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Philippine News for Filipinos
Updated: 46 min 51 sec ago

Nazareno 2024: Black Nazarene passes through Quezon Boulevard

Tue, 01/09/2024 - 09:09
https://www.youtube.com/watch?v=NvxlA0NJ9gE&ab_channel=INQUIRER.net The procession of the Black Nazarene passes through Quezon Boulevard as it goes through its traditional route from Quirino Grandstand to Quiapo Church....

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Inflation in Japan’s capital keeps slowing, takes pressure off BOJ

Tue, 01/09/2024 - 08:59
TOKYO ---Core inflation in Japan's capital slowed for the second straight month in December, data showed on Tuesday, taking some pressure off the central bank to rush into exiting ultra-loose monetary policy. The Tokyo inflation data, closely watched as a leading indicator of nationwide price trends, is among key factors the Bank of Japan (BOJ) will scrutinize at the next policy-setting meeting on Jan. 22-23. Separate data showed household spending fell for the ninth straight month in November, underscoring the fragile nature of Japan's economy that may also keep the BOJ cautious about phasing out its massive stimulus too soon. Tokyo's core consumer price index (CPI), which excl...

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Moon landing try by US firm seems doomed after ‘critical’ fuel leak

Tue, 01/09/2024 - 08:52
United Launch Alliance launches its next-generation Vulcan rocket on its maiden flight at 2:18 a.m. EST Monday, January 8, 2024, from Launch Complex 41 at Cape Canaveral Space Force Station in Florida. (Malcolm Denemark/Florida Today via AP) CAPE CANAVERAL, Florida --- The first US moon landing attempt in more than 50 years appeared to be doomed after a private company's spacecraft developed a "critical" fuel leak just hours after Monday's launch. Pittsburgh-based Astrobotic Technology managed to orient its lander toward the sun so the solar panel could collect sunlight and charge its battery, as a special team assessed the status of what was termed "a failure in the propulsion sy...

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Hewlett Packard Enterprise nears $13-B deal to buy Juniper Networks- WSJ

Tue, 01/09/2024 - 08:47
Hewlett Packard Enterprise is in advanced talks to buy network gear maker Juniper Networks for about $13 billion to bolster the nearly 100-year-old technology company's artificial intelligence (AI) offerings, the Wall Street Journal reported on Monday. A deal between the two companies could be announced as soon as this week, according to the report, citing people familiar with the matter. Shares in HPE fell 7.7 percent, while Juniper jumped 21 percent in extended trading. Hewlett Packard Enterprise declined to comment on the report, while Juniper Networks did not immediately respond to a Reuters request for comment. READ: Tech giants jockey for position at dawn of AI age ...

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Categories: Breaking News

Oil falls over 3% as Saudi price cuts add to demand doubts

Tue, 01/09/2024 - 08:34
NEW YORK -Oilpricesfell over 3 percent on Monday on sharp price cuts by top exporter Saudi Arabia and arisein OPEC output that offset supply concerns generated by escalating geopolitical tension in theMiddleEast. Brent crude settled down $2.64, or 3.4 percent, at $76.12 a barrel, while U.S. West Texas Intermediate crude futures lost $3.04, or 4.1 percent, at $70.77 a barrel. Both contracts climbed more than 2 percent in the first week of 2024 as geopolitical risk in theMiddleEastintensified after attacks by Yemen's Houthis on ships in the Red Sea. On Sunday, rising supply and competition from rival producers prompted Saudi Arabia to cut the February official selling price (O...

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Wall Street rallies near record heights as Big Tech stocks recover

Tue, 01/09/2024 - 08:22
NEW YORK --- Wall Street rallied Monday to claw back almost all the losses from its slow start to the year. The S&P 500 jumped 1.4 percent to pull within 0.7 percent of its all-time high set two years ago. It's a return of momentum for Wall Street's main measure of health, which was coming off its first losing week in the last 10. The Nasdaq composite shot 2.2 percent higher for its best day in eight weeks, and the Dow Jones Industrial Average lagged the market with a more modest gain of 0.6 percent, or 216 points. Boeing dragged on the Dow in its first trading after one of its jets suffered an inflight blowout over Oregon. It fell 8 percent. Spirit AeroSystems, which bu...

