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HK currency defense tops $1.2 billion

THE Hong Kong dollar remains stuck at the weak end of its currency band, even after the monetary authority plowed $1.2 billion into defending the peg. The city’s dollar traded near HK$7.85 per greenback at 12:23 p.m. local time, the level that can spur buying by the de facto central bank. The Hong Kong Monetary […] The post HK currency defense tops $1.2 billion appeared first on BusinessWorld......»»

Category: financeSource: bworldonline bworldonlineApr 16th, 2018

Comm. Silver, NBPA say competitive imbalance not a problem

By Steve Aschburner, NBA.com LAS VEGAS -- First came the backlash. Next, backlash to the backlash. By Tuesday (Wednesday, PHL time), much of the whipsawing over competitive balance -- or more accurately, imbalance -- as an NBA problem rising to the level of crisis had calmed down. Yet powerful voices from the league’s summer nerve center could not dismiss it entirely as an issue meriting closer inspection. “I'm not here to say we have a problem,” NBA commissioner Adam Silver said Tuesday after the Board of Governors meeting. “And I love where the league is right now. [But] I think we can create a better system.” Neither Silver nor Michele Roberts, the executive director of the National Basketball Players Association, sounded an alarm in their separate news conferences about what many see as a widening gap between the league’s haves and have-nots. Roberts, in fact, seemed to feel that all is well and that talent inequality is in the eye of the beholder. “Competitive balance, it almost depends on what your favorite team is,” said Roberts, who was rehired as head of the players union in another four-year contract announced Tuesday (Wednesday, PHL time). “I don’t hear anybody in the Bay Area worrying about competitive balance. I also don’t hear the people in Philadelphia worrying about competitive balance, or Houston. “We’ve got great teams. And it’s never been the case, as far as I’m concerned, where I was not able most of the time to predict what teams were going to be in the Finals.” The topic came up in precisely that context before the Finals last month when Silver was asked about Golden State and Cleveland meeting in the championship series for the fourth consecutive year, a first in any of the major professional sports leagues. It reared its head again this month soon after free agency opened on July 1, with events conspiring to make insiders wonder about a growing disparity among teams. LeBron James’ signing with the Los Angeles Lakers was the biggest move in what appeared to be a continuing shift of strength into the league’s Western Conference. That was followed by the news that DeMarcus Cousins, New Orleans’ All-Star center, had joined the champion Warriors. That signing sparked the initial backlash, a rich-getting-richer cry that pointed not to Cousins’ one-year deal for $5.3 million in 2018-19 salary but the fact that the Warriors will spend in excess of $20 million for it when luxury taxes are counted. Golden State had the NBA’s fattest payroll in 2017-18 of $137.5 million, despite a $99 million salary cap, thanks to various exceptions in the prevailing “soft cap” system. “I don't necessarily think it's per se bad that the Warriors are so dominant,” Silver told reporters, not long after discussing the “competitive landscape” with the owners. “As I've said before, we're not trying to create some sort of forced parity. What we really focus on is parity of opportunity. And a fair point could be made in the tax system, when certain teams are spending significantly more than others, that that's not parity of opportunity.” The counter-backlash came from folks who rushed to the Warriors’ and Cousins’ defense, correctly noting that neither did anything wrong, conducting their business within the rules as specified by the collective bargaining agreement between the owners and the players. That CBA is the object of endless study and imagined revision, with amendments possible if negotiated prior to the end of the current deal after the 2023-24 season. Shooting for a “hard cap” likely would be a tough sell to players accustomed to the freedom of movement they currently enjoy. “It's not necessarily [Roberts’] issue,” Silver said in response to the union director’s characterization. “I think it's on me and our Labor Relations Committee, ultimately, to sit with the players and their committee and convince them that there may be a better way of doing things.” Silver mentioned Charlotte owner and legendary NBA superstar Michael Jordan, chairman of that Labor Relations Committee, as a valuable resource in addressing owners’ and players’ competition concerns. Both sides have valid arguments. Interest in the NBA never has been higher by almost any metric chosen, from selected TV ratings and licensing revenues to the game’s growth globally. Attendance at the MGM Resorts Las Vegas Summer League keeps pushing higher, with fans eager to see top rookies, second-year players and relative free-agent unknowns chasing their pro hoops’ dreams. The valuations of the 30 NBA franchises, of course, all have soared beyond $1 billion, according to Forbes.com, with the Knicks, the Lakers and the Warriors all estimated to be worth more than $3 billion. Longtime NBA observers such as TNT’s David Aldridge wrote a column this week that argued on behalf of dominant teams, anyway, saying that they actually drive rather than depress fan interest. As for any inability to win games or titles, he laid the blame for that on poor franchise management. The Knicks and the Clippers have all sorts of big-market advantages but haven’t won any championships lately (or at all in the Clippers' case). For Roberts, whose players reap 51 percent of NBA basketball-related income that tops $7 billion annually, business is good, period. “I’m excited about this new season,” she said Tuesday (Wednesday, PHL time). “This free agency, there’s been a lot to write about so we’re all, I think, looking forward to what’s going to happen come October. “To the extent that people are predicting the end of the game, I just don’t think so. I would be surprised if Adam called me to say, ‘What the hell are we going to do?’ I think he’s as happy as I am. ... I think we’re in good shape.” Critics note Golden State’s on-court dominance in winning the last two championships. It only took nine NBA Finals games --one over the minimum -- while facing arguably the league’s best player in LeBron James. But those same critics seem to foget that the Warriors were pushed to the full seven games in the conference finals, and actually faced elimination twice before beating the Rockets. “I recognize what Michele's saying,” Silver said. “But at the same time, if you talk to players in the league, and I've talked to plenty of individual players as well, they want to be in the most competitive league possible too.” For every player on the Warriors' roster -- or the Rockets, the Thunder, the Celtics or the Sixers -- there are five or six on teams that realistically have no chance of chasing a ring or the Larry O’Brien Trophy. Cleveland went to four straight Finals thanks to James; no one envisions the Cavaliers getting back any time soon. “Maybe there are some players who think they’re on a second-class team,” said Sacramento wing Garrett Temple, one of the NBPA vice presidents. “But most players I’ve played with or been around, their thought process is, ‘We’re gonna get our team to become one of those first-class teams.’ It’s more of a challenge. More so than, ‘We need them to disband so we can make everybody equal.’ Because we’re competitors.” That really is the crux of the issue. Silver and some franchises want most of the competition to come on the floor, in games, in full view of fans who believe their teams can sufficiently compete. The league’s current title contenders are fine with a system that allows them to compete all the way to the top, with an owner stroking gargantuan checks to crowd out rivals. “Let me make clear that under the current system we want teams to compete like crazy,” Silver said. “So I think the Warriors within the framework of this deal should be doing everything they can to increase their dominance. That's what you want to see in a league. “You want teams to compete in every way they can within the rules.” Silver addressed a variety of topics that were came from the BOG agenda, including: -- Change is coming on multiple fronts, most notably in the league’s age limit. That seems likely to be re-set back to 18 years old from 19, permitting players to enter the league from high school. It’s a move that the NBA should be better equipped to handle with a near 30-for-30 farm-system affiliation with its G League. It also fits with the findings of an NCAA task force that cites dissatisfaction with “one-and-done” college players. Said Silver: “My personal view is that we’re ready to make that change.” -- The start of free agency, annually triggered at midnight ET on July 1 (12:00pm, July 1, PHL time), will be moved to a daytime or prime time opening bell. It’s one of those traditions that no one thought to change, Silver said. -- The league’s investigation into the Dallas Mavericks’ sexual harassment issues should be completed by the end of the month. Steve Aschburner has written about the NBA since 1980. You can e-mail him here, find his archive here and 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 NewsJul 12th, 2018

