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FDI net inflows declined 74% in October & mdash; BSP

FDI net inflows declined 74% in October & mdash; BSP.....»»

Category: financeSource: thestandard thestandardJan 11th, 2019

One Championship looks to make MMA splash in States

By Dan Gelston, Associated Press How many casual American sports fans about a year ago had heard of One? Try none. OK, maybe that's a bit of a reach. But the Singapore-based mixed martial arts organization was an afterthought at best in the United States among the hodgepodge of companies trying to put a dent in UFC's heavyweight share of the combat sports marketplace. Try ignoring One Championship now. After staging shows for seven years across Asia from Myanmar to China, One has come out swinging in the U.S. — throwing millions at big-name free agents, signing a major cable TV deal and raising capital needed to not only keep its grip as the dominant MMA promotion of the East, but perhaps use global expansion to eventually rival UFC as the champ of the West. "They're making a serious push," One fighter Eddie Alvarez said. "I don't think it's going to be long before you can crown them one of the top promotions in the world. They've done everything possible in their favor to become that." Alvarez, a Philadelphia native, should know as well as any fighter about One's commitment to becoming a major player in the U.S. fight game. "The Underground King" has fought for several MMA promotions and made his name in Bellator as a two-time lightweight champion and in UFC where he won the same title in 2016 and headlined the promotion's first card in Madison Square Garden against Conor McGregor. The 34-year-old Alvarez became a free agent after his last fight in July 2018 and decided to explore his options outside UFC. He traveled to Singapore and met One founder and CEO Chatri Sityodtong and learned U.S. expansion plans and acquiring other name fighters were on the horizon, as well as ongoing talks that would broadcast fights in America. Alvarez was impressed, not just by One's outline for the future, but in a multimillion dollar contract offer that he says makes him one of the highest-paid fighters in the sport. "Our deal is more in the lines of a real pro sport deal, like football or baseball," Alvarez said. "The package deal is an eight-figure deal. When we brought that to the UFC to match it, they declined matching it and I had to move forward. I'm happy I did because One Championship is the only major promotion that I have not won and conquered the world title in. It's history and legacy for me." Alvarez was part of a flurry of transactions that put MMA fans on notice that One was intent on becoming a singular sensation. One obtained Demetrious Johnson, the long-reigning UFC flyweight champion better known as "Mighty Mouse," in a trade with UFC — yes, a trade — for Ben Askren. Sage Northcutt, once hailed as a future UFC star, also signed with One. Meisha Tate, a former 135-pound champion in UFC and Strikeforce, has signed on as One's vice president and was set to move to Singapore. One strengthened its roster with notable U.S.-based talent ahead of a North American television deal with Turner Sports. The three-year deal will see One content broadcast on Turner's platforms including TNT, which is received by more than 90 million households in the United States, as well as streaming platform Bleacher Report Live and other Turner properties. Turner, which also broadcasts the NBA and the NCAA Tournament, is set to air 24 events in 2019 on its various outlets. B/R Live will stream One: Eternal Glory on Jan. 19 from Jakarta, Indonesia. That date is already familiar to MMA fans — UFC is running its debut show on ESPN-plus the same night (yet in different time zones). Johnson and Alvarez will make their One Championship debuts on March 31 in Japan in tournament competition. "I'm not the smallest guy in the organization anymore," the 5-foot-3 Johnson said. "In America, everybody always looked at me as a child. I won't have that issue when I'm in Asia competing." More elite fighters could be on their way to One. Alvarez, who said he left on good terms with UFC and President Dana White, has suddenly become quite popular among his MMA peers. "Every fighter in town is sliding into my DMs. What's going on? What are you being offered?" Alvarez said, laughing. Sityodtong, raised in Thailand and a graduate of Harvard Business School, is the self-made multimillionaire entrepreneur behind One. He's made a name as the most powerful MMA executive in Asia and has trained and coached in martial arts. Alvarez was wowed — and wooed — by Sityodtong's approach toward building One into an American MMA juggernaut. "In three years, our goal is 100 million live viewers per event, making us as big as Super Bowl Sunday," Sityodtong said at the press conference to introduce Alvarez. One has been aggressive in establish a U.S. foothold in large part because of an influx of cash from some of the top venture capital firms in the world. Sequoia Capital and Singaporean sovereign wealth fund Temasek helped One secure an additional $166 million in funding in October. One said at the time of the announcement it had exceeded $250 million in total capital base. One also recently announced an exclusive partnership in Japan with TV Tokyo, one of the country's largest national television broadcasters. One could quickly crush Bellator as the No. 2 promotion in the United States with a national TV deal and become a viable option for free-agent fighters — even with no scheduled events in America. Plenty of other promotions are also trying to compete or at least carve out a viable slice of the MMA pie, including the Professional Fighters League, which boasts Kevin Hart and Mark Burnett as celebrity investors, as well as Cage Fury Fighting Championship and numerous promotions that air fights in various disciplines under UFC's Fight Pass online subscription service. Alvarez has a stout belief that the MMA promotion made in Asia can make it in America. "The fans there get it," Alvarez said, "and it won't be long until the American fans here get it, as well.".....»»

Category: sportsSource:  abscbnRelated NewsJan 12th, 2019

Inflation declined to an average of 5.9% in Q4& mdash;BSP

Inflation declined to an average of 5.9% in Q4& mdash;BSP.....»»

