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Stocks move in step with Asia-wide rally
Local stocks recovered yesterday, moving in step with Asian peers, ahead of US inflation data that could influence the Federal Reserve’s thinking on rate cuts, while the crypto world got a boost after exchange-traded funds to track Bitcoin were approved in the United States......»»
Japan strengthens security partnerships with ASEAN nations to contain China: Analysts
Washington DC [US], December 15 (ANI):Japan has been enhancing its security ties with various Southeast Asian nations ahead of a Japan-ASEAN summit that is scheduled to be held in Tokyo from December 16-18. According to analysts, this forum is being held to offset China's aggressive behaviour in the region, VOA News reported. Japan will host the ASEAN-Japan Commemorative Summit in Tokyo marking the 50th anniversary of ASE.....»»
Japan strengthens security partnerships with ASEAN nations to contain China: Analysts
Washington DC [US], December 15 (ANI):Japan has been enhancing its security ties with various Southeast Asian nations ahead of a Japan-ASEAN summit that is scheduled to be held in Tokyo from December 16-18. According to analysts, this forum is being held to offset China's aggressive behaviour in the region, VOA News reported. Japan will host the ASEAN-Japan Commemorative Summit in Tokyo marking the 50th anniversary of ASE.....»»
Analysts: Japan Strengthening ASEAN Security Ties to Contain China
washington - Tokyo has been expanding its security ties with multiple Southeast Asian countries ahead of a Japan-ASEAN summit that analysts see as a forum to offset China's aggressive behavior in the region.Japan is scheduled to host the ASEAN-Japan Commemorative Summit in Tokyo from Saturday to Monday, marking the 50th anniversary of ASEAN-Japan friendship and cooperation.Japan and 10 ASEAN countries see.....»»
Analysts: Japan Strengthening ASEAN Security Ties to Contain China
washington - Tokyo has been expanding its security ties with multiple Southeast Asian countries ahead of a Japan-ASEAN summit that analysts see as a forum to offset China's aggressive behavior in the region.Japan is scheduled to host the ASEAN-Japan Commemorative Summit in Tokyo from Saturday to Monday, marking the 50th anniversary of ASEAN-Japan friendship and cooperation.Japan and 10 ASEAN countries see.....»»
Tenorio makes PBA comeback after beating Big C
Barangay Ginebra's LA Tenorio will be making his long-awaited comeback to the Philippine Basketball Association (PBA) after successfully beating colon cancer. Tenorio, who underwent a six-month treatment in Singapore, is now in remission and ready to step back onto the court. The 39-year-old point guard expressed his excitement and high spirits ahead of his first game in 10 months. Despite acknowledging the challenge of readjusting to competitive basketball, Tenorio is determined to fit in seamlessly with his teammates. He also expressed his gratitude to his family, friends, management, coaches, and the entire sports community for their support during his recovery. Tenorio, known as the Iron Man for his impressive streak of 744 consecutive games in the PBA, had his streak interrupted due to a groin injury and subsequent cancer diagnosis. During his time away from the game, he served as an assistant coach for Gilas Pilipinas in the 19th China Asian Games, where the Philippines emerged victorious......»»
Markets drop as US inflation comes into view
Asian markets dipped yesterday as investors look ahead to the release this week of key US inflation data that could provide a guide for the Federal Reserve’s plans for interest rates going into the new year......»»
FIFA World Cup 2026 Asian qualifying 2nd stage standings
BEIJING, Nov. 20 (Xinhua) -- Following are the group standings of the FIFA World Cup 2026 Asian Zone qualifying tournament second stage ahead of Tuesday's matches (tabulated under teams, matches played, won, drawn, lost, goals for, goals against, points): Group A Qatar 1 1 0 0 8 1 3 India 1 1 0 0 1 0 3 Kuwait 1 0 0 1 0 1 0 Afghanistan 1 0 0 1 1 8 0 Group B Japan 1 1 0 0 5 0 3.....»»
FIFA World Cup 2026 Asian qualifying 2nd stage standings
BEIJING, Nov. 20 (Xinhua) -- Following are the group standings of the FIFA World Cup 2026 Asian Zone qualifying tournament second stage ahead of Tuesday's matches (tabulated under teams, matches played, won, drawn, lost, goals for, goals against, points): Group A Qatar 1 1 0 0 8 1 3 India 1 1 0 0 1 0 3 Kuwait 1 0 0 1 0 1 0 Afghanistan 1 0 0 1 1 8 0 Group B Japan 1 1 0 0 5 0 3.....»»
