Regional

“The election is over and the people have spoken. So, let me first congratulate President-elect Surangel Jr. and all those elected to lead our next government,” Oilouch said in a concession statement.  Oilouch said Palauan people have clearly chosen their new president. While absentee votes r…

Biden has proposed raising the capital gains tax rate from 20% to 39.6% for those making over $1 million, which would represent a big blow to the asset management industry. Other tax hikes he has put forward include increasing the statutory corporate income tax rate from 21% to 28%. Biden was leadi…

Democrats, who had been favored to win the Senate majority heading into Tuesday’s election, had a net gain of only one seat to show by Wednesday afternoon as their options for further increases dwindled, despite a huge Democratic money advantage going into the final weeks of the campaign. Republica…

All of the ballots received so far were from voters on Guam and the Northern Mariana Islands, while those mailed to voters in the U.S. had yet to be received as of press time Wednesday. The EC is expecting to receive a large number of absentee ballots later this week. The deadline to receive ballot…

Labor Secretary Silvestre Bello III gave the order on Wednesday even as he acknowledged bureaucratic delays in handing out the cash aid to OFWs since the start of the lockdown nearly eight months ago. A total of 237,363 OFWs have been repatriated since the Covid-19 outbreak, according to the Depart…

The total number of cases increased to 1,543,321 but the ministry added that the number of new cases reported on Wednesday was a minimum number that could increase due to problems with data gathering. The ministry also reported that the number of people who have died from the virus increased by 385…

With the final result of Tuesday’s presidential election still uncertain, the U.S. central bank’s policy-setting Federal Open Market Committee is expected to stick closely to its last statement and repeat its pledge to do whatever it can to help the economy through the coronavirus-triggered recessi…

Because of the pandemic, China has temporarily suspended entry of non-Chinese nationals travelling from the United Kingdom even if they hold valid visas and residence permits, the Chinese embassy in Britain said on Wednesday. The Chinese embassy in Belgium released a similar statement announcing re…

Former Vice President Biden has said he is headed to victory, though President Donald Trump has claimed that he has won and is pursuing lawsuits and a recount. Still, Sportsbet said it has paid out on more than 100,000 bets laid on a Biden victory. “We have supreme confidence that Biden will end up…