Category: financeSource:  thestandardRelated News7 hr. 22 min. ago

Arsenal facing make-or-break 6 days

By Steve Douglas, Associated Press It's a six-day stretch that could make or break Arsenal's season and prompt renewed scrutiny into the machinations of a club that appears to have issues at every level. A home game against Chelsea in the Premier League on Saturday, soon followed by the visit of Manchester United in the FA Cup. Lose both matches and Arsenal's bid for domestic silverware will be over for another season. Finishing in the top four of the league, and thereby qualifying for the Champions League, would also be highly unrealistic. And it won't even be February. It wasn't so long ago that Unai Emery was making a mockery of any fears he would struggle to oversee a smooth transition from Arsene Wenger's 22-year reign. The team was on a 22-match unbeaten run in all competitions. Emery's high-energy pressing game was working and the goals were flowing, even if there were some slight concerns about the defense. Tottenham, Arsenal's big rival, was trounced 4-2 in the North London derby. "We've got out Arsenal back," chanted gleeful Arsenal fans. Then came the slide. The first worrying signs came in a 3-2 loss at lowly Southampton on Dec. 16 that ended Arsenal's four-month unbeaten run. Then there was the elimination at the hands of Tottenham in the English League Cup quarterfinals, before a 5-1 mauling by Liverpool in the league at Anfield on Dec. 29 which revived memories of the defensive horror shows from the darkest days in the final years of the Wenger era. More recently, there was the timid 1-0 loss at West Ham on Saturday when Arsenal had two shots on target. If Arsenal loses to Chelsea, it will drop nine points adrift of the top four and probably into sixth place — the position it finished in Wenger's last year. Arsenal will be left relying on winning a cup competition — the FA Cup or, perhaps more likely, the Europa League — to salvage anything from its season. The problems won't end there. Mesut Ozil is the club's marquee and highest-earning player — reportedly getting 350,000 pounds a week ($450,000) — yet is regularly left out by Emery, just as he was against West Ham on Saturday. Ozil, a mercurial player with a languid approach, doesn't fit Emery's preferred style and so is proving to be a very expensive commodity. Another midfielder, Aaron Ramsey, has also been in and out of the team this season and is reportedly close to signing for Juventus. "At certain times, you have to provoke friction with footballers," Emery said this week, perhaps with a nod to his relationship with Ozil. "From that friction, you can get something more out of them, something from inside." Without its two most creative attacking midfielders, and with Henrikh Mkhitaryan currently injured, Arsenal lacks any playmaking ability or balance behind the two strikers, Pierre-Emerick Aubameyang and Alexandre Lacazette. Meanwhile, Emery's team has kept only three clean sheets in 22 league games. "There are times," Emery said, "when defensively we have not been very solid but we have still won because offensively we have created a lot of chances. So, at the moment, I am still leaning toward making sure the team doesn't lose what it has." Emery doesn't have the option of buying his way out of trouble. He said last week that there is no money available for permanent signings, only loans, with Arsenal having spent 70 million pounds on four players in the offseason and a club-record 56 million pounds on Aubameyang last January. In an attempt to formalize a structure to the technical staff above the manager, Arsenal created the positions of head of football relations (Raul Sanllehi joined from Barcelona) and head of recruitment (Sven Mislintat joined from Borussia Dortmund) in 2017. No way was Emery going to have the same power as Wenger. Yet sections of the British media are reporting this week that Mislintat is on his way out as part of a power struggle in the wake of the departure of chief executive Ivan Gazidis, who left for AC Milan in October. So, potential upheaval behind the scenes. No money to spend. Apparent rifts with key players. And a defensively suspect team that has lost four of its last eight games. It's a huge week coming up for Arsenal and Emery, for whom the enormity of the task in replacing Wenger might finally be sinking in......»»

Category: sportsSource:  abscbnRelated NewsJan 17th, 2019

Uneasy twosome: Golf and politics at Saudi Arabia tournament

By Doug Ferguson, Associated Press Golf usually isn't all that complicated for Dustin Johnson. He decides where he's going to play and tries to post the lowest score. The newest addition to his schedule involved a little more than that. Johnson is among several of golf's biggest stars who are scheduled to play the Saudi International at the end of the month. Johnson and Masters champion Patrick Reed were among the first to sign up last April for the European Tour event, long before Saudi Arabia came under even greater scrutiny over the killing of journalist Jamal Khashoggi. Johnson said he talked to his corporate sponsors to make sure they didn't have a problem with him playing. He will be joining a field that features Justin Rose, Brooks Koepka and Bryson DeChambeau — that makes four of the top five players in the world ranking — at Royal Green Golf and Country Club on Jan. 31. "Obviously, that was a concern with our team," Johnson said. "I'm going over there to play a sport I'm paid to play. It's my job to play golf. Unfortunately, it's in a part of the world where most people don't agree with what happened, and I definitely don't support anything like that. I'm going to play golf, not support them. "I'm not a politician. I play golf." He also said it might have been a tougher decision if not for so many others going. Along with four of the top five in the world, the Saudi International includes the last two Masters champions — Reed and Sergio Garcia — and former British Open champion Henrik Stenson. "I think any time we're trying to grow the game and expose the game in a positive way, that's what we're trying to do," said DeChambeau, a four-time winner on the PGA Tour last year. "I don't think it's a bad decision as long as they want us there. That's what I've heard — they want us there. And they want to have a little bit more exposure in the game of golf. And that's what I'm trying to do." It's not all goodwill, of course. The purse is $3.5 million, though the primary income for these players is appearance money, likely to be in the $1 million range for the biggest names. That's common for some European Tour events, especially early in the year in the Middle East, which hosted its first golf tournament in Dubai in 1989 and now has six on the Arabian Peninsula. Johnson and Koepka start their journey this week at the Abu Dhabi HSBC Championship, an event that in years past has featured top players like Tiger Woods, Rory McIlroy and Phil Mickelson. Saudi Arabia's human rights record has come under intense scrutiny since the killing in October of Khashoggi, who wrote critically of Crown Prince Mohammed bin Salman in columns for The Washington Post. He had been living in self-imposed exile before he was killed and dismembered inside the Saudi Consulate in Istanbul, according to Turkish media and officials. European Tour chief executive Keith Pelley deflected concerns when he introduced the Saudi International to the schedule in November. "As like many global companies, we monitor the situation in the areas countries, areas we play and the viability of the golf tournament, and I can simply say that the Saudi International is on our schedule in 2019," Pelley said. "And I really don't have anything more to add than that." Among those not going is Paul Casey, who last April was listed as "confirmed" for the tournament with Johnson and Reed. He says that was never the case, only that he had entertained the idea of going. "But there were a lot of questions," Casey said. "Do I want to go to Saudi? That was the main question." There also was the matter of Casey being an ambassador for UNICEF, with the logo on his golf bag. "There are a lot of places in the world that I have played and continue to go, which you could question ... some human rights violations that governments have committed," he said. "I thought I'd sit this one out." PGA Tour Commissioner Jay Monahan has granted releases for his members to play the tournament, held the same week as the Waste Management Phoenix Open. He said the U.S. tour's only involvement was making sure the trip was safe for its players. "Those are all terrible things that have happened, and that's what gives us concern about our players' safety," Monahan said about recent developments in Saudi Arabia. "Our players are independent contractors. Ultimately, they're going to make their own choice. Our job is to make them as informed as they can be." Koepka, who won two majors last year and was the PGA Tour player of the year, also said he received no pushback from his sponsors. Like Johnson, it was another offer to play golf in a new spot. The PGA Tour runs a developmental tour and sponsors a World Golf Championship event in China. The European Tour has had Turkey on the schedule since 2013. "People are always going to have different views on politics wherever you go," Koepka said. "All these places, there's a bit of conflict if you want to get into it. I'm not going to get into it. It's going to be an unbelievable field of golf there. Hopefully, you can spread some goodwill through golf when you're there.".....»»

