Philippine debt draws more foreign cash

MANILA, Philippines — Foreign investors are stepping up purchases of Philippine government bonds. This is a shift buoyed by market-friendly reforms and declining inflation, with regulators signaling comfort about the growing foreign presence. Japanese investment bank Nomura, citing talks with Philippine officials, said policymakers may be comfortable with a gradual rise in foreign participation to

Russian military jets ‘violate’ Estonian airspace, officials say

Russian military jets have violated Estonian airspace, officials have said. In a statement, the Estonian government said the incident involved three Russian MiG-31 fighter jets that flew over the Gulf of Finland for a total of 12 minutes without permission. Foreign minister Margus Tsahkna said Russia had already violated Estonian airspace four times this year, “which is unacceptable in itself, but today’s violation, during which three fighter jets entered our airspace, is unprecedentedly brazen”.

UST opens UAAP Season 88 with Olympic-inspired spectacle

MANILA, Philippines — University of Santo Tomas opened UAAP Season 88 with a large-scale celebration across its España campus on Friday, welcoming 36,629 attendees in an Olympic-style ceremony. The Thomasian community staged the kickoff at the Main Building and Open Field, marking its first hosting since Season 79 in 2016. This year’s theme is “Strength