MANILA, Philippines -- (UPDATE) The peso slid to a new 10-month low of P45.70 to the dollar Friday before heavy central bank intervention pulled it back to P45.45 near the day's close.

MANILA, Philippines--Manny Pacquiao's quest for greatness didn't end with his demolition of David Diaz for the World Boxing Council lightweight crown on June 28 in Las Vegas.

MANILA, Philippines -- Policemen arrested on Thursday afternoon four students, including a girl, of Polytechnic University of the Philippines, accused of taking part in raping a freshman marketing student inside the school campus last month.

MANILA, Philippines -- (UPDATE 2) Opposition lawyer Homobono Adaza, detained on accusation of planning to oust President Gloria Macapagal-Arroyo, was released on bail Friday evening, DZMM Teleradyo reported.

MANILA, Philippines -- Executive Secretary Eduardo Ermita said Friday the Palace was aware of destabilization plots that would be timed with the President?s State of the Nation Address (Sona) on July 28.

BUCHAREST -- A Romanian court on Friday ordered a surgeon who severed a man's penis during an operation to pay his victim Є500,000 ($785,000) in compensation.

MANILA, Philippines -- (UPDATE 3) President Gloria Macapagal-Arroyo has designated the new World Boxing Council lightweight champion Manny Pacquiao as Special Envoy of the President for the Games in the 2008 Olympics this August and the country?s flag-bearer.

President Gloria Macapagal-Arroyo went to Subic Friday to be the ?godmother? of the container vessel MV Argolikos, the first ship that the Hanjin Heavy Industries & Construction Philippines Inc. built in its shipyard on Subic Bay.

MANILA, Philippines -- "This blog is open to invited readers only," a local popular gossip blog Chikatime announced, as local readers were puzzled to find that the anonymous blog has recently been taken down.

MANILA, Philippines--It's always easy to pick the defending champion as the season's top seed.

MANILA, Philippines?A hero?s welcome, courtesy calls and guest appearances are in store for Manny Pacquiao when he planes in Friday from Los Angeles.

MANILA, Philippines -- Former presidential chief of staff Mike Defensor filed perjury charges Thursday against Rodolfo Noel Lozada Jr., key witness in the inquiry into the scandal-tainted national broadband network (NBN) deal, for allegedly conflicting testimonies before the Senate and Court of Appeals.