President Donald Trump said he was ready to impose tariffs on all $500 billion of imported goods from China, remarks that sent the US stock market and dollar retreating and threatened to escalate a trade clash with the Asian giant.

The third major telecommunications player initiative has taken one step forward after a selection process has been agreed upon to determine which firm would challenge industry leaders PLDT and Globe.

The Philippine peso marginally firmed up against the dollar on Friday as US President Donald Trump's criticisms against the Federal Reserve weighed on the greenback.

The Bangko Sentral ng Pilipinas on Friday signaled it will further hike key monetary policy rates next month to ease rising commodity prices and volatility of the peso against the US dollar.  

The Department of Finance (DOF) said Friday it will pursue appropriate charges against public officials and private individuals who have «unduly» benefited from the issuance of around P11.18-billion worth of tax credit certificates (TCCs) to ineligible and non-existent textile companies between 2008 and 2014.  

Share prices on the Philippine Stock Exchange rebounded on Friday as investor bought positions ahead of the third State of the Nation Address (SONA) of President Rodrigo Duterte on Monday, July 23.  

TOKYO -- Most Asian stock markets retreated on Friday after China allowed its yuan currency to slide further, stoking concerns Beijing's currency management could become the next flash point in a fierce trade conflict with the United States.

The Philippine Competition Commission (PCC) and the Public-Private Partnership (PPP) Center on Friday signed a memorandum of agreement (MOA) on streamlining the process of facilitating public-private partnership projects.

The controversial acquisition by Grab Holdings Inc. of the Southeast Asian business of Uber Technologies Inc. will get clearance from the Philippine Competition Commission (PCC) if both parties agreed on «voluntary commitments» to address anti-trust concerns.

U.S. stock indexes were trading lower on Thursday, as a batch of weak quarterly reports dampened a robust earnings season and trade tensions rose on news the European Union may retaliate if the United States slaps tariffs on EU cars.

SoftBank Group Corp Chief Executive Masayoshi Son blasted Japan on Thursday for not allowing ride-sharing services, calling it «stupid» and saying the country was lagging overseas rivals in areas such as artificial intelligence (AI).

PNOC-EC is targeting to bring in lower-priced diesel from overseas sometime in August or September if it can secure suppliers, storage facilities, and distributors to its intended market: public utility vehicles.

Transport company Taguig Transport Service Cooperative will not be imposing a boundary system on its modern jeepneys.

The Manila International Airport Authority (MIAA) on Thursday night announced that some flights had been diverted to Clark International Airport due to bad weather and low fuel.

National Food Authority (NFA) spokesperson and Region III director Rex Estoperez on Thursday said inclement weather continues to prevent the delivery of NFA rice from ports to markets.

TOKYO -- Asian shares made early gains on Thursday as upbeat Wall Street earnings supported global investor sentiment, although trade war jitters pushed China's offshore yuan to a fresh one-year low.

The Philippine government's capability to implement foreign-assisted projects showed improvement in 2017, the National Economic and Development Authority (NEDA) said Thursday.

Tesla shares stumbled Monday as chief executive Elon Musk faced criticism over a public spat with a British diver who worked on the Thai soccer team rescue.

The S&P 500 rose to its highest in more than five months and the Dow climbed for a fifth session on Wednesday as solid earnings boosted financial and industrial stocks and reinforced expectations for a strong second-quarter reporting season.

The Department of Transportation (DOTr) will soon be allowing airline companies to impose a fuel surcharge to help ease the impact on its business of the rising petroleum prices.

Manufacturers in every one of the Federal Reserve's 12 districts worried about the impact of tariffs, a Federal Reserve report said on Wednesday, even as the U.S. economy continued to expand at a moderate to modest pace.

The National Historical Commission of the Philippines called out an online store on Wednesday for selling shoes that appear to be bear elements of the Philippine flag.

EU regulators hit Google with a record €4.34 billion ($5 billion) antitrust fine on Wednesday for using its Android mobile operating system to squeeze out rivals.

Alphabet Inc.'s Google is expected to be fined a record €4.3 billion ($5.00 billion) by the European Union over its Android system, Bloomberg reported on Wednesday.

Whatever the reason, a career shift--or leaving that “comfort zone”--must be planned before filing that resignation letter and hopping over to a new company or industry.

Enviroment Secretary Roy Cimatu will meet mining operators at the end of the month to discuss a proposed policy on 'reinventing' mining.

Share prices on the Philippine Stock Exchange sustained an uptrend on Wednesday, with the main index breaching the 7,400-level supported by positive sentiments from the rally in the Wall Street following comments from US central bank's chair.

Global credit watcher Fitch Ratings on Wednesday maintained the Philippines' long-term foreign-currency issuer default rating (IDR), but flagged the risk of the overheating given the recent uptick in inflation and the rapid credit growth.

The result of an inter-agency review of mining operations ordered closed or suspended in 2017 is expected to be released by the end of July, Environment Secretary Roy Cimatu said Wednesday.  

The Land Transportation Franchising and Regulatory Board (LTFRB) on Wednesday ordered Hype Transport Systems Inc. to justify its supposed additional charges, else face suspension or cancellation.

Japan and the European Union signed a wide-ranging free trade deal on Tuesday that both sides hope will act as a counterweight to the protectionist forces unleashed by US President Donald Trump.

CLARK, Pampanga -- The unsolicited proposal of seven of the biggest conglomerates in the Philippines to take over the operations and maintenance of Ninoy Aquino International Airport will soon get an original proponent status from the government, Department of Transportation officials said Tuesday.

The benchmark PSEi finished in the green Tuesday, but shares prices in the wider market were largely mixed in thin trading.

Financial independence seems to be on everyone’s mind. People long for that day when they can earn enough to afford pursuing their dreams, whether it’s starting a family or a small business.

Chinese Ambassador to the Philippines Zhao Jianhua allayed concerns that the Philippines is headed to a debt trap amid observations Manila seems inclined to borrow more from Beijing to fund its ambitious infrastructure program.