Category: sportsSource:  abscbnRelated NewsJan 15th, 2019

Net FDI inflows drop to 15-mth low

Net foreign direct investments (FDI) dropped to their lowest level in 15 months in October, data from the Bangko Sentral ng Pilipinas (BSP) showed on Friday. At $491 million, the…READ The post Net FDI inflows drop to 15-mth low appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsJan 12th, 2019

FDI inflows plunge to 15-month low in October 2018

Foreign direct investment inflows plunged to a 15-month low of $491 million in October last year from $1.9 billion in the same month in 2017 as inflation peaked in the domestic front, while investors remained wary about the trade war between the US and China......»»

Category: financeSource:  philstarRelated NewsJan 12th, 2019

Net FDI inflows drop to 15-month low in Oct

NET foreign direct investments (FDI) dropped to their lowest level in 15 months in October last year, data from the Bangko Sentral ng Pilipinas (BSP) showed. At $491 million, the…READ The post Net FDI inflows drop to 15-month low in Oct appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsJan 11th, 2019

Net FDI inflows drop to 15-month low in Oct

NET foreign direct investments (FDI) dropped to their lowest level in 15 months in October last year, data from the Bangko Sentral ng Pilipinas (BSP) showed. At¬†$491¬†million, the net inflow…READ The post Net FDI inflows drop to 15-month low in Oct appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsJan 11th, 2019

Exports drop, imports slow down in November

By Christine Joyce S. Castaneda Trade activity softened in November as exports declined while imports slowed. Preliminary results from the Philippine Statistics Authority (PSA) showed merchandise exports declining 0.3% to $5.569 billion in November, a reversal from the growth performances of 5.5% in October and 14.2% in November 2017. The November reading snapped five straight […].....»»

