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Asian shares track Wall St slump triggered by strong US spending data

Inquirer Breaking News - Tue, 04/16/2024 - 16:52
BANGKOK — Asian shares skidded Tuesday following a slump on Wall Street after higher yields in the U.S. bond market cranked up pressure on stocks. The Shanghai Composite index lost 1.7 percent to 3,007.07 even though the Chinese government reported that the economy grew at a surprisingly fast 5.3 percent annual rate in the first quarter of the year. Compared to the previous quarter,  it expanded at a 1.6 percent pace. The Hang Seng in Hong Kong lost 2.1 percent to 16,248.97. READ: China’s economy grew 5.3% in first quarter, beating expectations Tokyo’s Nikkei 225 fell 1.9 percent to 38,471.20 […]...

Keep on reading: Asian shares track Wall St slump triggered by strong US spending data
Categories: Breaking News

MCWD leadership dispute: LWUA-appointed acting general manager resigns

Inquirer Breaking News - Tue, 04/16/2024 - 16:49
CEBU CITY, Philippines — Lawyer John Dx Lapid, acting general manager of the Metro Cebu Water District (MCWD) and who was appointed by the Local Water Utilities Administration (LWUA), has resigned from his post. Lapid said he no longer wanted to get involved in the ongoing dispute between current MCWD officials and LWUA because it had already taken its toll on his family. “Kapoy nako. Gikapoy na gyud ko. For me it’s not worth it nga away and naipit ko between sa parties involved ani, and naluoy na ko sa akong asawa with what’s happening right now. Family is above […]...

Keep on reading: MCWD leadership dispute: LWUA-appointed acting general manager resigns
Categories: Breaking News

US envoy visits DMZ on heavily-fortified Korea border

Inquirer Breaking News - Tue, 04/16/2024 - 16:44
Seoul, South Korea — The US ambassador to the United Nations visited the heavily-fortified border between North and South Korea Tuesday, urging Pyongyang to return to talks as global enforcement of UN sanctions stumbles. Linda Thomas-Greenfield arrived in South Korea on Sunday on a trip aimed at keeping up pressure on the nuclear-armed North after Russia last month used its UN veto to effectively end UN monitoring of violations of the raft of sanctions on Kim Jong Un’s regime. READ: North Korea stresses alignment with Russia against US Experts have said the shift was a significant victory for Kim, who […]...

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Categories: Breaking News

World’s first eSports island under development in Abu Dhabi

Inquirer Breaking News - Tue, 04/16/2024 - 16:35
Video games have transcended their past as a niche hobby, turning into a popular pastime worldwide. Statista says its global industry was almost $347 billion in 2022. As a result, Access Creative College reports it is almost double the film and music industries combined. Nowadays, it continues to grow with global competitions called eSports.  READ: UAE gamers set eyes on multi-billion-dollar industry Abu Dhabi recognizes its burgeoning potential, so it invested $280 million into the world’s first eSports island. Surprisingly, Interesting Engineering says its total worth could exceed $1 billion! More info on the eSports island Interesting Engineering reports the […]...

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Categories: Breaking News

BPI services restored after hours of downtime

Inquirer Breaking News - Tue, 04/16/2024 - 16:32
MANILA, Philippines — Bank of the Philippine Islands said it had resolved the issue that disrupted the delivery of certain services Tuesday morning and that users can now access all these services. “We have resolved the unavailability of ATM withdrawals, CAM deposits, Debit Card purchases, access to the BPI app and BPI online, as well as using BPI online credentials for payments and loading via third-party apps. You may now resume your everyday banking transactions,” BPI said in an advisory released at about 2.40 p.m. In an earlier advisory, the bank said some of its services were temporarily unavailable as […]...

