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Palace on wait-and-see mode on Tillerson remark

MANILA, Philippines - The Palace is taking a wait-and-see attitude on pronouncements from US secretary of state-designate Rex Tillerson that China should be.....»»

Category: newsSource:  philstarRelated NewsJan 12th, 2017

Economy: Exporters see China taking up slack from TPP

THE uncertainty presented by a Trump presidency may require a shift by the Philippines if it intends to grow its foreign trade, siding China because the Trans-Pacific Partnership (TPP) could be dead in the water, the head of the exporters' association sai.....»»

Category: financeSource:  bworldonlineRelated NewsNov 13th, 2016

Economy: FDI due for post-election rebound amid China shift

FOREIGN direct investment (FDI) to the Philippines is expected to keep growing despite unsettling rhetoric from President Rodrigo R. Duterte, but will likely see a shift in the sources of capital to reflect the trade pivot to Asian economies, a public fin.....»»

Category: financeSource:  bworldonlineRelated NewsNov 1st, 2016

PH to China: let’s level up trade and investments

BEIJING—The Philippines, through Department of Trade and Industry (DTI) Secretary Ramon Lopez, recently (20 October) encouraged China to level up trade and investments for both sides, during the Philippines-China Trade and Investment Forum at the G.....»»

Category: newsSource:  boholnewsdailyRelated NewsOct 28th, 2016

PH, Indonesia boost maritime partnership

The Philippines and Indonesia have agreed to enhance maritime cooperation amid a territorial dispute with China in the West Philippine Sea (South China Sea). On Friday, President Rodrigo Duterte met with Indonesia President Joko Widodo at Merdeka Palace i.....»»

Category: newsSource:  manilatimes_netRelated NewsSep 9th, 2016

Envoy: Economics, trade will be key driver of Philippines-China ties

MANILA, Philippines — President Rodrigo Duterte's new approach in its foreign policy mean that economics and trade would be the key driver of its relations w.....»»

Category: financeSource:  philstarRelated NewsJan 20th, 2017

DUTERTE TRANSCRIPTS: PNP Oath-taking. 19 Jan 2017

(Note from MindaNews: This is the official transcript of President Rodrigo Duterte's speech, released by the Presidential News Desk of the Presidential Communications Office) Presidential Communications Office Presidential News Desk SPEECH OF PRESIDENT RODRIGO ROA DUTERTE DURING THE PHILIPPINE NATIONAL POLICE (PNP) OATH-TAKING [Delivered at Rizal Hall, Malacañan Palace &'124; 19 January 2017] Secretary Emmanuel [&'].....»»

Category: newsSource:  mindanewsRelated NewsJan 20th, 2017

President wants to visit China again

President Duterte will visit China in May to attend a multilateral summit, China’s foreign ministry said yesterday, his second visit to China since taking office as he seeks to further distance himself from Washington......»»

Category: newsSource:  tempoRelated NewsJan 19th, 2017

FA Cup: Allardyce's Palace wins; 2 non-league teams through

LONDON (AP) — Sam Allardyce secured his first victory as Crystal Palace manager by reaching the fourth round of the FA Cup on Tuesday when two non-league teams also advanced. Palace fell behind to third-tier side Bolton but two goals from substitute Christian Benteke clinched a 2-1 victory for Allardyce against the team he managed between 1999 and 2007. It ended Allardyce's five-match winless streak with Palace in all competitions. Palace will next host Manchester City in the FA Cup, but more important for Allardyce is producing a win in the league. Palace is only out of the Premier League relegation zone due to its superior goal difference. ___ BURNLEY 2, SUNDERLAND 0 Sunderland, which is next from last in the Premier League, found no respite in the cup in this all top-flight meeting. A header from Sam Vokes before halftime was followed late in the game at Turf Moor by substitute Andre Gray's strike. ___ NON-LEAGUE GLORY Lincoln and Sutton, who play in the fifth tier, will both face second-tier League Championship sides in the fourth round later this month. Lincoln stunned Championship side Ipswich with a stoppage-time goal from Nathan Arnold securing a 1-0 win to set up a meeting with Brighton. Sutton knocked out 10-man AFC Wimbledon with a 3-1 victory to secure a match against Leeds. .....»»

Category: sportsSource:  abscbnRelated NewsJan 17th, 2017

PH to assert sovereignty

The government is determined to assert the country’s sovereignty over the West Philippine Sea but is not keen on taking the “aggressive and provocative” strategy to settle the conflict with China......»»

Category: newsSource:  tempoRelated NewsJan 17th, 2017

DTI scored for conflicting findings on steel bar imports

MANILA, Philippines - The Department of Trade and Industry (DTI) has conflicting findings regarding some 20,000 metric tons of imported steel from China......»»

