PBA.PH MERALCO dialed to full power and swept its way to the quarterfinals of Leg 2 of the PBA 3×3 Season 3 Third Conference yesterday at the Ayala Malls Manila Bay. Starting their back-to-back bid with a bang, the Bolts banked on the 13-point explosion of Joseph Sedurifa to dominate […]
Philippine Finance chief sees 100 basis points rate cuts in 2024
Philippine Finance Secretary Benjamin Diokno estimates that the central bank can cut its benchmark interest rate by a total of 100 basis points this year as inflation cools to within the 2%-4% target. Bangko Sentral ng Pilipinas’s target reverse repurchase rate may fall to 5.5% by the end of the […]
Downey Jr., Randolph win early Golden Globes awards
BEVERLY HILLS, California – “Oppenheimer” actor Robert Downey Jr. and “The Holdovers” star Da’Vine Joy Randolph won early awards on Sunday at the Golden Globes, Hollywood’s first big celebration since twin strikes shut down most of show business last year. The champagne-fueled ceremony honored the best of film and television selected by […]
Australia bans Nazi salute and public display of terror group symbols
FLATART-FREEPIK SYDNEY – Laws banning the Nazi salute and the display or sale of symbols associated with terror groups came into effect in Australia on Monday as the government responds to a rise in antisemitic incidents following the Israel-Gaza war. The law makes it an offense punishable by up to 12 months […]
Boeing checks hit paperwork snag; US investigators search for missing part
REUTERS Safety checks on some Boeing jets hit a snag over paperwork on Sunday, as US authorities searched for a missing panel that blew off a new Boeing 737 MAX 9 jet in midair on Friday. The Federal Aviation Administration on Saturday ordered the temporary grounding of 171 Boeing jets installed […]
US opposes displacement of Palestinians, Blinken assures Arab leaders
US Secretary of State Antony Blinken. Official White House — CAMERON SMITH VIA FLICKR AMMAN/DOHA – US Secretary of State Antony Blinken assured Arab leaders on Sunday that Washington opposes the forcible displacement of Palestinians from Gaza or the occupied West Bank, as he looked to kickstart talks on Gaza’s post-war future. […]
Senior Vatican official makes case for a married priesthood
AERIAL VIEW of St. Peter’s Basilica, Vatican City — ALAN LIU-UNSPLASH VATICAN CITY – The Roman Catholic Church should “seriously think” about allowing priests to marry, a senior Vatican official and advisor to Pope Francis said in an interview published on Sunday. “This is probably the first time I’m saying it publicly […]
PHL dollar reserves dip in December
DATA from the Philippine central bank showed gross international reserves (GIR) fell to $102.45 billion as of end-December. — REUTERS THE PHILIPPINES’ dollar reserves slipped by 0.3% as of end-December, as the National Government paid some of its debt obligations, but still ended the year above the central bank’s $100-billion […]
Inflation likely to remain within BSP’s 2-4% target range for most of 2024
People shop at a supermarket, Dec. 22, 2023. — PHILIPPINE STAR/MIGUEL DE GUZMAN By Keisha B. Ta-asan, Reporter HEADLINE INFLATION is seen to remain mostly within the 2-4% target range this year, which may prompt the Bangko Sentral ng Pilipinas (BSP) to begin policy easing, according to analysts. Makoto Tsuchiya, […]
BoI eyes up to P1.5-trillion investments in 2024
Fireworks are seen over the Makati central business district, Dec. 31, 2023. — MATRIX IMAGES / GEORGE BUID VIA REUTERS CONNECT THE BOARD of Investments (BoI) is aiming to approve as much as P1.5 trillion in investment pledges this year. Trade Secretary Alfredo E. Pascual said the BoI’s official target […]