Manila has scrapped a deal with China to fund and build three rail projects on Luzon and Mindanao islands, which were considered defunct even before Marcos Jr took office in mid-2022
Three-quarters of the money went into manufacturing and processing with the cash coming from China, Singapore and South Korea
Chief Executive John Lee said he would be introducing "patriotic" education in local schools and cybersecurity would also be strengthened
Shares rose slightly on markets in mainland China but dropped in Hong Kong, while Japan, Seoul and Sydney rebounded after three days of falls; Asian currencies edged higher
With his 36-year-old son as a possible vice-president, Jokowi is seeking to retain some influence in government, analysts say.
Myanmar is edging closer to failed state status; its commerce minister revealed a "runaway trade deficit" last week, with exports over the past six months dropping to 46% of the previous fiscal year
Police arrested the chairman of Vietnam Rare Earth JSC (VTRE) — a company at the forefront of the country’s drive to boost its rare earth industry and rival China
Malaysian Prime Minister Anwar Ibrahim made the suggestion at a the first-ever summit of the two regional blocs in Saudi Arabia on Friday
Foreigners sold regional bonds worth $3.7 billion from Malaysia, Indonesia, South Korea, and Thai markets, their biggest sell-off since June 2022
The 433-hectare Wilton Greens project southwest of Sydney is mired in uncertainty because of the Chinese developer's debt woes and lack of critical infrastructure 82km from the city centre
Country's biggest private developer seems to have missed a payment deadline, which would put the group in default on $17 billion in offshore debt
Manila’s accusations come amid increased tensions in the South China Sea where Beijing claims sovereignty over almost the entire area