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  • Philippines unlikely to meet full-year growth goal Thursday, 27 Nov 2014 | 3:14 AM ET

    MANILA, Philippines— The Philippines is unlikely to meet its 2014 growth target after the economy's expansion slowed to 5.3 percent in the third quarter. Growth was dragged down by reduced government spending, a decline in agriculture and slower expansion in services and industry. Economic Planning Secretary Arsenio Balisacan said Thursday that growth for...

  • Philippines unlikely to meet full-year growth goal Wednesday, 26 Nov 2014 | 10:42 PM ET

    MANILA, Philippines— The Philippines is unlikely to meet its 2014 growth target after the economy's expansion slowed to 5.3 percent in the third quarter. Growth was dragged down by reduced government spending, a decline in agriculture and slower expansion in services and industry. Economic Planning Secretary Arsenio Balisacan said Thursday that growth for...

  • ADB: Japan likely to return to growth in 4Q Wednesday, 26 Nov 2014 | 2:44 AM ET

    MANILA, Philippines— The president of the Asian Development Bank said Wednesday that Japan's economy is expected to return to growth in the fourth quarter of this year and its recession will have little impact on Southeast Asian economies. Japan earlier this month said its economy, which is the world's third biggest after the U.S. and China, slipped into...

  • Philippine court convicts 9 Chinese of poaching Monday, 24 Nov 2014 | 12:32 AM ET

    MANILA, Philippines— A Philippine court convicted nine Chinese fishermen Monday of poaching and taking hundreds of endangered giant sea turtles from a disputed shoal in the South China Sea, fining each of them nearly $103,000 but imposing no jail term. Judge Ambrosio de Luna of the regional trial court in western Palawan province found them guilty of...

  • 9 convicted in Manila disco fire that killed 162 Thursday, 20 Nov 2014 | 11:57 AM ET

    MANILA, Philippines— A Philippine court convicted nine people for graft Thursday over a 1996 nightclub fire that killed 162 people, mostly students celebrating the end of the school year. Stephen Santos, president of a group of the fire survivors, welcomed the court decision but lamented that the verdict took 18 years, in an interview with local television...

  • DIARY - Emerging Markets Economic Events to Dec 1 Monday, 17 Nov 2014 | 7:02 PM ET

    Nov 18- For other related diaries, please. MAKATI CITY- Asian Development Bank to launch the latest Asian Economic Integration Monitor- 0130 GMT. BRASILIA- Brazil Central Bank President Alexandre Tombini may speak at congressional commission about deterioration of the country's fiscal results.

  • US alliances in Asia strained amid China's influence Saturday, 8 Nov 2014 | 9:57 PM ET
    President Barack Obama speaking at the White House, November 5, 2014.

    As Washington seeks to expand American interests in Asia, some U.S. partners have shown less willingness to challenge Beijing.

  • It includes deployment of American Marines in Darwin, Australia, stepped up U.S. naval visits to the Philippines and many more joint drills with that nation's armed forces, as well as the lifting of a ban on lethal weapons sales to Vietnam. But just as Washington seeks to expand American interests in Asia as a counterpoint to China's growing influence, some U.S....

  • MANILA, Oct 14- Seasonal rains are set to disrupt nickel mining in the Philippines for the next four months or so, crimping exports to top buyer China and stoking a shortfall in the global supply of ore. But, with a ban on raw metal shipments by former top exporter Indonesia, the seasonal decline in the Philippines' output could force China's vast stainless steel...

  • KUALA LUMPUR/ JAKARTA, Oct 3- September marked a turning point for Southeast Asia's foreign exchange and stock markets, ending a six-month run of capital inflows as the dollar's broad rally drew investors' attention to the currency risk and exalted valuations in these markets. Even though the cumulative net foreign investment was positive in the four...

  • TOKYO, Oct 2- China is likely to have annual growth of at least 7 percent over the next five years as it rebalances its economy to lift domestic demand, the Asian Development Bank's new chief economist said on Thursday. His remarks, in an interview with Reuters in Tokyo, came a week after the Manila- based regional lender left unchanged its 2014 and 2015 growth...

  • MANILA, Sept 24- China has many tools to keep growth well above 7 percent next year, the International Monetary Fund said on Wednesday, downplaying the risks of the cooling property market in the world's second-largest economy.

  • MANILA, Sept 24- China's economy will likely grow faster than previously thought in 2015, the International Monetary Fund said on Wednesday, downplaying the risks of the cooling property market in the world's second-largest economy.

  • DIARY - Emerging Markets Economic Events to Oct 7 Tuesday, 23 Sep 2014 | 8:02 PM ET

    Sept 24- For other related diaries, please. NEW YORK- India Investment Forum. Indian Finance Minister Arun Jaitley and Finance Secretary Arvind Mayaram to attend.

  • MANILA, Sept 9- A Philippine proposal to ban exports of unprocessed metal ores could take seven years to implement, its main backer said in comments that eased concerns about a supply squeeze on China and sent nickel prices skidding.

  • SINGAPORE/ MOSCOW/ BERLIN, Sept 5- Germany's Rocket Internet faces daunting logistical challenges and rising local competition from Lagos to Laos as it races to capture customers in emerging markets before e-commerce titans Amazon and Alibaba can catch up.

  • Chinese naval push could affect global trade Friday, 29 Aug 2014 | 2:00 PM ET
    Coast guard vessels from China (rear) and Vietnam in a disputed part of the South China Sea near China's oil drilling rig, May 14, 2014.

    Tensions in the South China Sea may seem far off to Western investors, but any conflict in the region could affect the world economy.

  • SINGAPORE, Aug 28-' Open data'- the trove of data-sets made publicly available by governments, organisations and businesses- isn't normally linked to high-wire politics, but just may have saved last month's Indonesian presidential elections from chaos.

  • Meet one of Philippines' most powerful women     Friday, 15 Aug 2014 | 1:00 AM ET

    Teresita Sy-Coson, Vice-Chairperson, SM Investments Corporation, recalls how she learned the ropes of her family business, which is one of Philippines' most well-known conglomerate.

  • STOCKHOLM, Aug 7- Philippine Long Distance Telephone Company said on Thursday it was buying a 10 percent stake in Rocket Internet for 333 million euros in cash, valuing the German internet firm and potential IPO candidate at 3.3 billion euros.