Category: newsSource:  bworldonlineRelated NewsJan 10th, 2019

Steelers edge Bengals 16-13 but miss out on AFC North title

By Will Graves, Associated Press PITTSBURGH (AP) — The win they needed but at times didn't act like they particularly wanted finally secured, the Pittsburgh Steelers lingered on the Heinz Field turf after a sluggish 16-13 victory over Cincinnati on Sunday and turned their eyes to the massive videoboard in the south end zone. A season filled with promise six weeks ago before things came undone boiled down to something entirely out of Pittsburgh's control: whether Cleveland could pull off a stunning rally in Baltimore. As a decidedly out-of-place chant of "Let's Go Browns" reverberated and Cleveland marched into Ravens' territory, a third straight AFC North for the Steelers seemed possible. Then Cleveland rookie quarterback Baker Mayfield threw a late pick. The Ravens held on. Optimism evaporated. Replaced by a mix of harsh reality and a hint of wistfulness. The Steelers (9-6-1) firmly believe they would be a tough out in the playoffs. Barring the slim hope of a tie between Indianapolis and Tennessee on Sunday night, Pittsburgh won't get the chance. The team that appeared assured of a fifth consecutive playoff berth following a six-game midseason winning streak instead will miss the postseason for the first time since 2013. "It just sucks," Steelers guard David DeCastro said. "How hard we work, how much effort we put in. To go from 7-2-1 to where we are now is heartbreaking." And avoidable. Yet four losses in five games — all of which the Steelers led at some point in the second half — forced them to enter Week 17 needing to beat the injury ravaged Bengals and a hope surging Cleveland could upset the Ravens on the road. "It's just tough," said Pittsburgh running back James Conner, who ran for 64 yards in his return to the lineup after missing three games with a sprained left ankle. "We're relying on somebody else to advance." The team that stressed it wouldn't spend all afternoon scoreboard watching certainly looked distracted as Cincinnati took a 10-3 halftime lead. Pittsburgh eventually rallied behind quarterback Ben Roethlisberger — who threw for 287 yards and a touchdown despite missing injured star receiver Antonio Brown to finish with a career-best and NFL-high 5,129 yards passing — and new kicker Matt McCrane booted three field goals, the last a 35-yarder with 1:56 to go that put the Steelers ahead to stay. Pittsburgh held on when Cincinnati backup quarterback Jeff Driskel's fourth-down pass intended for Josh Malone fell incomplete with 1:08 to go. Roethlisberger then took a pair of knees to run out the clock, setting the stage for the bizarre sight of the Steelers and thousands of black-and-gold clad fans cheering on the Browns. For a few anxious minutes, the dominoes appeared to be falling into place. When they didn't, Pittsburgh didn't place blame on Cleveland but countless missed opportunities. "It just makes me mad that as a leader of this group, we put ourselves in this situation like this, looking for others to do our job," Steelers defensive end Cam Heyward said. "Cleveland played a heck of a game ... it's frustrating and as a leader of this group it's just unacceptable." Roethlisberger vowed to return for a 16th season. He turns 37 in March and doesn't think Pittsburgh's window is closing as long as the offensive line in front of him remains intact. "I still feel good," he said. "We keep that line together, that'll give us a good fighting chance." MARVIN'S MURKY FUTURE Joe Mixon rushed for 105 yards for the Bengals but Cincinnati (6-10) — which entered Sunday with 18 players on injured reserve, including quarterback Andy Dalton and wide receiver A.J. Green— lost for the seventh time in eight games and head into another offseason unsure about the future of longtime head coach Marvin Lewis. Cincinnati's season turned at home against the Steelers back in October, when the Bengals let Pittsburgh go down the field in the final minute to pull out a 28-21 victory on Antonio Brown's 31-yard catch and run with 10 seconds to play. An avalanche of injuries and losses followed. Lewis headed to the locker room surrounded by cameras, which he found "ridiculous" after his beat-up squad took the Steelers basically to the wire. "I think it's sad (my status) is the only thing they can point to," Lewis said. "This isn't about me. This is about this football team and what they do. To make this about one person. It's not about one person. This is my job. That's it." INJURIES Bengals: WR Cody Core left late in the first quarter with a left elbow injury. Core was hurt while diving for a pass deep down the left sideline. ... LT Cordy Glenn injured his left ankle after getting rolled up on during a scrum following fumble by Driskel in the third quarter. Safety Brandon Wilson left in the second half with a chest injury and tight end Matt Lengel exited with a left knee issue. Steelers: Brown missed his first game of the season while dealing with a knee injury. Pittsburgh also sat starting safety Sean Davis (quadriceps) and inside linebacker Vince Williams (toe). UP NEXT Bengals: Owner Mike Brown will meet with Lewis to decide whether a 17th season is in the offing for the winning coach in franchise history. Steelers: While head coach Mike Tomlin is on firm ground, changes to the coaching staff could be made. Defensive coordinator Keith Butler's unit struggled to create turnovers and the special teams were a mess under coordinator Danny Smith......»»

Category: sportsSource:  abscbnRelated NewsDec 31st, 2018

Jobless rate eased to 5.3% in 2018; underemployment up at 16.4%

The rate of jobless Filipinos in the labor force declined to 5.3 percent in 2018 from 5.7 percent last year even as underemployment inched up, according to the Philippine Statistics Authority (PSA). Citing the preliminary results of its Annual Labor and Employment Estimates for 2018, which were based on the average of the four rounds of the Labor Force Survey (LFS) during the months of January, April, July and October, the PSA said in a report last Friday that the employment rate was estimated to have had improved to 94.7 percent this year from 94.3 percent in 2017. This was equivalent to 41.2 million Filipinos with jobs. Those without jobs, meanwhile, numbered 2.3 million. D...Keep on reading: Jobless rate eased to 5.3% in 2018; underemployment up at 16.4%.....»»

Category: newsSource:  inquirerRelated NewsDec 31st, 2018

Lou s 36 send Clips past Lakers 118-107 in 1st clash of year

By Greg Beacham, Associated Press LOS ANGELES (AP) — Lou Williams scored a season-high 36 points, and the Los Angeles Clippers scored 22 consecutive points during the second half of a 118-107 victory over the depleted Los Angeles Lakers on Friday night (Saturday, PHL time). Danilo Gallinari added 19 points and 10 rebounds for the Clippers, who held the Lakers without a field goal for more than six minutes late in the first meeting of the season between the Staples Center co-tenants and Los Angeles rivals. The Clippers have won 22 of their last 25 meetings with the Lakers, yet still trail the 16-time NBA champions 146-70 in the overall series. Kyle Kuzma scored 24 points and Lonzo Ball had 19 for the Lakers, who played without LeBron James, Rajon Rondo and JaVale McGee. The remaining Lakers lost for the fifth time in seven games, including back-to-back defeats for only the third time since October. James watched from the bench in street clothes after causing a pregame stir on social media when he entered the Lakers' locker room holding a glass of wine. The noted oenophile and four-time NBA MVP is day-to-day with his strained groin, but James isn't expected to miss as much time as Rondo, who is out for at least a month after surgery on his right index finger. Both teams representing this basketball-loving city missed the playoffs last season, but both are off to winning starts this year. The Lakers have been revitalized around James, while the Clippers have formed a surprisingly strong core after shedding longtime mainstays Blake Griffin, DeAndre Jordan and Chris Paul over the previous year. The Clippers turned a seven-point deficit into a 15-point lead early in the fourth quarter of their fourth win in five games. Williams torched his former team yet again, scoring 23 points in the second half. He hit three three-pointers, including a decisive shot with 2:23 to play, and had seven rebounds while making all 11 of his free throws. Josh Hart scored 12 points for the Lakers before getting ejected with 4:41 left after he was infuriated that Tobias Harris wasn't called for pushing off. Lakers coach Luke Walton also got a technical foul in the exchange. One night after losing at Sacramento on a buzzer-beating triple, the Lakers again couldn't win without three veteran regulars. Ball had another fascinating game as the Lakers' starting point guard, juxtaposing his exceptional defense and sublime passing with basic mistakes and an erratic shot. Ingram and Ball both picked up four fouls during the third quarter, but neither team made a big move until the Clippers scored the final nine points of the quarter and continued their one-sided run well into the fourth. TIP-INS Clippers: Williams hit a three-pointer from just past halfcourt at the halftime buzzer. ... They have won four straight "road" games against the Lakers, but lost their last "home" game in the series. Lakers: German rookie Isaac Bonga was recalled to fill a roster spot amid the injury absences. ... The Lakers showed why they're the NBA's worst team at the line by missing more free throws in the first quarter (seven) than the Pistons, Pacers, Bulls, Wizards, Raptors, Magic, Hornets, Nets, Heat, Cavaliers and Pelicans missed in their entire games Friday. ... Michael Beasley is still away from the team after his mother's death. UP NEXT Clippers: Host San Antonio on Saturday (Sunday, PHL time). Lakers: Host Sacramento on Sunday (Monday, PHL time)......»»

