BEIJING — Chinese retail sales picked up in May, but industrial production growth slowed, official data showed on Monday, suggesting the recovery in the world's second-largest economy remains uneven. Leaders have struggled to kick-start growth since an initial burst followed the end in late 2022 of stringent Covid measures that …
Read More »BOJ to taper by 2T yen per month
TOKYO — The Bank of Japan is likely to trim its monthly bond buying by around 2 trillion yen ($12.7 billion) in new guidance due next month but forgo raising interest rates at least until September, former board member Makoto Sakurai said on Monday. At its policy meeting on Friday, …
Read More »Japan core machinery orders down in April
TOKYO — Japan's core machinery orders fell in April for the first time in three months, government data showed on Monday, due to a pullback from the prior month's big jump, but the Cabinet Office said capital spending remained on track for a recovery. The data followed the Bank of …
Read More »Piolo Pascual steps out of comfort zone
Piolo Pascual is stepping out of his comfort zone as he takes on his most vile role to date in his highly-anticipated TV comeback for “Pamilya Sagrado,” the biggest family drama of 2024 that also stars Kyle Echarri and Grae Fernandez. Known for his romcom charm and dramatic portrayals in …
Read More »New home construction rose while home sales came down in May
The annual rate of new home construction was up in May, while home sales were slightly down, according to data released separately on Monday by the Canada Mortgage and Housing Corporation and the Canadian Real Estate Association. Home sales could ramp up in wake of Bank of Canada's June rate …
Read More »U.S. surgeon general wants warning labels on social media platforms
U.S. Surgeon General Dr. Vivek Murthy wants warnings on social media platforms, saying they would 'regularly remind parents and adolescents that social media has not been proved safe.' Congress would have to approve the move The U.S. surgeon general has called on Congress to require warning labels on social media …
Read More »21 Filipino seamen, who survived Houthi attack, arrive in Manila
Twenty-one Filipino crew members of the MV Tutor, which was attacked by Houthi rebels while sailing at the Red Sea on Wednesday, arrived at the Ninoy Aquino International Airport (NAIA) terminal 3, 11:10 a.m., Monday, June 17, onboard Gulf Air flight GF154. The Filipino seamen were welcomed by top officials …
Read More »Hoisted with own petard
“’Several other Chinese statements before April 2024 addressed incidents at the shoal, calling out the Philippines for violating the Declaration on Conduct and older promises. Poetic justice is about China getting the flak for its earlier disinformation regarding the existence of a “gentleman’s agreement” in addressing the West Philippine Sea …
Read More »Should we ban POGOs?
“The government should focus on developing more sustainable and secure sources of revenue that do not come with the baggage of criminality and national security risks. The rise of Philippine Offshore Gaming Operators (POGOs) has been a double-edged sword for the Philippines. On one hand, they have generated significant revenues …
Read More »Probe sought on harm caused by US’ secret anti-vax campaign in the Philippines
This June 22, 2021 photo shows individuals lining up at a mall in Manila to receive their COVID-19 vaccine. (The STAR / Miguel de Guzman) MANILA, Philippines — A congressional probe is now being sought into the damages caused by the United States military’s secret campaign to reportedly incite fears …
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