Eastern Mindanao Commander Benjamin Madrigal tops list for Armed Forces chief — Lorenzana

THE head of the Davao City-based Eastern Mindanao Command (EastMinCom) is in the front line to replace Gen. Carlito Galvez Jr. as military chief of staff, Defense Secretary Delfin Lorenzana…READ The post Eastern Mindanao Commander Benjamin Madrigal tops list for Armed Forces chief — Lorenzana appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsNov 28th, 2018

Infra, capital spending tops target

Higher infrastructure and other capital spending in September allowed the government to top its year-to-date target, a Cabinet official said on Wednesday. Spending totaled P65.2 billion during the month, up…READ The post Infra, capital spending tops target appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsNov 21st, 2018

Japan donates P2.4B worth of spare parts for PAF ‘Hueys’

The defense department has secured a Japanese government grant of P2.4 billion worth of spare parts for the fleet of ageing UH-1H "Huey" combat utility helicopters of the Philippine Air Force (PAF).   The Philippines and Japan exchanged notes on Wednesday at the Department of Foreign Affairs for the turnover by the Japan Ground Self Defence Force of spare parts and maintenance equipment to the PAF.   According to Defense Secretary Delfin Lorenzana, the spare parts, worth 5.3 billion (about P2.4 billion), will make the Air Force's Huey helicopters more mission-ready.   More air assets   The spare parts include airframe structures; dynamic power,...Keep on reading: Japan donates P2.4B worth of spare parts for PAF ‘Hueys’.....»»

