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NEW YORK, United States (AFP) — Global stocks mostly rose Thursday, with positive sentiment on US-China trade talks offsetting disappointing holiday sales from some US retailers. China said that trade talks in Beijing with a US negotiating team had “laid the foundation” to resolve concerns held by both sides in a bruising trade war, essentially echoing upbeat comments from US officials the prior day. Discussions between US and Chinese officials to find a way out […]
WASHINGTON, United States (AFP) — The US Air Force said Thursday it is ready to receive its first KC-46A Pegasus tankers, a new type of aerial refueler that still needs to undergo costly technical fixes. Based on the airframe of the 767 jet liner, Boeing’s tanker will eventually replace many of the Air Force’s aging line of KC-135 tankers, which were manufactured during the Cold War. The KC-46 has suffered technical setbacks, delays and cost […]
TOKYO, Japan (AFP) — Tokyo stocks opened higher on Friday, following rallies on Wall Street as investor sentiment improved but trade is seen to be cautious ahead of a long weekend. The benchmark Nikkei 225 index was up 0.83 percent or 167.24 points at 20,331.04 in early trade, while the broader Topix index gained 0.79 percent or 12.07 points at 1,534.08. “Japanese shares are seen performing in a steady manner in early trade, tracking rises […]
TAMPA, United States (AFP) — The world’s oceans are heating up at an accelerating pace as global warming threatens a diverse range of marine life and a major food supply for the planet, researchers said Thursday. The findings in the US journal Science, led by the Chinese Academy of Sciences, debunk previous reports that suggested a so-called pause in global warming in recent years. The latest technology shows no such hiatus ever existed, raising new […]
LOS ANGELES, United States (AFP) — Golden State center DeMarcus Cousins, targeting a January 18 NBA season debut after nearly a year sidelined by injury, will start immediately upon his return, Warriors coach Steve Kerr said Thursday. “Yeah I’ll start him,” Kerr told reporters at a Warriors practice. “After that, everything’s on the table. We have to figure out what the rotations will look like, how many minutes he can play. “We’ll have to play […]
(Eagle News)—-The police on Thursday, Jan. 10, recovered parts of the gun allegedly used to kill Rep. Rodel Batocabe from a septic tank in the house of one of the suspects in Camarines Sur. A police report said one slide, one barrel, two magazines, one stabilizer, one slide stop, one barrel bushing, one stabilizer guide, 34 bullets and three empty cartridges were recovered from the tank in the residence of Emmanuel Roselio in Santo Niño, […]
(Eagle News)—Senator Panfilo Lacson on Thursday, Jan. 10, urged the Department of Budget and Management to release the fourth tranche of increase in the salaries of government workers, saying there was funding for the same even if the 2019 budget has not been passed. “Mr. DBM Secretary, implement the salary increase now. It is not unconstitutional,” Lacson said in a Tweet, referring to Budget Secretary Benjamin Diokno, who had thumbed down the idea of releasing […]
TOKYO, Japan (AFP) — Japan may have underpaid billions of yen in unemployment benefits after it emerged that the government has been incorrectly collecting labour market data for as long as 15 years. Officials are supposed to gather data from all firms with 500 or more employees but in Tokyo, only about one third of 1,400 such firms were surveyed, according to a civil servant at the labor ministry. Labour minister Takumi Nemoto has […]
NEW YORK, United States (AFP) — Fiat Chrysler has agreed to pay nearly $650 million to resolve litigation over its use of illegal engine-control software on diesel vehicles that produced false results in emissions tests, The New York Times reported Wednesday. The automaker will pay $305 million in penalties to the federal government and California, which also brought suit, the NYT said, citing two unidentified sources who were briefed on the issue. It said the […]
(Eagle News)–Over 300 establishments have been accredited in Boracay. The Department of Tourism said as of Thursday, Jan. 10, the 305 establishments translate to 10,515 rooms. Boracay was shut down for six months in 2018 to pave the way for its rehabilitation. This was after President Rodrigo Duterte called the island a “cesspool.” The island was reopened in October, with authorities also limiting the number of tourists allowed.
KUALA LUMPUR, Malaysia (AFP) — Three people have been arrested in Malaysia for allegedly insulting the former king on social media after his shock abdication, sparking anger Thursday from activists at the use of “draconian” laws. Sultan Muhammad V stepped aside at the weekend after just two years on the throne. No official reason was given, but it came after he reportedly married a Russian ex-beauty queen while on medical leave. It was the […]
(Eagle News)–The Palace on Thursday, Jan. 10, said the pilot of the chopper carrying Presidential Assistant for the Visayas Michael Diño was to blame for the backlash he has been receiving. Presidential Spokesperson Salvador Panelo said the pilot, in the first place, should have followed proper procedure before landing the helicopter at the PhilSports Complex in Pasig City during a Department of Education event. Netizens accused Diño of abuse of authority after he got off the chopper […]
