HONG KONG, China (AFP) — Most Asian markets resumed their positive start to the year on Friday with Hong Kong extending its record run to 14 days while the euro held gains after the previous day’s jump. Investors were once again provided a strong lead from Wall Street where all three main indexes advanced to new all-time highs, with energy firms riding a surge in oil prices. Confidence across world markets is booming on the […]
Other News
Fiat Chrysler to invest $1 bn on back of US tax reform
NEW YORK, United States (AFP) — Italian-American automaker Fiat Chrysler on Thursday unveiled a plan to invest $1 billion in a Michigan assembly plant and offer bonuses to tens of thousands of employees, saying the measures were possible because of US tax reform. The third-biggest US car maker said the investment would help it to modernize a plant in northern Michigan to “produce the next-generation Ram Heavy Duty truck,” shifting production of the vehicle to […]
NAPC launches anti-poverty book; calls for policy reforms
https://www.youtube.com/watch?v=kuHfsoujiXc QUEZON CITY, Philippines (Eagle News) — The National Anti-Poverty Commission (NAPC) on Thursday called for reforms in the government’s anti-poverty policies, noting that the creation of decent and sufficient jobs and incomes should be the main strategy in poverty eradication. The NAPC made the call as it launched its book, “Reforming Philippine Anti-Poverty Policy,” in a forum held in Quezon City. “Many Filipinos are still trapped in poverty and inequality…we have subscribed to the same neoliberal framework that has been proven as a development […]
N. Korea steps up tunnelling at nuclear test site: monitor
SEOUL, South Korea (AFP) — North Korea has stepped up tunnelling at its main nuclear test site, a US think tank said, even as tensions cool on the peninsula following the resumption of long-stalled inter-Korean dialogue. Satellite images showed increased activity at the Punggye-ri site, with mining carts and personnel frequently visible, and excavation waste piles growing, the respected 38North website said Thursday. “These activities underscore North Korea’s continued efforts to maintain the Punggye-ri site’s […]
Buwanang kontribusyon ng SSS, ‘di pa itataas
MANILA, Philippines (Eagle News) — Nilinaw ng Social Security System (SSS) na hindi pa nila tinataasan ang rate ng buwanang kontribusyon ng mga miyembro nito. Ayon kay SSS chairman Amado Valdez, nananatili sa 11 percent ang contribution rate at wala pang pagbabagong ginagawa. Matapos aprubahan ni Pangulong Rodrigo Duterte ang Php 2,000 sa monthly pension ng mga retiradong SSS members, kung saan natanggap na nila noong Marso 2017 ang unang tranche nito na Php 1000, […]
President Duterte to sack another chairman, set of policemen including three generals
(Eagle News) — President Rodrigo Duterte is slated to fire yet another head of office and several policemen. Duterte himself made the announcement during a Philippine Amusement and Gaming Corporation event at the Manila Hotel on Thursday. The media were not invited to the event but a transcript was made available on Friday. “I am in the thick of firing people. I intend to fire another maybe 70 or 49 policemen and three generals for corruption,” […]
Breast cancer gene does not boost risk of death: study
PARIS, France (AFP) — Young women with the BRCA gene mutation that prompted actress Angelina Jolie’s pre-emptive and much-publicized double mastectomy are not more likely to die after a breast cancer diagnosis, scientists said Friday. In fact, they may have a “survival advantage” over non-carriers if diagnosed with triple-negative breast cancer, a form that is particularly hard to treat, a team wrote in the journal The Lancet Oncology. “Women diagnosed with early breast cancer who […]
Facebook updates News Feed to make friends a priority
LAS VEGAS, United States (AFP) — Facebook on Thursday announced a major update that will put friends and family above pages or celebrities in a user’s news feed — and likely result in people spending less time on the leading social network. The change to the way Facebook ranks posts will put more weight on social interactions and relationships, according to News Feed product manager John Hegeman. “This is a big change,” Hegeman told AFP. […]
Five women accuse James Franco of sexual misconduct: report
LOS ANGELES, United States (AFP) — Five women have publicly accused Hollywood star James Franco of sexually inappropriate behavior, The Los Angeles Times reported Thursday, just days after the actor triumphed at the Golden Globes. The paper published allegations by four former students at the film school Franco founded who accused him of exploitative behavior including during nude scenes. A fifth woman accused Franco of pressuring her into performing fellatio while the pair were in […]
Walmart raises pay in US even as it shuts some Sam’s Club stores
by John Biers Agence France Presse NEW YORK, United States (AFP) — Walmart announced Thursday it will raise the minimum wage for US workers to $11 an hour and pay bonuses, but announced plans to close 63 Sam’s Club stores in the US. Owned by Walmart, Sam’s Club is a chain of membership-only warehouse stores that offer discounted prices. Up to 12 of the shuttered Sam’s Club stores would be converted into warehouses for e-commerce, […]
Boxing: Alvarez-Golovkin 2 coming in May – report
LOS ANGELES, United States (AFP) — Mexican fighter Saul “Canelo” Alvarez has agreed to a May 5 rematch against three-belt middleweight champion Gennady Golovkin, the Los Angeles Times reported on Thursday. The report said Golovkin’s camp was expected to greenlight the bout in “the next few days,” noting there was no rematch clause for a third fight in the agreement. “It’s going to be another great fight, so it’ll likely be a natural to do […]
Yamaha motorcycle comes on command at CES event
LAS VEGAS, United States (AFP) — With a wave, Kinji Asamura summoned a riderless motorcycle to his side in the Yamaha booth at the Consumer Electronics Show in Las Vegas this week. The concept electric motorcycle, called ‘Motoroid,’ then balanced in position, holding its place even when Asamura tried gently to push it over. Nearby, a robot that might seem suited for a futuristic action film was astride a production model Yamaha super-bike that it […]





