Business

Megawide Gets a Major Upgrade as Housing Bet Gains Momentum—Here’s What First Metro Sees Coming Next

MANILA, Philippines — Megawide Construction Corp. is gaining renewed attention from investors as its aggressive push into affordable housing begins to reshape the company’s growth outlook amid a challenging Philippine construction and property market. First Metro Securities has upgraded its valuation view on Megawide, raising its price target to ₱7.50 per share from ₱4.50, while maintaining a “Buy” rating. The brokerage said the company’s participation in the government’s Expanded Pambansang Pa

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South Korea Set for Major Government Shake-Up as Justice, Gender Equality Ministries Head to Sejong in 2027

South Korea is preparing for one of its biggest government relocation drives in years, with the Ministry of Justice and Ministry of Gender Equality and Family among the first major ministries expected to move from the Seoul metropolitan area to Sejong beginning in the first half of 2027. The plan, announced September 3 by Prime Minister Han Seong-sook and Interior and Safety Minister Yun Ho-jung, is part of a broader effort to reduce the country's heavy concentration of government functions, po

Philippines

Jinggoy Estrada Refuses to Plead—Then Sandiganbayan Makes the Move for Him

MANILA, Philippines — Senator Jose “Jinggoy” Estrada declined to personally enter a plea during his arraignment before the Sandiganbayan Fifth Division on Thursday, September 3, prompting the anti-graft court to enter a not guilty plea on his behalf in the graft and plunder cases tied to an alleged ₱573.75-million flood control kickback scheme. The development marks another major turn in the widening government investigation into alleged irregularities surrounding public works and flood control

Entertainment

Singapore F1 Opens Pit Lane to 4,500 Fans — But You Don’t Even Need a Grand Prix Ticket to Get In

SINGAPORE — Formula 1 fans hoping to get closer to the machines, garages and behind-the-scenes preparations of the Singapore Grand Prix are being offered a rare opportunity — and unlike most premium F1 experiences, they do not need to already own a race ticket. Singapore GP has opened the public ballot for its 2026 Thursday Pit Lane Experience, with up to 4,500 fans set to gain access to the Marina Bay Street Circuit on Oct. 8, one day before the Formula 1 Singapore Airlines Singapore Grand Pri

Japan

Japan Defends Asian Games Cricket Arrangements as Accommodation Concerns Spark Controversy

Cricket teams competing at the 2026 Asian Games will be offered hotel accommodation, Japan’s cricket chief says, as organizers push back against concerns over cramped facilities and the unusual lodging setup for athletes. Japan is facing growing scrutiny over preparations for cricket at the 2026 Asian Games in Aichi-Nagoya, but officials are insisting that participating cricket teams will receive hotel accommodation rather than the more limited options being used by athletes in some other sport

Asia

More Than 2,500 Students Trapped as Typhoon Saudel Floods China

Severe rainfall floods Zhejiang and Fujian as revived storm makes its third landfall and authorities rush food and water to stranded students BEIJING — More than 2,500 teachers and students were trapped inside a school compound in Wenzhou, Zhejiang, after torrential rain linked to Typhoon Saudel triggered flash flooding in the low-lying area, according to Chinese state media. The students and teachers were stranded on Wednesday, Sept. 2, as floodwaters rapidly rose around the school grounds. A

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Malaysia Fuel Prices Drop 5 Sen From Sept. 3 to 9 as Middle East Tensions Keep Oil Market on Edge

RON97, unsubsidised RON95 and diesel all become cheaper this week, but Malaysia warns fuel prices could remain volatile Malaysian motorists are getting a small break at the pumps this week. The prices of RON97 petrol, unsubsidised RON95 and unsubsidised diesel will each fall by 5 sen per litre from Sept. 3 to 9, 2026, according to Malaysia’s Ministry of Finance. The reduction comes after two consecutive weeks of increases, but the government is warning that the global fuel market remains vuln

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Taiwan Protests Chinese Military Patrols Near Disputed Minzhu Reef as South China Sea Tensions Rise

Taiwan has protested China’s latest military activity around Minzhu Reef in the South China Sea, accusing Chinese forces of conducting dangerous maneuvers that interfered with normal aircraft operations and warning against what Taipei described as increasingly assertive actions in disputed waters. The development, reported by Taiwan News on September 3, 2026, adds another layer to growing tensions surrounding the reef, which is known as Minzhu Reef in Taiwan, Huangyan Island in China and Bajo d

Entertainment

Aryna Sabalenka’s Net Worth: How the World No. 1 Turned Tennis Success Into a Multimillion-Dollar Fortune

The Belarusian superstar has earned more than $49 million in career prize money, while a booming endorsement portfolio is pushing her commercial value even higher Aryna Sabalenka is dominating women’s tennis — and her financial numbers are becoming just as impressive. The Belarusian star, currently the WTA world No. 1, has built a fortune through Grand Slam success, tournament winnings, sponsorships and business investments. Tatler Asia estimates her 2026 net worth at around US$22 million, alt

Philippines

Manuel Bonoan Declared Clinically Stable—Then Sandiganbayan Makes Its Move

Former Department of Public Works and Highways Secretary Manuel “Manny” Bonoan has been ordered released by the Sandiganbayan, days after the anti-graft court removed him as a co-accused in cases stemming from the controversial flood-control projects. The Sandiganbayan Fifth Division issued the release order on Thursday, September 3, effectively ending Bonoan’s hospital arrest at the Philippine National Police General Hospital in Camp Crame, where he had been held since June because of several