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Asian stocks gain before China data, Europe rate meeting

SEOUL, South Korea — Asian stock markets rose Tuesday ahead of China's release of quarterly growth data and a policy meeting of the European Central Bank later in the week......»»

Category: newsSource:  mb.com.phRelated NewsOct 18th, 2016

Stock Market: Stocks plunge as markets eye Fed policy meeting

STOCKS slumped to start the week ahead of the US Federal Reserve meeting, where policy makers are almost certain to raise interest rates......»»

Category: financeSource:  bworldonlineRelated NewsDec 12th, 2016

Stock Market: PSE index likely to stay above 7,000 ahead of Fed

THE MAIN INDEX is seen to continue hovering within the 7,000 level this week, although investors will still trade more cautiously ahead of the Federal Reserve meeting, with markets almost certain of an interest rate increase as the US economy continues to.....»»

Category: financeSource:  bworldonlineRelated NewsDec 11th, 2016

Stock Market: Stocks to slide further ahead of policy meetings

THE BENCHMARK INDEX may continue sliding towards the 7,300 line this week, as investors keep a close watch on central banks, particularly the Federal Reserve that will decide on what could be the second rate hike in the United States since the recession......»»

Category: financeSource:  bworldonlineRelated NewsSep 18th, 2016

Asia stocks up as weak data hurt Fed hike chances

Asian stocks firmed on Thursday after weak U.S. data reduced the already low chance of an interest rate increase by the Federal Reserve at next week's meeting, sending the Treasury yield curve surging to its steepest level in 2-1/2 months......»»

Category: newsSource:  mb.com.phRelated NewsSep 16th, 2016

Stocks ease on lack of fresh leads

MANILA, Philippines – The local stock market retreated yesterday as investors continued to stay on the sidelines ahead of the US Fed meeting next week, analy.....»»

Category: financeSource:  philstarRelated NewsSep 14th, 2016

Stock Market: PSEi sinks to three-month trough ahead of Fed

THE LOCAL stock barometer sank to its lowest level in about three months, as uncertainty over the timing of another rate hike in the United States intensified a week ahead of the Federal Reserve's policy meeting......»»

