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(Bloomberg) -- The Philippines said three Chinese coast guard ships fired water cannons at two Philippine vessels in the South China Sea, in the latest flare-up of tensions between the two countries in the disputed waters.Most Read from BloombergTesla Soars on Tentative China Approval for Driving SystemStocks Trade for 390 Minutes a Day. Increasingly, Only 10 MatterHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsUS Warns ICC Action on Israel Would Hurt Cease-Fire ChancesYen Sparks Int

(Bloomberg) -- The US wants to help the Philippines double its semiconductor facilities, to lessen the geographic concentration of the global chip supply chain, Commerce Secretary Gina Raimondo said in a business forum in Manila on Tuesday.Most Read from BloombergOne of the Most Infamous Trades on Wall Street Is Roaring BackStock Rally Stalls in Countdown to Inflation Data: Markets WrapChina Has Never Canceled This Many Shipments of US WheatTech CEOs Are Addicted to Taking Needless RisksThe comm

(Bloomberg) -- The head of the Philippines’ largest pension fund, which manages 1.7 trillion pesos ($30.3 billion) in assets, wants to pour more money into equities, while seizing opportunities to boost returns through investments and acquisitions.Most Read from BloombergTrump Warns of Big Losses From Asset Sales During Property SlumpFed’s Preferred Inflation Metric Increases by Most in a YearStocks End Month at New Highs After Inflation Data: Markets WrapHow Much Wealth You Need to Join the Ric

The Philippine and U.S. militaries on Wednesday began their second maritime drills in the South China Sea in less than two months amid continuing tensions with China in the disputed

The Philippine and U.S. militaries on Wednesday began their second maritime drills in the South China Sea in less than two months amid continuing tensions with China in the disputed waters.