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Updated: 26 min 53 sec ago
Dec 4 (Reuters) - Southeast Asian stock markets were range-bound with a weak bias on Wednesday as the prospects of a reduction in the U.S. Federal Reserve's stimulus early next year prompted investors ...
Beginning December 8, 2013, you can submit entries to Brother's "10 for Tokyo!" challenge for a chance to win a trip to the capital city of Japan. Interested parties need to print 10 words on 10 separate pieces of paper, telling Brother why you should be chosen to go to Tokyo, Japan.
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Share prices on the Philippine Stock Exchange sustained a decline in early trading Wednesday on mounting fears that the US Federal Reserve may scale back stimulus sooner than later. "The market is down in line with regional decline due to renewed talks of the Fed taper," Astro del Castillo, managing director at First Grade Finance Inc., said. A US jobs growth in November, following firmer data a month earlier, may put the start of the Fed's dialing back on its $85-billion bond buying stimulus by December on the table, Reuters reported.
After the warm reception of WeChat in the Philippines, the app’s maker Tencent is set to open an office in our country, further expanding its reach outside of China. This development is coming after the news of WeChat becoming the most-downloaded free app in the Philippines for Android, Windows Phone, and iOS back in June, in addition to having television commercials broadcasted locally. The local office will focus on marketing and pushing the app among the masses amidst the booming competition. Tencent recently announced that WeChat has 100 million users outside of China.
Philippine shares opened on a weak note Wednesday, tracking overnight declines on Wall Street as investors speculated that the US Federal Reserve may cut back its bond purchases early next year. "Market started correcting after end -November window dressing," Miguel Agarao , Wealth Securities Inc. equity analyst, said in a text message to GMA News Online. Fears that the Federal Reserve will scale back its stimulus as the US economy recovers hit stock markets on Tuesday, with European equities falling the most since August, Reuters reported.
A magnitude 5.7 quake struck off Davao Oriental early Wednesday but no tsunami alert has been raised, state seismologists said.
To keep you updated with the latest news here and abroad, Yahoo Southeast Asia is giving you a roundup of morning headlines.
Thousands of women and children in the Philippines risk falling prey to human traffickers in the aftermath of last month's catastrophic typhoon, lawmakers and the chief US aid agency warned Tuesday. A US congressman returning from a visit to the storm-ravaged island nation said that while Filipino authorities and US forces were helping vast numbers of storm victims, more attention was needed to thwart criminal opportunists taking advantage of the chaos after Super-typhoon Haiyan roared ashore. "The most vulnerable -- women, children, the elderly, and those with special needs -- always fare worst during disasters," Republican congressman Chris Smith, who led the three-member delegation to the disaster zone last week, told a House Foreign Affairs subcommittee. At particular risk of sex trafficking are vulnerable people "who over a longer period of time may have lost some hope," said Smith.
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UNITED NATIONS (AP) — Pop star Katy Perry said Tuesday that becoming a goodwill ambassador for the U.N. children's agency has made her realize there's more to happiness than material possessions and social status.
Daanbantayan, Cebu — The Cebu Provincial Police Office (CPPO) has strongly denied the text messages circulating in the province about the presence of armed men believed to be escapees from the Tacloban City jail armed with guns. The said text messages have already caused a stir in the towns of Medellin, Daanbantayan, San Remegio, Madridejos, Sta. CPPO Director Senior Supt. Noel Gillamac said the text messages were not true as his men in those areas have not confirmed the rumors after days of conducting patrol and investigation in the northern towns of the province.
Top-seeded Marian Jade Capadocia outclassed Kimberly Uytico, 6-0, 6-0, to jumpstart her title-retention bid in the women’s division of the 32nd Philippine Columbian Association Open tennis tournament yesterday at the PCA court.Toughened by her three-month training in The Netherlands coupled with a tournament in Thailand, Capadocia turned the match into warm-up for her next match against Marigurt Naggert.Capadocia was so awesome she needed less than an hour to wrap up the match.“I just play my usual game. ...
Davao City – The Tagum Agricultural Development Company (Tadeco), a producer and exporter of Cavendish bananas in the Davao region, was recently awarded with a certification of being a world-class standard by the Global Good Agricultural Practices (Global GAP) after passing the certification audit previously conducting by the Control Union Certification (CUC).Tadeco president Alex Valoria said the awarding of certification is considered as a breakthrough for the company that had been working in producing quality banana for the international market. ...
Manila, Philippines - Former Senator Panfilo Lacson is a “no-nonsense” person who can get the job done as rehabilitation czar. This was the explanation given by President Benigno S. Aquino III for the appointment of Lacson as overseer of the massive rehabilitation efforts in areas devastated by super typhoon Yolanda. Ping Lacson strikes me as a no-nonsense person,” the President said during the Bulong Pulungan held at a hotel in Pasay City. The President expressed confidence in the capability of Lacson to “deliver” and meet the rehabilitation targets in the calamity areas.
Manila, Philippines - The Runway for Hope will be holding a charity fashion gala event for the benefit of the survivors of super-typhoon “Yolanda” on Dec. 8 in Pasig City.Runway for Hope Year 2 is presented by ACE Hotel and Suites, Urban Spoon A taste of Asia, Wensha Spa, Megabild 101, Republic Biscuits Inc. Spice Salon, ATC Health Care, Whoops, Mr. Breinard Bautista of BPYO, Ferdinand Abejon, and The Manila Bulletin as official media sponsor.The event is Philippine Pageant Industry’s contribution to ease some of the sufferings of those affected by the recent calamity. ...
Manila, Philippines - His administration and political party are focused on rehabilitation and reconstruction efforts in typhoon-hit areas, not on grooming anyone for the presidency, President Benigno S. Aquino told a media forum yesterday. The guest of honor at the 27th annual Christmas party of Bulong Pulungan yesterday, the President also hinted that he does not want his sister Kris Aquino to get into politics. The President said the Liberal Party is not grooming Department of Interior and Local Government Secretary Manuel Roxas II for the presidency.
Manila, Philippines - A congressional inquiry into the “missing, fake and unregistered Special Allotment Release Order” was sought yesterday by the House minority bloc following an admission by Speaker Feliciano Belmonte Jr. that a congressional staff could be the source of one bogus document illegally authorizing disbursements from a non-existent P879-million government fund. Abakada Rep. Jonathan de la Cruz, a member of the House independent minority bloc, filed House Resolution 564 urging the Committee on Good Government and Accountability to dig into the controversy. De la Cruz’s move came a day after Belmonte admitted that an employee of the Committee on Appropriations was identified as the source of a fake SARO. Belmonte later corrected himself by clarifying that the “photocopy of the fake SARO” came from Emmanuel Raza, a staff member of Zamboanga City Rep. Lilia Nuno.
I do not want to send them away hungry, for fear they may collapse on the way.” The disciples said to Him, “Where could we ever get enough bread in this deserted place to satisfy such a crowd?” Jesus said to them, “How many loaves do you have?” “Seven,” they replied, “and a few fish.” He ordered the crowd to sit down on the ground. Then he took the seven loaves and the fish, gave thanks, broke the loaves, and gave them to the disciples, who in turn gave them to the crowds.
DTI Undersecretary Ponciano C. Manalo Jr. told reporters on the sidelines of the National Exporters’ Congress Week 2013 the need to align some sectors. So we have to realign also, basically electronics is declining,” Manalo said. These issues in exports are being addressed in the ongoing review of the Philippine Exports Development Plan (PEDP) to come up with a new plan. According to Manalo, the Exports Development Council (EDC) has embarked on a very quantitative and very focused study three months ago.