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BEIJING: A Chinese ship searching for Malaysia Airlines Flight MH370 detected a “pulse signal” in the southern Indian Ocean Saturday, state media said, but it was not yet clear whether it was linked to the missing plane. The signal had a frequency of 37.5kHz per second—identical to the beacon signal…

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Tropical storm Domeng (international codename Peipah) is expected to enter the Philippines today but it will not affect any part of the country for the next 24 hours. The Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said on Saturday the storm was estimated at 1,330 km east of Southern…

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MILITANT group Kilusang Mayo Uno (KMU) on Saturday condemned the Manila Electric Company’s (Meralco) plan to increase power rates starting this month until July, saying the rate adjustment will be an added burden to workers. “The summer electricity rate hike which Meralco announced highlights corporate greed in the country’s power…

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Two former senators and two incumbent ones are among the respondents in the third batch of big personalities who face plunder charges in connection with the pork barrel scam, a highly placed source privy to the case told The Manila Times on Friday. The source, who declined to be identified,…


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Alleged pork barrel scam mastermind Janet Lim-Napoles may be scheduled for surgery this Sunday provided it is allowed by her personal doctors. Dr. Ishmael Peralta, Ospital ng Makati (OsMak) medical director, said the ball is in the court of doctors from St. Luke’s Medical Center in Taguig City (Metro Manila)…

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Presidential spokesman Edwin Lacierda on Friday said he does not have any information if real estate magnate Delfin Lee contributed to the campaign fund of President Benigno Aquino 3rd in the 2010 elections. “The lists of contributors and donors have been published by the Comelec [Commission on Elections], and I…

Business

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Affordable housing developer Phinma Property Holdings Corp. has turned the sod for its latest low-cost housing project—a public-private partnership (PPP) with the local government of Malabon City, worth over P400 million. Called L’Oasis, the project is a six-building mid-rise development located in Barangay Baritan, Malabon City. Each of the buildings…

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BEIJING: Down a ramshackle alleyway, with no running water or toilet, and filled with rubbish, lies a cramped, 13-square-metre room few wealthy Chinese would deign to occupy. It is for sale at nearly $600,000. The space has one particular feature that makes it a spectacularly desirable residence: ownership entitles the…

FROM OBSCURE CHINESE INSURER

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SHANGHAI: Chinese insurance giant Anbang, virtually unknown abroad before buying New York’s historic Waldorf Astoria hotel, is bidding nearly $20 billion to become an international hotelier — raising questions over why it wants to enter the hospitality business, and over its murky shareholding structure. Anbang is on a shopping spree…

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TOKYO: Japan’s central bank on Tuesday held fire on unleashing more stimulus, after its surprise introduction of negative interest rates earlier this year was slammed as a desperate bid to stir growth. The decision was widely expected, as policymakers gauge the impact of their unprecedented move, but analysts predicted the…

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BEIJING: China’s central bank has drafted plans to impose a tax on currency trades, Bloomberg News reported on Tuesday, in what would be its latest volley against those betting on a depreciation of the yuan. Chinese authorities have spent unprecedented sums to support the currency and stem capital flight since…

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VIENNA: OPEC said on Monday (Tuesday in Manila) its oil production fell in February despite member Iran steadily increasing its output after international sanctions were lifted in January following a landmark nuclear deal. The decrease can be largely attributed to a steep production drop in Iraq, which has suffered from…

Regions

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SANTA ROSA, Nueva Ecija: Antonio Santiago, 44, a local businessman hanged himself with a nylon rope on Friday at Barangay San Joseph. According to the trader’s son Jonar, he saw his father in a room hanging from the ceiling. They forcibly opened the door but the businessman had already choked…

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CATANAUAN, Quezon: An Army soldier, PFC Denopol, died from multiple gunshot wounds in a 90-minute encounter between government troops and alleged members of the New People Army (NPA) Friday morning, around 8.15 at Sitio Pangi, Barangay Doongan Ilaya of this town. In a report to Solcom Chief LTGen Caesar Ronnie…