Thais blitz PH Warriors
In the 4th Hangzhou Asian Para Games wheelchair basketball tournament, Thailand held the Philippines to a measly basket in the second quarter on the way to a 70-32 romp, on Saturday. After the Warriors gamely battled the Thais to a 16-all deadlock in the first quarter, their rivals erupted with a critical 16-0 blast surging ahead 32-16 before Alfie Cabañog broke the long dry spell with a short jumper with 1:07 to go in the first half.From a 34-16 bulge, the Thais, perennial men’s wheelchair ASEAN Para Games champions, continued to pour it on and stretched the lead to 45-24 entering the pivotal final period where they continued their relentless offense on the way to their second win in three outings in Group A. The Pilipinas Warriors absorbed their third straight loss and will face defending Iran, which routed China 72-42 in the other group match, rolling to its third straight win......»»
Brownlee formula
The issue surrounding Justin Brownlee is a major blackeye to Philippine basketball. It is yet another heartbreaker for Filipinos, who were hoping and praying to see the national team reassert its dominance in the international arena. For the longest time, the Filipinos had struggled internationally. In the Asian Games, for instance, the Philippines emerged victorious in its first four editions — 1951 in New Delhi, 1954 in Manila, 1958 in Tokyo, and 1962 in Jakarta before suffering a string of frustrating finishes. The closest we got to the gold medal was in 1990 when the Basketball Association of the Philippines tasked the Philippine Basketball Association with assembling a team that would reclaim our Asian glory. It was a tall order at the time as the Philippines was coming off a bitter setback at the hands of Malaysia in the 1989 Southeast Asian Games in Kuala Lumpur. The BAP knew that only an Asian crown would soothe the pain of a nation craving revenge. But it didn’t happen. Coached by Robert “Sonny” Jaworski, the team bannered by Allan Caidic, Benjie Paras, Ramon Fernandez, Samboy Lim, and Chito Loyzaga surrendered to powerhouse China featuring Shan Tao and Ma Jian in the gold medal match. Eight years later, Tim Cone was given the marching orders to assemble another star-studded squad to represent the country in the Bangkok Asian Games in 1998. But like Jaworski, his bitter coaching nemesis at the time, Cone was also unsuccessful as his Centennial Team had to settle for bronze behind China and South Korea. In the next edition in Busan in 2002, hopes were high. Despite a sudden coaching change after American mentor Ron Jacobs suffered a stroke in the final stretch of preparations, Jong Uichico was still able to form a solid team that had a mix of Filipino-foreign stars like Asi Taulava, Eric Menk, and Rudy Hatfield, as well as homegrown stars like Olsen Racela, Kenneth Duremdes, and Danny Ildefonso. But fate wrote a cruel script. The Philippines was ahead, 68-66, in the final 23.9 seconds of the semifinal clash against South Korea. A victory would have sent the Filipinos to the gold medal match against China, while a setback would relegate them to a battle for bronze against Kazakhstan. Racela was at the charity stripe for a chance to ice the game and seal the victory. But he missed both free shots. In a shocking — and heartbreaking — turn of events, Korean gunner Lee Sang Min buried a long three-pointer off a broken play at the buzzer that sent the host country to the finals. The players were crushed while a river of tears flowed through the streets of Manila as the entire country couldn’t believe how merciless the basketball gods could be. Since then, Philippine basketball has been reduced to a mere footnote in Asian basketball. We bombed out of the medal podium in Doha in 2006 and Guangzhou in 2010. We even suffered international embarrassment when head coach Chot Reyes instructed naturalized player Marcus Douthit to shoot at our own basket in Incheon in 2014. In 2018, a legitimate National Basketball Association campaigner, Jordan Clarkson, came along and was billed as the hero who would save Philippine basketball. But he was unsuccessful. The Filipinos’ string of misfortunes continued as Gilas Pilipinas settled for fifth place. Then here came Brownlee, tapped to see action as a naturalized player in the Hangzhou Asian Games. The 35-year-old American was tasked to power a team already familiar to him — guys he had been playing with for more than five years. The coach — Cone — had been his mentor since he arrived in Manila in 2016 and led Barangay Ginebra San Miguel to six PBA titles while winning three Best Import honors. There was no honeymoon period to speak of. He hit the ground running. The result was impressive as Brownlee dropped 36 points to lead Gilas Pilipinas to a razor-thin 84-83 win over Iran in the quarterfinals, before dropping back-to-back three-point bombs in their miraculous 77-76 victory over host China in the semifinals. The Filipinos won their first gold medal in 61 years following a 70-60 victory over Jordan in the final, but an asterisk was attached