Category: financeSource:  philstarRelated NewsJan 17th, 2017

Ex-Man United manager Van Gaal says he may not coach again

THE HAGUE, Netherlands (AP) — Former Manchester United, Barcelona and Netherlands coach Louis van Gaal may never return to coaching. The 65-year-old Dutchman has not led a team since being fired by Manchester United in May. That disappointing two-year tenure followed one of his greatest triumphs, leading the Netherlands to the semifinals of the 2014 World Cup in Brazil. Van Gaal, coaching for more than 30 years, was taking a break after being axed by Manchester 'but now I don't believe I will return to the coaching profession,' he told Dutch daily De Telegraaf in a story published on Tuesday. Van Gaal led Ajax to the Champions League title in 1995 and led Barcelona, Bayern Munich, and AZ Alkmaar to domestic league titles. He says he has nothing left to prove. 'I actually wanted to stop after the (2014) World Cup,' he said, 'But then suddenly an offer came from England and that was an amazing country that was missing from my CV.' Van Gaal said that since his departure from Manchester United he could have gone to coach in China, but decided to stay in the Netherlands for family reasons. The outspoken coach also criticized the recent decision by FIFA to expand the World Cup to 48 teams, saying the new format 'will be terrible for the best teams and the worst teams that have to play each other.' .....»»

Category: sportsSource:  abscbnRelated NewsJan 17th, 2017

Chinese football: action planned on 'irrational' salaries

BEIJING (AP) — China's football association said Monday it plans a series of measures in response to 'irrational' spending by clubs on transfer fees and player salaries, amid concerns that foreign stars are crowding out local talent and harming the country's goal of becoming a global force in world football. The Chinese Football Association said in a statement Monday that the unidentified steps would target the 'operations and management' of teams in the top-tier China Super League and the China Premier League one step below it. The new measures will address 'recent irrational investments by clubs, high-figure transfer fees and salaries paid to domestic and international athletes and other issues,' the CFA said in a news release. Gaudy spending by Chinese clubs on players such as Argentina's Carlos Tevez has drawn global attention, raising fears among some that foreign stars are depriving local players of opportunities to grow. That could stifle the government's attempts to produce talent capable of achieving its stated goal of winning the World Cup by 2050, part of Chinese President Xi Jinping's push to make football success a national priority. Even in that endeavor, China is relying heavily on foreign talent, having hired veteran Italian coach Marcello Lippi to helm the men's national team. Other rules announced by the CFA appeared firmly aimed at addressing the lack of opportunities for Chinese players. They reduce the number of foreign club players who can appear at any given time from four to three and state that each team's starting list must include at least two Chinese players under age 23. Despite misgivings, Chinese clubs have continued to spend heavily over the past year to attract mainly South American stars. Apart from Tevez, whom Shanghai Shenhua said it paid an $11 million transfer fee to Argentine club Boca Juniors to acquire, they include Oscar, purchased from Chelsea, Brazilians Hulk, Ramires, Alex Teixeira and Paulinho, Colombian striker Jackson Martinez and Argentine forward Ezequiel Lavezzi. Altogether, Chinese Super League clubs splashed out close to $300 million in the winter transfer window on big names. .....»»

Category: sportsSource:  abscbnRelated NewsJan 16th, 2017

DUTERTE TRANSCRIPTS: Mass oath-taking of newly-appointed officials. 09 Jan 2017

(Note from MindaNews: This is the official transcript of President Rodrigo Duterte's speech, released by the Presidential News Desk of the Presidential Communications Office) Presidential Communications Office Presidential News Desk SPEECH OF PRESIDENT RODRIGO ROA DUTERTE DURING THE MASS OATH-TAKING OF THE NEWLY-APPOINTED OFFICIALS [Rizal Hall, Malacañan Palace &'124; 9 January 2017] Congratulations ladies and [&'].....»»