Category: financeSource:  bworldonlineRelated NewsSep 13th, 2016

F1 eyes may have opened after Alonso s Indy 500 flop

By Dave Skretta, Associated Press INDIANAPOLIS (AP) — Alexander Rossi had no idea what he was getting into when he moved from Formula One to IndyCar. Turning left the whole race? Looks easy. But as Rossi soon found out — and as two-time world champion Fernando Alonso and his McLaren team learned in failing to qualify for the Indianapolis 500 last weekend — getting around Indianapolis Motor Speedway at speeds eclipsing 230 mph is a lot tougher than it looks. "I didn't understand what oval racing was. I didn't understand what IndyCar racing was, because there is no exposure to it in Europe," said Rossi, an American who moved to Europe as a teenager and made his F1 dreams come true with seven starts during the 2014 and '15 seasons. "So when guys haven't been a part of it," Rossi said, "they don't understand how difficult it is, how unique it is to everything they've done. On TV, let's be honest, it doesn't look that challenging, so being a European driver, in your mind you're at the pinnacle of the sport. You think, 'Of course I can go over there and do that and it wouldn't be a problem.'" That inherent arrogance was underscored two years ago, when Alonso showed up at the Indy 500 for the first time. He ran near the front all race, only for his Honda engine to let him down. Naturally, many F1 drivers were quick to pounce on their rival open-wheel series, claiming it must not be too difficult to win in IndyCar if Alonso could be competitive right out of the gate. "I looked at the times and, frankly, for his first-ever qualifying for Fernando to be fifth — what does that say about Indy?" five-time F1 champion Lewis Hamilton mused to L'Equipe shortly afterward. "A great driver," he said, "if he cannot win in Formula 1, will look for other races to win." In other words, Hamilton was calling IndyCar second-rate. That's part of why so many eyebrows jumped at McLaren's spectacular disappointment. "Fernando may have done well in 2017, so there may have been a feeling like all he has to do is show up and take it over," said Mark Miles, the chairman of Hulman & Co., which owns Indianapolis Motor Speedway. "I think this causes that sense of, 'Hey, this is harder than we thought.'" The team that bumped the well-funded, England-based team with the rich racing heritage from this year's field? None other than Juncos Racing, the tiny team founded by Argentina-born Ricardo Juncos and to this day run on such a shoestring budget that it was still signing up sponsors on Wednesday. The moment Kyle Kaiser put their car in the field last Sunday was the moment McLaren's world collapsed, leading to the firing of Bob Fernley, who headed its IndyCar operation. "We got it wrong," the team's boss, Zak Brown, said Thursday ahead of this weekend's Monaco Grand Prix, the showcase race on the F1 calendar. "There are little stories behind each of those individual issues and how they transpired, but you know, we didn't execute and therefore we didn't qualify for the Indy 500." In doing so, they showed just how difficult it is to win the "Greatest Spectacle in Racing," and perhaps earned IndyCar drivers a certain measure of respect from their F1 counterparts. "You've got to be a good driver, but setup and all those things at those margins is so important," said F1 driver Daniel Ricciardo, who has never driven an Indy car or raced on an oval. "I don't know the ins and outs, but everything needs to work right and that's the thing with race cars. It's a love-hate relationship. Obviously, this year for (Alonso) was more of a hate one. "It's sad to see," Ricciardo added. "Obviously as part of the F1 family, we want him to do well." One of the reasons the Indy 500 is so difficult is it tests the machines — and how they are tuned — just as much as the drivers. Manufacturers such as Mercedes and Ferrari can pump $300 million into their teams and essentially buy the crucial tenths of a second they need to win races, but IndyCar teams work with a relatively stock setup that puts the onus on crew and driver. "A big team like McLaren, and you see a small team like Juncos, it just shows this competition, it's not easy no matter who you are," three-time Indy 500 winner Helio Castroneves said. "It is one of the toughest places on Earth to get in, and you've seen big teams like Penske have failed." Rossi has so far bucked the trend, winning the 100th running of the Indy 500 in his 2016 debut. He was second the following year and fourth last year, each time benefiting from the experience, equipment and resources that his Andretti Autosport team has poured into its efforts over the years. "Fernando is a world champion. You expect him to do a good job," Rossi said. "But at Indianapolis, to find speed, it's experience, kind of the tricks of the trade that money can't buy, and I think that gets lost on a lot of people, and I think that was on full display this past week." ___ AP Auto Racing Writer Jenna Fryer and AP Sports Writer Jerome Pugmire contributed......»»

