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Passenger Claims to be Terrorist, Threatens to Detonate Bomb Inside US-Bound Plane
DOMINICAN REPUBLIC – Bomb jokes and fake bomb threats in airports and inside airplanes have long been considered a serious crime and a Domican-American will learn that lesson well. Frank…
Bus Falls Off Cliff in China; 35 Dead
BEIJING – At least 35 people were killed when the bus they boarded fell into a deep cliff in Shaanxi province, China, authorities said today. The official Xinhua news agency…
Hong Kong Game Theory, Director Guilty of Unlicensed Futures Contracts Advising
HONG KONG – The Eastern Magistrates Court has convicted Hong Kong Game Theory Association Limited (Hong Kong Game Theory) and Mr Sze Ching Lok, its sole director and shareholder, of…
Philippine Stock Exchange To Use NASDAQ-Developed Trading System in June
MANILA, PHILIPPINES – The Philippine Stock Exchange, Inc (PSE) announced that starting June 1, it will replace the PSEtrade platform provided by NYSE Euronext Technologies SAS with the new trading…
Philippine Stock Exchange Warns of Investment Scams
MANILA, PHILIPPINES – The Philippine Stock Exchange, Inc. (PSE) has issued an advisory warning the public against the proliferation of investment scams. In a statement posted on its website, the…
New 7.3 Earthquake Hits Nepal; Kathmandu Residents in Panic
NEPAL – Residents in Nepal’s capital city of Kathmandu went into panic Tuesday as a strong earthquake, measuring 7.3 in magnitude, struck the Nepal-Tibet border, the US Geological Survey announced.…
Filipinos Warned Against Shaking Hands with Manny Pacquiao
MANILA, PHILIPPINES – Filipino fans of boxing icon and Philippine congressman Manny Pacquiao have been warned against shaking hands with the boxer when he arrives in the country after his…
Airline Crew Removes Autistic Teen from Plane
OREGON, USA – A mother from Oregon said she will file a case against United Airlines after her 15-year-old autistic daughter was removed from the plane. Donna Beegle and daughter…
Shanghai Banks Offer Higher Deposit Rates To Lure Customers
SHANGHAI, CHINA – Smaller banks in the Chinese city of Shanghai are doing all its best to keep up with competition and further attract depositors. This time, the banks are…
Typhoon Noul Batters Japan; Storm ‘Egay’ (Dolphin) To Enter Philippines Next Week
MANILA, PHILIPPINES – Typhoon Noul batters the southernmost tiny islands in Japan on Tuesday after leaving destruction and two fatalities in the Philippines, the Japan Meteorological Agency said. The agency…
Generali Asia Completes 49% Acquisition of Malaysian Insurer
MALAYSIA – Pursuant to the agreement signed on 18 December 2014, Generali completed the acquisition of a 49 percent stake in Multi-Purpose Insurans Berhad (“MPIB”) – a P&C insurance subsidiary…
Chinese Billionaires In Asia’s Wealthiest Under 40
Chinese Billionaires Dominate Asia’s Wealthiest Under 40 List The latest list released by Wealth-X showed that six young Chinese billionaires are in the top 10 of Asia’s wealthiest entrepreneurs under…
Foreign Equity Capital Investments in Philippines Up in February
MANILA, PHILIPPINES – Foreign net equity capital in the Philippines increased by 184.7 percent in February to US$179 million, sending the total foreign direct investments (FDI) rising by by 17.9…
Philippine Milk Tea Poisoning: Oxalic Acid Killed Victims
MANILA, PHILIPPINES – The Philippine National Police (PNP) said the remains of two people killed after drinking milk tea in Manila have tested positive for oxalic acid, a toxic bleaching…
Philippine Central Bank Meets This Week; Forecast To Keep Policy Rates
MANILA, PHILIPPINES – The Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, is meeting this week and analysts have predicted that it will keep the policy rates…
Two Dead as Super Typhoon Noul (Dodong) Displaces Thousands in the Philippines
MANILA, PHILIPPINES – At least two people were confirmed dead and more than 3,000 people fled their homes in northern Philippines as Super Typhoon Noul (Dodong) slammed into several provinces,…
China Says Interest Rate Cut Not Quantitative Easing
BEIJING – China’s central bank, the People’s Bank of China (PBOC) has trimmed the benchmark loan and deposit interest rates starting 11 May as the government seeks more ways to…
Top 10 Most Tourism-Ready Nations Named; Singapore Tops SE Asia
SINGAPORE – The World Economic Forum released the Travel & Tourism Competitiveness Report 2015, naming the top 10 most tourism-ready nations in the world, a list dominated by European economies.…
Landslide Warning Up as Typhoon Noul (Dodong) Lashes Northeast Philippines
MANILA, PHILIPPINES – Authorities have implemented forced evacuations in some parts of northeast Philippines as Typhoon Noul, locally named Dodong, made landfall in the province of Cagaya, north of Manila.…
Three Provinces Under Signal 3 As Powerful Typhoon Nears Philippines
MANILA, PHILIPPINES – Three provinces in northern Philippines have been placed under storm signal No. 3 as typhoon “Dodong” (international name “Noul”) moves closer to land, the country’s state weather…