AGENCE FRANCE-PRESSE

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WASHINGTON, D.C.: The Philippines is the world’s third largest recipient of remittances, amid a global growth in inflows driven by Europe, Russia and the United States, the World Bank said in a report. The World Bank said that aside from the Philippines, which received $33 billion in 2017, other top…

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WASHINGTON: Record increases in wages and materials costs are eating into corporate profits despite robust sales, according a survey of business economists released Monday. The survey by the National Association for Business Economics also found companies had not changed hiring plans following either December’s sweeping tax cuts or President Donald…

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HONG KONG: Leading Chinese firms including e-commerce giant Alibaba were heavily criticised Monday for gender discrimination in job adverts in a new report which said the landscape for the female workforce in China was deteriorating. The report by campaign group Human Rights Watch, entitled “Only Men Need Apply: Gender Discrimination…

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ZURICH: Swiss banking giant UBS said Monday it delivered strong first-quarter results driven largely by its investment banking and wealth management activities. UBS, which is the world’s largest Swiss banking institution, said in a statement that net profits for the first three months of the year were up 19 percent…

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WASHINGTON: Greek star forward Giannis Antetokounmpo scored 27 points, including the decisive tip-in with five seconds remaining, to give the Milwaukee Bucks a 104-102 NBA playoff victory on Sunday (Monday in Manila) over Boston. The triumph pulled the Bucks level with the Celtics at 2-2 in their best-of-seven first round…

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SYDNEY: NBA championship-winning centre Andrew Bogut has confirmed he will return to Australia to play for the Sydney Kings, who said Monday they are submitting “appropriate paperwork” to the NBL head office. Bogut, 33, has confirmed the move on social media, but the Kings tweeted they had “submitted to NBL…

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Thai golfer Moriya Jutanugarn finally joined her sister Ariya in the winner’s circle, closing with a three-under 68 on Sunday (Monday) to capture the LA Open. The 23-year-old Moriya’s win by two strokes means that the Bangkok siblings join Annika and Charlotta Sorenstam as the only sisters to win on…

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MONTE CARLO: Rafael Nadal romped to a record-extending 11th Monte Carlo Masters title by brushing aside an outclassed Kei Nishikori in Sunday’s (Monday in Manila) final to retain the world number one ranking. The 31-year-old saw off Nishikori 6-3, 6-2 to become the first man to win a single tournament…

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LONDON: Chelsea booked an FA Cup final showdown with Manchester United Olivier Giroud tormented Southampton again with a sublime strike in Sunday’s (Monday in Manila) 2-0 win at Wembley. Giroud has made a habit of scoring against Southampton and the France forward was their nemesis in a one-sided semi-final. Opting…

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