Category: newsSource:  inquirerRelated NewsNov 9th, 2018

PH dollar reserves slump to 7-year low

The Philippines' dollar reserves fell to an over seven-year low of $74.77 billion in October after the government settled more foreign exchange obligations, the Bangko Sentral ng Pilipinas (BSP) said Wednesday.   The country's gross international reserves (GIR) declined from $74.94 billion at end-September. The October figure was also the lowest since the $71.88 billion in July 2011.   In a statement, BSP Governor Nestor A. Espenilla Jr. blamed the decline in GIR to outflows from the national government's forex obligations and net foreign currency withdrawals as well as the central banks's forex operations.   Espenilla said, however, the drop in dollar re...Keep on reading: PH dollar reserves slump to 7-year low.....»»

Category: newsSource:  inquirerRelated NewsNov 9th, 2018

Japan allots P22.7 billion for air defense, MRT-3 rehab

The government of Japan has provided P22.7 billion worth of aid to the Philippines to enhance the country’s air defense capabilities and rehabilitate the Metro Rail Transit Line 3 (MRT-3), the Department of Foreign Affairs (DFA) said yesterday......»»

Category: newsSource:  philstarRelated NewsNov 7th, 2018

Japan allots P22.7 billion for air defense, MRT-3 rehab - Philippine Star

Japan allots P22.7 billion for air defense, MRT-3 rehab - Philippine Star.....»»

Category: newsSource:  googlenewsRelated NewsNov 7th, 2018

Russian State Arms Exporter s Order Book Tops $50 bln

TEHRAN (Tasnim) - The order book of Russia's state arms seller Rosoboronexport (part of the state hi-tech corporation Rostec) has exceeded $50 billion, Rostec CEO Sergei Chemezov said on Thursday......»»

Category: newsSource:  philippinetimesRelated NewsNov 2nd, 2018

Russian State Arms Exporter s Order Book Tops $50 bln

TEHRAN (Tasnim) - The order book of Russia's state arms seller Rosoboronexport (part of the state hi-tech corporation Rostec) has exceeded $50 billion, Rostec CEO Sergei Chemezov said on Thursday......»»

Category: newsSource:  manilanewsRelated NewsNov 1st, 2018

Currency deal seen to corner $120 billion investments from China

The Philippines is expected to win a larger share of China’s overseas investments, reaching an estimated $120 billion with the signing of an agreement that would pave the way for the direct conversion of the respective currencies of the two countries under a so-called Philippine Renminbi Trading Community and peso-renminbi spot market, according to Finance Secretary Carlos Dominguez......»»

Category: financeSource:  philstarRelated NewsOct 31st, 2018

News Briefs: Oct. 23, 2018

Customs personnel urged to come to Lapea's defense, Jose Maria Sison, Joma Sison, localized peace talks, NPA, CPP communist rebels, NDFP   Customs Deputy Commissioner Edward James Dy Buco on Monday urged the bureau's personnel to speak out in defense of Commissioner Isidro Lapea amid criticisms of his competence and allegations of his possible involvement in the cover-up of the smuggling of P6.8 billion worth of "shabu" (crystal meth).   "Let us be proud of him. Honestly, in this administration, he is the only hardliner official that implements truly the reforms of the Duterte administration," Buco said during Monday's flag-raising ceremony at the Bureau of Customs....Keep on reading: News Briefs: Oct. 23, 2018.....»»

