Fast-fashion retailer Forever 21’s U.S. operating company on Sunday filed for Chapter 11 bankruptcy for the second time in six years, hamstrung by dwindling mall traffic and mounting competition from ...

SEOUL – South Korea’s acting President Choi Sang-mok called on Monday to avoid any negative impact on science, technology and energy cooperation with the United States, after the U.S. Department of ...

February, while retail sales growth accelerated slightly in a mixed start for the economy this year as policymakers navigate mounting pressure from U.S. trade tariffs. The data ...

Russia will seek “ironclad” guarantees in any peace deal on Ukraine that NATO nations will exclude Kyiv from membership and that Ukraine will remain neutral, a Russian deputy foreign minister said in ...

TOKYO – Public support for Japanese Prime Minister Shigeru Ishiba’s government dropped to a record low after he handed out gift vouchers to some ruling party lawmakers, a poll conducted by the Asahi ...

Portions of Pennsylvania, New York and Mid-Atlantic and Southeast states were still under a National Weather Service watch for damaging wind and tornadoes, as the death toll from weekend storms rose ...

HAVANA – Cuba reconnected its national electrical grid and restored power to the majority of the capital Havana by late on Sunday, energy officials said, nearly two days after an island-wide outage ...

THE NATIONAL GOVERNMENT (NG) debt service payments surged to P2.02 trillion in 2024 as both interest and amortization payments increased, the Bureau of the Treasury (BTr) said. Data from the Treasury ...

THE PHILIPPINES’ outstanding external debt rose by nearly 10% year on year as of end-2024, the Bangko Sentral ng Pilipinas (BSP) said.

THE PHILIPPINE Deposit Insurance Corp. (PDIC) wants to introduce a risk-based assessment system to prevent banks from taking on too much leverage following the increase in the maximum deposit ...

THE PHILIPPINES’ services trade slumped in 2024 as exports grew at a much slower pace than imports, data from the Bangko Sentral ng Pilipinas (BSP) showed. Preliminary central bank data showed the ...

With car sales expected to top 500K units this year, local auto manufacturing should be pursued with vigor THE PHILIPPINE ...