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Citi unveils credit card in mobile phones MANILA, Philippines – Stuck in traffic with P1 load left in your prepaid phone and lots of phone calls to make? Need to have cooking gas, medicine, a gallon of water or dinner sent to your home, but you forgot to leave some cash? What about reloading your roaming prepaid card while you’re traveling overseas?


Won leads Asia down on inflation jitters SINGAPORE -- The South Korean won led losses among Asian currencies on Friday with investors increasingly worried by intensifying inflationary pressures in the region.


Biofuels behind food price hikes -- leaked World Bank report LONDON -- Biofuels have caused world food prices to increase by 75 percent, according to the findings of an unpublished World Bank report published in The Guardian newspaper on Friday.


Oil pauses near record over $145; US holiday ahead SINGAPORE -- Oil took a breather above $145 a barrel on Friday a day after tensions between Iran and Israel prompted traders to stock up on oil ahead of the Independence Day long weekend, sending futures to an all-time peak.


Asia stocks edge lower; oil above $145 HONG KONG -- Asian stocks slipped on Friday as record high crude oil prices threatened to jeopardise earnings and curb consumer spending, while the uncertain economic outlook following US jobs data boosted safe-haven government bonds.


Arroyo praises Hanjin for investments in Philippines MANILA, Philippines -- President Gloria Macapagal-Arroyo has praised Hanjin Heavy Industries for continuing to invest in the Philippines with its ship building facility in Subic, Zambales.


(UPDATE) Shares close higher on bargain-hunting MANILA, Philippines -- Shares closed firmer on Friday as investors snapped up select bargains though mindful of data showing inflation surging to a 14-year high in June, raising expectations of a further hike in the central bank's key interest rates later this month.


Asian stocks slip as oil hovers near record HONG KONG -- Asian stocks slipped on Friday as record high crude oil prices threatened to jeopardize earnings and curb consumer spending, with the uncertain economic outlook following US jobs data boosting safe-haven government bonds.


Peso and won extend losses on inflation concerns SINGAPORE -- The Philippine peso and South Korean won led losses among the weaker Asian currencies on Friday as investors turned wary of intensifying inflationary pressures, negative real yields and growth in the region.


Dollar pauses as traders mull US data, ECB remarks TOKYO -- The dollar took a breather in Asia Friday after strong gains sparked by US jobs data that were not as bad as feared and signs that a eurozone interest rate hike may be a one-off, dealers said.