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Boxing trainer Domingo is confident Jerusalem will upset Shigeoka
CEBU CITY, Philippines — Veteran boxing trainer, Michael Domingo of ZIP Sanman Boxing Team, is confident that his prized ward Melvin “Gringo” Jerusalem will make a repeat of the latter’s January 2023 world title victory in Japan. The Cebu-based Jerusalem will face the defending World Boxing Council (WBC) world minimumweight champion, Yudai Shigeoka, in Nagoya,.....»»
Amparo steps in to replace Andales for the IBF world title bout in Japan
CEBU CITY, Philippines — In a surprising turn of events, world-ranked Jake “El Bambino” Amparo of the PMI Bohol Boxing Stable stepped in as a last-minute replacement for countryman ArAr Andales in facing the reigning International Boxing Federation (IBF) world minimumweight champion Ginjiro Shigeoka on March 31 in Nagoya, Japan. This was confirmed by PMI.....»»
Andales cancels IBF world title fight in Japan
CEBU CITY, Philippines — Filipino ArAr Andales reportedly withdrew from his world title bout on March 31 in Nagoya, Japan. Andales was scheduled to fight the reigning International Boxing Federation (IBF) world minimumweight champion, Ginjiro Shigeoka of Japan. Their world title duel was supposedly a double-header world title bout with fellow Filipino Melvin Jerusalem gunning.....»»
PMI, ARQ, ZIP Sanman boxers feted in first Elorde-Pacquiao Boxing Awards
CEBU CITY, Philippines — Central Visayas was well-represented during the inaugural Elorde-Pacquiao Boxing Awards at Okada Manila last Sunday, March 24th. This was after 13 of Central Visayas’ best boxers from Cebu and Bohol were feted for their achievements in 2023. They were headed by none other than former World Boxing Organization (WBO) world minimumweight.....»»
Japan policy paper to focus on US, Philippines to counter China
Tokyo [Japan], March 23 (ANI): Japan released a draft of its annual foreign policy report stating that it will pay attention to the importance of boosting collaboration with the United States and the Philippines to counter China's assertive behaviour in the Indo-Pacific region, Kyodo news reported on Thursday. The Diplomatic Bluebook for 2024 will also underscore that Tokyo "cannot afford to waste even a moment" to solve.....»»
Philippines resupply boat heavily damaged
Again, using water cannons and executing dangerous maneuvers, the Chinese coast guard made another attempt yesterday to block Filipino vessels from resupplying a military outpost on the BRP Sierra Madre in Ayungin Shoal, causing “major damage” and triggering condemnation from the US, the European Union and Japan......»»
Japan policy paper to focus on US, Philippines to counter China
Tokyo [Japan], March 23 (ANI): Japan released a draft of its annual foreign policy report stating that it will pay attention to the importance of boosting collaboration with the United States and the Philippines to counter China's assertive behaviour in the Indo-Pacific region, Kyodo news reported on Thursday. The Diplomatic Bluebook for 2024 will also underscore that Tokyo "cannot afford to waste even a moment" to solve.....»»
Philippines resupply boatheavily damaged
Again, using water cannons and executing dangerous maneuvers, the Chinese coast guard made another attempt yesterday to block Filipino vessels from resupplying a military outpost on the BRP Sierra Madre in Ayungin Shoal, causing “major damage” and triggering condemnation from the US, the European Union and Japan......»»
Melvin Jerusalem vows to end PHL’s world title drought in boxing
CEBU CITY, Philippines — Before Filipino boxers lost devastatingly in Japan, there was one who stood out and went on to become a world champion. He’s no other than Melvin “Gringo” Jerusalem, who wrested the World Boxing Organization (WBO) world minimumweight title in the hands of erstwhile champion Masataka Taniguchi. Jerusalem did it in a.....»»
Philippines, Japan, US foreign officials prepare for tri-summit
As the Philippines prepares for a trilateral summit with Japan and the US on April 11, Foreign Affairs Undersecretary Ma. Theresa Lazaro met on Thursday in Tokyo with Japanese Vice Foreign Minister Okano Masataka and US Deputy Secretary of State Kurt Campbell to discuss regional security issues and economic cooperation......»»
Big Dome, MOA eyed for FIVB world meet
The Philippines will be the only second Asian country, next to Japan, to host the FIVB Men’s World Championship when the 32 best teams in the world converge on local soil to duke it out for the coveted volley crown on Sept. 12 to 28 next year......»»
Biden to Host Japan PM Kishida, Philippines President Marcos
WASHINGTON - President Joe Biden will host Japanese Prime Minister Fumio Kishida and Philippines President Ferdinand Marcos Jr. for a White House summit next month amid growing concerns about North Korea's nuclear program, provocative Chinese action in the South China Sea and differences over a Japanese company's plan to buy an iconic American steel company.White House press secretary Karine Jean-Pierre in a sta.....»»
