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Philippines Launches Corruption Probe Amid Protests, Stock Drop

9/27/2025

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Summary

Story summary

The Philippine government announced a corruption probe including relatives of President Ferdinand Marcos Jr.
Domestic stocks fell sharply as protests over graft tied to flood-control projects intensified.
Protesters gathered at People Power Monument to recall 1986 revolution against Marcos dictatorship.
In Taiwan, four people were sentenced for spying for China, including a former staffer of President Lai Ching-te.

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Story summary

The Philippine government announced a corruption probe including relatives of President Ferdinand Marcos Jr.
Domestic stocks fell sharply as protests over graft tied to flood-control projects intensified.
Protesters gathered at People Power Monument to recall 1986 revolution against Marcos dictatorship.
In Taiwan, four people were sentenced for spying for China, including a former staffer of President Lai Ching-te.