Category: newsSource:  mindanewsRelated NewsJan 14th, 2017

Icardi scores to help Inter fight back to beat Chievo 3-1

DANIELLA MATAR, Associated Press br /> MILAN (AP) — Serie A's top goalscorer will not be moving to the Chinese Super League anytime soon. Mauro Icardi scored again to help Inter Milan come from behind to beat Chievo Verona 3-1 on Saturday, and his goalscoring rate is sure to be garnering attention among the new pacesetters in the global transfer market. However, Icardi, who turns 24 on Thursday, insists he is not about to follow the likes of Carlos Tevez, Axel Witsel, Oscar, and John Obi Mikel to China. 'I renewed my contract at the beginning of the year and I'm happy to stay with this shirt,' Icardi said. 'There's always time to go to China at the end of my career.' Icardi scored the equalizer in the 69th minute, volleying in Antonio Candreva's stunning cross from the right. Icardi's 15th goal in 20 league matches moved him two clear of Roma forward Edin Dzeko and Torino's Andrea Belotti in the goalscoring charts. Icardi also had a hand in the winner, four minutes from time. He won the ball back in midfield and set up Ivan Perisic, who raced towards goal before firing past Stefano Sorrentino after the Chievo defenders backed away from him. Eder topped the scoring in stoppage time. Inter extended its winning run in the league to five matches and moved up to fifth, level on points with AC Milan, which has played two matches less than Stefano Pioli's side and visits Torino on Monday. Chievo remained 11th. 'We had a great game,' Icardi said. 'We've shown we have character for several games now.' Inter dominated the match and only Sorrentino's heroics in goal prevented it from taking the lead. The 37-year-old goalkeeper made some fine stops, including twice preventing new signing Roberto Gagliardini from scoring on his debut. At the other end, a fellow veteran gave Chievo a surprise lead, completely against the run of play, with the 37-year-old Sergio Pellissier volleying in a corner. Pellissier almost doubled his tally in the opening minute of the second half but Inter goalkeeper Samir Handanovic got down smartly to beat away his effort. Sorrentino made another fantastic stop to keep out Perisic's header from point-blank range, and he also twice denied Eder before he was finally beaten. Overall, Inter had 31 attempts on goal, 14 of which were on target. Inter is nine points behind league leader Juventus, which visits Fiorentina on Sunday. ___ CROTONE 0 BOLOGNA 1 Crotone looks ever more likely to go straight back down to Serie B after a 14th defeat of the season left it bottom, eight points from safety. Bologna moved up to 14th, 13 points off the relegation zone after Blerim Dzemaili's 51st-minute strike. .....»»

Category: sportsSource:  abscbnRelated NewsJan 14th, 2017

Chelsea drops Diego Costa amid rift, unsettling Chinese link

div>ROB HARRIS, AP Global Soccer Writer /div> div>  /div> div>LONDON (AP) — Diego Costa's Chelsea career could be coming to a fiery abrupt end, in a setback to the English Premier League leaders' pursuit of the title. /div> div>  /div> div>The league top-scorer has not traveled with Chelsea to Leicester following a dispute with the coaching staff, and won't be playing against the champions on Saturday, a person familiar with the situation told The Association Press. The person spoke on condition of anonymity on Friday because they were not authorized to discuss Costa being dropped from the team. /div> div>  /div> div>The discord between Antonio Conte's side and Costa follows the striker becoming aware of interest from China, the person said, referencing the country's wealthy and ambitious Super League. /div> div>  /div> div>Costa's only response on Friday was an Instagram post which featured the message 'Come on Chelsea!!!' followed by a heart symbol. /div> div>  /div> div>The Daily Mail newspaper's website first reported on Friday that the dispute was over whether Costa was injured. /div> div>  /div> div>The Daily Telegraph newspaper reported online that Costa is aware of a Chinese club willing to pay him more than $30 million a year, but Chelsea is determined to hold onto its most influential player. The Spain international, who joined Chelsea from Atletico Madrid in 2014, has 14 goals in the league this season and is under contract until 2019. /div> div>  /div> div>Costa has been a vital component in Chelsea's revival after the team went from champions to an 11th-place finish last season. /div> div>  /div> div>Chelsea has a five-point lead over Liverpool after its 13-match winning streak was ended by Tottenham in the team's last league game. /div> div>  /div> div>Chelsea has already sold two players — John Obi Mikel and Oscar — to Chinese Super League clubs in the last month. Chelsea made 60 million pounds ($73 million) just from Shanghai SIPG for Oscar. Despite the windfall, Conte said he hoped the club would not lose any more players to Chinese clubs, which spent more than $600 million on foreign players in 2016. /div> div>  /div> div>'The Chinese market is a danger for all,' Conte said last month, 'not only for Chelsea, but all the teams in the world.' /div>.....»»

Category: sportsSource:  abscbnRelated NewsJan 13th, 2017

Dollar struggles in Asia as China faces trade uncertainty

Dollar struggles in Asia as China faces trade uncertainty.....»»

