Asia Top News and Analysis Philippines

  • *China to encourage coal, steel capacity drive overseas. *Japan concerned at rise in China steel exports. BEIJING, April 21- As part of efforts to ease domestic steel and coal overcapacity, widely blamed for triggering a global industry crisis, China said it will do more to help its firms shift capacity overseas while keeping tight control on adding new capacity at...

  • *China has cut capacity; criticism is "lazy protectionism". *China says March output was a record 70.65 mln tonnes. BRUSSELS/ BEIJING, April 19- Under pressure to curb steel output and relieve a global glut, China said on Tuesday its production actually hit a record high last month as rising prices, and profits, encouraged mills that had been shut or suspended to resume...

  • *China says has cut capacity, criticisms "lazy protectionism". BRUSSELS/ BEIJING, April 19- China and other major steel-producing countries failed to agree measures to tackle a global steel crisis as the sides argued over the causes of overcapacity, prompting U.S. criticism of Beijing's approach and an angry response from Chinese officials.

  • *China says has cut capacity, criticisms "lazy protectionism". BRUSSELS/ WASHINGTON, April 19- China and other major steel-producing countries failed on Monday to agree measures to tackle a global steel crisis as the sides argued over the causes of overcapacity, prompting U.S. criticism of Beijing's approach. Washington pointed the finger at China over the...

  • "militarizing" South China Sea and endangering security. Defense Secretary Ash Carter visited a U.S. aircraft carrier transiting the disputed South China Sea on Friday, as China said one of its top military officers had visited islands and reefs in the region to oversee building work. China claims almost the entire South China Sea, believed to have huge deposits...

  • Defense Secretary Ash Carter said he will visit a U.S. aircraft carrier transiting the disputed South China Sea on Friday, a move bound to anger China, which has been increasingly asserting its territorial claims. China claims almost the entire South China Sea, believed to have huge deposits of oil and gas. Though not unprecedented, it was still a visit likely to...

  • Defense Secretary Ash Carter said he will visit a U.S. aircraft carrier transiting the disputed South China Sea on Friday, a move bound to anger China, which has been increasingly asserting its territorial claims. China claims almost the entire South China Sea, believed to have huge deposits of oil and gas. Though not unprecedented, it was still a visit likely to...

  • *Beijing police say over 240 scalpers detained this year. *Headache for China in drive to reform nation's healthcare. BEIJING/ SHANGHAI, April 12- As day breaks, hundreds of patients wait to see doctors in a queue that snakes around the Peking Union hospital in Beijing.

  • *Beijing police say over 240 scalpers detained this year. *Headache for China in drive to reform nation's healthcare. BEIJING/ SHANGHAI, April 12- As day breaks, hundreds of patients wait to see doctors in a queue that snakes around the Peking Union hospital in Beijing.

  • An employee walks outside the World Bank headquarters in Washington, United States.

    The Philippines must make sure casinos are covered by anti-money laundering legislation, the World Bank said.

  • DigitalGlobe imagery of the nearly completed construction within the Fiery Cross Reef located in the South China Sea. Fiery Cross is located in the western part of the Spratly Islands group.

    As China seeks to strengthen its control over the South China Sea, a tribunal is about to test Beijing's adherence to international law.

  • Chinese honor guards outside the Great Hall of the People in Beijing.

    China bashing is popular during election years, but the issues between the US and China are far more nuanced than candidates admit, says Ed Sappin.

  • Geothermal assets are based in Indonesia and Philippines. SINGAPORE, April 6- French utility Engie and Japan's Marubeni are among several suitors preparing to bid for Chevron Corp's Asian geothermal energy blocks valued at about $3 billion, sources familiar with the matter said. Potential buyers including Southeast Asian firms are attracted by the...

  • LONDON, April 5- The British government opened talks on Tuesday with potential buyers for Tata Steel's UK operations, including Sanjeev Gupta's commodities company Liberty Group, as it stepped up its battle to find a buyer for the loss-making business. Britain's business minister Sajid Javid met with Gupta in London to establish how firm his interest was in...

  • LONDON, April 5- The British government opened talks on Tuesday with potential buyers for Tata Steel's UK operations, including Sanjeev Gupta's commodities company Liberty Group, as it stepped up its battle to find a buyer for the loss-making business. Britain's business minister Sajid Javid was later due to fly to Mumbai to meet Tata Chairman Cyrus Mistry to...

  • The announcement that India's Tata Steel is abandoning Britain has hammered home the threat to developed countries' steel industries from a glut caused by over-capacity in China, which has led to a collapse in the global price of commodity steel used mainly in construction. Firms from Europe, Japan and South Korea say they are trying to keep afloat by...

  • *Comes at a time when China facing anti-dumping complaints. BEIJING/ SHANGHAI, March 31- China's top listed steelmaker Baosteel expects output this year to rise about 20 percent, even as the country steps up efforts to slash a huge overcapacity that has boosted cheap exports and caused some producers elsewhere to shut. "Of course China is the epicentre where...

  • A Senate hearing of money laundering involving the theft of $81 million from the U.S. account of Bangladesh Bank, is pictured at the Philippine Senate in Manila March 17, 2016.

    Fierce lobbying by the gaming industry has left the Philippines one of the world's softest targets for money launderers, a senator told Reuters.

  • The Bank of Thailand faces a tough policy decision, while SKorea will release Q4 GDP and Japan offers up inflation data in a short week.

  • Construction and dredging underway at Mischief Reef, a large reef in the Spratly Islands in the South China Sea on March 16, 2015.

    U.S. Navy chief warned of new Chinese activity around a reef in the disputed South China Sea which could be the precursor to more land reclamation.