Other News

Asian markets cautious after US volatility

HONG KONG, China (AFP) — Asian stocks began Wednesday mixed after a volatile session for US equities and as yields on Treasury bonds retreated from a seven-year peak. Japanese shares opened higher after four days of losses — with purchases making up for the higher yen’s dampening impact — before dropping back into negative territory in mid-morning trade. “After four days of falling… Japanese shares are in a good place for bargain-hunting buys, even though […]

Instagram ramps up battle against bullying

SAN FRANCISCO, United States (AFP) — Instagram on Tuesday added more weapons to battle cyber bullying, using artificial intelligence to scan photos for abusive content at the Facebook-owned service. The move comes after Facebook also increased anti-harassment measures, following a survey which said young victims of online abuse feel social media firms aren’t doing enough to fight the problem. Instagram chief Adam Mosseri said artificial intelligence is being used to detect signs of bullying and […]

Brits brace for ‘the other’ royal wedding

by Dmitry ZAKS Agence France Presse LONDON, United Kingdom (AFP) — Five months on from Prince Harry and Meghan Markle’s fairytale nuptials, the time has come for “the other” royal wedding — the one no one seems to want to pay for or watch. When Queen Elizabeth II’s granddaughter Princess Eugenie walks down the aisle Friday in Windsor Castle to marry Jack Brooksbank, a “commoner” with blue-blood friends, the critics will be out. For Britain […]

Google launches connected speaker with screen, but no camera

NEW YORK, United States (AFP) — Google on Tuesday launched a new version of its connected speaker with a touchscreen display designed to be a hub for smart home devices but without a camera for privacy reasons. The Google Home Hub, competing against Amazon’s Echo Show, was unveiled at a New York media event at which the tech giant also announced its upgraded Pixel 3 smartphone and a new tablet computer dubbed Pixel Slate. The […]

Trillions in US net worth vulnerable to recession: IMF

by Douglas Gillison Agence France Presse WASHINGTON, United States (AFP) — A severe recession would slash US public wealth by about $5 trillion, causing vastly more damage to Washington’s finances than just an increase in debt and deficits, the IMF warned Tuesday. Yet governments around the world, many of which face similar dangers, do not clearly publicize their overall net worths, the International Monetary Fund said in a new report. This creates a potential blind […]

Duterte considering appointing Chinese businessman as NFA administrator

(Eagle News)—President Rodrigo Duterte is mulling appointing a Chinese businessman at the helm of the National Food Authority. “I’m looking for a Chinese who’s been there in the business maybe 20 years,” he said. NFA administrator Jason Aquino has gone on leave. The President had said he would appoint General Rolando Bautista at the helm of the NFA, but changed his mind and said he would appoint him as Social Welfare Secretary instead. The NFA […]

President Duterte denies having cancer; says he has a “badly eroded” esophagus

(Eagle News)—-President Rodrigo Duterte on Tuesday, Oct. 9, denied he had cancer, but said he did have a “badly eroded” esophagus due to drinking. “It’s not the colon, it’s my Barett. It’s badly eroded I was told to stop drinking years ago. But of late, bumalik kasi ako,” Duterte said. According to the President, the tests conducted on him yielded negative results. Presidential Spokesperson Harry Roque had said the tests last week were followup tests […]

Duterte says he is mulling appointing Panelo at helm of OPS following Roque threat to quit

(Eagle News)—President Rodrigo Duterte announced he was considering appointing Salvador Panelo at the helm of the Office of the Press Secretary after Presidential Spokesperson Harry Roque threatened to quit from his post. Roque made the threat after he was left in the dark about the President going to Cardinal Santos Medical Center last week to undergo some physical tests. Roque had told the media the President was only taking a day off in Bahay Pangarap […]

UFC boss: Nurmagomedov won’t be stripped of MMA title

LOS ANGELES, United States (AFP) — Unbeaten Khabib Nurmagomedov will not be stripped of his UFC lightweight title despite his role in a post-match brawl Saturday, UFC president Dana White said in a website posting Tuesday. The 30-year-old Russian kept his crown with a fourth-round submission victory over Ireland’s Conor McGregor in Las Vegas, improving to 27-0 in his professional career and 11-0 in UFC bouts. Nurmagomedov had barely released his hold after McGregor tapped […]

Workers injured in Bosnia oil refinery blast: report

SARAJEVO, Bosnia, and Herzegovina (AFP) — An explosion at a Russian-owned oil refinery in Bosnia slightly injured eight workers late Tuesday, local television reported citing officials. The blast at the plant in the northern town of Brod, on the border with Croatia, occurred around 9:30 pm (1930 GMT), RTRS television reported, citing the head of the municipality, Ilija Jovicic. The cause of the explosion at Bosnia’s sole oil refinery, which sparked a fire, was not […]

Global stocks mixed as markets eye US interest rates

NEW YORK, United States (AFP) — Global stocks finished mixed Tuesday following a meandering session amid lingering worries over higher interest rates as the IMF cut its global growth forecast. Investors have been nervous since the yield on 10-year US Treasury bonds surged above 3.0 percent. The advance followed a stream of strong US economic data that was seen as boosting the likelihood that the Federal Reserve will persist in raising interest rates. Yields continued […]

Ivanka Trump tamps down idea she would be ‘dynamite’ UN envoy

WASHINGTON, United States (AFP) — Ivanka Trump on Tuesday tamped down the suggestion her father could be poised to tap her as UN envoy, after President Donald Trump said she would make a “dynamite” replacement — were it not for nepotism concerns. “It is an honor to serve in the White House alongside so many great colleagues and I know that the President will nominate a formidable replacement for Ambassador Haley. That replacement will not […]