Category: newsSource:  inquirerRelated NewsOct 22nd, 2018

Patriots, Brady top Chiefs for wild 43-40 win

By The Associated Press FOXBOROUGH, Mass. (AP) — Stephen Gostkowski hit a 28-yard field goal as time expired, and the New England Patriots beat the Kansas City Chiefs 43-40 on Sunday night after blowing a big halftime lead. Tom Brady passed for 340 yards and a touchdown and ran for another score in his 200th victory as a starting quarterback, tops in NFL history. Brady also passed former teammate Adam Vinatieri for most career wins in the regular season and playoffs combined with 227. It was the first loss of the season for the Chiefs (5-1). New England (4-2) led 24-9 at intermission, but Patrick Mahomes directed an impressive rally by Kansas City in the second half. He finished 23 of 36 for 352 yards in his first loss as a starting quarterback, with three of his four TD passes going to Tyreek Hill. Mahomes threw two interceptions in the first half, but was unflappable down the stretch. He found Hill for a 75-yard touchdown pass that tied it with just over three minutes remaining. STEELERS 28, BENGALS 21 CINCINNATI (AP) — James Conner ran for 111 yards and a pair of touchdowns on the eve of Le'Veon Bell's possible return, and Antonio Brown turned a short pass into a 31-yard touchdown with 10 seconds left as Pittsburgh pulled off another improbable comeback in Cincinnati. The Steelers (3-2-1) have won eight in a row against their AFC North rival, three times rallying in the final minute at Paul Brown Stadium to keep it going. After Joe Mixon's 4-yard touchdown run with 1:18 left got the Bengals (4-2) thinking this might finally be the time they end the streak, Ben Roethlisberger and the Steelers stunned them again. Brown caught a short pass and outran the secondary for the winning score, leaving thousands of Steelers fans twirling their towels in the stands. The Steelers are 16-2 at Paul Brown Stadium during Marvin Lewis' 16 seasons as Bengals coach, including a pair of playoff wins. Same outcome as usual. This one ended with a brief scuffle after Andy Dalton's final pass fell incomplete, leaving him 3-12 all-time against Pittsburgh. The Steelers have found their stride behind Conner , who became the featured back when Bell decided to hold out. He has run for more than 100 yards in each of the last two games, and his two 1-yard touchdown runs Sunday put him in the company of a pair of Steelers Hall of Famers. Conner has seven rushing touchdowns in six games, joining Franco Harris (1976) and Jerome Bettis (2004) as the only Steelers with that accomplishment. RAVENS 21, TITANS 0 NASHVILLE, Tenn. (AP) — The Ravens piled up a franchise-record 11 sacks in the rain. Za'Darious Smith had three sacks and Patrick Onwuasor had two for the Ravens (4-2), who had six sacks by halftime. They finished a sack off the NFL record for a game, shared by five teams. Dean Pees and the Titans simply couldn't stop his old team as the Ravens outgained Tennessee 361-106 and punted only once against a defense led by their former defensive coordinator. Pees came out of a short retirement to join first-year head coach Mike Vrabel. Joe Flacco threw for 238 yards and a touchdown for Baltimore. Alex Collins scored on TD runs of 13 and 2 yards. The Titans (3-3) lost their second straight and were shut out at home for the first time since moving into Nissan Stadium in 1999. Tennessee has not scored a touchdown in eight straight quarters. The Ravens couldn't have looked much better handing Tennessee its first shutout since Nov. 28, 2010. Marcus Mariota tried playing both with and without the partial glove covering his ring and pinkie fingers on his throwing hand. It didn't' help as Mariota was sacked the most in his four-year NFL career and most allowed by the Titans since giving up seven in a loss at Houston on Nov. 1, 2015. Coach Ken Whisenhunt was fired two days later. RAMS 23, BRONCOS 20 DENVER (AP) — Todd Gurley rushed for a career-high 208 yards and two touchdowns on 28 carries and the Rams celebrated Wade Phillips' homecoming. The Rams, who had surrendered 31 points in back-to-back games, improved to 6-0 in sending the Broncos (2-4) to their fourth straight loss. The Broncos pulled to 23-20 on Case Keenum's 1-yard dart to Demaryius Thomas with 1:22 remaining, capping a 77-yard drive that included three defensive penalties. Rams receiver Robert Woods, however, knocked Brandon McManus' onside kick out of bounds, and the Rams ran out the clock with Jared Goff (14 of 28 for 201 yards) twice taking a knee. Phillips was the Broncos' beloved bandmaster when they were celebrating their Super Bowl 50 triumph, but his contract wasn't renewed after the 2016 season and he joined Sean McVay in sunny Southern California. After an overnight snowstorm, the game-time temperature of 25 degrees marked the second-coldest in Denver prior to November in franchise history. The cold did nothing to slow down Gurley, who scored his 10th and 11th touchdowns of the season. COWBOYS 40, JAGUARS 7 ARLINGTON, Texas (AP) — Dak Prescott threw two touchdown passes to Cole Beasley to spark the previously punchless Dallas passing game and rushed for a career-high 82 yards. Perhaps pumped up by some pregame mingling with UFC fighter Conor McGregor, the Cowboys rolled to a 24-0 halftime lead. Beasley got his