Philippines, Japan to seal defense deal at 2-plus-2 meeting in July

MANILA (Kyodo) — Philippine Defense Secretary Gilberto Teodoro said on Thursday that there is a “very strong possibility” for his country and Japan to sign an agreement allowing their defense forces to train in each other’s territories during a meeting involving the two nations’ foreign and defense ministers in July.

Markets cool off, Japan inflation on tap

A look at the day ahead in Asian markets.A classic economic data case of ‘good news is bad news’ from the United States on Thursday looks set to weigh on Asian markets on Friday, as that eagerly …