The National Economic and Development Authority said Tuesday it is leading the rehabilitation planning for regions devastated by Typhoon Ompong.  

China will not be content to only play defence in an escalating trade war with the United States, a widely read Chinese tabloid warned, as US President Donald Trump was expected to announce new tariffs on $200 billion in Chinese goods as early as Monday.

The United States is ready to negotiate a trade deal with China whenever Beijing is prepared for serious talks that will reduce tariffs and eliminate non-tariff trade barriers, top White House economic adviser Larry Kudlow said on Monday.

Coca-Cola said Monday it is studying the use of a key ingredient in marijuana in «wellness beverages,» as a growing number of mainstream companies develop cannabis-infused drinks.

Farm damage from Supertyphoon Ompong (international name: Mangkhut) has breached P14 billion as of Monday, according to initial estimated by the Department of Agriculture.  

President Rodrigo Duterte on Monday repeated his desire to shut all mines in the country following deadly landslides that some government officials and large miners said have been exacerbated by illegal small-scale mining.  

The Philippine peso retreated back to the P54:$1 level on Monday, dragged by global trade concerns.

Personal remittances posted a 4.5-percent year-on-year growth in July, data released by the Bangko Sentral ng Pilipinas on Monday showed.

Philippine shares closed flat on Monday, albeit in the green, as the market searched for fresh leads to move higher

Benguet Corp. on Monday said it conveyed geohazard warnings to small-scale miners who encroached on its land in Itogon, Benguet but they were ignored.  

JPMorgan Chase CEO Jamie Dimon said Sunday the US banking system has returned to full health 10 years after the collapse of Lehman Brothers plunged the world into the worst financial crisis since the Great Depression.

Over 400,000 Meralco customers are currently affected by services interruptions due to the wrath of super typhoon Ompong.

Both Smart Communications Inc. and Globe Telecom Inc. have put up «libreng tawag» stations in areas affected by Typhoon Ompong.

President Rodrigo Duterte on Sunday vowed to implement rice tariffication in order stomp corruption and fend off rice cartels.

Maynilad Water Services Inc. on Sunday announced that parts of Bulacan, the National Capital Region, and Cavite will have water service interruption from Sunday, Sept. 16 until Tuesday, Sept. 18.

The government will require retailers to sell cheaper regular and well milled commercial rice or their license to sell rice will be revoked, Trade Secretary Ramon Lopez said Sunday.

There should be no price increases in basic commodities in the aftermath of Typhoon Ompong as supply remains sufficient, Trade Secretary Mon Lopez said Sunday.

Trade and investment ministers from G20 countries meeting in Argentina said there was an «urgent need» to improve the World Trade Organization, a joint statement said on Friday.

US technology and consumer discretionary stocks have been insulated from global trade tensions, but if another round of US tariffs on Chinese goods goes into effect, even those high-flying sectors could come down to earth.

The National Electrification Administration said Saturday at least 11 electric cooperatives have reported power interruptions amid the onslaught of Typhoon Ompong (international name: Mangkhut).

More than 200,000 customers of the Manila Electric Co. (Meralco) were affected by power interruptions due to Typhoon Ompong.

PLDT-Smart and Globe Telecom on Saturday said they are now starting to restore telecommunications services interrupted by Typhoon Ompong.

U.S. stocks ended little changed on Friday as financials rose with bond yields, while news that President Donald Trump instructed aides to proceed with tariffs on about $200 billion of Chinese products limited gains.

US President Donald Trump has instructed aides to proceed with tariffs on about $200 billion more Chinese goods, despite Treasury Secretary Steven Mnuchin's attempts to restart trade talks with China, a source familiar with the decision said.

Some domestic and international flights scheduled for Saturday, September 15, and Sunday, September 16, have been canceled due to Typhoon Ompong.

U.S. stock index futures pointed to a higher open on Friday as hopes that the United States and China would start new trade talks calmed fears of a trade war and as technology stocks rose.

The Chinese economy revealed fresh signs of softness Friday with data showing the pace of investment slowing to record lows while retail spending and industrial production stabilized.

The Philippine economy and its institutions have been destroyed by the Duterte administration since it took over the country’s leadership in 2016, Albay 1st District Representative Edcel Lagman claimed on Friday.  

Philippine share prices retreated on Friday as investors turned cautious in the face of a potentially huge devastation from Typhoon Ompong.  

The Philippine peso appreciated against the dollar on Friday as weaker-than-expected US inflation rate and hawkish statements from the European Central Bank weighed on the greenback.

Los Angeles, United States -- SpaceX on Thursday announced a new plan to launch a tourist around the Moon using its Big Falcon Rocket, a massive launch vehicle that is being designed to carry people into deep space.  

Some major shopping malls in the country announced Friday that they are waiving their overnight parking charges to assist shoppers and nearby residents who will be affected by incoming typhoon Ompong.

The tobacco industry, which has been in a slump due to higher excise taxes and stricter regulations, is taking a shot at the export market.  

The public is broadly fearful that automation will lead to significant job losses, with many populations skeptical the technologies will boost economic efficiency, according to a survey of 10 countries released Thursday.

Volkswagen said on Thursday it would stop producing its Beetle compact car globally in 2019, ending a model that looked backward to the 1960s counter-culture as the automaker prepares for a leap toward a future of mass-market electric cars.