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FORMER chairman of the Philippine Amusement and Gaming Corp. (Pagcor) Efraim Genuino and his co-accused is barred from flying out of the country. In a confirmation from the Sandiganbayan Third Division, the anti-graft court has issued a hold departure order, furnished to the Bureau of Immigration, against Genuino and his…

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TOKYO: Tokyo stocks jumped 2.05 percent on Tuesday as the dollar gained on the yen in afternoon trading, with the market also lifted by expectations of more policy easing by the Bank of Japan. The benchmark Nikkei 225 index, which had lost 15 percent in the past 10 days, closed…

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Months after the massive devastation brought by typhoons in Mindanao, the United Nations Development Program (UNDP) has now adopted a program by the Philippine government, which aims to make use of millions of felled coconut trees for housing projects. Dubbed as the “chainsaw massacre,” the project aims to provide livelihood…

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TOKYO: The dollar edged up in Asia on Tuesday after sinking in New York following a poor manufacturing report that pointed to weakness in the world’s largest economy. The greenback fell below 100 yen for the first time in nearly a month on Monday as the ISM purchasing managers index…

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Suspended Gov. Gwendolyn Garcia of Cebu of the United Nationalist Alliance (UNA), who won a Congressional seat in the May polls, will support Speaker Feliciano Belmonte, Jr. for the Speakership post, an LP member said Tuesday. Rep. Ben Evardone of Eastern Samar, who served as one of the spokespersons of…

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MIAMI: LeBron James scored 32 points and the defending champion Miami Heat advanced to the NBA Finals for the third year in a row on Monday with a 99-76 rout of the Indiana Pacers. The Heat captured the best-of-seven Eastern Conference final four games to three and booked a championship…

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ANKARA: A 22-year-old man died in a hospital after being shot during anti-government protests in southern Turkey, the NTV television reported Tuesday. “Abdullah Comert was seriously wounded… after gunfire from an unidentified person,” the station reported, quoting a statement from the local governor’s office in the Hatay province. He died…

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At least three oil companies on Tuesday raised their pump prices, the first fuel price hike for June. Pilipinas Shell, Petron and Seaoil raised their gasoline price by 70 centavos per liter and  diesel and kerosene by 40 centavos per liter The adjustments–which “reflects the price movement in the international oil market”…

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Defending NBA champion Miami crushed Indiana, 99-76, in Game 7 of their Eastern Conference finals to arrange a title showdown with San Antonio. Tightening up on their defense, which was porous in Game 6, the Heat dominated the Pacers the entire game, with LeBron James leading the charge with 32…