NORGES: RATES PROBABLY AT CURRENT LEVEL QUITE SOME TIME

RATES MAY NEED TO BE ON HOLD LONGER THAN ENVISIONED: NORGES

MNI: NORGES BANK LEAVES RATES UNCHANGED AT 4.50%

MNI WATCH: CNB Seen Cutting 50Bps to 5.25%, Signal Slower Pace

MNI China Daily Summary: Tuesday, April 30

MNI BRIEF: China To Keep Tackling Risks In Real Estate, Debts

MNI: BAKER HUGHES US RIG COUNT 605; OIL RIGS 499; GAS RIGS 102

BoE Data Watch

RBA Data Watch

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Manila Upgrades Ties w/NZ Amid Regional Diplomatic Drive

PHILIPPINES
EM BulletHomepagemarkets-real-timePolitical RiskPolitical Risk BulletBulletEmerging Market NewsBank of Japan (BOJ) Market NewsPolitical Market News

(MNI) London - The upgrading of ties between New Zealand and the Philippines to a 'comprehensive partnership' has been announced as part of NZ PM Christopher Luxon's official visit to the country. Bloomberg reports: "Together, we are committed to stepping up our defense relationship,” Luxon said. [President Ferdinand] Marcos said they’re aiming for wide-ranging maritime cooperation including on illegal fishing and terrorism “that will have our respective law enforcement and civilian agencies working together to address common threats at sea.” A joint statement from Luxon and Marcos. stated that the two leaders "recognise the importance of peace and stability across the Taiwan Strait."

  • The establishment of closer ties with Wellington comes as the Philippine Foreign Ministry hit back at comments from Beijing regarding Manila's recent foreign policy moves. The ministry said that the deepending of ties with the US and Japan at a recent tripartite meeting was "a sovereign choice" for the Philippines. Reuters: "Philippine foreign ministry said the trilateral grouping would promote peace and economic growth in the Indo-Pacific and should not be considered a threat. China's "excessive maritime claims and aggressive behaviour", on the other hand, are undermining the peace and stability in the region, it said."
  • Earlier in April, Chinese Foreign Ministry spox Mao Ning said China opposes "forming exclusive circles in the region" and any "acts that stoke and drive up tensions".
224 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

(MNI) London - The upgrading of ties between New Zealand and the Philippines to a 'comprehensive partnership' has been announced as part of NZ PM Christopher Luxon's official visit to the country. Bloomberg reports: "Together, we are committed to stepping up our defense relationship,” Luxon said. [President Ferdinand] Marcos said they’re aiming for wide-ranging maritime cooperation including on illegal fishing and terrorism “that will have our respective law enforcement and civilian agencies working together to address common threats at sea.” A joint statement from Luxon and Marcos. stated that the two leaders "recognise the importance of peace and stability across the Taiwan Strait."

  • The establishment of closer ties with Wellington comes as the Philippine Foreign Ministry hit back at comments from Beijing regarding Manila's recent foreign policy moves. The ministry said that the deepending of ties with the US and Japan at a recent tripartite meeting was "a sovereign choice" for the Philippines. Reuters: "Philippine foreign ministry said the trilateral grouping would promote peace and economic growth in the Indo-Pacific and should not be considered a threat. China's "excessive maritime claims and aggressive behaviour", on the other hand, are undermining the peace and stability in the region, it said."
  • Earlier in April, Chinese Foreign Ministry spox Mao Ning said China opposes "forming exclusive circles in the region" and any "acts that stoke and drive up tensions".