Other News

Tokyo stocks close up as yen edges lower

TOKYO, Japan (AFP) — Tokyo stocks gained Tuesday as a strong US jobs report continued to support the global market while the yen edged lower against the dollar, boosting Japanese exporters. The benchmark Nikkei 225 index rose 0.28 percent or 63.60 points to close at 22,539.54, while the broader Topix index edged up 0.02 percent or 0.27 points at 1,774.96. “Investors remain utterly unfazed by the prospect of trade tariffs or even higher interest rates,” […]

NFA to start distribution of imported rice in public markets

(Eagle News) — The National Food Authority (NFA) said it will start the distribution of the imported rice from Vietnam in public markets. NFA Spokesperson Rex Estoperez said 222,000 sacks of NFA rice have already been delivered in Subic Port. An additional 100,000 sacks of rice werealso delivered in Surigao. Once the unloading of imported rice is finished, some of the imported rice will be delivered in Bataan, Pampanga and Zambales markets, Estoperez said. The […]

President Moon encourages Filipinos to visit South Korea

(Eagle News) — South Korean President Moon Jae-in encouraged Filipinos to include South Korea in their itinerary or travel list. During the bilateral meeting with President Rodrigo Duterte at the Presidential Blue House in Seoul, Korea, President Moon, in his speech, encouraged citizens of both countries to make frequent visits to each other’s country to enhance the understanding and communication between South Korea and the Philippines. “The people of our two countries will visit more […]

Duterte’s South Korea visit yields at least $4.9 billion worth of investments, 5 govt deals signed

(Eagle News) — President Rodrigo Duterte’s visit to South Korea has yielded $4.9 billion worth of investments, Presidential Spokesperson Harry Roque said on Tuesday, June 5. He said the amount was apart from the $1 billion worth of Official Development Assistance which the Philippines was slated to receive for the Build, Build, Build projects of the government. The government said among the projects in the pipeline under the ODA are the $50-million project preparation facility […]

BSP says PHL inflation outlook remains a “concern”; some senators call for release of subsidies to cushion TRAIN effects

By Meanne Corvera Eagle News Service The Bangko Sentral ng Pilipinas on Tuesday, June 5, said the country’s inflation outlook “continues to be a concern and requires close attention.” This even if BSP Governor Nestor Espenilla said that while the average inflation of 4.1 percent in the first five months of the year was still above the BSP’s 2 to 4 percent target for the year, it was “maybe not going to be as bad as […]

Suspect in killing of Ombudsman prosecutor issues apology; says killing of Tanyag was an “accident”

By Mar Gabriel Eagle News Service The suspect in the killing of Madonna Joy Ednaco-Tanyag on Tuesday, June 5, issued an apology for committing the crime, saying he did not mean to stab the Ombudsman Assistant Special Prosecutor on Monday, June 4. “Aksidente lang po nangyari..Nag-agawan po kami ng kutsilyo kaya ko siya nasaksak..,” Angelito Avenido Jr. said as he was presented to the media on Tuesday, June 5, after his arrest only hours after he […]

Supreme Court sets oral arguments for opposition lawmakers’ petition vs PHL withdrawal from ICC

By Moira Encina Eagle News Service The Supreme Court has set oral arguments for the petition seeking to have the Philippines’ withdrawal from the Rome Statute of the International Criminal Court declared as invalid. Oral arguments on the petition for certiorari and mandamus filed by Senators Francis Pangilinan, Franklin Drilon, Paolo Benigno Aquino IV, Leila de Lima, Risa Hontiveros and Antonio Trillanes IV were slated on July 24, at 2 p.m., at the SC’s session hall. […]

Toll rises to at least 69 in Guatemala volcano as more bodies recovered

  by Henry Morales and Edgar Calderon Agence France Presse ALOTENANGO, Guatemala (AFP) —  Rescue workers pulled more bodies Monday from under the dust and rubble left by an explosive eruption of Guatemala’s Fuego volcano, bringing the death toll to at least 69. Of them, 17 have been identified so far, said Fanuel Garcia, head of the National Institute of Forensic Sciences. In addition, there are 46 people injured, most of them seriously, more than […]

SolGen Calida given five days to respond to Sereno’s appeal of SC decision nullifying her appointment as Chief Justice

By Moira Encina Eagle News Service The Supreme Court on Tuesday, June 5, gave Solicitor General Jose Calida five days to respond to Maria Lourdes Sereno’s motion for reconsideration of the High Court decision that nullified her appointment as Chief Justice. It was Calida who filed the quo warranto petition that led to the landmark SC ruling on May 11. During the en banc session, Associate Justice Noel Tijam, who was the ponente, was not […]

“Nobody could have suspected what was happening” – First person account of a flash flood in Germany

  “Keiner hätte damit gerechnet, was sich tatsächlich draußen abspielte …” ein persönlicher Bericht über einen Sturzflut in Deutschland By Irene-Juliet Arzadon of Wuppertal, Germany, EBC Correspondent (Translation from German to English by Malou Francisco) Eagle News Service WUPPERTAL, Germany (Eagle News) — 29. Mai wurden wir in Wuppertal von einem heftigen Unwetter überrascht. (May 29 – We, in Wuppertal, were surprised by a violent storm.) So gegen 15:30 Uhr fing es mit einem starken […]

Mexico court orders new probe into massacre of students

by Jean Luis Arce  © Agence France-Presse MEXICO CITY, Mexico (AFP) — A court in Mexico has ordered a new probe into a crime that horrified the nation: the disappearance and suspected massacre of 43 students in 2014. Relatives of the missing welcomed the ruling, but the government questioned it and said it was reviewing the decision, which came from a federal court in the state of Tamaulipas. Mexico remains haunted by the unsolved mystery of […]

Could opposites attract at Trump-Kim summit?

  by Sebastien Berger © Agence France-Presse SEOUL, South Korea (AFP) — When Donald Trump and Kim Jong Un sit down in Singapore next week it will be among the most improbable diplomatic summits in history, with principals who could not be more different — but who also share some surprising similarities. Trump was the oldest US president ever to take office when he was sworn in last year, and will turn 72 two days after […]