Biden to host trilateral summit with Japan, Philippines on April 11
Washington, DC [US], March 19 (ANI): US President Joe Biden will host a three-way summit with Japanese Prime Minister Fumio Kishida and Philippine President Ferdinand Marcos in Washington on April 11, as announced by the White House, as reported by Kyodo News. This historic summit, the first of its kind involving the United States, Japan, and the Philippines, aims to bolster defence cooperation in response to China's asse.....»»
Trial of disgraced crypto star Bankman-Fried begins
The trial of Sam Bankman-Fried, former CEO of one of cryptocurrency's biggest exchanges, began Tuesday with a jury set to determine if he committed massive fraud by stealing billions of dollars from clients. The 31-year-old -- once one of the most respected figures in crypto -- now faces decades in prison and could see his name stand alongside Bernie Madoff and Elizabeth Holmes as the era's most prominent fraudsters. The first day of the trial was devoted to jury selection for a case that is set to last about six weeks. Bankman-Fried faces seven counts including wire fraud, securities and commodities fraud, and money laundering. He risks more than 100 years behind bars if he is found guilty on all charges. Bankman-Fried entered the courtroom alone -- without being escorted by security guards -- uncuffed, and took his place alongside his lawyers, an AFP journalist observed. Dressed in a dark suit and striped tie, his usually long curly hair was cut short, reportedly by a fellow inmate at the Brooklyn jail where he is being detained. "You have the right to testify in your defense in this case. The decision is up to you," US District Judge Lewis Kaplan told Bankman Fried. In just a few years, the Massachusetts Institute of Technology graduate turned his FTX platform into the world's second-biggest crypto exchange, making him a tech world billionaire wunderkind. FTX became a global name through a marketing campaign that included celebrity partnerships with stars such as supermodel Gisele Bundchen and basketball legend Stephen Curry, and buying the naming rights for the home arena of the Miami Heat basketball club. Bankman-Fried also stepped in as a kind of savior of the industry when other crypto companies faced difficulties, with FTX swooping in to offer a financial lifeline. At the height of his career, Bankman-Fried was thought to be worth $26 billion as he attracted droves of small investors to invest in cryptocurrencies such as Bitcoin or Ethereum. But his steep rise was matched by his ignominious downfall, which saw him escorted last year by police from his luxury apartment in the Bahamas and extradited to face charges in the United States. 'Gambling at own casino' His empire began to crumble last November when a news report pointed to unhealthy ties between the FTX platform and Alameda Research, Bankman-Fried's personally owned-trading company. The revelations kept growing and major investors pulled their money out of FTX, sinking it swiftly into bankruptcy. Once the dust had settled, some $8.7 billion in client funds was still unaccounted for and Bankman-Fried was accused of using FTX deposits to buy luxury real estate or donate more than $100 million to US politicians through Alameda. "He was gambling in his own casino and it created conflicts of interest," Michael Lewis, an author who followed Bankman-Fried closely during the period, told CBS. Everything "unravels because the depositors at FTX want their money back and it's not all there," the author of "Liar's Poker" and other titles added. The climax of the trial is expected to be when his former friends and colleagues take the stand, including Carlonie Ellison, his one-time romantic partner and Alameda executive, and Gary Wang, his closest associate. Ellison and Wang have also been indicted in the case and agreed to cooperate with US authorities, which may prove Bankman-Fried's undoing. After his spectacular arrest in the Bahamas, Bankman-Fried was initially held under house arrest but was ordered behind bars in August over alleged attempts at witness intimidation. According to prosecutors, while holed up at his parents' home in California, Bankman-Fried spoke regularly to journalists and passed documents to The New York Times in an effort to influence the testimony of Ellison. The post Trial of disgraced crypto star Bankman-Fried begins appeared first on Daily Tribune......»»
Chinese national intercepted at NAIA
The Bureau of Immigration arrested a Chinese national last Monday at the Ninoy Aquino International Airport after being found to be facing charges in China for illegal gambling. The BI-NAIA identified the suspect as Jiang Ning, a 27-year-old male who attempted to depart via a Philippine Airlines flight bound for Kuala Lumpur, Malaysia, when the BI officers noted a derogatory record in their system issued against him by the Chinese authorities. Upon verification, the Bureau confirmed that Jiang is the subject of an Interpol Red notice after allegedly being wanted in China for involvement in setting up a gambling group, which was said to control 14 gambling platforms for illegal profits in China and the Philippines. The BI-NAIA added that his group was said to have operated from 2014 to 2021 and to have induced more than 100 thousand Chinese to engage in illegal gambling activities. A warrant of arrest was already issued against him by the Qijiang District Public Security Bureau of Chongqing Municipality. He was charged with opening a casino in violation of the Criminal Law of China and faces a maximum penalty of 10 years in prison. Jiang was immediately referred to the BI Legal Division to be charged with undesirability. He will be detained at the BI Warden Facility in Camp Bagong Diwa, Taguig City, pending his deportation proceedings. The post Chinese national intercepted at NAIA appeared first on Daily Tribune......»»
