Sunday, November 17, 2024

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IMF warns of ‘somewhat’ greater global financial risk

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NEW YORK: Risks to the global financial system have risen somewhat in recent months as some emerging markets have struggled and trade war tensions have persisted, the International Monetary Fund warned Tuesday. The IMF, in its twice annual assessment of global financial stability, said conditions remain broadly conducive to economic growth, but are at risk […]

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UPDATE: Duterte spokesman goes on leave

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PRESIDENT Rodrigo Duterte’s spokesman took a leave of absence for a couple of days before the start of the filing of certificates of candidacy for the 2019 mid-term elections, an official of the Presidential Communications Operations Office (PCOO) said on Monday. Director Dennis Ting told reporters that Secretary Harry Roque Jr.’s leave would begin today […]

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New York investigating Trump tax dodging report

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NEW YORK: The New York state tax department said on Tuesday it is investigating reports that President Donald Trump helped his parents dodge millions of dollars in taxes and received far more money from his father’s real estate empire than he has claimed in the past. Earlier, The New York Times said its own exhaustive […]

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US Fed’s Powell: Global growth positive but under pressure

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WASHINGTON, D.C.: The global economic outlook remains positive, with instability in just a few emerging markets seeing instability — but is slightly less positive than a few months ago, US Federal Reserve Chairman Jerome Powell said Tuesday (Wednesday in Manila). “I think growth still healthy but maybe under a little bit of pressure,” Powell told […]

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Destabilizers can’t topple govt -Duterte

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  Amid an alleged destabilization plot against him, President Rodrigo Duterte on Thursday expressed confidence that opposition forces would not be able to bring his administration down. The President reiterated his appeal to the military to remain loyal to the flag and the Constitution amid “unified efforts” to topple the government. “So I guarantee them […]

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Massive clean-up in Hong Kong after typhoon chaos

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HONG KONG: Hong Kong began a massive clean-up Monday after Typhoon Mangkhut raked the city, shredding trees and bringing damaging floods, in a trail of destruction that left dozens dead in the Philippines and millions evacuated in southern China. The death toll in the Philippines, where the main island of Luzon was mauled with fierce […]

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DENR suspends mining operations in Cordillera

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THE Department of Environment and Natural Resources (DENR) ordered the suspension of mining operations in the Cordillera Administrative Region (CAR) a few days after Typhoon Ompong (Mangkhut) ravaged Northern Luzon. Environment Secretary Roy Cimatu issued the order as he revoked on Monday the permits of all small-scale mining in the region. RALPH EDWIN U. VILLANUEVA

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Machines will do more tasks than humans by 2025 – WEF

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PARIS: Robots will handle 52 percent of current work tasks by 2025, almost twice as many as now, a World Economic Forum (WEF) study said Monday. The sharp increase could also see a net gain in “new roles” for humans, who will have to revamp skills to keep pace with the “seismic shift” in how […]

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Maynilad water interruption to last until Tuesday

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CUSTOMERS in many parts of Metro Manila are experiencing water service interruption until Tuesday because of limited supply, Maynilad Water Services, Inc. announced on Sunday. “To optimize the limited supply, we are constrained to implement service interruptions daily, starting from Sept. 16, 2018 (Sunday) until Sept. 18, 2018 (Tuesday),” Maynilad said in its Facebook post. […]

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Samsung sets new Galaxy device launch for October

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SAN FRANCISCO: Samsung sent out invitations Friday for an October 11 event to launch a new mobile device under its Galaxy line. The invitation offered few details but the mention of “4x fun” led to speculation the about a new smartphone with four cameras or possibly a foldable handset. The South Korean electronics giant, the […]

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