Category: newsSource:  manilatimes_netRelated NewsJan 13th, 2017

‘I think it was Russia’ – CNN News

President-elect Donald Trump said for the first time Wednesday he believes Russia was responsible for hacking ahead of the election but contemptuously rejected allegations that Moscow mounted a campaign to compromise him. In his first news conference since winning the election, a combative Trump made clear he will not mute his style when he is inaugurated in nine days. He lashed out at media and political foes alike in a bravura performance. The Trump Tower press conference confirmed the President-elect's deep desire to quickly assert power once he's sworn in. He insisted on moving speedily &'8212; too speedily for some Republicans in Congress &'8212; to replace Obamacare. He also pledged swift action on building a wall along the border with Mexico and nominating a new Supreme Court justice. But it's also clear Trump will take office amid persistent questions about his relationship with Russia. While Trump was at the podium, his nominee to become secretary of state, Rex Tillerson, faced tough questions on Capitol Hill about whether the incoming administration will view Russia with sufficient skepticism. At the news conference, Trump finally conceded he believes Russian President Vladimir Putin's intelligence agencies were behind hacks on Democratic computers ahead of the election but argued that wouldn't happen again. &'8220;I think it was Russia,&'8221; Trump said. Putin &'8220;should not be doing it. He won't be doing it. Russia will have much greater respect for our country when I am leading it than when other people have led it.&'8221; Trump, who has vowed to improve relations with Russia despite some Republican opposition, said he did not know if he would get along with Putin and noted it's possible he won't. But he could not resist a swipe at his defeated Democratic election rival, Hillary Clinton. &'8220;Do you honestly believe Hillary would be tougher on Putin than me?&'8221; he asked. He added that Russia is not the only nation that hacks US targets and accused Democrats of not having sufficient cybersecurity programs. The news conference opened with the incoming White House press secretary, Sean Spicer, slamming a &'8220;political witch hunt&'8221; following reports that Russian operatives claim to have compromising personal and financial information about Trump. Vice President-elect Mike Pence also criticized the media before introducing Trump, who kept up his criticism of US intelligence. &'8220;I must say that I want to thank a lot of the news organizations here today because they looked at that nonsense that was released by maybe the intelligence agencies,&'8221; Trump said. He said any such move by the agencies would be a &'8220;tremendous blot on their record.&'8221; &'8220;A thing like that should never have been written, it should never have been had and it certainly should have never been released,&'8221; Trump said. The news conference follows exclusive reporting by CNN on Tuesday that classified documents presented last week to President Barack Obama and Trump included the allegations about Russia. The allegations were presented in a two-page synopsis that was appended to a report on Russian interference in the 2016 election and drew in part from memos compiled by a former British intelligence operative, whose past work US intelligence officials consider credible. Intel chiefs presented Trump with claims of Russian efforts to compromise him 01:38 The FBI is investigating the credibility and accuracy of these allegations, which are based primarily on information from Russian sources, but has not confirmed many essential details in the memos about Trump. The news conference, delayed from December, was scheduled for Trump to outline how he will address questions about possible conflicts-of-interest related to his vast business empire. Trump appeared beside a large pile of files he claimed were pertinent to the companies that are going to be placed in a trust to be run by his sons. He reiterated that he doesn't plan to release his tax returns, saying they are under audit and don't include relevant information After taking a handful of questions, Trump turned the event over to Sheri Dillon, an attorney who was on hand to discuss Trump's business interests. She said Trump planned to put in place a structure that will &'8220;completely isolate him from the management of the company.&'8221; &'8220;He further instructed that we build in protections that will assure the American people that the decisions that he makes and the actions he takes as President are for their benefit and not to support his financial interests,&'8221; she said. Trump will place all his financial and business assets in a trust, Dillon said. The Trump Organization, meanwhile, will not enter into any new deals abroad and all domestic deals will be subject to a heavy vetting process. The firm will also appoint a new ethics officer, she said. The President-elect has also terminated a number of deals set to close shortly, a step that had cost him millions of dollars, she said. Dillon argued that the decision had been made not to put all Trump's assets in a blind trust or to divest of all his assets because it would be impractical. She also said that Trump should not be forced to destroy the business that he had built up. &'8220;President Trump can't unknow he owns Trump Tower,&'8221; Dillon said, explaining why a blind trust would not be a workable solution to addressing conflicts of interest issues while he is President. Dillon said Trump would take other actions to avoid the appearance of a conflict over the Emoluments Clause [&'].....»»

Category: newsSource:  mindanaoexaminerRelated NewsJan 12th, 2017

Duterte summons mayors amid threat to kill execs in drug trade - Inquirer.net

Duterte summons mayors amid threat to kill execs in drug trade - Inquirer.net.....»»

Category: newsSource:  googlenewsRelated NewsJan 10th, 2017

United draws Wigan in FA Cup 4th round

LONDON (AP) — Defending champion Manchester United has drawn 2013 winner Wigan at Old Trafford in the fourth round of the FA Cup. Chelsea will face Championship side Brentford in a west London derby at Stamford Bridge, and Manchester City will go to Crystal Palace or Bolton. The winner of the replay between Liverpool and Plymouth will face Wolverhampton. Non-league sides Sutton United and Lincoln will have home games if they win their third-round replays against Wimbledon and Ipswich respectively. First, Sutton must get past Wimbledon, while Lincoln faces Ipswich. If they are winners, Sutton will host Cambridge or Leeds, and Lincoln will welcome Brighton. .....»»

Category: sportsSource:  abscbnRelated NewsJan 9th, 2017