first two touchdowns of the season for the NFL's 30th-ranked passing offense that was facing the league's No. 1 pass defense. Prescott had 151 of his 183 yards passing in the first half because Dallas didn't need to throw while coasting during a second-half blowout that dropped Jacksonville to 3-3. The 2016 NFL Offensive Rookie of the Year had already set his personal best in rushing for a game when he spun out of a sack for the longest run of his career, a 28-yarder. He scored Dallas' first touchdown on a 17-yard run. The Cowboys (3-3) won their first three games of the season at 9-year-old AT&T Stadium for the first time. Most of their offensive struggles have been in the three road losses. Blake Bortles, who established a career high in yards passing in consecutive weeks and had a chance to become the fifth NFL quarterback with three straight games of at least 375 yards, was 15 of 26 for 149 yards with a touchdown and an interception. DOLPHINS 31, BEARS 28, OT MIAMI GARDENS, Fla. (AP) — Jason Sanders kicked a 47-yard field goal on the final play of overtime after Cody Parkey missed a 53-yard try for the Chicago Bears, who blew an 11-point lead in the final 16 minutes of regulation. Miami's Brock Osweiler threw for 380 yards and three touchdowns subbing for Ryan Tannehill, who sat out because of an injured throwing shoulder. Albert Wilson turned two short passes into long touchdowns in the fourth quarter and finished with 155 yards on six receptions. The Dolphins took the kickoff to start overtime, marched 74 yards and were on the verge of victory when Kenyan Drake fumbled just before crossing the goal line. Eddie Goldman recovered for the Bears, who then drove to the Miami 35. But former Dolphin Parkey was wide right on his attempt with 2 minutes left. Miami (4-2) snapped a two-game losing streak and ended a three-game winning streak for Chicago (3-2). The Bears' offense came alive after they trailed 7-0 at halftime. Miami then rallied from a 21-10 deficit in the final 16 minutes of regulation to tie the game twice and force overtime. Mitchell Trubisky threw for 316 yards and three second-half touchdowns, but the Bears were hurt by two turnovers in the red zone. Jordan Howard lost a fumble at the 1, and Trubisky was intercepted in the end zone by T.J. McDonald. FALCONS 34, BUCCANEERS 29 ATLANTA (AP) — Matt Ryan threw for 354 yards and three touchdowns as the Falcons snapped a three-game losing streak, holding off Tampa Bay in Jameis Winston's return as Buccaneers starting quarterback. The Falcons (2-4) scored on their first three possessions and held off a wild comeback by Tampa Bay (2-3), avoiding their first 1-5 start since 2007. Winston and the Bucs almost pulled off a miracle on the final play of the game after driving to the Atlanta 21. With no timeouts, the quarterback took the snap and tried to surprise the Falcons by taking off up the middle of the field. When he was about to be tackled at the 10, he pitched toward receiver Adam Humphries, who couldn't hang on. The ball skipped to Mike Evans, who blindly flung it in the direction of DeSean Jackson at the 5. Jackson might've had a chance to dive for the end zone, but he couldn't come up with another bouncing ball. It hopped out of bounds to end the game. Jackson ripped off his helmet, kicked the pylon in disgust and headed straight for the locker room. Winston threw for 395 yards and four TDs but also had a pair of interceptions. Ryan's three TD passes gave him 274 in his career, passing Joe Montana for 16th on the career list. JETS 42, COLTS 34 EAST RUTHERFORD, N.J. (AP) — Jason Myers kicked a franchise-record seven field goals, Sam Darnold threw two touchdown passes, and the Jets held on to win consecutive games for the first time in more than a year. Morris Claiborne returned the first of three interceptions thrown by Andrew Luck for a touchdown as the Jets (3-3) moved to .500 by taking advantage of mistakes by the short-handed Colts (1-5), who lost their fourth straight. With Joe Namath and the 1968 Super Bowl-winning team celebrating its 50th anniversary, Darnold was 24 of 30 for 280 yards, with TD throws to Terrelle Pryor and Chris Herndon and an interception to give New York its first back-to-back victories since taking three in a row in Weeks 3-5 last season. Myers hit field goals from 30, 48, 32, 37, 45, 37 and 45 yards to break the Jets record previously held by Jim Turner (1968) — the kicker for the Super Bowl champions — and Bobby Howfield (1972). Luck was 23 of 43 for 301 yards with touchdowns to Marcus Johnson, Eric Ebron, Erik Swoope and Chester Rogers, the last coming with 1:51 left to make the score close. Neal Sterling recovered the Colts' onside kick to seal the win for the Jets. TEXANS 19, BILLS 14 HOUSTON (AP) — Johnathan Joseph's 28-yard interception return for a touchdown with 1:23 remaining lifted the Texans. Houston trailed by three when Phillip Gaines was called pass interference on Will Fuller in the end zone with 2 minutes remaining, moving the Texans 41 yards to the 1-yard line. But the Texans (3-3) lost 7 yards on three plays, capped by an incomplete pass intended for Ryan Griffin that Matt Milano knocked down to force Houston to kick. A 27-yard field goal by Ka'imi Fairbairn tied it with 1:34 remaining. Two plays later, Joseph stepped in front of a pass