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Alaska rolled its sleeves in the second half to escape new-look NorthPort by the skin of its teeth, 87-85, officially taking the lid off the PBA's season-ending Governors' Cup and getting their campaign off the right foot. Robbie Herndon hit a tough jumper with 30 ticks remaining, bringing the Aces back up, 86-85, and effectively upending a late Batang Pier surge led by Greg Slaughter and Arwind Santos. Jeron Teng then went on to split his freebies when NorthPort resorted to stopping the clock with a foul, but with six seconds remaining---the Batang Pier took too much time figuring out it was time to send someone to the stripe---Alaska pretty much had the game sewn up. Rusty ...

Keep on reading: Alaska begins bid to rectify mistakes of past conference even

Trade and Industry Secretary Ramon Lopez said he was hoping the Senate would let the Philippines join a China-led "mega trade deal" before the end of the year, despite the opposition raised by agricultural groups. In a recent forum, Lopez said he was hopeful the government would beat the Dec. 31 deadline for the country to sign up to the Regional Comprehensive Partnership (RCEP), which accounts for about 30 percent of the global economy. The RCEP was signed last year by the 10 member states of the Association of Southeast Asian Nations (Asean) and five free trade agreement partners, namely: Australia, New Zealand, Korea, Japan and China. It used to include India, until the latter o...

Keep on reading: Lopez eyes Senate OK of ‘mega trade deal’ soon

Digital bank Tyme has raised $180 million in fresh capital from new investors, including Chinese tech giant Tencent and British development financier CDC, to fund the rollout of its digital banking platform in the Philippines and grow its existing business in South Africa. The group's local digital banking platform, GOTyme, is a partnership with the Gokongwei group. This unit is envisioned to be its springboard to overseas markets. "This is a very welcome investment from Tencent and CDC. It is a clear vote of confidence in our digital banking offering as well as our leadership teams in South Africa, Singapore and the Philippines," Coen Jonker, cofounder of Tyme, said in a statement...

Keep on reading: Tyme gets $180M in fresh capital

The Philippines has been elected president of the 32nd International Maritime Organization (IMO) assembly, according to the Department of Foreign Affairs. This is the first time the country was picked to head the highest governing body of the United Nations' specialized agency that ensures the safety and security of shipping and prevents marine and atmospheric pollution by ships. Antonio Manuel Lagdameo, Philippine Ambassador and Permanent Representative to the IMO, was nominated by the permanent representative of the United Kingdom, a motion seconded by the representative of South Africa. The election took place on Dec. 6 at the IMO headquarters in London. ---TINA G. SANTOS...

Keep on reading: PH heads UN maritime body

The Bureau of the Treasury on Tuesday rejected all bids for the P20-billion reissued 10-year bonds it offered as the market sought high rates. Despite P42.4 billion in tenders, which made the auction more than twice oversubscribed, bid rates averaged 5.071 percent for the debt paper maturing in nine years and seven months' time. When first sold in July this year, these IOUs fetched a coupon rate of 4 percent. So far, the Treasury raised a total of P189.9 billion from this bond series. National Treasurer Rosalia de Leon said they fully rejected the elevated bids as inflation already decelerated for three straight months. Headline inflation of 4.2 percent year-on-year in Novemb...

Keep on reading: Treasury rejects all bids for 20-year reissued T-bonds

The entire world remains unprepared for the next pandemic and most countries are underprepared even for small outbreaks of disease, researchers reported Wednesday.

You won't be able to buy Nike sneakers and apparel at one of America's largest shoe store chains in 2022.

President Joe Biden will sign an executive order Wednesday directing the federal government to get to net-zero emissions by 2050, using the power of the federal purse to buy clean energy, purchase electric vehicles and make federal buildings more energy efficient.

[Breaking news update, published at 2:15 p.m. ET]

Chinese and Russian state media are working in overdrive to denigrate the Biden administration's Summit for Democracy taking place this week, calling the project hypocritical.

Days after Better.com's CEO unceremoniously fired 900 people over Zoom, several executives are handing in their resignation letters.

Tiger Woods confirmed on Wednesday that he will return to competitive golf following the injuries he suffered in a February car accident at the 2021 PNC Championship in Orlando, Florida, US.

Brazilian soccer legend Pelé has been hospitalized for chemotherapy treatment of a colon tumor Wednesday, a spokesperson at Sao Paulo's Albert Einstein hospital confirmed to CNN.

MANILA, Philippines --- Her image may be displayed in sari-sari stores and on the walls of many Filipino households next year as a featured calendar model, but former "Pinoy Big Brother" celebrity housemate Chie Filomeno will still mark the holiday season with what she holds dear. "Christmas will be different. Being your Ginebra San Miguel 2022 calendar girl has a huge impact. But I will still celebrate it with family," Filomeno told the Inquirer at a recent virtual media conference organized by the liquor brand to launch her as its new muse, following the footsteps of 2015 Miss Universe Pia Wurtzbach, Anne Curtis, and Marian Rivera. "As Filipinos, it is our tradition that every Chri...

Keep on reading: Tradition, family top Chie Filomeno’s Christmas celebration

UK Prime Minister Boris Johnson is facing fierce criticism after a leaked video obtained by CNN affiliate ITV News shows senior Downing Street staff joking about an alleged Christmas party last year, for his staff during last year's lockdown. Johnson apologized for the video during Prime Minister's Questions in parliament, and says he is "furious" to see the clip. He says he has been assured there was no party and no Covid rules were broken.

MANILA, Philippines --- The 2021 Miss Philippines USA pageant was a showcase of Filipino brilliance and greatness, not only because of the beauty, talent, and wit of the contestants whose roots are from the Philippines, but also because popular Philippine-based singers flew in to share their musical brilliance. The Philippines' "R&B prince" Jay-R and Jake Zyrus serenaded the 28 lovely candidates of the 10th edition of the annual pageant staged at the City National Grove of Anaheim in California on Nov. 21. The annual Miss Philippines USA contest is the longest-running Filipino-American beauty pageant in the US. At the pageant's culmination, 23-year-old Cheska Angeles from Tracy, ...

Keep on reading: Jay-R, Jake Zyrus serenade Fil-Am beauties

The House select committee investigating the January 6 riot informed Mark Meadows that they have "no choice" but to advance criminal contempt proceedings against him given that former President Donald Trump's former chief of staff has decided to no longer cooperate with the panel, according to a new letter.

President Joe Biden on Wednesday ruled out sending US troops to Ukraine to defend the country from a Russian invasion a day after laying out the consequences for such an incursion in a tense phone call with President Vladimir Putin.

Continuing family tradition, Dr. Sanjay Gupta teaches his daughters the chai recipe he learned from his mother.

MANILA, Philippines --- The contractor of the Common Station for the Metro Rail Transit (MRT) and Light Rail Transit (LRT) has suggested the temporary closure of a portion of Edsa and the MRT-3 North Avenue Station for the completion of the project. "As mentioned by [Transportation] Sec. [Arthur] Tugade during an inspection earlier, the request to close a portion of EDSA and the North Avenue Station was communicated to us by the Common Station Contractor, BF Corporation," Transportation Assistant Secretary Goddes Hope Libiran told INQUIRER.net in a text message on Wednesday. "This suggestion shall be consulted with stakeholders, such as the MMDA (Metropolitan Manila Development...

Keep on reading: MRT-LRT Common Station contractor suggests closure of portion of Edsa