to the victory after Brownlee tested positive for Carboxy-THC, a banned substance linked to the use of cannabis. At this point, it is unknown whether Brownlee will contest the findings or how long his possible suspension will be. What is clear is that Brownlee made a tremendous impact on Philippine basketball as he proved that the best way to win an international title is to field a naturalized player who is very familiar with the Filipinos’ style of play. Brownlee may not be as exciting and flashy as Clarkson or as tall as Douthit and Blatche, but he knows Philippine basketball like the back of his hand. It’s time for the Samahang Basketbol ng Pilipinas to create more Justin Brownlees by recruiting young foreign players who are willing to stay in the country for a longer period — not just to earn and play as imports in the PBA — but to win the hearts and minds of these basketball-crazy Filipinos. Brownlee’s professional career is in great peril, and we may not see him don the Gilas or Ginebra jerseys again. But we should always remember his most significant contribution to Philippine basketball. Nope, it wasn’t the incredible play he delivered against China or how he stood his ground against Rondae Hollis-Jefferson and the powerful Jordanians that led to the country’s first Asian Games title in 61 years. His most important contribution was the idea that to gain international success, the federation must recruit a naturalized player not based on skills, height, or popularity but on his love, respect, and dedication to the country he wishes to represent. The post Brownlee formula appeared first on Daily Tribune......»»
Shun mass protests in Egypt
Filipinos in Egypt have been advised to avoid joining any protests following the mass demonstrations, denouncing the bombing of a hospital in the Gaza Strip that reportedly killed at least 500 civilians. In an advisory, the Philippine Embassy in Egypt cautioned Filipinos against joining the random demonstrations and planned mass actions. “The Philippine Embassy in Cairo advises everyone to exercise caution, keep away from mass congregations, and stay home unless necessary,” it said. According to the Department of Foreign Affairs, there are 1,990 Filipinos in Egypt. Egyptians took to the streets to express their anger over the bombing of the Al-Ahli Baptist Hospital in Gaza, which left hundreds of Palestinians dead. In one of the demonstrations, a Palestinian flag was raised while an Israeli flag was burned. The demonstrations came after Egypt’s President Abdel-Fattah el-Sissi called on Egyptians to express solidarity with the Palestinians amid the Israel-Hamas war. This developed as top diplomats of the Association of Southeast Asian Nations on Friday denounced the ongoing war in the Middle East. End bloodshed In a statement, the foreign ministers of the 10-member regional bloc called for an immediate end to the bloodshed. “We strongly condemn the acts of violence which have led to the deaths and injuries of civilians, including ASEAN nationals,” the foreign ministers said. “We urge the immediate end of violence to avoid further human casualties and call for the full respect of international humanitarian law,” it added. Israel and the Palestinian militant group Hamas are engaged in armed conflict following the surprise attack launched by the terror group on Israel last 7 October. The attack by Hamas has left more than 1,400 dead, most of them massacred on the first day of the assault. Meanwhile, the widespread airstrikes on the Gaza Strip have reportedly left at least 3,478 dead. ASEAN also called on “all parties to create safe, rapid and unimpeded passages of human corridors.” Last week, Israel imposed a 24-hour deadline for 1.1 million civilians to evacuate northern Gaza ahead of its ground offensive in the Palestinian territory. Since then, millions of civilians, including foreign nationals, have scrambled to move from northern Gaza to southern Gaza in hopes of exiting the war-torn territory. The bulk of civilians are swarming to the Rafah border in an attempt to enter Egypt despite the border remaining closed and the restricted availability of food, water and electricity. Two-state solution Meanwhile, ASEAN reaffirmed its support for a “negotiated two-state solution that allows Israelis and Palestinians to live side-by-side in peace and security consistent with relevant United Nations Security Council resolutions.” “This will be the only viable path to resolving the root cause of the conflict,” it said. The regional bloc also called on the “international community to support the peace process in order to ensure long-lasting peace and stability in the region.” “We have issued our respective national statements on the escalation of armed conflicts in the Middle East,” it said. On Wednesday, the Philippines, one of the founding members of ASEAN, expressed its “profound sadness” over the bombing of a hospital in the Gaza Strip, which reportedly killed at least 500 civilians. Israel and Hamas denied being behind the attack and blamed each other for the