REUTERS BEIJING – China offered to buy more goods from Brunei and to encourage investment in the Islamic sultanate as President Xi Jinping lauded relations with the tiny nation that have centred more on economics than territorial […]
Joy~Nostalg fosters the joy of giving this holiday season
The five-star serviced residences partners with the Liter of Light project for another meaningful Christmas Tree Lighting event Five-star serviced residences Joy~Nostalg Hotel & Suites Managed by Accor promotes the true meaning of the holidays, reminding everyone […]
A glimpse at IMES’ Premier Summit 2023: Ascending to Greater Heights
The countdown has begun for the much-anticipated Premier Summit 2023: Ascending to Greater Heights, a gathering of industry leaders in the field of Industrial Engineering and student leaders from across the nation. Hosted by the Industrial Management […]
Magnitude 6.9 earthquake strikes Mindanao
An earthquake of 6.9 magnitude struck the Mindanao region of the Philippines on Friday, German Research Center for Geosciences (GFZ) said. The quake was at a depth of 10 km (6.2 miles) GFZ added. The Pacific Tsunami Warning Center said no tsunami was expected. Damage and aftershocks can be expected […]
AREIT, ACEN boards greenlight P6.8-B property-for-share swap transaction
Ayala-led real estate investment trust company AREIT, Inc. announced on Friday that its board of directors has approved a move to acquire 276 hectares of industrial land in Zambales from Buendia Christiana Holdings Corp. (BCHC), a wholly […]
UnionDigital Bank plans to introduce high-frequency lending in 2024
UnionDigital Bank, the digital lender of UnionBank of the Philippines, Inc., plans to launch its high-frequency lending product next year, allowing consumers to avail themselves of short-term loans, its president said on Thursday. “We’re moving to more […]
Marcos, China’s Xi to discuss tensions, way forward in South China Sea
PRESIDENT Ferdinand R. Marcos, Jr. at the New York Stock Exchange. — OFFICE OF THE PRESS SECRETARY Philippines President Ferdinand R. Marcos, Jr. said on Friday he will meet with his Chinese counterpart Xi Jinping at the […]
China tells Japan to reaffirm strategic relations in rare leader talks
CHINESE PRESIDENT XI JINPING — HTTP://KREMLIN.RU/EVENTS/PRESIDENT/NEWS/49899/PHOTOS Chinese President Xi Jinping told Japanese Prime Minister Fumio Kishida that Asia’s two largest economies should reaffirm their strategic relationship in their first face-to-face talks in a year that look to put a floor under strained ties. The […]
Biden to stress APEC economic ties, as trade deal stumbles
SAN FRANCISCO – President Joe Biden will highlight strong US ties to the Asia Pacific Economic Cooperation (APEC) forum economies on Thursday, despite a failure to make progress on key trade provisions sought by regional countries. Mr. Biden, who held a high-stakes summit with Chinese President Xi Jinping on Wednesday, is due to address a summit of CEOs on Thursday before speaking […]
Alibaba’s Hong Kong shares tumble 10% after cloud unit spin-off shelved
HONG KONG – Alibaba Group’s Hong Kong shares slumped 10% on Friday after it scrapped plans to spin off its cloud business, citing uncertainties fuelled by U.S. curbs on exports to China of chips used in artificial intelligence applications. The stock opened down 7.8% and then deepened its loss to 10.3% by mid-morning, heading for its biggest […]