Philippine Business Directory

MANILA, Philippines — At least 16 prisoners from a jail in the province of Laguna escaped Wednesday by overpowering the guard although one surrendered immediately, a police official said.

HONG KONG — Stocks in Japan and Australia bounced higher on Wednesday and the yen steadied as investors edged away from safety plays on hopes that a salvaged Wall Street rescue plan in Washington could keep global equities rallying.

WASHINGTON — The US Senate will vote Wednesday evening on a revised $700 billion Wall Street bailout package, after the House of Representatives sparked economic turmoil by rejecting an earlier version.

LONDON/NEW YORK — Faced with sickly investment returns, the world’s top drug makers are taking the knife to research and development.

WASHINGTON — The US House of Representatives website limped back to life on Tuesday after succumbing to a flood of email to members of Congress and heavy interest in the financial bailout bill.

TOKYO –Fire broke out in a video shop in the western Japanese city of Osaka early Wednesday, killing 15 men and injuring 10 other people, the local fire department said.

TOKYO, Japan — The dollar dipped against the euro on Wednesday a day after the US currency surged on hopes that US lawmakers could still reach agreement to revive a $700-billion bank bailout plan to stem the credit crisis.

MANILA,Philippines – (UPDATE) Tropical storm “Pablo” (international codename: Higos) is expected to cross Southern Luzon, the state-run weather bureau said Wednesday.

LONDON — A letter written by a young Princess Diana in which she admitted trying to marry off her elder sister to her future husband Prince Charles was sold at auction in England Tuesday for more than £12,000.

WASHINGTON — When John McCain said in his first presidential debate that brutal living conditions in North Korea have made the people there shorter than their southern kin, he probably didn’t realize that Americans have also shrunk.