Category: sportsSource:  abscbnRelated NewsDec 29th, 2018

Antetokounmpo powers Bucks past Knicks in Christmas debut

By Brian Mahoney, Associated Press NEW YORK (AP) — Giannis Antetokounmpo had 30 points and 14 rebounds in his Christmas debut, and the Milwaukee Bucks celebrated their return to the holiday schedule by beating the New York Knicks 109-95 on Tuesday (Wednesday, PHl time). Brook Lopez scored 20 points for the Bucks, who played on Christmas for the first time since 1977. They were selected for the showcase slate of games largely because of Antetokounmpo but the timing also was perfect to show an emerging team, which improved the NBA’s second-best record to 23-10. Malcolm Brogdon finished with 17 points for the Bucks, who bounced back from a loss to Miami on Saturday (Sunday, PHL time) to win for the fifth time in six games. Rookie Kevin Knox scored 21 points for the Knicks, who have lost six straight Christmas Day games and fell to 22-31 in their NBA-record 53 appearances on the holiday. New York has lost five in a row and 10-of-11 since rallying to stun the Bucks 136-134 in overtime on Dec. 1 (Dec. 2, PHL time) at Madison Square Garden. Antetokounmpo was angry that night with Knicks forward Mario Hezonja, who had dunked over him in the first quarter, then stared and stepped over him. Antetokounmpo felt it was disrespectful, vowing to punch Hezonja in the groin next time. The Greek Freak was perhaps a little too pumped for the rematch, missing a dunk so badly on his first shot that the rebound bounced all the way out to the opposite corner, where Brogdon grabbed it and fired in a three-pointer. But he quickly got untracked, while the Knicks had a hard time getting started in just their third nationally televised game of the season. They started 1-for-8 and fell behind 10-2, though they settled down to lead 24-22 after one quarter. It was only a seven-point game midway through the third quarter when Antetokounmpo began to seize control. His jumper followed by layup pushed the lead into double digits, and his 11 points in the period helped the Bucks open an 84-65 cushion. The Bucks were held to a season-low 87 points Saturday (Sunday, PHl time) in Miami, but the NBA leaders with 116.9 points coming into the game surpassed that early in the fourth quarter against the Knicks. Noah Vonleh had 14 points and 15 rebounds, while Tim Hardaway Jr. had 14 points and 10 boards but shot just 4-for-18 for New York. TIP-INS Bucks: Antetokounmpo was chosen Eastern Conference player of the week on Monday (Tuesday, PHL time), the third time this season he’s won the award. He was also voted the player of the month in the conference for October-November. ... The Bucks are 3-2 on Christmas. Knicks: Rookie G Allonzo Trier had eight points in 18 minutes after missing seven games with a strained left hamstring. ... Hezonja didn’t play. ... The Knicks haven’t won on Christmas since beating Boston in 2011 in what was the NBA season opener following the lockout. ADVANTAGE, BUCKS? Both coaches were asked before the game about the idea that a Christmas Day game favored the visiting team, which could treat it as a regular road game while the hosts were at home, perhaps surrounded by family celebrating the holiday. Milwaukee’s Mike Budenholzer dismissed the notion, saying the Bucks brought plenty of family members and had a big team dinner on Christmas Eve so they could mix basketball and the holiday. And David Fizdale’s thoughts? “Well, I look at this team, Milwaukee’s coming in with an advantage anyway,” he said with a laugh. “They’re a better team than us right now.” UP NEXT The teams complete their season series Thursday night (Friday, PHL time) at Milwaukee......»»

Category: sportsSource:  abscbnRelated NewsDec 26th, 2018

Oct. debt service bill falls 14% on reduced principal payments

THE GOVERNMENT debt service bill declined 14% year-on-year to P29.18 billion in October, the Bureau of the Treasury (BTr) said......»»