bombing. The Philippines said all parties should “do their utmost to protect civilians in times of war and armed conflict.” “We support efforts of the United Nations to provide humanitarian relief in the conflict areas,” it said. According to the Department of Foreign Affairs, there are 135 Filipinos in the Hamas-controlled Gaza. Deep concern In Riyadh, Saudi Arabia, where President Ferdinand Marcos Jr. is attending the ASEAN-Gulf Cooperation Council Summit, the Chief Executive expressed deep concern over the rising number of victims and the safety of those affected by the conflict. In his intervention during the 1st ASEAN-GCC Summit here on Friday, Marcos said, “All parties (should) exert their utmost efforts to de-escalate the situation, stop all violence, and engage in dialogue and diplomacy.” He called on the members of the GCC and ASEAN to work together to promote peace, security, and stability in the South China Sea and the Arabian Sea. Marcos also underscored the importance of cooperation between member countries of the two regional groups to ensure their continued prosperity. “As the two regional organizations located astride the major sea gates and vital corridors of the world’s commerce and communications, it is imperative that we work together to promote peace, security, and stability in both our regions, the South China Sea and the Arabian Sea, grounded on the rules-based international order to ensure the stability and prosperity of our countries and the rest of the world,” Marcos said. “Peace and stability are indispensable to ensuring continued prosperity in our respective regions and the world,” he added. The six GCC member countries are Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates, while the 10 ASEAN member countries are Brunei, Burma, Cambodia, Indonesia, Laos, Malaysia, the Philippines, Singapore, Thailand and Vietnam. President Marcos attended the ASEAN-GCC Summit, where he discussed business opportunities in the Philippines and urged investors to invest in the Maharlika Investment Fund, among other significant opportunities in the Philippines. The post Shun mass protests in Egypt appeared first on Daily Tribune......»»
‘Freaking get that gold’: Obiena rooting hard for Gilas in Asiad finals vs Jordan
Asian Games gold medalist EJ Obiena had some choice words to try and motivate Gilas Pilipinas ahead of their gold medal game against Jordan Friday night......»»
Feature: Friendship and int l cooperation spur Asian pole vault success
By sportswriters Li Chunyu, Wang Qin'ou HANGZHOU, Oct. 4 (Xinhua) -- Pole vaulter Ernest John Obiena had much to celebrate at the Hangzhou Asian Games, clinching the Philippines' first gold medal and setting an Asian Games record. His success is undoubtedly the result of years of hard training, but it also reflects friendship and international cooperation. Obiena arrived in Hangzhou about a week ahead of.....»»
Asian markets fall on rate fears as bond yields rise
Asian markets fell across the board Wednesday following Wall Street's lead after robust US employment data and rising Treasury yields exacerbated fears that interest rates will be higher for longer. The labor report, known as JOLTS, showed a surprise increase in the number of job openings to 9.6 million, a sign of continued tightness in the market and fuelling worries of a further rate hike by the Federal Reserve before year's end. The report comes ahead of Friday's highly anticipated September US employment report. Following the JOLTS report, 10-year US Treasury note yields climbed to levels last seen in 2007. Treasury bond yields are seen as a proxy for US interest rates and are closely watched. All three major US indices closed in the red, falling by more than one percent. "Stock market investors were sent reeling after US job openings unexpectedly rebounded in August, adding to concerns that the Federal Reserve could hike rates in November but unquestionably maintain elevated borrowing costs for an extended duration," said SPI Asset Management's Stephen Innes. Tokyo and Seoul, which resumed trade after a long holiday weekend, led the Asian selloff Wednesday, both falling around two percent, while Hong Kong, Taipei, Jakarta, Singapore, Sydney, and Wellington were all sharply lower in a sea of red. Markets in mainland China were closed for a week-long holiday. "It is difficult (for investors) to move towards bargain-hunting as yields in US Treasury notes keep climbing," analyst Shutaro Yasuda of Tokai Tokyo Research Institute said. On forex markets the yen was trading at 149.28 to the dollar after hitting 150.16 in London on Tuesday, its weakest level in a year. Japan's top finance officials declined to comment Wednesday on whether Tokyo had intervened to support the yen after it had breached the psychological 150 level. In recent months, the yen has plummeted against the dollar in part because of the widening gap in interest rates set by the Bank of Japan and the US Federal Reserve. The post Asian markets fall on rate fears as bond yields rise appeared first on Daily Tribune......»»