from backup Nathan Peterman intended for Kelvin Benjamin and dashed untouched into the end zone to put the Texans on top and help them avoid their third straight overtime game. Kareem Jackson intercepted Peterman with 35 seconds left to secure the victory, dropping Buffalo to 2-4. Joseph's late-game heroics helped Houston to its third straight win on a day that quarterback Deshaun Watson committed three turnovers. VIKINGS 27, CARDINALS 17 MINNEAPOLIS (AP) — Latavius Murray helped the Minnesota Vikings revive their running attack with 155 yards and a touchdown on 24 carries, wearing down the Cardinals. Even Kirk Cousins joined the fun for the Vikings (3-2-1) with an option-style run across the goal line in the third quarter, before throwing to Adam Thielen for a score on the following possession. Thielen had 11 receptions for 123 yards, his sixth straight 100-yard game to become the first player in the NFL since 1961 to start a season with a streak that long. Thielen's 58 catches are the most in league history through six games. Budda Baker returned a fumble off a sack by Chandler Jones for a 36-yard touchdown and Tre Boston had a diving interception later in the second quarter, and the Cardinals (1-5) constantly pressured Cousins with four sacks, seven hits and seven deflected passes. Cousins managed to complete 24 of 34 attempts for 233 yards, thanks mostly to Thielen and his exceptional ability to get open anywhere on the field and turn off-target throws into clutch catches. SEAHAWKS 27, RAIDERS 3 LONDON (AP) — Russell Wilson threw for three touchdowns, including one off a botched snap in the second quarter. Chris Carson rushed for 59 yards and rookie Rashaad Penny gained an additional 43 for the Seahawks (3-3), who played to a vociferously supportive crowd — a London-record 84,922 were in attendance — despite the Raiders (1-5) being the designated home team. Oakland quarterback Derek Carr left with an apparent left arm injury with 8:52 remaining in the fourth quarter after the last of his six sacks and did not have the chance to return before the Seahawks ran out the clock. Carr went 23 for 31 for 142 yards. He was hit by Jarran Reed on third down and immediately grabbed his upper left arm as he sat up before being helped to the sideline for evaluation. Wilson, who completed 17 of 23 attempts for 222 yards with an interception, connected with Jaron Brown for a 5-yard touchdown pass in the first quarter; a 19-yard touchdown pass to David Moore in the second; and a 10-yard touchdown pass to Tyler Lockett in the fourth. After picking up a low snap, Wilson faked a throw and stepped forward, then made a throw to Moore over Daryl Worley. Moore punctuated his touchdown, his third in the Seahawks' past two games, by accidentally crashing into and tumbling over the temporary video advertising boards set up around the field. Sebastian Janikowski, who joined the Seahawks in the offseason after 17 seasons with the Raiders, made two field goals. REDSKINS 23, PANTHERS 17 LANDOVER, Md. (AP) — Josh Norman bounced back from his prime-time benching by intercepting former teammate Cam Newton and forcing a fumble. Norman ended his 19-game interception drought by catching a jump ball thrown by Newton on a third-and-long play early in the second quarter, his first pick since Dec. 24, 2016. Norman also popped the ball out of Panthers rookie receiver D.J. Moore's hands in a showcase performance against the team that abruptly cut ties with him after his All-Pro 2015 season. Newton threw for 275 yards and two touchdowns on 27 of 40 passing and rushed for 43 yards in a turnover-marred loss. He engineered a late drive that got the Panthers to the Washington 16-yard line, but threw incomplete on second, third and fourth downs to seal the loss. Carolina (3-2) was long before that doomed by turnovers, including Moore's on a punt return that set up Smith's 22-yard TD pass to Davis. In his second game with the Panthers, safety Eric Reid continued his tradition of kneeling during the national anthem. Reid took a knee just at the corner of the American flag on the field by the Carolina sideline, the only Panthers player to do so. Reid last week became the first Carolina player to kneel during "The Star-Spangled Banner." CHARGERS 38, BROWNS 14 CLEVELAND (AP) — Philip Rivers threw two touchdown passes to Tyrell Williams — the veteran quarterback threw a block — and Melvin Gordon had three TD runs as the Chargers banged around rookie Baker Mayfield and the Browns. The 36-year-old Rivers continued one of the best starts of his 15-year career, leading the Chargers (4-2) to their third straight win. Rivers finished 11 of 20 for 207 yards and had only one mistake, an interception midway through the fourth quarter. San Diego did most of its damage on the ground, with Gordon running for 132 yards and scoring on runs of 4, 10 and 11 yards. Rivers and Williams connected on scoring plays of 45 and 29 yards in the first half, and Gordon's 11-yard run put the Chargers up 35-6. Mayfield's third start as a pro was a rough one. The No. 1 overall pick was sacked five times, tweaked his ankle when he slid on a sideline marker and threw two interceptions. The Browns (2-3-1) were blown out after playing five tight games — three going to overtime — and showed there's still a long road ahead......»»