Category: newsSource:  bworldonlineRelated NewsDec 25th, 2018

New chapter awaits LeBron-Warriors rivalry

By Shaun Powell, NBA.com Oakland, Calif. — You cannot engage in a meaningful discussion or debate about the greatest player who ever lived without mentioning a team. They are the gate-crashers of this exclusive party and the shot-callers, the wedge that nudges the verdict away from one player and in the direction of another. They are, quite simply, a better sidekick for Michael Jordan than Scottie Pippen ever was. They are the Golden State Warriors, who ruin it for LeBron James. Or at least, so far anyway. If not for the Warriors, talk show hosts and sports bars and folks at the water cooler who discuss these things would be forced to get their neck hairs up over another touchy subject. Anything but the GOAT. That would be settled. Without the Warriors, LeBron would own more than three championships — everyone would most likely agree to that — and less competition from the immortalized player who went 6-0 in the NBA Finals. Even now, here in his first year with a new team, and astonishingly playing at MVP level just a week away from his 34th birthday, LeBron must deal with a persistent problem. For The King, the Warriors are this recurring kryptonite-mare. Christmas Day will provide LeBron and the Lakers their first shot this season at the winners of the last two NBA titles and three of the last four, all done at the expense of James when he carried the Cavaliers. New team brings the same challenge and a clear sense of reality. LeBron knows he’s up against a wall that’s bigger than the one holding up Congress right now. “We can’t measure ourselves against them,” he said, repeating the same thoughts he held on his first day as a Laker, when he said back in October: “We’ve got a long way to go to get to Golden State.” That “long way” might require the Lakers to put someone else in the shotgun seat for the journey, and that mystery player — Anthony Davis? Kawhi Leonard? Kevin Durant? — is at least a year away, if that. The future, both near and far, involves too many issues and complications and factors, and all of those revolve around LeBron’s stare-down with Father Time. A championship with a third team would weigh in LeBron’s favor against Jordan mainly because it would be accomplished in his mid-30s, at a time when the bodies of even great players begin to squeak. Such high-level consistency is juicing LeBron in the GOAT talk; right now he shows no slow-down with the exception of the occasional defense lapse, and is dropping 27.6 points, 8.2 rebounds and 7.2 assists nightly. He’s a considerable factor, for the first time in his career, beyond the 3-point line, and he still attacks the rim with the intensity of annoyed Draymond Green. Understandably, LeBron has lost three times to two other teams before in the championship round, although one comes with a disclaimer. It was to the peak-time Spurs in 2007 when LeBron was the definition of a one-man show. The next loss to the Spurs was somewhat understandable because San Antonio was solid that season against the Heat; the hiccup against Dirk-led Dallas was less forgiving. It is the Warriors who’ve squirted mustard on the legacy, not because LeBron’s teams were better, but because they’ve beaten him three times. That puts LeBron’s Finals record at 5-6, though not totally his fault, but still cannot compete with MJ’s 6-0. There’s the argument that Jordan never won a championship against anyone on the Warriors’ level; although it’s always tricky to compare eras and teams because of different rules (hand-checking, for one) and trends (three-point shooting, for another), LeBron faced Steph Curry and Kevin Durant the last two summers. Jordan had John Stockton-Karl Malone twice, Gary Payton-Shawn Kemp and Charles Barkley-Kevin Johnson once each. For what it’s worth. That’s all in the past, which is beyond LeBron’s control. Now the discussion will be fixated on the next few years and what he can or cannot do to win a sixth title, which may once again be determined by the Warriors to some degree. “He’s still LeBron James,” said Green. “He’ll boost any team he’s on and he’ll make them a contender. It’s a different look for him, more than what he’s used to, because of the makeup of the team, but they have him and so they’ll be a tough test. Any team with LeBron is a tough test for anyone.” LeBron is bringing Kyle Kuzma, Brandon Ingram, Lonzo Ball and also a batch of veterans to the Warriors challenge. It’s a bit daunting, especially since the Lakers have suffered some bad losses lately, to the Wizards, Nets and Grizzlies. Yes, Ingram and Rajon Rondo just returned from injuries. That’s all in the Lakers’ favor. Also consider that the Lakers you see after the All-Star break could be a more accurate version should the young players keep developing and trending up. “We're a team that's trying to get better every week, better every month,” LeBron said. “We want to have championship habits.” But will that make them better than, say, the Oklahoma City Thunder in a playoff series? The Nuggets? Trail Blazers? No one has stepped forth as a solid No. 2 team in the West, assuming the Warriors, despite their record at the moment, remain the clear No. 1. That’s why LeBron’s best chance to repel the Warriors will happen with his next team, not this one. The Warriors haven’t exactly stormed through the season’s first 30 or so games; Curry was hurt, Durant and Green had a spat and even wins against the likes of Dallas, Utah, Sacramento and Orlando were a grind. But for a team like the Warriors, the regular season just gets in the way. Also, at some point they’ll welcome All-Star center DeMarcus Cousins to the mix. Coach Steve Kerr said: “I really like where we are. I don’t think we’ve played great basketball for a while. I think we started out really well, 10-1, and the last five or six weeks we’ve been through an awful lot with injuries and with just trying to find a rhythm, a chemistry and a groove with the new groups that we put on the floor. So to not be there yet, but to still have the record that we do, I think we are in a good position. I think we are going to get a lot better.” It’s a good time to get a first look at the player who only figured them out once in The Finals. "We've seen him a lot over the last four years," Curry said. Another championship for LeBron would match Jordan’s win total and would liven up the debate. Surely the Warriors will factor in one way or another: their demise at some point, or continued choke-hold. Veteran NBA writer Shaun Powell has worked for newspapers and other publications for more than 25 years. You can e-mail him here or follow him on Twitter. The views on this page do not necessarily reflect the views of the NBA, its clubs or Turner Broadcasting. .....»»

Category: sportsSource:  abscbnRelated NewsDec 25th, 2018

National government borrowings decline in October 2018

The national government reported lower borrowings last October as both debt from domestic and external sources declined during the month, the Bureau of the Treasury reported......»»