Marcos takes to X to hail Obiena
President Ferdinand Marcos Jr. on Sunday congratulated pole vault champion EJ Obiena on winning at the 19th Asian Games in Hangzhou, China on Saturday night and taking home the nation’s first gold medal. Marcos congratulated Obiena on X (formerly Twitter) after the pole vault king cleared 5.75 meters and later cleared 5.90 meters to clinch the gold medal. “Congratulations, EJ, on clinching our first gold in the men’s pole vault at the 19th Asian Games!” Marcos said. “Kudos as well to Patrick King Perez, Jones Inso, Gideon Padua, Clemente Tabugara Jr., Alex Eala and Francis Casey Alcantara for their outstanding performances in Taekwondo, Wushu, and Tennis! Best of luck to all our athletes competing ahead!” he added. Obiena said he worked under pressure just to win the first gold medal for the Philippines. However, he said he felt the weight of the expectations, implying that living up to those expectations did take a toll on him. The post Marcos takes to X to hail Obiena appeared first on Daily Tribune......»»
PBBM congratulates EJ Obiena for winning Phl’s first Asiad gold
President Ferdinand Marcos Jr. on Sunday congratulated pole vault champion EJ Obiena on winning the 19th Asian Games in Hangzhou, China on Saturday night and taking home the nation's first gold medal. Marcos congratulated Obiena on X (formerly Twitter) after the pole vault king cleared 5.75 meters and later cleared 5.90 meters to clinch the gold medal. “Congratulations, EJ, on clinching our first gold in the men’s pole vault at the 19th Asian Games!” Marcos said. “Kudos as well to Patrick King Perez, Jones Inso, Gideon Padua, Clemente Tabugara Jr., Alex Eala, and Francis Casey Alcantara for their outstanding performances in Taekwondo, Wushu, and Tennis! Best of luck to all our athletes competing ahead!” he added. Obiena, for his part, said that he worked under pressure just to win the first gold medal for the Philippines. However, he felt the weight of the expectations, implying quietly that living up to those expectations did take a toll on him. "It's a privilege to be in this position where the whole country is literally expecting gold because of you guys, so good job, and thank God, I didn't crack," Obiena said during a media scrum moments after his first Asian Games conquest. Japan's Seito Yamamoto held the Asian Games record, jumping 5.70 meters. But Obiena broke that record with his jump. At 6.0 meters, the Filipino pole vaulter holds the record for all of Asia. The post PBBM congratulates EJ Obiena for winning Phl’s first Asiad gold appeared first on Daily Tribune......»»
