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Asia Top News and Analysis Philippines

  • BEIJING/ MANILA, July 20- China's reform of its vast corn sector is spurring a rapid revival of cheaper high-fructose corn syrup, putting it on a collision course with Asian sugar producers in a battle for the lucrative sweetener market. China's producers have also found willing buyers abroad. "HFCS is changing the structure of the sugar industry in China and...

  • MANILA, Philippines— Stronger-than-expected export demand has improved growth prospects for Asia's developing economies, including China, the Asian Development Bank said Thursday. "Developing Asia is off to a good start this year with improved exports pushing growth prospects for the rest of 2017," said ADB's chief economist Yasuyuki Sawada.

  • MANILA, Philippines— The Asian Development Bank says stronger-than-expected export demand has improved growth prospects for Asia's developing economies, including China. The Manila, Philippines- based ADB on Thursday upgraded its growth forecasts for this year to 5.9 percent from an earlier forecast of 5.7 percent. It expects developing Asia to grow at a...

  • *Asia seen to grow faster than previously thought. Developing Asia- made up of 45 countries in the Asia-Pacific region- is expected to grow 5.9 percent and 5.8 percent this year and next, the Manila- based ADB said in the update of its Asian Development Outlook on Thursday. China's economy beat expectations with 6.9 percent growth in the second quarter, in part...

  • CAPE TOWN- South African Reserve Bank starts its three-day monetary policy committee meeting. JAKARTA- Indonesia Central Bank board of governors' meeting. JOHANNESBURG- South African Finance Minister Malusi Gigaba makes an address at the American Chamber of Commerce in South Africa's networking breakfast on "Working towards financial recovery in South...

  • Natuna, Ranai, Indonesia - August 20, 2016.

    Indonesia is defending its maritime rights within the South China Sea in a perceived move against Chinese encroachment.

  • BEIJING— Most Asian stock markets rose Monday after major Wall Street indexes hit new highs and China reported unexpectedly strong economic growth. KEEPING SCORE: Hong Kong's Hang Seng gained 0.3 percent to 26,476.30 points and Seoul's Kospi added 0.3 percent to 2,322.80. Benchmarks in Taiwan, Singapore and Manila also rose.

  • SYDNEY- Reserve Bank of Australia to release the minutes of July monetary policy meeting- 0130 GMT. SYDNEY- Alex Heath, Head of Economics Analysis Department at Reserve Bank of Australia, gives speech at the Women in Economics panel at the Australian Conference of Economists, Sydney- 0530 GMT. MELBOURNE- Assistant Governor at the Reserve Bank of Australia, Michele...

  • South China Sea concerns flare up as Duterte considers drilling in Beijing's claims

    Concerns of a flare-up in Philippine-China relations are back in focus as Manila considers resuming energy exploration in the disputed South China Sea

  • A report by the Asia Development Bank says Asia will endure extreme heat, rising sea levels, growing losses from severe weather and increasing food insecurity in coming decades as climate change raises temperatures and alters weather patterns across the globe. The survey released Friday by the Manila- based lender paints a grim outlook for many communities...

  • A report by the Asian Development Bank says Asia will endure extreme heat, rising sea levels, growing losses from severe weather and increasing food insecurity in coming decades as climate change raises temperatures and alters weather patterns across the globe. The survey released Friday by the Manila- based lender paints a grim outlook for many communities...

  • SYDNEY- Reserve Bank of Australia to release the minutes of July monetary policy meeting- 0130 GMT. SYDNEY- Alex Heath, Head of Economics Analysis Department at Reserve Bank of Australia, gives speech at the Women in Economics panel at the Australian Conference of Economists, Sydney- 0530 GMT. JAKARTA- Indonesia Central Bank board of governors' meeting.

  • NEW DELHI/ LAUSANNE, Switzerland July 13- A group of cigarette company executives stood in the lobby of a drab convention center near New Delhi last November. In fact, executives from the largest publicly traded tobacco firm had flown in from around the world to New Delhi for the anti-tobacco meeting. Philip Morris International would soon be holding secret...

  • Philippine President Rodrigo Duterte

    Philippine President Rodrigo Duterte's latest attempt to reform the Philippine economy is a major change for the energy industry there.

  • A busy street in Manila, featuring jeepneys and a traffic enforcer.

    The Philippines central bank is watching risks closely and is ready to act should the situation need attention, its new governor told CNBC.

  • Nestor Espenilla Jr., governor of the Bangko Sentral Ng Pilipinas, weighs in on reforms by the Philippine government and the situation in Mindanao.

  • The domestic economy is more important than hawkish global central banks for rate calls, says Nestor Espenilla Jr., governor of Bangko Sentral Ng Pilipinas.

  • Ernesto Pernia, socioeconomic planning secretary of the Philippines, talks about how infrastructure spending will be offer economic stimulus.

  • Antonio Moraza, president of Aboitiz Power, says power prices in the Philippines have decreased relative to the region and could fall further.

  • LAS VEGAS, July 10- A lawyer representing Japanese casino tycoon Kazuo Okada in a legal battle with Wynn Resorts Ltd on Monday withdrew his representation of Okada, the latest fallout from a conflict between Okada and Japan's Universal Entertainment Corp over the use of corporate funds. David Krakoff, a lawyer at Buckley Sandler who has been representing Okada,...