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August 18, 2022

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Philippines’ GDP growth momentum cools in Q2 as inflation soars

Reuters
Commuters pass through an elevated pedestrian walkway on Commonwealth Avenue in Quezon City, metro Manila, May 23, 2018. REUTERS/Dondi Tawatao Register now for FREE unlimited access to Reuters.com Register Q2 GDP up 7.4% on year earlier, below +8.6% forecast Growth slowest in three quarters Govt says Q2 growth in line......

Myanmar ambassador to China died on Sunday – sources

Reuters
BEIJING, Aug 8 (Reuters) – Myanmar’s ambassador to China died on Sunday, according to diplomatic sources, the fourth ambassador to die in China in the past year. Ambassador U Myo Thant Pe was last seen on Saturday meeting a local official in the southwestern Chinese province of Yunnan which borders......

China foreign minister calls Pelosi’s Taiwan visit ‘manic’, ‘irrational’

Reuters
Chinese Foreign Minister Wang Yi attends the ASEAN Foreign Ministers Meeting in Phnom Penh, Cambodia August 4, 2022. REUTERS/Soe Zeya Tun Register now for FREE unlimited access to Reuters.com Register BEIJING, Aug 4 (Reuters) – China’s Foreign Minister Wang Yi on Thursday called U.S. House Speaker Nancy Pelosi’s visit to......

ASEAN chair warns of Myanmar peace plan rethink if executions continue

Reuters
If no progress, limited value in engaging junta – Singapore Malaysia says junta frustrating ASEAN ASEAN calls for de-escalation of tensions over Taiwan U.S. seeking to sustain, strengthen pressure on Myanmar PHNOM PENH, Aug 3 (Reuters) – The Association of Southeast Asian Nations (ASEAN) will be forced to reconsider a......

Emerging Asian equities see first monthly inflows in seven months

Reuters
Aug 3 (Reuters) – Emerging Asian equities ex-China saw monthly foreign inflows in July, after six months of capital withdrawals, as investors bet that the size of U.S. interest rate hikes would ease, and that a recent drop in commodity prices would temper surging inflation. Riskier assets were bolstered after......

U.S. jet that flew Pelosi to Malaysia turns north to Philippines

Reuters
U.S. House of Representatives Speaker Nancy Pelosi and Malaysia’s Parliament Speaker Azhar Azizan Harun pose for photographs during their meeting at Malaysian Houses of Parliament in Kuala Lumpur, Malaysia, August 2, 2022. Malaysian Department of Information/Famer Roheni/Handout via REUTERS Register now for FREE unlimited access to Reuters.com Register KUALA LUMPUR,......

U.S. top diplomat Blinken to travel to southeast Asia, Africa next week

Reuters
U.S Secretary of State Antony Blinken speaks to the media before boarding his airplane at Yokota Air Base, after a condolence visit for late former Japanese Prime Minister Shinzo Abe, in Fussa, Tokyo prefecture, Japan July 11, 2022. Stefani Reynolds/Pool via REUTERS/File Photo Register now for FREE unlimited access to......

T-Mobile dodges inflation hit as cheaper plans power subscriber growth

Reuters
A T-Mobile logo is advertised on a building sign in Los Angeles, California, U.S., May 11, 2017. REUTERS/Mike Blake/File Photo Register now for FREE unlimited access to Reuters.com Register July 27 (Reuters) – T-Mobile US Inc (TMUS.O) raised subscriber addition forecast for the second time this year as its strategy......

Philippines’ Marcos lays out ambitious policy agenda with farm sector in focus

Reuters
Ferdinand “Bongbong” Marcos Jr., the son and namesake of the late dictator Ferdinand Marcos, delivers a speech after taking oath as the 17th President of the Philippines, during the inauguration ceremony at the National Museum in Manila, Philippines, June 30, 2022. REUTERS/Eloisa Lopez/ Register now for FREE unlimited access to......

U.S. to host virtual meeting on Tuesday of Indo-Pacific trade, economic ministers

Reuters
U.S. President Joe Biden listens to other leaders joining the Indo-Pacific Economic Framework for Prosperity (IPEF) launch event virtually, at Izumi Garden Gallery in Tokyo, Japan, May 23, 2022. REUTERS/Jonathan Ernst Register now for FREE unlimited access to Reuters.com Register WASHINGTON, July 24 (Reuters) – The United States will host......

