Philippines

Philippine boxing star Manny Pacquiao will be making a run for president of his country in next year's election. What Happened: Pacquiao, 42, is a senator in the Philippines' parliament and has accepted the nomination of a faction of the ruling party, PDP-Laban. He has pledged to campaign...

Tropical Storm Vongfong, the first named storm of the 2020 Pacific typhoon season, has developed in the Philippine Sea east of Mindanao, Philippines. It will likely hit the northern Philippines as a typhoon sometime Thursday. Satellite image of Tropical Storm #Vongfong at sunset #AmboPH #台風1号...

The Philippines on Tuesday halted all stock, currency, and bond trading in the country for an indefinite period as a precaution against the spread of the novel coronavirus (COVID-19), Reuters reported. What Happened The Philippine Stock Exchange suspended all trade until further notice "to...

Markets in China tumbled significantly in early trade on Monday (Beijing time) over coronavirus fears. What Happened The markets opened after the Lunar holiday, which was extended due to the novel coronavirus outbreak, after having last traded on January 23. The death toll from the virus...

A huge plume of ash from a volcano in the Philippines has closed the international airport in Manila, potentially delaying air cargo exports. Strong winds carried the ash across Luzon, the country's largest island, after the weekend eruption of the Taal volcano, about 45 miles south of the...

The Filipino partner of freight forwarder U-Freight Group (UFG) has launched iShipmore, an online shipping platform aimed at assisting sellers who need to ship items bought online to Philippines-based consignees. The platform targets logistics problems experienced by online purchasers of goods, who...

The iShares MSCI Philippines ETF (NYSE: EPHE) is higher by 11 percent year-to-date. While that lags the 18 percent returned by the MSCI Emerging Markets Index, EPHE's 2017 showing is still solid when considering the controversy Philippine equities have had to contend with. For political buffs...

A growth rate that beats China’s. An investment-grade rating by Standard & Poors. Roughly $24 billion in trade with the United States and a long history of mostly amicable relations. A Trump Tower in the capital city? A meeting between President Donald Trump and Philippines President...

Twitter Inc (NYSE: TWTR) has signed Philippines carrier Globe Telecom as its first advertising partner in Asia for NBA live stream shows "The Starters" and "The Warmup." 'The Starters' And 'The Warmup' The companies will collaborate on these two NBA's live exclusive programs that are streamed...

Exchange-traded funds holding emerging market bonds, including the iShares JPMorgan USD Emer Mkt Bnd Fd ETF (NYSE: EMB), have had the wind at their backs this year, as the Federal Reserve has held off on raising interest rates, suppressing the dollar in the process. Contextual Backdrop The case for...

Facebook Inc (NASDAQ: FB) has messed up while trying to connect with the people in Philippines over the nation's Independence Day. The social media giant displayed the country's flag upside down, which is done only when the Philippines is at war, according to a report on Philippines Star...

Cybersecurity firm Symantec Corporation (NASDAQ: SYMC) said it has found evidence hackers who stole $81 million from the Bangladesh central bank and attempted to steal over $1 million from the Tien Phong Bank in Vietnam have also attacked a bank in the Philippines. "Malware used by the group was...

Heading into the start of this year, plenty of forecasters posited that if emerging markets equities were to rally or even just turn in steady performances, the leadership would come from Emerging Asia, including the Philippines. Indeed, the iShares MSCI Philippines ETF (NYSE: EPHE), the lone...

Many of the world's greatest investors have been willing to buy at a time when the majority of the market was turning away from a particular sector. However, such a strategy is easier said than done, as most stocks lose value following news that suggests a period of financial trouble is on the...

The dispute between China and Southeast Asian countries over the South China Sea has prompted increased military action as the tension over who owns that area rises. China has asserted its claim to the sea, building artificial islands despite pushback from other nations that say the territory is...