U.S. steel executives appeal directly to Trump for import restrictions

American steel industry executives have appealed directly to President Donald Trump for immediate import restrictions in a letter seen by Reuters, as a U.S. Commerce Department national security probe languishes and steel imports surge back to 2015 levels.

‘Jolina’ intensifies closing in on land

(UPDATE 2 - 1:02 p.m.) Tropical storm “Jolina” (international name: Pakhar) intensified further late Friday morning as it moved towards landfall, expected to be in the Isabela-Aurora area in the evening.

FORBES’ 50 RICHEST | Tycoons’ fortunes impacted by Duterte’s push for infrastructure

Henry Sy, Sr. of the SM Group has remained the country’s wealthiest man on the Forbes Philippines’ 50 Richest List for the tenth straight year, with the economic policy of President Rodrigo R. Duterte playing part in dictating the fortunes of the country’s business magnates.

BSP tightens risk management rules

The central bank has issued fresh guidelines that require risk management protocols of banks and other financial firms, as well as their subsidiaries.
philippine peso bills

PH peso is exception to investors’ bullish mood on Asian currencies

Investors positioned themselves for further gains in Asian currencies against the dollar on expectations the US currency will soften further in the coming months, a Reuters poll showed on Thursday.
India supreme court

India’s top court declares privacy as basic right, in ruling seen to limit national...

India's top court unanimously ruled on Thursday that individual privacy is a fundamental right, a verdict that will impact everything from the way companies handle personal data to the roll-out of the world's largest biometric ID card program.

WATCH | In battle gear, DU30 visits troops in Marawi, tries hand at sniper...

Clad in full battle gear, President Rodrigo Roa Duterte visited war-torn Marawi City for the third time on Thursday (August 24), to boost the morale of government troops from the Joint Special Operations Task Force Trident who have been fighting the Maute-led local terrorists for three months.
US Capitol Building Reuters

US could start missing payments on October 2: think tank

The US government might not have enough money to pay all its bills on Oct. 2 if Washington does not raise a cap on federal borrowing, a respected think tank said in a report on Thursday.

WATCH | Opposition’s Hontiveros, admin’s DOJ in tug-of-war over custody of witnesses in Kian...

The opposition's Sen. Ana Theresia "Risa" Hontiveros and the administration's Department of Justice are in a tug-of-war over the custody of three individuals who witnessed how the police allegedly abused and then killed Caloocan Grade 11 student Kian Loyd delos Santos last August 16.

WATCH | Sereno unfazed by ouster threats, says her lifestyle ‘modest,’ her conscience ‘clear’

Saying she didn't live beyond her means and had been cautious in utilizing public funds, Chief Justice Lourdes Sereno on Thursday defended herself from the allies of President Rodrigo Durerte who want her kicked out of office.

McGregor and Mayweather trade praise not profanities

Conor McGregor and Floyd Mayweather Jr. declared a truce on Wednesday after weeks of vicious verbal attacks, offering praise instead of profanities at the...

Australia says organized crime in financial sector costing $28 billion a year

Organized crime in the financial sector is costing Australia A$36 billion ($28.43 billion) a year, the criminal intelligence authority said on Thursday.

De Lima: house-to-house drug test among urban poor inaccurate, violates due process

The house-to-house drug testing being implemented by the Philippine National Police (PNP) in Payatas, Quezon City as part of the government’s “massive drug clearing operation” is inaccurate and violates due process, Senator Leila de Lima has warned.
donald trump, reuters

US probe finds another email trying to connect Trump officials, Putin: CNN

Congressional investigators have found another email from a top aide to President Donald Trump last year about an effort to arrange a meeting between campaign officials and Russian President Vladimir Putin, CNN reported on Thursday, citing sources.

Isabela, Northern Aurora, Southern Cagayan under Signal No. 1 due to Tropical Depression Jolina

Isabela, Northern Aurora, and Southern Cagayan are now under Tropical Cyclone Warning Signal No. 1, as Tropical Depression Jolina was spotted 560 kilometers east of Casiguran, Aurora at 3:00 p.m. on Thursday.