Bank of America, the second-largest US bank, failed to promptly report hundreds of millions of dollars in suspicious transactions bearing signs of Chinese money-laundering networks, US regulators said on Tuesday, announcing more than US$1.21 billion in penalties for broader anti-money-laundering and sanctions failures. The Financial Crimes Enforcement Network, or FinCEN, said the activity included large wire transfers to counterparties in China, repeated credit-card purchases at major retailers...

CAGAYAN DE ORO CITY — The fate of Vice President Sara Duterte’s defense strategy now hangs in the balance, caught between the prosecution’s potential objections and the final rulings of the Senate impeachment court, according to former Supreme Court Senior Associate Justice Antonio Carpio. His pronouncement follows the Senate impeachment court’s decision, led by presiding

(Satellite image from Pagasa) MANILA, Philippines — Occasional rain showers triggered by the northeasterly wind flow and intertropical convergence zone (ITCZ) are expected in several parts of the country on Thursday, according to the state weather bureau. In its 4 p.m. weather advisory, the Philippine Atmospheric, Geophysical, and Astronomical Services Administration (Pagasa) said that cloudy

Beijing's presence in the Bahamas and its military implications for the U.S. are often overshadowed by discussion of Chinese activities elsewhere in the region.

MANILA, Philippines — The Commission on Audit (COA) has commended the Office of the President (OP) for utilizing its P4.2 billion socio-civic projects fund (SCPF) to procure hospital equipment. In its annual audit report for 2025 published on COA’s website on Tuesday, the agency said OP made total fund transfers amounting to ₱4,217,259,693.10 in calendar

MANILA, Philippines—A former soldier and an active police officer were arrested in Pangasinan for allegedly trading firearms, the Philippine National Police (PNP) and Criminal Investigation and Detection Group (CIDG) said on Wednesday. The CIDG Pangasinan Provincial Field Unit, along with the Integrity Monitoring and Enforcement Group (IMEG) Luzon Field Unit and the Villasis Municipal Police

By pressing Central Asian governments to protect Uyghurs and resist Beijing’s coercion, Secretary Rubio can demonstrate that America’s moral leadership still matters.

MANILA, Philippines — Senate deputy majority leader Sen. Joel Villanueva on Wednesday asked Vice President Sara Duterte’s spokesperson Atty. Paolo Panelo if he should have thrown a fit over the prosecution’s move to drop three of the four articles of impeachment against Duterte. Panelo, in a statement, questioned the “lack of outrage” of the Senate

CALAPAN CITY — Residents of the Marinduque towns of Santa Cruz and Torrijos will enjoy shorter, cheaper trips when the P300-million Balogo Port opens in June 2027, providing an alternative docking facility to Balanacan Port in Mogpog. Marinduque lone district Rep. Reynaldo Salvacion said the new port would make sea travel more convenient by cutting

Military communication channels become bargaining chips precisely when a crisis makes them indispensable.