Keep on reading: BPI services restored after hours of downtime
Categories: Breaking News

Iceland volcano still spewing lava, one month on

Inquirer Breaking News - Tue, 04/16/2024 - 16:13
Grindavik, Iceland — Orange lava bubbles and pops, occasionally spewing large fountains from a volcano that has been erupting for a month in Iceland, the second-longest eruption since the region’s volcanic activity reawakened in March 2021. “It’s continuing at a pretty stable rate at the moment and we don’t see any real signs that it will end in the near future,” Benedikt Ofeigsson, geophysicist at the Icelandic Meteorological Office (IMO), told AFP. READ: Iceland volcano still pouring out fountains of lava On March 16, lava burst out of a crack in the ground at Sundhnukagigar, on the Reykjanes peninsula in […]...

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Categories: Breaking News

LeBron, Lakers take on Pelicans as NBA play-in tips off

Inquirer Breaking News - Tue, 04/16/2024 - 16:10
LeBron James will be out to extend his 21st NBA campaign on Tuesday when his Los Angeles Lakers open the NBA play-in tournament against the New Orleans Pelicans, the winner booking a playoff meeting with the defending champion Denver Nuggets. The Lakers closed the regular season with a dominant victory over the Pelicans on Sunday. James said the Lakers can’t afford a letdown against a Pelicans team eager to turn the tables. “They’re going to be extremely ready for us, and we have to come in with the same sense of urgency,” said James, who at 39 remains a formidable […]...

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Categories: Breaking News

MCWD ‘drama’: Gwen hits LWUA on ‘politics over water crisis’

Inquirer Breaking News - Tue, 04/16/2024 - 16:05
CEBU CITY, Philippines — Cebu Gov. Gwendolyn Garcia has called out another national government agency. And this time, her criticisms were directed towards the Local Water Utilities Administration (LWUA). Garcia hit the government-owned and controlled corporation (GOCC) in the ongoing organizational crisis that hit the Metropolitan Cebu Water District (MCWD). READ MORE: MCWD ‘condemns’ LWUA, City Hall for ‘atrocious disruption’ LWUA-appointed general manager barred from entering MCWD building MCWD leadership dispute: Daluz tells Lapid to resign During a press conference on Monday, April 15, the governor took a jab at LWUA and accused them for politicking in the midst of […]...

Keep on reading: MCWD ‘drama’: Gwen hits LWUA on ‘politics over water crisis’
Categories: Breaking News

NBA: Trae Young says he feels better ahead of play-in vs Bulls

Inquirer Breaking News - Tue, 04/16/2024 - 16:03
ATLANTA — A healthy Trae Young gives the Atlanta Hawks’ their best hope for overcoming season-long injury woes and advancing past the Chicago Bulls in the Eastern Conference play-in tournament. Young hopes he can provide his normal production after playing three games at the end of the regular season. His minutes were restricted after missing 23 games with a torn ligament in his left pinkie, but he said he hopes to have his normal minutes in Wednesday night’s game at Chicago. Young’s return wasn’t enough to prevent the Hawks from entering the play-in tournament with a six-game losing streak. He […]...

Keep on reading: NBA: Trae Young says he feels better ahead of play-in vs Bulls
Categories: Breaking News

US Space Force to conduct military exercise in 2025

Inquirer Breaking News - Tue, 04/16/2024 - 16:03
Former US President Donald Trump signed the creation of the US Space Force in 2019. As the name suggests, its objective is to combat space-based threats, specifically from other countries. Back then, many did not take it seriously due to several sources smearing the project. It didn’t help that the concept was out-of-this-world.  READ: Israel uses AI to facilitate military operations After all, the name spurred associations with sci-fi movies like Star Wars as many did not know what a “space military” would look like in real life. Nevertheless, the US military acknowledges the importance of preparing for potential space threats. […]...

