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Asia Top News and Analysis Philippines

  • MANILA/ SHANGHAI, Feb 21- China's steel producers are eager to unleash their mills' capacity when this winter's output curbs end next month, hoping for a repeat of last year's record profits based on high margins and less competition as outdated plants were closed. China shut down up to half of its steel production this winter in 28 cities in the country's...

  • MANILA/ SHANGHAI, Feb 21- China's steel producers are eager to unleash their mills' capacity when this winter's output curbs end next month, hoping for a repeat of last year's record profits based on high margins and less competition as outdated plants were closed. China shut down up to half of its steel production this winter in 28 cities in the country's...

  • MANILA/ SHANGHAI, Feb 21- China's steel producers are eager to unleash their mills' capacity when this winter's output curbs end next month, hoping for a repeat of last year's record profits based on high margins and less competition as outdated plants were closed. China shut down up to half of its steel production this winter in 28 cities in the country's...

  • *Australia- listed company plans to list Philippine assets. MANILA, Feb 20- Australia- listed Energy World Corp expects to start up a gas-fired power plant in the Philippines by end-2018, its chief executive said, fed by the country's first liquefied natural gas imports. "By the end of this year, we should have 400 megawatts in operation," Energy World Corp Managing...

  • NEW DELHI, Feb 19- Hackers who tried to steal nearly $2 million from India's City Union Bank this month used tactics similar to those employed in the unsolved cyber heist of $81 million from Bangladesh's central bank in 2016, City's CEO said on Monday. In the case of Bangladesh Bank, hackers infected the system with malware that disabled the SWIFT printer.

  • *Japan to use ODA to promote "Free and Open Indo-Pacific. SYDNEY, Feb 19- Australia, the United States, India and Japan are talking about establishing a joint regional infrastructure scheme as an alternative to China's multibillion-dollar Belt and Road Initiative in an attempt to counter Beijing's spreading influence, the Australian Financial Review...

  • SYDNEY, Feb 19- Australia, the United States, India and Japan are talking about establishing a joint regional infrastructure scheme as an alternative to China's multibillion-dollar Belt and Road Initiative in an attempt to counter Beijing's spreading influence, the Australian Financial Review reported on Monday, citing a senior U.S. official.

  • SYDNEY, Feb 19- Australia, the United States, India and Japan are talking about establishing a joint regional infrastructure scheme as an alternative to China's multibillion-dollar Belt and Road Initiative in an attempt to counter Beijing's spreading influence, the Australian Financial Review reported on Monday, citing a senior U.S. official.

  • Dara Khosrowshahi, CEO of Uber speaking at the 2018 WEF in Davos, Switzerland.

    After selling its China stake in 2016, Uber is in talks to mimic that strategy in Southeast Asia

  • CHICAGO, Feb 15- U.S. soybean futures rose on Thursday to their highest level since July 25 as an ongoing drought in key exporter Argentina underpinned prices. Soymeal futures, which hit a 19- month high, headed higher for the eighth straight session as fears have mounted that Argentina will struggle to meet its export commitments for the animal feed.

  • CHICAGO, Feb 15- U.S. soybean futures rose on Thursday to their highest level since July 25 as an ongoing drought in key exporter Argentina underpinned prices. Soymeal futures, which hit a 19- month high, were headed higher for the eight straight session as fears have mounted that Argentina will struggle to meet its export commitments for the animal feed.

  • Part of mischief reef in the disputed Spratly islands in the South China Sea on April 21, 2017.

    Britain is trying to justify its existence and grab attention by sending a British warship to the South China Sea, a Chinese newspaper said.

  • Smashburger

    The Philippines' biggest restaurant operator, Jollibee Foods Corp, will buy a majority interest in Smashburger for $100 million. Denver Business Journal reports.

  • Secretary of State Rex Tillerson answers a question at the State Department in Washington, January 18, 2018.

    The U.S. urged members of the coalition fighting Islamic State to help rebuild Iraq or risk the reversal of the gains made against the group there.

  • MANILA, Feb 9- Philippine President Rodrigo Duterte said on Friday he has ordered the military to cancel a $233 million agreement to purchase 16 helicopters from Canada, whose government expressed concerns they could be used to fight rebels. Duterte also directed the military not to buy arms anymore "from Canada or from the United States because there is always...

  • A United Airlines Boeing 787 Dreamliner takes off at Los Angeles International Airport.

    Plane makers like Boeing, Airbus and Embraer said Asia Pacific is a key growth driver over the next 20 years.

  • *China imported 100 mln T of iron ore in January. SHANGHAI/ MANILA, Feb 8- China's iron ore imports jumped to the second highest level on record in January as the world's top buyer built stockpiles ahead of the Lunar New Year holiday and the lifting of steel production curbs next month. "There's also strong demand, restocking before the holiday and some mills were also...

  • *Bangladesh Bank filing a lawsuit in 2 to 3 months. *RCBC says Bangladesh Bank engaging in a cover-up. "Bangladesh Bank will file a lawsuit in a New York court within two to three months in connection with the reserve theft," central bank deputy governor Abu Hena Mohd.

  • *Bangladesh Bank filing a lawsuit in 2 to 3 months. *RCBC says Bangladesh Bank engaging in a cover-up. "Bangladesh Bank will file a lawsuit in a New York court within two to three months in connection with the reserve theft," central bank deputy governor Abu Hena Mohd.

  • "Bangladesh Bank will file a lawsuit in a New York court within two to three months in connection with the reserve theft," central bank deputy governor Abu Hena Mohd. Reuters reported in December that Bangladesh Bank had asked the New York Fed to join a lawsuit it was considering filing against Manila- based Rizal Commercial Banking Corp seeking damages.