Clinton announced $5 million in new U.S.relief aid on top more than $14 million in rescue and relief aid in the immediate aftermath of the storms, much of it delivered by U.S.military forces based in the Philippines and elsewhere in the region.

VOA: standard.2009.11.12

Starbucks had wanted to buy about half of Tully's 47 shops in Washington and California and turn them into Starbucks stores, while the rest of the company would keep the Tully's name under the ownership of AgriNurture, which is based in the Philippines.

MSN: Judge: Tully's Coffee to go to Dempsey's group

We gave special honors to Philweb of the Philippines (top profitability, based on operating income as a share of sales), to Royal Ceramics Lanka of Sri Lanka (return on investment, a near quintupling) and to E-House (China), the real-estate brokerage, for overall best composite score.

FORBES: Hong Kong's Tears for the USA

Things should be better in the Philippines, where there is a bankruptcy statute based on American law.

ECONOMIST: Bankruptcy in Asia