Asian share markets swept lower Monday (January 11) after Wall Street suffered its worst starting week in history and doubts over Beijing’s economic competence sent investors into the arms of the safe-haven yen and sovereign bonds. The absence of Tokyo for a holiday only made liquidity even harder to come by, heightening volatility. South Korean shares fell, led by concerns about China and caution ahead of earnings later this month. The Korea Composite Stock Price […]
Other News
Sean Penn interview helped nab Mexico drug lord “Chapo” Guzman
An interview that Hollywood star Sean Penn conducted with Mexican Joaquin “Chapo” Guzman late last year helped Mexico’s government catch the world’s most wanted drug lord, sources said on Saturday (January 9). Guzman, the infamous boss of the Sinaloa drug cartel, was arrested in northwest Mexico on Friday (January 8) morning, and sent back to the prison he broke out of in July through a mile-long tunnel that led straight into his cell. Mexican authorities […]
Taiwan youth to China: Treat us like a country
Young Taiwan activists have occupied the parliament, scuffled with police, braved water canons, and staged mass sit-in protests in a wave of anti-China sentiment likely to turn the island’s politics on its head in the January 16 presidential election. Grievances range from a government-proposed agreement to open much of Taiwan’s service sector to mainland investment, to Taiwan’s entrance into the Beijing-backed Asian Infrastructure Investment Bank, and most recently to President Ma Ying-jeo’s meeting with China’s […]
Denmark to send 120 soldiers to fight IS in Iraq’s Anbar Province
In February, Denmark will send 120 soldiers to the west Iraqi province of Anbar to fight Islamic State (IS), along with their peers from other 30-plus countries. At the Hoeveltes Military Base, these soldiers have been getting together for training. And in a few weeks, this class will be fighting in a war zone — Anbar Province, 158 kilometers outside Baghdad and is actually inside IS-controled area. It is not far from the key city […]
Pakistan seeks balance in Saudi Arabia-Iran tensions
Pakistan is trying to seek a balance between Saudi Arabia and Iran as senior Saudi officials paid recent visits to the country for support. Saudi Arabia’s foreign and defense ministers paid successive visits to Pakistan on January 7 and 10 respecitively. One of their important aims was to strengthen the two countries’ cooperation in the field of military security, especially on the issue of an Islamic anti-terrorism coalition. During the meeting, Pakistani Prime Minister Nawaz […]
No radioactivity from DPRK bomb test detected in China, says Environment Ministry
China’s Ministry of Environmental Protection has been conducting emergency radiation monitoring in response to rising concerns over possible radioactive fallout from the Democratic People’s Republic of Korea’s (DPRK) nuclear test last Wednesday. So far, at its 36 monitoring spots in the areas alongside the China-DPRK border, with some as close as 75 kilometers to the tremor site, no radioactive pollution has been detected. Hao Guofan, deputy director of the Jilin Provincial radiation environmental monitoring station, […]
Senators Estrada and Revilla want to visit Kuya Germs’ wake
Senators Jinggoy Estrada and Ramon Revilla Jr., asked the Sandiganbayan’s permission to attend the wake of showbiz veteran German “Kuya Germs” Moreno in Mt. Carmel Church in Quezon City. Both senators said that they consider Kuya Germs as a second father and they want to give their last respects to him. (Eagle News Service Described by Jay Paul Carlos, Video Editing by Dexter Magno, Uploaded by MRFaith Bonalos)
Philippine Army receives new weapons
US-based arms manufacturer Remington delivered 12, 600 new M4 carbines for the Philippine Army, worth Php 1.9 billion. Said carbines will undergo technical examination before being issued to Army personnel. Said weapons are part of the modernization program of the Armed Forces of the Philippines. (Eagle News Service Described by Jay Paul Carlos, Video Editing by Dexter Magno, Uploaded by MRFaith Bonalos)
Filipino wins in Golden Globes
A Filipino director Ronnie del Carmen won Best Animated Movie in the 73rd Golden Globes Award, together with his co-directors for the film “Inside Out”. (Eagle News Service Described by Jay Paul Carlos, Video Editing by Dexter Magno, Uploaded by MRFaith Bonalos)
DFA sends crisis management team to Middle East
The Department of Foreign Affairs sent a crisis management team to the Saudi Arabia-Yemen border to monitor the situation of overseas Filipino workers in said region as tensions continue to increase due to a series of bombings that occurred in the said region. The DFA added that they will aid OFWs that want to go back to the Philippines due to the situation. (Eagle News Service Described by Jay Paul Carlos, Video Editing by Dexter […]
Senator Marcos criticizes COMELEC’s row
Senator Ferdinand “Bongbong” Marcos criticized the commissioners of the Commission on Elections (COMELEC) regarding their row on the issue of the disqualification case of Senator Grace Poe, adding that such internal matter shouldn’t be brought to the public. Marcos added that said row puts the independence of the COMELEC into question and may negatively affect the conduct of the 2016 elections.
SC set to decide EDCA case
In its first regular session in 2016, the Supreme Court is set to decide the legality of the Enhanced Defense Cooperation Agreement (EDCA) between the Philippines and the United States of America. There are speculations that there will be a split decision as three Justices of the Supreme Court submitted their dissenting opinions regarding the draft decision. (Eagle News Service Described by Jay Paul Carlos, Video Editing by Jericho Morales, Uploaded by MRFaith Bonalos)