South East Asia

SVB Financial, the bankrupt parent company of Silicon Valley Bank, has lost access to its financial records after the bank was placed into receivership by Federal Deposit Insurance Corp (FDIC), according to court documents filed in Manhattan on Sunday. SV...

MANILA, Philippines — Sen. Sherwin Gatchalian on Sunday asked the government to set aside P418 million in electricity subsidy for over four million "lifeline" consumers to help low-income households cope with the country's worsening infl...

SINGAPORE Oil prices rose on Monday after suffering their biggest weekly loss in months as UBS struck a deal to buy Credit Suisse and some of the world's largest central banks sought to reassure and stabilize global financial markets. Brent crude futu...

SINGAPORE Asian stocks steadied and U.S futures rose on Monday in relief at a weekend rescue deal for Credit Suisse and a concerted effort from central banks to shore up the mood, though trade was tense and volatile as contagion fears stalked financial sh...

First Republic Bank saw its credit ratings downgraded deeper into junk status by S&P Global, which said the lender's recent $30-billion deposit infusion from 11 big banks may not solve its liquidity problems. S&P cut First Republic's credit rating...

LONDON/NEW YORK Credit Suisse said 16 billion Swiss francs ($17.24 billion) of its Additional Tier 1 debt will be written down to zero on the orders of the Swiss regulator as part of its rescue merger with UBS, angering bondholders on Sunday. FINMA, the S...

SYDNEY A top Australian central banker on Monday said stress in the global banking system was mainly confined to a small number of poorly managed banks and was just one of many considerations for domestic monetary policy. Asked whether the stress argued f...

"Il dolce far niente," translated in English, means "the sweetness of doing nothing." Now that is my idea of a perfect vacation! My sister had just booked herself for a trip and was asking me to be her travel buddy. Without a second though...

PAK na pak ang pasabog na TikTok video ng isang 73-anyos na lola na ilang araw nang viral ngayon sa social media. Napa-wow at napanganga talaga ang mga netizens nang mapanood nila ang video ni Erlinda Swalog Baiting o mas kilala bilang si Lola Gets sa mun...

Reigning Miss Universe R'Bonney Gabriel of the United States will be visiting the Philippines in May due to a "huge event" of the Miss Universe Organization. Gabriel, who is half-Filipino courtesy of her father who was born and raised in Manil...

GARMISCH-PARTENKIRCHEN, Germany — The white-colored humanoid "Garmi" does not look much different from a typical robot — it stands on a platform with wheels and is equipped with a black screen on which two blue circles acting as eyes a...

PARIS — Journalists had fun last year asking the shiny new AI chatbot ChatGPT to write their columns, most concluding that the bot was not good enough to take their jobs. Yet. But many commentators believe journalism is on the cusp of a revolution w...

SAN FRANCISCO — The rise of artificial general intelligence — now seen as inevitable in Silicon Valley — will bring change that is "orders of magnitude" greater than anything the world has yet seen, observers say. But are we read...

Finance and business run deep in the veins of Isabelle Gotianun Yap, a rising executive at EastWest Bank, the banking arm of family-led Filinvest Development Corp. The 34-year-old Isabelle, recently named among 100 new Young Global Leaders (YGL) of the Sw...

This Lenten season, the Christian/Catholic faithful are encouraged to fast and/or abstain. According to the Catholic website Dominus Est (DominusEst.PH), fasting is reducing one's intake of food to one meal a day or two small meals that count as one m...

For Maria Grace Uy, bringing innovation in the technology space—particularly for the telecommunication industry—is crucial to drive progress in an increasingly digital world. More than this, however, the Converge ICT Solutions Inc. cofounder a...

Women leaders or women who aspire to be leaders should boldly go for what they want. "Don't be afraid to take up space. You have a unique set of things to offer the world, so go and share those gifts," says Pia Arellano, who knows whereof she ...

