stock Exchange index dipped amid an investor sell-off.  Read more »

DTI nagbabala sa mga mananamantala sa water shortage

ABS-CBN News
Posted at Mar 14 08:37 PM

Nagbabala ang Department of Trade and Industry sa mga mananamantala na mag-overprice sa presyo ng tubig sa mga water refilling station at mga bottled water. Read more »

Trump sees 'very good chance' of trade deal with China

Agence France-Presse
Posted at Mar 14 08:25 AM

Eight months into their sprawling trade war, US and Chinese officials have alternated between projecting optimism and warning that they have much to do before reaching a final outcome.  Read more »

PH shares join global rally on Wall Street, Brexit concessions

ABS-CBN News
Posted at Mar 13 12:21 AM

The Brexit deal also affected market sentiments in Asia.  Read more »

US warns of WTO action over 'discriminatory' new digital taxes

Agence France-Presse
Updated as of Mar 12 10:20 PM

The US is weighing a complaint at the World Trade Organization against "discriminatory" new taxes on digital giants such as a Facebook and Google which are being planned by France and other EU nations, a top US trade official said Tuesday. Read more »

US-China trade tensions to hammer air cargo: industry body

Agence France-Presse
Posted at Mar 12 06:30 PM

Trade tensions between the US and China will hammer air cargo this year, an industry body warned Tuesday, the latest sign the tariff slugfest is damaging the global outlook.  Read more »

Taas-presyo sa sardinas, noodles, inihirit

ABS-CBN News
Updated as of Mar 12 08:40 PM

Humirit ng taas-presyo sa Department of Trade and Industry ang mga manufacturer ng ilang pangunahing bilihin. Read more »

Trade deficit widens to $3.76 billion in January

ABS-CBN News
Posted at Mar 12 03:53 PM

Exports in January totaled $5.28 billion compared to $9.03 billion in imports, resulting in a deficit of $3.76 billion, the PSA said. This was wider than the $3.16 billion deficit during the same month in 2018.  Read more »

Trump won't sign China trade pact unless it's 'great'

Heather Scott, Agence France-Presse
Posted at Mar 09 04:37 PM

WASHINGTON - Optimism about a rapid resolution of the months-long US-China trade war was undercut by conflicting comments out of Washington and Beijing, sending global stock markets on a downward slide on Friday.   Read more »

Mahathir: Engaging in trade war with China is not a solution

ABS-CBN News
Posted at Mar 07 11:32 PM

While foreign investments are good for a country's economy, Malaysian Prime Minister Mahathir Mohamad believes an influx of foreign workers doesn't have to be part of the deal. Read more »

US trade deficit surges to 10-year high in 2018

Douglas Gillison, Agence France-Presse
Posted at Mar 07 07:24 AM

The skyrocketing US trade deficit last year hit the highest level in a decade, a resounding failure for President Donald Trump's global trade offensive, government data showed Wednesday. Read more »

Learning the ropes: Sri Lankan ad for hangmen draws 102 applicants

Shihar Aneez and Ranga Sirilal, Reuters
Posted at Mar 07 05:25 AM

The hard-line policy is in part inspired by the Philippines' war on drugs, where thousands have died in encounters with police. Read more »

Global stocks mixed as Brexit talks resume

Agence France-Presse
Posted at Mar 06 06:54 AM

Global stocks were mixed Tuesday as markets awaited details on US-China trade negotiations and Brexit talks resumed between the EU and Britain.   Read more »

Canada FM decries China halting canola shipments

Agence France-Presse
Posted at Mar 06 06:49 AM

Ottawa's foreign minister on Tuesday decried Beijing's move to block a major Canadian canola exporter's sales in China, the latest escalation in a burgeoning row between the two countries.   Read more »

China says Canadian stole secrets; Huawei to sue US

Ben Blanchard and David Ljunggren, Reuters
Posted at Mar 05 09:02 AM

China on Monday accused detained Canadian citizen Michael Kovrig of stealing state secrets passed on to him from another detained Canadian, businessman Michael Spavor, in a move likely to increase tension between Ottawa and Beijing. Read more »