Category: financeSource:  philstarRelated NewsDec 25th, 2018

Hield scores 28 points to push Kings past Grizzlies 102-99

By MICHAEL WAGAMAN,  Associated Press SACRAMENTO, Calif. (AP) — Buddy Hield made four of his six 3-pointers over the final 8 1/2 minutes to help the Sacramento Kings rally for a 102-99 victory over the Memphis Grizzlies on Friday night (Saturday, PHL time). Hield finished with 28 points. De'Aaron Fox had 14 points, eight assists and made two key free throws down the stretch for Sacramento. The Kings trailed 82-75 with 9 minutes left when Hield started to heat up. He scored 11 consecutive points for Sacramento, including three straight 3s, to cut the gap to 90-86. Marc Gasol made two free throws to give Memphis a 97-93 lead with 2:20 left, but Sacramento responded with nine straight points. Hield sparked the decisive run with a 3-pointer and made two foul shots to make it 102-97 with 3.9 seconds remaining. Bogdan Bogdanovic had 14 points for the Kings, who had dropped three of four. Willie Cauley-Stein added 12 points and 13 rebounds. The end of the game was delayed briefly after Hield was called for goaltending on a Shelvin Mack layup. Officials reviewed the play and put .5 seconds back on the clock, but Gasol had already retreated to the locker room and had to be called back out to finish the game. Mike Conley had 23 points and seven rebounds for Memphis, which has lost five straight and seven of eight. Conley also tied his career high with seven 3-pointers. Garrett Temple scored 17 points against his former team while Gasol and Jaren Jackson had 12 points apiece. Iman Shumpert scored 11 consecutive points in the second quarter to help the Kings trim a 19-point deficit to 53-40 at halftime. Shumpert had missed the previous three games for a variety of reasons, including a right hip contusion. TIP-INS Grizzlies: Memphis made 16 3-pointers, one shy of the franchise record. ... Joakim Noah did not play for a second straight game due to right heel soreness. Kings: The 40 points were Sacramento's season low for a half. ... Nemanja Bjelica picked up a technical foul in the second quarter and a Flagrant 1 foul in the third. ... Marvin Bagley III continues to be sidelined with a left knee bone bruise. The second overall pick has not played since getting hurt early against Golden State on Dec. 14. Bagley is scheduled to be re-evaluated next week. ... Bogdanovic was back in the lineup after sitting out Wednesday with a sore right foot. UP NEXT Grizzlies: Play at the Los Angeles Lakers on Sunday. Kings: Host New Orleans on Sunday. The Pelicans scored 149 points against Sacramento when the teams played in October......»»

Category: sportsSource:  abscbnRelated NewsDec 22nd, 2018

Lillard scores 39, leads Trail Blazers over Clippers 131-127

By Beth Harris, Associated Press LOS ANGELES (AP) — Damian Lillard scored 22 of his 39 points in a dominant third quarter and the Portland Trail Blazers defeated the Los Angeles Clippers 131-127 on Monday night (Tuesday, PHL time). Lillard hit five of his six three-pointers in the third when the Blazers outscored the Clippers 42-28. Portland was 10-of-20 from three-point range in the game. C.J. McCollum added 27 points and Jusuf Nurkic had 20. Tobias Harris matched Lillard with a career-high 39 points and rookie Shai Gilgeous-Alexander added 24 for the Clippers, who have lost four in a row for the first time this season. Los Angeles trailed by 15 in the first quarter but erased the deficit in the second when the Clippers took their first lead, only to fall behind by 15 again in the third. Lillard's fifth triple left the Clippers down 95-80. Portland made seven three's in the period and stretched its lead to 18 points early in the fourth. The Clippers chipped away and got to 125-123 after Harris hit 3-of-4 free throws. McCollum's jumper kept Portland ahead 127-123. Danilo Gallinari, who finished with 22 points, missed a three-pointer, but after a scramble, got the ball back and made the same shot to leave the Clippers trailing 127-126. McCollum got fouled and made both to keep the Trail Blazers ahead by three. The Clippers were forced to foul Lillard, who hit both free throws to seal the win. Gilgeous-Alexander's three-pointer in the final seconds missed. The Trail Blazers set the tone in the opening quarter when they began the game on a 33-18 run while shooting 80 percent from the floor. TIP-INS Trail Blazers: Terry Stotts recorded his 289th victory and is two from tying Rick Adelman for second on the team's all-time coaching wins list. ... The Blazers have won five of their last six against the Clippers. Clippers: Montrezl Harrell committed a flagrant-2 foul in the fourth and was ejected. ... Los Angeles fell to 7-2 against West opponents at home. ... Tyronn Lue, fired as Cavaliers coach in October, was a visitor. He was a Clippers assistant in 2013-14. ... G Lou Williams (sore left hamstring) and F Luc Mbah a Moute (sore left knee) could return within the next week. Williams has missed four straight games, while Mbah a Moute has been out for 26 in a row. UP NEXT Trail Blazers: Host Memphis on Wednesday (Thursday, PHL time). Clippers: Host Dallas on Thursday (Friday, PHL time)......»»

