The Market Monitor Minding the Nation's Business

Mina, Saudi Arabia—Saudi Arabia faced new accusations of neglect in the hajj disaster that killed over 700 people, the second tragedy at this year’s pilgrimage overseen by the kingdom’s rulers who base their legitimacy, in part, on protecting Islam’s holiest sites.

By Paul Newberry / The Associated Press Atlanta—As Tiger Woods recovers from another operation on his increasingly creaky body, the Tour Championships goes on without him at soggy East Lake.

By Graham Dunbar / The Associated Press Zurich—The Fédération Internationale de Football Association (Fifa) sank deeper into a crisis last weekend that threatened to take down the two most powerful men in world football.

Review by Lindsey Bahr / The Associated Press The world of Nancy Meyers sure is beautiful. But her studied production design and dreamy interiors have become such a focal point that they’ve almost eclipsed her storytelling. It marginalizes what she does, and how she has, from The Parent Trap to It’s Complicated, created her own lovely and implausible cottage industry …

A month after it won first prize in the Full-length Play in Filipino category at this year’s Carlos Palanca Memorial Awards for Literature, Kanakan-Balintagos’ Mga Buhay na Apoy will open at the Cultural Center of the Philippines (CCP) on October 2 as Tanghalang Pilipino’s (TP) second offering for its 29th season.

Film lovers can now watch award-winning films from past editions of the Cinemalaya Philippine Independent Film Festival for free until April 2016 as part of the Cultural Center of the Philippines’ (CCP) Arthouse Cinema program, the cultural institution announced recently.

By Donna Gordon Blankinship / The Associated Press  Seattle—It doesn’t always rain in Seattle, despite its reputation, so pack sunglasses when you visit this city in Washington state, and be sure to catch new attractions, like the Great Wheel, as well as classic ones, like the chewing-gum wall.

By Luis Leoncio Senate proponents of the bill reducing income and corporate taxes are proposing a new tack to compensate for the revenue losses the government would incur.

The increasing tax burden and overregulation are the two major concerns for sustainable growth in the Philippines, according a survey conducted by the international auditing firm PricewaterhouseCoopers (PWC) among the Philippines’ top business leaders.

By Jerry Maglunog Emerging market economies (EMEs) that include the Philippines are expected to benefit from the decision of US monetary officials to maintain key rates, Bangko Sentral ng Pilipinas (BSP) Governor Amando Tetangco Jr. said.