Chinese national wanted for illegal gambling nabbed at NAIA
The Bureau of Immigration (BI) reported that a Chinese national was arrested on 18 September by BI officers at the Ninoy Aquino International Airport (NAIA) after being found to be facing charges in China for illegal gambling. The BI-NAIA identified the suspect as Jiang Ning, a 27-year-old male. Jiang was arrested at the NAIA Terminal 1. He attempted to depart the country via a Philippine Airlines flight bound for Kuala Lumpur, Malaysia when BI officers noted a derogatory record in their system issued against him by the Chinese authorities. Upon verification, the BI confirmed that Jiang is the subject of an Interpol Red notice after allegedly being wanted in China for involvement in setting up a gambling group, which was said to control 14 gambling platforms for illegal profits in China and the Philippines. The BI-NAIA added that his group was said to have operated from 2014 to 2021 and to have induced more than 100 thousand Chinese to engage in illegal gambling activities. A warrant of arrest was already issued against him by the Qijiang District Public Security Bureau of Chongqing Municipality. He was charged with opening a casino in violation of the Criminal Law of China and faces a maximum penalty of 10 years in prison. Jiang was immediately referred to the BI Legal Division to be charged with undesirability. He will be detained at the BI Warden Facility in Camp Bagong Diwa, Taguig City, pending his deportation proceedings. The post Chinese national wanted for illegal gambling nabbed at NAIA appeared first on Daily Tribune......»»
French supermarket CEO detained in stock manipulation probe
The head of a top French supermarket chain was briefly taken into custody for questioning Thursday in an inquiry over stock price manipulation, insider trading, and corruption suspicions, a source close to the case said. Jean-Charles Naouri -- already under pressure to reduce debt at retailer Casino -- was held in Paris by judges probing links between the CEO and a populist financial journalist who has made several attempts at the French presidency. The alleged acts date to 2018 and 2019, the source told AFP, with judges investigating since 2020. Lawyers for Naouri did not respond to requests for comment. Sources familiar with the matter told AFP later Thursday that Naouri had been released without charges being brought against him at this stage. Investigators searched Casino's headquarters as well as Naouri's home in May 2022. According to the French daily Le Parisien, Casino paid more than 800,000 euros ($857,000) to several companies controlled by Nicolas Miguet, editor of financial newsletters who has sought the French presidency on an anti-tax platform. The French financial markets regulator AMF, which lodged the complaint, suspects that in exchange Miguet made "buy" recommendations on Casino shares in his various publications and statements. In a recent financial filing, Casino said the legal inquiry was based only on "an encounter with a former consultant to Casino" and denied the allegations. Naouri's detention comes after a Paris court ordered last week that Casino, whose debt mountain stood at 6.4 billion euros at the end of 2022, be placed in conciliatory proceedings with creditors ahead of a potential debt restructuring. The share price of the group -- which employs more than 200,000 people worldwide under several brands -- hit a record low in Paris at the end of trading on Thursday. The post French supermarket CEO detained in stock manipulation probe appeared first on Daily Tribune......»»
Police file charges vs man whose vehicle yielded several firearms in Argao
MANDAUE CITY, Philippines – Mandaue City police are now preparing charges against a casino lender who was arrested in Argao, Cebu with various high-powered firearms. Rolando “Enting/Titing” Pantinople, 46, was arrested in his residence in Sitio Malacorong, Barangay Usmad in Argao based on a search warrant issued by Judge Noel Darren Damian of Branch 26 […] The post Police file charges vs man whose vehicle yielded several firearms in Argao appeared first on Cebu Daily News......»»
China: Macau s Casino Boss Alvin Chau cheats govt of USD 1 billion in taxes
ByBeijing [China], July 7 (ANI): Former boss of China's Macau casino junket Alvin Chau has cheated the government of USD 1 billion in tax revenues, a media report said citing the official indictment. Alvin Chau, who is the 48-year-old founder of Suncity Group, along with 20 other senior executives ran a vast criminal syndicate, Asia Nikkie reported. Chau was arrested in November on 286 criminal charges including fraud, mo.....»»
PNVF forms coaching staff for world meet
Seasoned coach Dante Alinsunurin will make a comeback as one of the deputies for the national men’s team as host Philippines pulls out all the stops to parade a competitive squad against the best of the best in the FIVB Volleyball Men’s World Championships 2025......»»