Category: sportsSource:  abscbnRelated NewsDec 18th, 2018

Cleveland Browns beat injury-plagued Broncos 17-16

By Arnie Stapleton, Associated Press DENVER (AP) — Baker Mayfield capitalized on Denver's depleted cornerback corps and dubious coaching decisions in leading the Cleveland Browns past the Broncos 17-16 on Saturday night, keeping alive their slim hopes of ending the NFL's longest playoff drought. Mayfield's 2-yard TD toss to Antonio Calloway with just under 12 minutes left provided the winning margin for the Browns (6-7-1). They snapped an 11-game losing streak to the Broncos (6-8). Improving to 3-28 on the road over the last four seasons, the Browns still have a shot at their first winning season since 2007 and even their first playoff berth since 2002 thanks to their first win over Denver since 1990. "I think the tough environment, winning on the road's the most important thing," Mayfield said. "If we don't take care of business tonight — and obviously we have to move on and take care of business next week — none of that matters. "So, being able to win on the road is something we've got to take pride in, going into somebody else's house, our backs against the wall, it's just us and coming out with a win," Mayfield said. "Find a way to win." Combined with their win at Cincinnati last month, the Browns have multiple road victories for the first time since 2014. Calloway's touchdown made it 17-13 and came with safety Justin Simmons in coverage because the Broncos were down five cornerbacks. The Broncos responded with a 13-play drive that ate up more than seven minutes, but after Phillip Lindsay was stuffed for no gain on third-and-1 from the Cleveland 6, coach Vance Joseph sent in kicker Brandon McManus for a field goal instead of going for it. "I wanted points there," Joseph explained. "We had about 4:35 left. We had one timeout and the 2-minute warning. I trust our defense to get a stop there." It didn't happen, at least not right away. Nick Chubb reeled off a 40-yard run on the first play, and on fourth-and-1 from the Denver 10, Cleveland interim coach Gregg Williams went for it — and Chubb was dropped for a 2-yard loss by Adam Gotsis. The Broncos got the ball back at their 13 with 1:49 remaining and reached the 50-yard line with 52 seconds left. But a spike, two incompletions and a sack by Jabrill Peppers all but ended Denver's playoff hopes. They could officially be eliminated with Sunday's slate of games. The Broncos began the night with cornerbacks Chris Harris Jr. and Isaac Yiadom sidelined and they lost Brendan Langley to a concussion in the first half and newly signed Jamar Taylor to an ejection in the second half on the same play Bradley Roby went out with a laceration in his mouth. Roby later returned. With safety Dymonte Thomas, who had his first career interception in the first half, subbing at cornerback, Von Miller broke Simon Fletcher's franchise record of 103½ sacks, including playoffs. Denver's depleted defense, however, was forced right back out onto the field when Case Keenum's first-down heave was easily picked off by T.J. Carrie at the Broncos 48, after just eight seconds had ticked off the game clock. Six plays later, Mayfield put the Browns ahead for good. The teams were tied at 10 after a mistake-filled first half in which both quarterbacks were thwarted by interceptions in or near the end zone. Keenum, who was implored by his coach during the week to let it rip and quit worrying about being intercepted, was picked off for the first time since October when Peppers came down with his 29-yard floater to Courtland Sutton in the end zone. Mayfield had the Browns in field goal range at the Denver 30 in the final minute before halftime when Thomas recorded his first career interception at the 2 on a throw to Jarvis Landry. INJURIES Langley went out in the first half and Roby in the second. Combined with Taylor's ejection — he was signed after Harris fractured his right fibula two weeks ago — and the Broncos were left scrambling in their secondary. UP NEXT Browns: Host Cincinnati Bengals on Dec. 23. Broncos: Visit Oakland Raiders on Christmas Eve......»»

Category: sportsSource:  abscbnRelated NewsDec 16th, 2018

Mavs extend home streak, end skid vs. Hawks in 114-107 win

By Schuyler Dixon, Associated Press DALLAS (AP) — Harrison Barnes scored 25 points, Luka Doncic added 24 and the Dallas Mavericks extended their home winning streak to 11 games while ending a 10-game skid against Atlanta in a 114-107 victory over the Hawks on Wednesday night (Thursday, PHL time). J.J. Barea had 18 points before leaving with a sprained left ankle as the Mavericks finally beat the Hawks after blowing a 26-point lead in October, when rookie Trae Young had a strong fourth quarter in his home debut to help the Hawks rally to a 111-104 win. Instead of wilting in the fourth quarter, the Mavericks took control with a 7-0 opening run for a 10-point lead and eventually went up by as many as 15 before the Hawks made it closer with an 11-1 run late. It was Dallas' first win over Atlanta since Oct. 30, 2013, and the home winning streak is the longest since a 12-game run in 2007-08. Young had 24 points and 10 assists, but the rematch reiterated the opposite directions both teams are headed after ending the first meeting at 2-2. The Mavericks are 13-9 since then and among the current playoff teams in the rough Western Conference. The Hawks have gone 4-19. Kent Bazemore scored 22 for Atlanta, and John Collins had 20 points and a career-high 17 rebounds. Role players got the fourth moving for Dallas rather than Barnes and the rookie sensation Doncic, who was drafted third overall by Atlanta and traded to Dallas while the Mavericks selected Young fifth for the Hawks. Maxi Kleber opened the fourth with a dunk and scored all seven of his points in the final quarter, and Dorian Finney-Smith's free throw gave Dallas its first 10-point lead. Finney-Smith scored 11. Doncic had 10 rebounds and a team-high six assists, and DeAndre Jordan had 11 points and 11 rebounds. NO DIRK YET Dirk Nowitzki was inactive after being listed as questionable for the first time as the longer-than-expected recovery from left ankle surgery delays him from officially becoming the first NBA player with 21 seasons for one franchise. Coach Rick Carlisle said the designation meant the 40-year-old Nowitzki was getting closer to returning, but didn't want to discuss his status further before the game. TIP-INS Hawks: Vince Carter, Nowitzki's former teammate also in his 21st season, got a nice ovation when he entered the game in the first quarter. The 41-year-old scored his only points on a triple in the first quarter. ... Collins had nine offensive rebounds, most by a Dallas opponent this season. Mavericks: Carlisle was ejected after two quick technicals in the third quarter when he thought Barnes got fouled without a call. Assistant Stephen Silas took over. ... PG Dennis Smith Jr. missed his fourth straight game with a sprained right wrist. ... Doncic was 12-of-15 from the line as Dallas attempted a season-high 43 free throws. UP NEXT Hawks: At Boston on Friday (Saturday, PHL time). Mavericks: At Phoenix on Thursday (Friday, PHL time)......»»

Category: sportsSource:  abscbnRelated NewsDec 13th, 2018