MANILA, Philippines --- F2 Logistics coach Regine Diego offered no excuses in their tough loss to Creamline in Game 1 of their best-of-three semifinals series in the 2023 Premier Volleyball League All-Filipino Conference on Saturday at Philsports Arena.&#...

MANILA, Philippines--- Far Eastern University player CJ Cabatac suffered a gruesome leg injury in the game between the Tamaraws and National University in the UAAP Season 85 men's volleyball tournament at San Juan Arena on Saturday.In the first set wi...

MANILA, Philippines --- Michele Gumabao was determined to redeem herself from Creamline's previous loss to F2 Logistics and the veteran opposite spiker picked the perfect time to get the job done.With a lot more riding in the game this time, Gumabao s...

MANILA, Philippines---After helping Far Eastern University-Diliman get its fourth UAAP boys' basketball crown, Janrey Pasaol has committed to try and do the same for the Tamaraws in the seniors' division.The 5-foot-11 guard cited gratitude as one ...

Mo Tautuaa and Vic Manuel figured prominently in San Miguel Beer's rout of Rain or Shine on Friday and their return to form comes at a time when the Beermen will gun for a second crown this season without cornerstone June Mar Fajardo."I've spo...

MANILA, Philippines---A focused National University swept a deflated Far Eastern University, 25-20, 25-20, 25-16, in the UAAP Season 85 men's volleyball tournament at San Juan Arena.The Bulldogs kept their winning streak going at six for the season th...

MANILA, Philippines---Adamson broke Nazareth School of National University's 23-game winning streak and forced a rubber match for the UAAP Season 85 girls' volleyball championship.The Baby Falcons trounced the Lady Bullpups in five highly conteste...

MANILA, Philippines --- Kai Sotto delivered a double-double to lead the Hiroshima Dragonflies to a 90-72 rout of the Ibaraki Robots in the 2022-23 B.League season on Saturday at Adastria Mito Arena.The 7-foot-3 center continued to make waves in Japan as h...

MANILA, Philippines --- Creamline finally got one over F2 Logistics as the defending champion outplayed the first-time semifinalist for a 26-24, 25-18, 22-25, 25-15 victory to inch closer to the 2023 Premier Volleyball League All-Filipino Conference Final...

The International Criminal Court (ICC) has issued an arrest warrant for Russian President Vladimir Putin, accusing him of responsibility for the war crime of illegal deportation of children from Ukraine. In its first warrant for Ukraine, the ICC called fo...

CITY OF MALOLOS — A believed 4-month-old juvenile Philippine Scops owl (Otus megalotis) was rescued on Friday by residents and government personnel in a forested area in Sta. Maria town in Bulacan province. Julius Victor Degala, head of Bulacan Envi...

A man who played dead before fleeing the scene of a bloody drug raid conducted by the Quezon City police in 2016 was acquitted of charges that he fought back, or "nanlaban," an allegation made by the law enforcers when they discovered that he was ...

WASHINGTON -U.S. President Joe Biden said on Friday that Russian President Vladimir Putin has clearly committed war crimes and the International Criminal Court's (ICC) decision to issue an arrest warrant for him was justified. The ICC earlier on Frida...

CEBU CITY, Philippines — The annual Angels' Walk of persons with autism (PWAs), returns to Cebu after a two-year hiatus on April 2, 2023 (Sunday), beginning at 10:00 A.M. at the SM Seaside, Mountain Wing, Main Lobby. The Angels' Walk, which ...

CEBU CITY, Philippines —Additional amateur bouts guarantee to spice up the Villamor Boxing Gym (VBG) amateur monthly grassroots program that will unfold tomorrow, March 20, at the VBG Gym in Barangay Pagsabungan, Mandaue City. The monthly amateur bo...

CEBU CITY, Philippines — Cebu Governor Gwendolyn Garcia has a reminder for national agencies planning to implement national projects in the province. The governor issued on Friday, March 17, 2023, Memorandum No. 7 series of 2023, calling on various ...