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Philippines invites Japan to completely join in Balikatan war games – AFP

Inquirer Breaking News - Tue, 04/16/2024 - 15:59
MANILA, Philippines — Japan has been invited to participate fully in next year’s Balikatan exercises, the country’s biggest war games with the United States. Col. Michael Logico, executive agent of Balikatan 2024 of the Armed Forces of the Philippines, made the announcement on Tuesday as President Ferdinand “Bongbong” Marcos Jr.’s said the Reciprocal Access Agreement (RAA) with Tokyo will soon be completed. READ: The Philippines, United States, and France will conduct sail in the West Philippine Sea next month The RAA enables a mechanism for shared military training and operations and larger joint exercises between Philippines and Japan. “Beginning with […]...

Keep on reading: Philippines invites Japan to completely join in Balikatan war games – AFP
Categories: Breaking News

Alliance Global profit jumped 20% to P30.3B in 2023

Inquirer Breaking News - Tue, 04/16/2024 - 15:55
MANILA, Philippines — Alliance Global Group Inc. (AGI) of billionaire Andrew Tan recorded a 20-percent increase in earnings last year to a “record-breaking” P30.3 billion, from P25.2 billion in 2022,  on the strong performance of its business units. “This was achieved even amid heightened competition in the domestic and global market, various macro challenges in some key markets, rising cost pressures, and higher interest rates,” AGI CEO Kevin Tan said in a statement on Tuesday. The holding company’s consolidated revenues likewise expanded by 15 percent to P211.2 billion. AGI currently has interests in real estate via Megaworld Corp., spirits through […]...

Keep on reading: Alliance Global profit jumped 20% to P30.3B in 2023
Categories: Breaking News

KJ Cataraja is WBO's No. 1 super flyweight contender

Inquirer Breaking News - Tue, 04/16/2024 - 15:45
CEBU CITY, Philippines — Unbeaten Cebuano prospect, Kevin Jake “KJ” Cataraja’s dream of fighting for a world title is within reach. It was after Cataraja had been elevated as the No. 1 contender in the World Boxing Organization (WBO) in its latest rankings in the super flyweight division.  It means that Cataraja is next in line to fight WBO world super flyweight champion and three-division world champion Kosei Tanaka.  READ MORE: Cataraja walks away with UD win versus Blazo in Manila Cebu’s Cataraja locks horns with Blazo in Sanman Boxing co-main event on Tuesday Pacquiao ‘ready’ to fight Mayweather again […]...

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Categories: Breaking News

Rama: ‘No breach’ happened in MCWD

Inquirer Breaking News - Tue, 04/16/2024 - 15:40
CEBU CITY, Philippines — “There is no such thing as breach,” in the MCWD said Cebu City Mayor Michael Rama during the Ingna’ng Mayor on Sugboanong Channel on Tuesday, April 16. This is after the Metropolitan Cebu Water District (MCWD) announced a security breach happening in their main office that allegedly caused “confusion and fear” to MCWD’s employees. In a statement released by the MCWD on Tuesday, the water district “condemns” the “brazen actions” taken by the Local Water Utilities (LWUA), its interim board, the Cebu City Hall, and the LWUA-appointed officer-in-charge general manager, Lawyer John Dx Lapid. READ: MCWD […]...

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Categories: Breaking News

Comelec considers removing barangay certification for voter registration

Inquirer Breaking News - Tue, 04/16/2024 - 15:39
MANILA, Philippines — The Commission on Elections (Comelec) said on Tuesday that it is mulling whether to remove the barangay certification as a requirement for voter registration. According to Comelec Chairperson George Garcia, this was due to some incidents in which some citizens attempted to register even though they were still not of voting age. READ: Comelec: New voters breach 1 million mark “I’ll be very honest sa inyong lahat na pinag-iisipan na ng inyong Commission en banc ang pag-aalis ng barangay certificate bilang requirement sa pagpaparehistro kaya lamang dapat rin nating maisip na baka kasi masabi ng iba nating […]...