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Explosion at historic Texas hotel injures 11

Tue, 01/09/2024 - 08:12
FORT WORTH, Texas --- An explosion at a historic Texas hotel in Fort Worth on Monday blew out windows, littered downtown streets with large piles of debris from the building, and injured 11 people, including one person who is in critical condition, authorities said. Investigators believe the blast was caused by natural gas, said Bureau of Alcohol, Tobacco, Firearms and Explosives spokesperson Sara Abel, who was briefed by local police. Two people were in serious condition and the rest had minor injuries, authorities said at a news conference. Medics also treated four more people on the scene but did not take them to a hospital, said Desiree Partain of MedStar, which provides am...

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Food exporters urged to renew China registration

Tue, 01/09/2024 - 08:03
MANILA, Philippines ---The Department of Trade and Industry (DTI) is reminding local companies exporting food to China to renew their registration as the Chinese trade regulatory body has issued the notice of approaching deadline. According to the DTI, the Import and Export Food Safety Bureau of General Administration of Customs of the People's Republic of China (GACC) had specifically noted that some Philippine aquaculture production enterprises have exceeded or are approaching their registration expiry date. "The (GACC) requires overseas food production enterprises exporting to China to have their registration renewed, with the application for renewal to be filed within three to ...

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Vibrating molecules destroy 99% of cancer cells

Tue, 01/09/2024 - 08:00
Scientists discovered how to stimulate aminocyanine molecules to destroy cancer cell membranes. Laboratories have already used this substance as a bioimaging dye, but it gains this amazing feature thanks to near-infrared light. As a result, vibrating molecules could become an effective, non-invasive method for beating cancers.  Most recognize surgery and chemotherapy as well-known cancer treatments. However, some patients can't undergo these procedures for various reasons. Also, they may leave lasting negative consequences. Perhaps these moving molecules could become a better option that can save more lives. This article will discuss how scientists manipulated molecules to e...

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DMCI Power sales up 7% on huge demand from Palawan

Tue, 01/09/2024 - 07:47
MANILA ---Consunji-led DMCI Power Corp. logged in 2023 a 7-percent growth in sales volume to 454 gigawatt-hours (GWh) due to stronger demand from Palawan. In a stock exchange filing on Monday, DMCI Power said the province overtook Masbate as the company's largest market, contributing 44 percent to the total sales volume. Masbate and Oriental Mindoro, meanwhile, accounted for 34 percent and 22 percent, respectively. "Our sales have grown steadily for 11 consecutive quarters because of solid demand and our targeted investments in underserved and unserved areas, reflecting our dedication to missionary electrification," DMCI Power president Antonino Gatdula Jr. said. Energy sales...

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Categories: Breaking News

Metro Manila to experience sudden, brief rains – Pagasa

Tue, 01/09/2024 - 07:33
MANILA, Philippines --- Metro Manila will experience sudden and brief rain showers on Tuesday, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) The state weather agency advised people who would be spending time outdoors to prepare and bring protection. Thousands of devotees are expected to participate in this year's Feast of the Black Nazarene as the traditional "traslacion" proceeds in Manila. READ: Traslacion 2024 route, other details released Pagasa weather specialist Grace Castaeda said temperatures in Metro Manila would range between 23 to 32 degrees Celsius. "Sa Metro Manila, maging sa nalalabing bahagi ng Luz...

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Nazareno 2024: Update from Ayala Bridge

Tue, 01/09/2024 - 07:31
https://youtube.com/live/H5Rw60utF2E   This year's Traslacion, the procession of the life-size image of the Black Nazarene, continues as it follows its traditional route from Quirino Grandstand to Quiapo Church. #Traslacion2024 #NazarenoINQ...

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6.7-magnitude earthquake rattles Sarangani in Davao Occidental

Tue, 01/09/2024 - 06:32
MANILA, Philippines --- A magnitude 6.7 earthquake hit waters off Sarangani Island in Davao Occidental early morning on Tuesday, the Philippine Institute of Volcanology and Seismology (Phivolcs) reported. At first, Phivolcs said the magnitude of this quake was at 7.1-magnitude. "'Yung initial estimate po kasi, 'yan 'yung automatic calculation namin, but then as we receive more data coming from our seismic network, nagkakaroon kami ng recalculation," Phivolcs Director Teresito Bacolcol explained in an interview over Radyo 630 on Tuesday. (That initial estimate, that's our automatic calculation, but then as we receive more data coming from our seismic network, we have a recalculat...

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