The Philippine Franchise Association (PFA) will be holding a Regional Franchise Show featuring more than 60+ franchise brands in SM Lanang Premier on March 30 April 1, 2023. Franchise Negosyo para sa Davao is part of PFA's efforts to promote entrepren...

CEBU CITY, Philippines — Trillis, Build It, and Cebu Sinclair Paints scored rousing starts to their respective campaigns on Friday in the 6th Corporate Cup of the Architects + Engineers Basketball Club at the Aznar Coliseum. Trillis nipped EGS, 59-5...

MANDAUE CITY, Philippines — The Mandaue City Legal Office is visiting different departments of the city hall to provide legal aid. This is the new program curently implemented by the office headed by Lawyer John Eddu Ibaez, city legal officer. They ...

Former U.S. President Donald Trump posted to YouTube and Facebook on Friday, in a return to the tech platforms he used to power his political rise until he was cut off following the Jan. 6, 2021, attack on Congress by his followers. The posts on his Faceb...

TikTok's breakneck rise from a niche video-sharing app to a global social media behemoth has brought plenty of scrutiny, particularly over its links to China. Several governments have banned the app from their equipment over fears that officials could...

First lady Liza Araneta Marcos headlines Go Negosyo's Women Entrepreneurship Summit this Saturday, March 18, at SM Mall of Asia Activity Center in Paraaque City. Joining her will be US Ambassador Marykay Carlson, Trade Secretary Alfredo Pascual, Paraa...

After Senate President Juan Miguel Zubiri said that proponents of Charter change (Cha-cha), did not not have the 18 votes needed to pass any legislation on amending the Constitution, House leaders pinned their hopes on Senator Robinhood Padilla to make th...

Eleven ranking police officials have been included in the latest reshuffle at the Philippine National Police, including the Central Visayas police chief at the time of the assassination of Negros Oriental Gov. Roel Degamo. Based on PNP chief Gen. Rodolfo ...

Solicitor General Menardo Guevarra said the government could create an "independent commission" to investigate the thousands of drug war killings during the administration of former President Rodrigo Duterte just to prove to the International Crim...

The Food and Drug Administration (FDA) has warned unscrupulous sellers against the unauthorized use of its logo as well as that of its parent agency, the Department of Health (DOH), to sell bogus health products on social media platforms. In a March 14 ad...

Only 45.82 million subscriber identity module (SIM) cards or 27.12 percent out of the 170 million SIM cards in the country have been registered so far, less than a month before the April 26 deadline, the Department of Information and Communications Techno...

A Chinese national was arrested for trafficking women to do sexual services in Pasay City on March 14. The National Bureau of Investigation identified the suspect as Wen FangFang. Agents received prior information alleging that suspect FangFang engaged fo...

ACCRA --- Ghanaians gathered outside the country's parliament building in Accra on Friday for the state funeral of national soccer team winger Christian Atsu, who died during the earthquake in southern Turkey last month.Atsu had gone missing after the...

Alphabet Inc-owned YouTube said Friday it lifted restrictions on former U.S. President Donald Trump's channel, following a more than two-year suspension after the deadly Capitol Hill riot on January 6, 2021. Trump now has access to key vehicles for po...

MANILA, Philippines The country's gross international reserves (GIR) is now expected to return to the $100-billion level this year after sinking to $96.1 billion in 2022, according to the Bangko Sentral n Pilipinas (BSP). This new forecast that shows ...

MANILA, Philippines Banks in the Asia-Pacific region, including ones in the Philippines, are resilient to risks that characterized the failure of two large financial institutions in the United States, mainly as authorities are expected to support Asian ba...

MANILA The Philippine national government posted a P45.7-billion budget surplus in January, taking a respite from eight straight months of incurring monthly deficits. Finance Secretary Benjamin Diokno said in a statement the January readout was a reversal...