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Categories: Breaking News

Dianne Medina, Rodjun Cruz's second child is a girl

Inquirer Breaking News - Tue, 04/16/2024 - 15:38
Dianne Medina and Rodjun Cruz held an intimate party where they revealed that the upcoming addition to their family is a baby girl. The couple alongside their firstborn Joaquin were standing in front of a blue-and-pink backdrop with the background of the sea, as seen on their respective Instagram pages on Sunday, April 14. After a countdown, pink color powder and confetti popped behind the backdrop, signifying that the baby No. 2 is a girl. The venue was then filled with cheers from the couple and the guests, who ran to the pair to congratulate them. View this post on […]...

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Categories: Breaking News

DOH: Pertussis cases in Calabarzon still rising

Inquirer Breaking News - Tue, 04/16/2024 - 15:38
LUCENA CITY — The number of pertussis cases in the Calabarzon (Cavite, Laguna, Batangas, Rizal, Quezon) region continues to rise, the Department of Health (DOH) reported. On Monday, April 15, the DOH-Center for Health Development Calabarzon (DOH-CHD 4A) released the latest result of its “pertussis tracker” showing its Morbidity Week 15 record covering Jan. 1 to April 13. The latest record listed that the total number of cases reached 319 from only 276 a week ago based on the agency’s Morbidity Week 14 list. Cavite had the highest number of pertussis cases since Jan. 1 with 70 live patients and […]...

Keep on reading: DOH: Pertussis cases in Calabarzon still rising
Categories: Breaking News

Travis Scott was not responsible for safety at deadly Astroworld concert, rapper's attorneys say

Inquirer Breaking News - Tue, 04/16/2024 - 15:37
HOUSTON — Attorneys for rap star Travis Scott argued in court Monday, April 15, that he should be dismissed from hundreds of lawsuits filed over the deadly 2021 Astroworld festival, saying he was not responsible for safety planning and watching for possible dangers at the Houston event. But attorneys for relatives of one of the 10 people killed during a massive crowd surge at the festival said Scott ignored safety concerns and threatened to release online the personal information of anyone who would cancel the event over safety concerns. Stephen Brody, an attorney for Scott, said the rap star remains “devastated” […]...

Keep on reading: Travis Scott was not responsible for safety at deadly Astroworld concert, rapper's attorneys say
Categories: Breaking News

Dennis Padilla says Claudine Barretto reminds him of Julia Barretto

Inquirer Breaking News - Tue, 04/16/2024 - 15:36
Comedian-actor Dennis Padilla said that working with his sister-in-law, Claudine Barretto, for the first time in an upcoming movie, gave him the feeling that he was with his daughter, Julia Barretto. “Tuwang tuwa ako noong kasama ko si Claudine, parang feeling ko kasama ko si Julia sa pelikula,” he told Aster Amoyo. (I was so happy when I was with Claudine; I felt like I was with Julia in the movie.) Despite being in-laws, Padilla and Claudine had not seen each other for a long time before they starred in the upcoming movie “Magic Hurts.” “Walang nagbago. Kahit matagal kaming […]...

Keep on reading: Dennis Padilla says Claudine Barretto reminds him of Julia Barretto
Categories: Breaking News

Germany's Scholz seeks Chinese role in 'just peace' for Ukraine

Inquirer Breaking News - Tue, 04/16/2024 - 15:34
Beijing, China — German Chancellor Olaf Scholz said Tuesday he hoped Berlin and Beijing could help achieve a “just peace” in Ukraine, as he met President Xi Jinping in the Chinese capital. The chancellor arrived in China on Sunday, accompanied by a large delegation of ministers and business executives on his second visit to the country since taking office. His whistlestop tour has taken him to the southwestern megacity of Chongqing, economic powerhouse Shanghai and now Beijing, but he faces a tough balancing act as he aims to shore up economic ties with Berlin’s biggest trading partner. READ: German industry […]...

Keep on reading: Germany's Scholz seeks Chinese role in 'just peace' for Ukraine
Categories: Breaking News

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