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ZAMBOANGA CITY: Government troops clashed with communist rebels in the town of Bayog in the province of Zamboanga del Sur, police said. It said the fighting erupted in the village called Dagum, but there were no reports of casualties from both sides.Police said the Thursday clash involved a platoon of…

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BAMBANG, Nueva Vizcaya: A Presidential adviser has filed criminal charges against the governor of Cagayan province that stemmed from the shooting of the former’s convoy during the recent midterm elections. Allegedly perpetrated by the governor and his men, the police filed the multiple attempted murder case against Gov. Alvaro Antonio…

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BAMBANG, Nueva Vizcaya: In a move to save the endangered Anguillid eel in the Cagayan Valley region, two foreign-based zoologists are pushing for crafting of management plans for the conservation of this endangered species. Believed to have vast medical significance, Anguillid is a species of elver eel found in the…

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ILOILO CITY: The influx of some 1,000 new families at the city-owned relocation site in Barangay Lanit, Jaro District, has touched off a need for additional classrooms and other amenities such as multipurpose hall, barangay gymnasium, barangay health center and a daycare center. Village chairman Simplicio Subaldo said he welcomes…

World

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PARIS: Increased Internet surveillance and tighter border checks are “urgently” needed to foil jihadist attacks of the sort that rocked Paris this week, European, United States and Canadian security ministers agreed on Sunday. The gathering of interior and justice ministers at the French interior ministry was held before a massive…

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PARIS: Sunday’s massive march in Paris against terrorism drew dozens of world leaders in a show of unity — except from the United States, which was represented by its ambassador. US Attorney General Eric Holder, who was in Paris on Sunday to attend a meeting of interior and justice ministers…

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SEOUL: South Korean President Park Geun-Hye said on Monday she was willing to meet unconditionally with North Korean leader Kim Jong-Un, and urged Pyongyang to respond more “proactively” to Seoul’s offer for dialogue. Park, in her New Year’s press conference, added she was willing to “meet just about anyone” to…

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KANO, Nigeria: Four people were killed in suicide attacks by two female bombers on Sunday (Monday in Manila) in the latest deadly violence in northeast Nigeria after the military appealed for support to help fight Boko Haram. The two women targeted a crowded market in Potiskum, Yobe State, a day…

Today's Breaking News

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PARIS: A form of mental training which helps people recognise the onset of depression, and control it, works as well as anti-depressants in preventing relapse, researchers said. Dubbed Mindfulness-Based Cognitive Therapy (MBCT), the method may offer a welcome alternative for people wishing to avoid long-term use of anti-depressants, which can…

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CAIRO: An Egyptian court on Tuesday sentenced ousted president Mohamed Morsi and 12 other defendants to 20 years in jail for involvement in the arrests and torture of protesters during his rule. But the court acquitted Morsi — Egypt’s first freely elected president — of murder charges that could have…

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DENPASAR, Indonesia: A US couple were given long jail terms Tuesday for the “sadistic” murder of the woman’s mother, whose body was found stuffed in a suitcase outside a luxury hotel on Indonesia’s Bali island. Tommy Schaefer, 21, was found guilty of the premeditated murder of Sheila von Wiese Mack…

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ADDIS ABABA: Ethiopia began three days of national mourning on Tuesday, with joint Christian and Muslim prayers for more than 20 Ethiopian Christians killed by Islamic State militants in Libya. The murders have horrified Ethiopians and sparked global condemnation, including from Pope Francis who expressed “great distress and sadness” over…

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Philippine shares fell sharply Monday on a knee-jerk reaction to what local traders said was a surprise downturn in the US market on Friday. The Philippine Stock Exchange index (PSEi) slipped below the 7,800-point level, and by 3:00 p.m., it was down 2.08 percent or 165.30 points at 7,781.59. It…