The trade deal, signed in January, committed China to buying at least $200 billion more U.S. goods and services — on top of 2017 levels — over two years.
World Health Organization officials are holding a press conference on Thursday to update the public on the coronavirus outbreak that has infected more than 20 million people across the globe.
Duterte had earlier this week volunteered to participate in trials for the Russian vaccine even as scientists and health experts questioned the safety and effectiveness of the drug.
China has so far bought less than a quarter of the targeted full-year amount of U.S. goods agreed under the deal, according to Peterson Institute for International Economics.
Investors continue to monitor coronavirus developments. Russia claimed to have developed a vaccine, while the U.S. was at a stalemate over virus aid talks.
The three largest Singapore banks warned that the global environment remains uncertain even though some business activity has picked up as economies reopen from coronavirus lockdown measures.
The Ministry of Trade and Industry revised its full-year forecast for Singapore to register an economic contraction of between 5% and 7% in 2020. Previously, it had expected the country's GDP to fall by between 4% and 7%.
U.S.-China tensions rose last week after President Trump issued executive orders that are set to ban American use of WeChat and TikTok, taking effect from the middle of next month.
Working from home has become the norm in this coronavirus pandemic, and Morgan Stanley predicts that office tenants across Asia will permanently give up between 3% and 9% of their existing office space.
As lockdown measures were lifted and domestic politicking resumed, the stability of some governments are in question once more, said Simon Tay, chairman of think tank Singapore Institute of International Affairs.
Japanese video game maker Nintendo on Thursday reported a multi-fold increase in quarterly profit on the back of strong demand for its flagship Switch console as well as the runaway success of social simulation game "Animal Crossing: New Horizons."
Shares of Hong Kong-listed Tencent plunged about 5% on Friday after U.S. President Donald Trump issued executive orders targeting Chinese apps WeChat and TikTok.
Net profit at DBS fell to 1.25 billion Singapore dollars ($912.9 million) in the second quarter — down from 1.6 billion Singapore dollars a year ago but beating Refinitiv estimates of around 1.19 billion Singapore dollars.
Read the latest stock market news and analysis on Asia Pacific in regions from Japan, China, Singapore, Australia, to New Zealand. Find business; finance; economy, stocks, and global economy news on CNBC's Asia Pacific page.