Category: sportsSource:  abscbnRelated NewsOct 15th, 2018

Dutch humiliate Germany in Nations League, Gibraltar wins

By The Associated Press Germany's UEFA Nations League campaign took a humiliating blow after a 3-0 loss at old rival Netherlands on Saturday. Germany remains without a win in the top-tier League A and has yet to score a goal. In the second-tier League B, the Czech Republic got its first win in the new competition — beating host Slovakia 2-1 — and Ireland and Denmark drew 0-0. In League D, Gibraltar won its first competitive game on a memorable night for the tiny territory. Here's a look at Saturday's games. NO GOALS FOR GERMANY Following its disastrous World Cup defense in Russia, Germany has been under pressure to show some progress but it didn't come at the Johan Cruyff Arena on Saturday night. The Germans failed to score for the third straight competitive game, including a humiliating 2-0 loss to South Korea in Russia and a 0-0 draw with France at home in the Nations League. Captain Virgil van Dijk scored only his second international goal before Memphis Depay and Georginio Wijnaldum added two more as the Dutch ran riot late in the game. The comprehensive defeat left Germany at the bottom of Group 1 with a single point, days before it heads to Paris to take on group leader and World Cup champion France. France leads the Dutch by a point at the top of the standings. The result also heaped more pressure on Germany coach Joachim Loew, who opted to stay in the job after the 2014 world champion crashed out of the summer's World Cup in Russia at the group stage. "Why are we not scoring? That's difficult to answer, we have clear chances," Loew said. "Had we lost 1-0, it would have been acceptable but breaking apart like this in the last 10 minutes is not good." Germany's scoring woes were personified by Loew's decision to play Mark Uth as a lone striker despite the 27-year-old Schalke player failing to score a goal this season. Uth didn't impress and was substituted in the second half. A corner from the right by Depay exposed German defensive frailties in the 30th. Ryan Babel rose between Jonas Hector and Mats Hummels to head against the underside of the bar and the ball bounced up invitingly for the unmarked Van Dijk to head in. Depay doubled the lead in the 87th, calmly finishing after a quick break down the right by substitute Quincy Promes. The Olympique Lyon striker then hit the crossbar in extra time before Liverpool midfielder Georginio Wijnaldum made it 3-0 with virtually the last kick of the match as Germany crumbled. CZECHS WIN Substitute striker Patrik Schick scored the winning goal for the visiting Czech Republic to beat Slovakia 2-1 in Trnava. All the goals were in the second half. Three minutes after coming off the bench, Schick rose in the area in the 76th minute to head in a cross from captain Borek Dockal for his second goal in two matches. It was the first win for the Czechs in the competition after losing to Ukraine. Ukraine leads Group 1 in second-tier League B, with three more points than the Czechs. Slovakia remains pointless. Playmaker Marek Hamsik marked his record 108th appearance for Slovakia with his 22nd goal, a rebound after a corner, after Czech striker Michael Krmencik scored the opener following a through ball from Dockal. Ireland drew with Denmark in Group 4 in the only other game in League B later Saturday. Denmark tops the group with four points, one more than Wales in second. Ireland has one point. BULGARIA LEADS Ole Selnaes scored the only goal for Norway to beat Slovenia 1-0 in Group 3 of League C for its second win and trail leader Bulgaria by three points. Bulgaria rallied from a goal down to beat Cyprus 2-1. Cyprus has three points while Slovenia is on zero. GIBRALTAR ENDS LOSING STREAK Gibraltar's national team has recorded its first victory in a competitive match, a 1-0 win at Armenia, after losing its previous 22 competitive games. Joseph Chipolina got the historic winner from the penalty spot in the Group 4 game in League D. Gibraltar players had to listen to the national anthem of Liechtenstein before the match, a mistake for which Armenia FA apologized. Gibraltar hosts Liechtenstein on Tuesday. Macedonia kept a perfect record in the same group with a 4-1 victory over Lichtenstein to lead with nine points. The other three teams are tied on three points. In Group 1 of League D, Georgia made it three wins in three by beating Andorra 3-0 to dominate the standings with nine points. Andorra, Latvia and Kazakhstan all have two points after Latvia and Kazakhstan drew 1-1......»»

