RP liquidity in December expands by 8.3 percent

MANILA, Philippines (Xinhua) - Demand for money in the Philippines expanded in December as domestic liquidity or M3 rose by 8.3 percent on-year to P4 trillion ($85.9 billion), the Philippine central bank said Wednesday.

Social media and pop culture help Indonesians fight terrorism

JAKARTA (AP) — Using social media and pop culture has helped Indonesia's government counter terrorism and encourage moderate views on Islam, a leading terrorism expert said.

Space shuttle Endeavour pulls in at space station

Possible bailout for Greece lifts stocks Wednesday

MANILA, Philippines (Xinhua) -- The Philippine market rebounded Wednesday on hopes that the European Union will put up a bailout package for Greece.

Exports sector up by 23.6 percent

MANILA, Philippines (Xinhua) -- The Philippine export sector sustained its recovery with receipts in December increasing 23. percent or 3.3 billion U.S. dollars, the National Statistics Office reported Wednesday.

Oil drops to near $73 amid jump in US supplies

SINGAPORE (AP) — Oil prices fell to near $73 a barrel Wednesday in Asia after a report showing unexpected growth in U.S. crude inventories cast more doubt on the recovery in the world's biggest economy.