Morgan Stanley Sees Chinese Auto Market Recovery Gaining Momentum in Late Summer 
Trump Requests $11 Billion More in Farm Aid as Rising Costs Pressure U.S. Farmers 
SpaceX, Charter Communications Explore Mobile Partnership to Expand Starlink Wireless Service 
OpenAI May Delay IPO to 2027 Amid $1 Trillion Valuation Goal 
China Eastern Orders 25 Airbus A330neo Jets in $9.35 Billion Deal to Boost International Expansion 
Samsung, SK Hynix to Unveil Record AI and Semiconductor Investment Plans Worth Over $646 Billion 
Kioxia Targets U.S. Listing as AI Chip Boom Accelerates 
Johns Hopkins University Lays Off 110 Employees as Federal Research Funding Declines 
Gold Price Ends Lower for Fourth Week Despite Rebound as Fed Rate Hike Bets Strengthen 
Oil Prices Drop as Strait of Hormuz Shipping Recovers 
Apple Supplier Stocks Slide as Samsung, SK Hynix Lead Selloff After Apple Price Hikes 
Bank Regulation Rollbacks in the U.S. and UK Could Increase Financial Risks, Study Warns 
Iran Attack in Strait of Hormuz Pushes Oil Prices Higher 
Gold Drops Below $4,000 as Strong US Dollar and Fed Rate Hike Expectations Pressure Bullion 
Nike CFO Shake-Up Fuels Concerns Over Turnaround Strategy 
SK Hynix Moves Closer to New York ADR Listing Amid AI Chip Boom 
Alibaba Shares Fall After Anthropic Alleges Massive AI Model Distillation Campaign 
Manila Bulletin and The Korea Times announced they have recently signed a memorandum of understanding for cooperation in news publishing. The media publication companies are now officially partners in news reporting.
Although the collaboration between The Korea Times and Manila Bulletin was only reported today, the two parties actually held a signing ceremony for the MOU on May 11. The Korea Times mentioned that the news of its tie-up with the Manila-based media also appeared on the front page of the Filipino newspaper.
The signing event was only held online but was attended by the publishing firms’ top executives. In the photos shared, the president of The Korea Times, Oh Young Jin, and Manila Bulletin’s head publisher, Herminio “Sonny” Coloma, were shown to have signed the agreement.
Maria Theresa B. Dizon-De Vega, Philippine Ambassador to South Korea MB’s executive editor, Pinky Concha Colmenares, and editor-in-chief Loreto D. Cabañes were also in attendance at the online signing ceremony.
It was reported that the MOU happened after Ambassador Dizon-De Vega organized the meet-up of the two media publications. It was arranged so they could exchange information and share knowledge on business while also boosting the diplomatic ties of the countries.
“This (MOU) is just one part of our partnership as we are going to do a lot of things together,” Manila Bulletin quoted Oh Young Jin as saying in a statement. Coloma also said, “The continuing exchange of information and ideas will push forward the frontiers of media communications in this very challenging era of digital transformation where there are a lot of disinformation and fake news. It also augurs well for credible and professional organizations promoting the practice of ethical journalism.”
Photo by: AbsolutVision/Unsplash