Three dead in graduation shooting at top Philippines university

Reuters
Former southern Philippines mayor killed – city police chief President Marcos pledges to bring justice MANILA, July 24 (Reuters) – Three people died in a shooting at a university graduation ceremony in the Philippines’ capital region on Sunday, including a former mayor from the volatile south of the country, police......

Marcos wants Philippines to renegotiate loans on China-backed rail projects

Reuters
Newly-elected Philippines President Ferdinand “Bongbong” Marcos Jr., the son and namesake of the late dictator Ferdinand Marcos, delivers a speech during the inauguration ceremony at the National Museum in Manila, Philippines, June 30, 2022. REUTERS/Eloisa Lopez Register now for FREE unlimited access to Reuters.com Register MANILA, July 16 (Reuters) –......

U.S. expects Biden and Xi will speak in weeks ahead – Blinken

Reuters
BANGKOK, July 10 (Reuters) – U.S. Secretary of State Antony Blinken said on Sunday the United States expects President Joe Biden and Chinese leader Xi Jinping will have the opportunity to speak in the weeks ahead. However, when asked at a news conference in Thailand if Biden and Xi might......

Philippines President Marcos vetoes economic zone bill championed by sister

Reuters
Newly-elected Philippines President Ferdinand “Bongbong” Marcos Jr., the son and namesake of the late dictator Ferdinand Marcos, delivers a speech during the inauguration ceremony at the National Museum in Manila, Philippines, June 30, 2022. REUTERS/Eloisa Lopez Register now for FREE unlimited access to Reuters.com Register MANILA, July 2 (Reuters) –......

Philippine tycoon Razon eyes up to $400 mln IPO -sources

Reuters
Enrique Razon, businessman and owner of casino operator Bloomberry Resorts, gestures during an interview by reporters after a stockholders’ meeting in Manila June 24, 2013. REUTERS/Romeo Ranoco Register now for FREE unlimited access to Reuters.com Register MANILA, June 21 (Reuters) – Philippine ports and gaming tycoon Enrique Razon is weighing......

Duterte’s daughter sworn in as Philippines vice president

Reuters
MANILA, June 19 (Reuters) – Sara Duterte-Carpio, daughter of outgoing Philippine President Rodrigo Duterte, was sworn in as the country’s 15th vice president on Sunday, calling for national unity following a divisive election campaign. “The days ahead may be full of challenges that call for us to be more united......

Biden adviser Sullivan raised concerns with China over North Korea

Reuters
National Security Advisor Jake Sullivan answers questions while Press Secretary Karine Jean-Pierre looks on, during the daily media briefing at the White House in Washington, U.S., May 18, 2022. REUTERS/Evelyn Hockstein Register now for FREE unlimited access to Reuters.com Register WASHINGTON, June 13 (Reuters) – U.S. national security adviser Jake......

In ‘miracle’ city Shenzhen, fears for China’s economic future

Reuters
SHENZHEN, China, June 13 (Reuters) – (This June 12 story has been refiled to clarify location in penultimate paragraph) David Fong made his way from a poor village in central China to the southern boomtown of Shenzhen as a young man in 1997. Over the next 25 years he worked......

China becoming more ‘coercive and aggressive’ – U.S. defence chief

Reuters
SINGAPORE, June 11 (Reuters) – The United States will do its part to manage tensions with China and prevent conflict even though Beijing is becoming increasingly aggressive in the Asian region, including near Taiwan, U.S. Defense Secretary Lloyd Austin said on Saturday. Relations between China and the United States have......

Red-hot Asia diesel margins may peak in June as supplies rise, monsoon nears

Reuters
An oil tanker is pictured in the waters off Tuas in Singapore July 15, 2019. REUTERS/Edgar Su Register now for FREE unlimited access to Reuters.com Register Singapore 10 ppm gasoil cracks hit all-time high of $55.77/bbl China demand recovery to counter India’s monsoon demand weakness EU’s sanctions against Russia to......

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