Fighting gun violence, Kamala’s new task
“We know true freedom is not possible if people are not safe,” United States Vice President Kamala Harris said Friday in announcing her new role to combat gun violence. The 58-year-old Democrat will lead the new White House Office of Gun Violence Prevention, which will coordinate on the issue but lacks significant enforcement authority to combat the epidemic in a nation with more firearms than people. “We do not have a moment to spare nor a life to spare” while the United States is “torn apart” by gun violence, she said at the White House on Friday. “After every mass shooting, we hear a simple message, the same message all over the country,” she added, saying Americans are begging for their leaders to “‘do something, please do something.’” Despite the new push, the White House does not have unilateral power to meaningfully limit gun use in the United States, such as by banning assault weapons. Any substantial moves would have to come from Congress, where fiercely anti-gun regulation Republicans control the House of Representatives. Biden has tried to work around legislative requirements and imposed certain regulatory and administrative restrictions, which have only a limited scope. The new role adds a significant job to Harris’s portfolio just a little over a year ahead of the 2024 race, in which she and the 80-year-old president are facing re-election. The vice president has already been tasked with handling other politically sensitive issues such as immigration. Tackling gun violence gives the former California prosecutor the chance to work on a visible issue that often garners more widespread consensus from the American public. According to the Gun Violence Archive, a non-governmental organization, 44,374 people were killed by guns across the United States last year. Gun deaths have slowed slightly this year, at 28,793 for the first eight months, according to the archive. Harris — the first woman to become vice president as well as the first Black person and person of South Asian descent to hold the job — also recently embarked on the so-called Fight for Our Freedoms College Tour, in which she visited several US universities. She was generally received with enthusiasm, in contrast to her often-flagging favorability poll numbers. with AFP The post Fighting gun violence, Kamala’s new task appeared first on Daily Tribune......»»
Gilas edges Korea s LG Sakers in lone pre-Asiad tuneup
Gilas Pilipinas triumphed over Korean team LG Sakers, 86-81, on Friday at the PhilSports Arena in Pasig City in its only tune-up game ahead of the Asian Games......»»
Long-game scenario
Employing lawfare and so-called grey zone tactics may point to China preparing for the long haul, according to experts. The tactic involves wearing down its opponents in the South China Sea conflict while waiting for a suitable administration in the United States, which would again give less importance to America’s stabilizing role in the Asia-Pacific region. China’s preparations for a protracted conflict are evident in its latest moves, from making public the 10-dash line claim, the absence of Chinese President Xi Jinping from the Association of Southeast Asian Nations Summit in Jakarta, and the water spraying by a Chinese Coast Guard vessel of a Philippine Navy boat on a mission to resupply the grounded Sierra Madre. Regional analysts said China is employing a combination of lawfare, which is the use of legal systems and institutions to undermine an opponent, and gray zone tactics, which are maneuvers short of war that point to a conflict for the long haul. China’s drafting of a new map was timed to reassert its territorial claims and flex its muscles ahead of the ASEAN and G20 Summits. It did gain a measure of success as in the joint statements customarily issued at the end of the events; there was no explicit mention of China despite most members of the regional blocs expressing concerns about its assertive actions in the disputed waters. Collin Koh, a senior fellow at the S Rajaratnam School of International Studies based at Nanyang Technological University in Singapore, said the elephant in the room, amid the increasing aggressiveness of the Asian giant, was China’s undergoing multiple crises. Koh said that while lawfare and maritime coercion have been part and parcel of Beijing’s toolkit in the past, “there has been an obvious uptick that coincided with China’s domestic problems, which are property market woes, high youth unemployment, and sluggish exports.” For instance, during the term of former President Rodrigo Duterte, “the Philippines was subjected to boat swarming tactics similar to those recently seen.” The use of such methods intensified after the Philippines announced an expanded Enhanced Defense Cooperation Agreement with the United States, which Beijing interpreted as one of America’s efforts to intervene in its conflict with Taiwan. For China, digging in and preparing for a long engagement is beneficial. At Ayungin Shoal, China has been blocking Philippine missions to repair the dilapidated landing ship grounded there since it knows that the rusting hull would not last too long and nature will take care of its eventual removal. It can simply wear down the country’s resolve until it abandons its hold on the shoal, or so China believes. China is trying to prevent a united stand in the region since lawfare can be matched by counter-lawfare, such as by tightening existing legal maritime provisions or creating new ones in line with international law to assert the other claimant nations’ interests, according to geopolitical experts. ASEAN has inherent structural limitations make it challenging to take a united position on the South China Sea disputes. China exploits these limitations, such as the ASEAN decision-making process, where a disagreement by one member defeats a unified stand of the 10-nation group. Thus, the role of powers outside the region remains more important than ever to backstop the efforts to maintain stability while following international law. Previous talk about matching the military prowess of China, particularly for the long haul, would be impossible for the Philippines. This was why the alliance with the United States through EDCA was strengthened — to give the Philippines the minimum defense capability against aggressors. The post Long-game scenario appeared first on Daily Tribune......»»