Philippines’ Duterte orders occupation of isles in disputed South China Sea

Philippine President Rodrigo Duterte on Thursday ordered troops to occupy uninhabited islandsand shoals it claims in the disputed South China Sea, asserting Philippine sovereignty in an apparent change of tack likely to anger China. The firebrand leader, who on the...

Higher open seen for Asia markets as Trump-Xi summit gets underway, oil gains noted

Futures pointed to a higher start for Asian markets as U.S. President Donald Trump hosts Chinese President Xi Jinping at his Mar-a-Lago resort in Florida and investors noted solid gains for crude oil overnight. Xi arrived at West Palm Beach earlier in the day for the...