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The State of the Nation Address (SONA) of President Benigno Aquino 3rd  lingered on the smaller issues but missed the bigger picture, according to panelists at a Post-SONA Analysis held at UP School of Economics on Thursday. The participating panellists are experts in economics, governance, politics and media. Economics Prof.…

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Benhur Luy is a drug user, promiscuous homosexual and check forger. The description of one of the whistleblowers in the P10-billion Priority Development Assistance Fund (PDAF) anomaly was provided by Janet Lim Napoles, the woman Luy said was behind the pork barrel misuse that involves five senators and two congressmen.…

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DESPITE touting transparency and accountability as its core policy, the Aquino administration is not endorsing the passage of the Freedom of Information (FOI) bill in the 16th Congress,  an administration lawmaker said on Friday. Ifugao Rep. Teddy Baguilat, one of the FOI authors, made the disclosure in light of reports…

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AFTER a series of increases for two months, two oil companies on Friday announced that they would cut down prices. In an advisory at noontime, Pilipinas Shell and Petron Philippines said that they would roll back prices of gasoline products by P1.70 per liter and P.25 per liter on diesel.…


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THE Sandiganbayan on Friday issued a hold departure order (HDO) against former Philippine National Police (PNP) officials facing charges in line with the P405-million V-150 light armored vehicles repair. The Sandiganbayan Fourth Division issued the order against  former PNP chief Avelino Razon Jr., director Geary Barias, former comptroller Eliseo dela…

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VARIOUS political parties are mobilizing their members and assets to conquer the Barangay and Sangguniang Kabataan (SK) elections in October, the group Consortium for Electoral Reform (CER) said on Friday. The continued meddling by partisan politicians in what was supposed to be a non-partisan electoral exercise, the group added, could…

Business

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BEIJING: China has been under-reporting its coal consumption for years, experts said Wednesday after official statistics were revised upwards by hundreds of millions of tons a year. Pollution is a growing concern in the world’s second-largest economy, whose cities are regularly blanketed by choking smog — much of it the…

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TOKYO: Japan Post skyrocketed on its trading debut Wednesday after the biggest initial public offering this year, lifting hopes that privatizing what is effectively the world’s largest bank will boost Tokyo’s faltering growth blitz. Shares in the vast company—along with its banking and insurance units—were listed on the Tokyo Stock…

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SHANGHAI: China has set a deadline of this year to link trading between the Shenzhen stock exchange and the Hong Kong market, the central bank chief said, following a similar connection with the Shanghai bourse. China launched a landmark “stock connect” between Shanghai and its special administrative region of Hong…

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TOKYO: The crisis surrounding Japan’s Takata deepened on Wednesday as its shares plunged on news that top client Honda was dumping it as an airbag parts supplier and US safety regulators slapped it with a record fine. The stock fell nearly 20 percent in afternoon trading as investors reacted to…

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SEOUL: South Korea’s Hyundai Motor launched on Wednesday a high-end brand named after its Genesis line of vehicles as it looks to expand its presence in the fast-growing luxury auto market. Hyundai, which together with affiliate Kia is the world’s fifth largest carmaker, said its premium Genesis brand will offer…

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WASHINGTON, D.C.: New orders for US manufactured goods fell for a second consecutive month in September, dragged down largely by a drop in commercial plane orders, official data released on Tuesday showed. The Commerce Department said new factory orders fell 1.0 percent in September, following a revised 2.1 percent drop…

Regions

World

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BEIJING: China’s Xi Jinping will visit Seoul next week, both sides said on Friday, going to the South for his first presidential journey to the Korean peninsula as Beijing’s frustrations mount with the nuclear-armed North and its confrontational young leader Kim Jong-Un. China is the North’s key ally, energy provider…

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WASHINGTON, D.C.: Known for his love of fine but healthy food, President Barack Obama is deploying chefs—including his own—to Asia in hopes of bringing food tourists to the United States. The five chefs will take part in Independence Day celebrations on July 4 in a bid to promote both US…

ANALYSIS

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Today marks the start of Rim of the Pacific Exercise (RIMPAC) 2014, the largest naval exercise in the world. For the first time, China is among the participants in this US-organized exercise. China’s participation in RIMPAC is unlikely to fundamentally change the nature of US-China military-to-military relations. However, in the…

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BRUSSELS: Ukraine’s new Western-backed president on Friday signed a landmark European Union (EU) pact whose rejection by his pro-Moscow predecessor plunged the ex-Soviet country into turmoil and sent East-West relations to their lowest level since the Cold War. Ukraine President Petro Poroshenko hailed the deal, which pulls Kiev out of…

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BRUSSELS: European leaders gathered in Brussels on Friday to try and resolve a damaging row over Jean-Claude Juncker’s likely nomination as European Commission president which has left Britain isolated and angry. Although Juncker’s appointment is expected to be confirmed at the summit, Prime Minister David Cameron will force an unprecedented…

ANALYSIS

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WASHINGTON D.C.: The crisis in Iraq, sparked by a lightning offensive from Sunni jihadists led by the Islamic State of Iraq and the Levant (ISIL), finds heavily armed players on opposite sides. But there is no clear military solution and the conflict risks dragging on, experts say. With 4,000 to…

Today's Breaking News

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GAZA CITY: Israeli jets bombed targets across Gaza early Thursday, retaliating to Palestinian rocket attacks in spiralling violence that left a truce extension teetering on the brink of collapse. The resumption of hostilities shattered nearly three days of calm over the skies of Gaza and southern Israel, raising fears that…

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DOHUK, Iraq: US troops assessed the situation Wednesday of thousands of civilian refugees trapped by jihadists on a northern Iraqi mountain, after the United States carried out air strikes against Islamic State militants. A US military official said the small party of special forces soldiers returned safely to base. “They…

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Housing prices have skyrocketed in a residential area of Pyongyang where the foreign embassies are located as North Koreans are scrambling to move to that area, expecting to use the embassies’ Wi-Fi, North Korea Intellectuals Solidarity (NKIS) — a Seoul-based think tank — reported on August 6. The world wide…

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UNITED NATIONS: United Nations Secretary- General Ban Ki-moon on Wednesday called for UN system-wide support to the World Health Organization’s efforts to fight Ebola. “This morning the secretary-general chaired a UN system-wide coordination on Ebola,” Ban’s spokesperson Stephane Dujarric told reporters here at the daily briefing. “He stressed the need…

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WASHINGTON: About 1.65 million heart-related deaths per year can be attributed to sodium consumption above the World Health Organization’s recommendation of 2.0g per day, a new study said Wednesday. The study, published in the U.S. journal The New England Journal of Medicine, collected and analyzed existing data from 205 surveys…

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Good weather will continue to prevail in the next three days due to the ridge of high pressure weather system now affecting the country, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said on Thursday. PAGASA weather forecaster Alvin Pura said due to monsoon break, expect a good weather…