Category: sportsSource:  abscbnRelated NewsOct 14th, 2018

$60M in virtual currency hacked in Japan

TOKYO: Bitcoin and other digital currency worth around 6.7 billion yen ($60 million) has been stolen in Japan following a hacking attack, a virtual exchange operator said on Thursday. Osaka-based Tech Bureau, which operates virtual currency exchange Zaif, said its server had been illegally accessed and money transfered. “We decline to comment on the details [...] The post $60M in virtual currency hacked in Japan appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsSep 20th, 2018

$60 million in virtual currency hacked in Japan

TOKYO, Japan – Bitcoin and other digital currency worth around 6.7 billion yen ($60 million) has been stolen in Japan following a hacking attack, a virtual exchange operator said on Thursday, September 20. Osaka-based Tech Bureau, which operates virtual currency exchange Zaif, said its server had been illegally ........»»

Category: newsSource:  rapplerRelated NewsSep 20th, 2018

Typhoon Ompong leaves at least P2.8 billion in agricultural damage

MANILA, Philippines – Office of Civil Defense Spokesperson Edgar Posadas said the damage to agriculture from Typhoon Ompong (Mangkhut) has reached an estimated P2.8 billion in the Cordillera Administrative Region (CAR) as of Monday, September 17. But the cost is likely to increase, he said, as the National Disaster Risk ........»»

Category: newsSource:  rapplerRelated NewsSep 17th, 2018

Current account gap hits $3.1B

The Philippine economy spent substantially more than what it earned through foreign trade in the first half of 2018, with the resulting currency outflows further depressing the value of the peso against the US dollar. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the country's current account posted a deficit of $3.1 billion in the first six months of the year. This was markedly higher than the $133-million deficit recorded in the same period in 2017. At this level, the current account---which tallies the country's trade surplus of gap with the rest of the world---already hit the $3.1-billion full year target of the central bank only halfway into 2018. "This outcome...Keep on reading: Current account gap hits $3.1B.....»»

Category: newsSource:  inquirerRelated NewsSep 15th, 2018

Washington OKs $2.6-B arms sales to Seoul

WASHINGTON, D.C.: The United States on Thursday (Friday in Manila) approved a new arms sale to South Korea worth $2.6 billion, with denuclearization talks stalled between Washington and the North. Six Poseidon maritime patrol aircraft worth $2.1 billion form the bulk of the sale, the Defense Security Cooperation Agency (DSCA) said in a statement. A… link: Washington OKs $2.6-B arms sales to Seoul.....»»

Category: newsSource:  manilainformerRelated NewsSep 15th, 2018

Washington OKs $2.6-B arms sales to Seoul

WASHINGTON, D.C.: The United States on Thursday (Friday in Manila) approved a new arms sale to South Korea worth $2.6 billion, with denuclearization talks stalled between Washington and the North. Six Poseidon maritime patrol aircraft worth $2.1 billion form the bulk of the sale, the Defense Security Cooperation Agency (DSCA) said in a statement. A [...] The post Washington OKs $2.6-B arms sales to Seoul appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsSep 14th, 2018

PHL foreign debt down 1.4% at $72.2B as of end-June 2018 —BSP

OUTSTANDING foreign debt of the Philippines declined in the first six months of the year as a stronger dollar revalued the cost of third currency liabilities in favor of the country, the Bangko Sentral ng Pilipinas (BSP) said Friday. Central bank data showed that outstanding external debt stood at $72.2 billion as of end-June, down […] The post PHL foreign debt down 1.4% at $72.2B as of end-June 2018 —BSP appeared first on The Daily Guardian......»»

Category: newsSource:  thedailyguardianRelated NewsSep 14th, 2018