Category: sportsSource:  abscbnRelated NewsMay 24th, 2019

Koepka survives Bethpage Black to win PGA Championship

By Doug Ferguson, Associated Press FARMINGDALE, N.Y. (AP) — Brooks Koepka took his place in PGA Championship history with a wire-to-wire victory, minus the style points. In a raging wind that turned Bethpage Black into a beast, Koepka lost all but one shot of his record seven-shot lead Sunday. He lost the brutal Long Island crowd, which began chanting "DJ!" for Dustin Johnson as Koepka was on his way to a fourth straight bogey. But he delivered the key shots over the closing stretch as Johnson faded with two straight bogeys, and Koepka closed with a 4-over 74 for a two-shot victory and joined Tiger Woods as the only back-to-back winners of the PGA Championship since it went to stroke play in 1958. Koepka said at the start of the week that majors are sometimes the easiest to win. This one should have been. It wasn't. His 74 was the highest final round by a PGA champion since Vijay Singh won in a playoff in 2004 at Whistling Straits. "I'm just glad I don't have to play any more holes," Koepka said. "That was a stressful round of golf. I'm glad to have this thing back in my hands." Koepka appeared to wrap it up with a gap wedge from 156 yards to 2 feet on the 10th hole for a birdie, as Johnson made his first bogey of the round up ahead on the 11th. That restored the lead to six shots, and the coronation was on. And then it all changed in a New York minute. Koepka missed three straight fairways and made three straight bogeys, having to make a 6-foot putt on No. 11 to keep it from being worse. The wind was so fickle that it died as he hit 7-iron to the par-3 14th that sailed over the green, leading to a fourth straight bogey. The crowd sensed a collapse, and began chanting, "DJ! DJ! DJ!" as Koepka was playing the hole. Ahead of him, Johnson made birdie on the 15th — the toughest hole at Bethpage Black all week — and the lead was down to one. That was as close as Johnson got. His 5-iron pierced through a wind that gusted close to 25 mph, over the green and into a buried lie. He missed the 7-foot par putt, went long of the green on the par-3 17th for another bogey and had to settle for 69. "Hit the shot I wanted to right at the flag," Johnson said of his 5-iron from 194 yards on the 16th. "I don't know how it flew 200 yards into the wind like that. Johnson now has runner-up finishes in all four of the majors, the wrong kind of career Grand Slam. "I gave it a run," he said. "That's all you can ask for." Koepka returned to No. 1 in the world with a performance that defines his dominance in golf's biggest events. He becomes the first player to hold back-to-back titles in two majors at the same time, having won a second straight U.S. Open last summer 60 miles down the road at Shinnecock Hills. He was the first wire-to-wire winner in the PGA Championship since Hal Sutton at Riviera in 1983. And what stakes his claim as one of the best in his generation was a third straight year winning a major. He joins a most elite group — only Woods, Phil Mickelson, Tom Watson, Jack Nicklaus and Arnold Palmer have done that since the Masters began in 1934. He now has four majors in his last eight, a streak not seen since Woods won seven out of 11 when he captured the 2002 U.S. Open at Bethpage Black. Next up is the U.S. Open at Pebble Beach, where Koepka defends his title for the third time. No one has won the U.S. Open three straight years since Willie Anderson in 1905. No one will doubt whether Koepka is capable the way he is playing. The 29-year-old Floridian is an imposing figure, a power off the tee and out of the rough with no obvious weakness in his game and the kind of mental fortitude that majors require. He needed all of it over the final hour of this one. Koepka doesn't know his resting heart rate, and he said on the eve of the final round that it probably was not much different on the first tee of a major than when he was chilling on his couch. But he could feel this one getting away from him. He could sense Johnson making a charge. He could hear it. "How could you not with the 'DJ' chants," Koepka said. "I heard everything." Bethpage has a reputation for being over the top, and it irritated Harold Varner III, who shot 81 playing in the final group. "I thought it was pretty weird how they were telling Brooks to choke," Varner said about the 14th hole. "That's not my cup of tea. I was pulling for him after that." Koepka held it together at the most crucial moment. He piped his driver down the 15th fairway and two-putted for par. And he drilled another one into the 16th, which played the most difficult in the final round because it was into the wind. Johnson hit 5-iron just over the green. The wind died enough 20 minutes later that Koepka hit 7-iron only to 50 feet and had another good lag putt to get par. He kept it interesting to the end, three-putting the 17th as the lead went back to two shots, and pulling his driver on the 18th into fescue so thick it left him little choice but to lay up and scramble for par. Once his medium lob wedge settled 6 feet away, he could relax. Finally. Woods won the Wanamaker Trophy in consecutive years twice, in 1999 and 2000, and again in 2006 and 2007. Koepka was starting to draw comparisons with Woods for the way he obliterated the competition, much like Woods in his 12-shot victory in the 1997 Masters and 15-shot victory in the 2000 U.S. Open at Pebble Beach. Koepka tied the PGA Championship record by opening with a 63. He broke the major championship record for 36 holes at 128. He set another PGA Championship record with his seven-shot lead. In the end, just having his name on the heaviest championship trophy in golf was all that mattered. Jordan Spieth registered his first top 10 since the British Open last summer with a 71 to finish at 2-under 278, six shots behind. He tied for third with Patrick Cantlay (71) and Matt Wallace (72). This really was a two-man race over the back nine that not many would have seen coming at the start of the final round. Only the outcome was expected......»»

Category: sportsSource:  abscbnRelated NewsMay 20th, 2019

Spieth tries to stay close to Koepka at PGA Championship

By Doug Ferguson, Associated Press FARMINGDALE, N.Y. (AP) — Jordan Spieth doesn't feel as though his confidence is getting higher. All that mattered was his score getting lower. Spieth did his best to stay within range of Brooks Koepka at the PGA Championship on Friday by making five birdies over his last 11 holes for a 4-under 66 and his lowest 36-hole score in a major since he won the British Open two years ago. He had to wait on Koepka playing in the afternoon to see how close he could stay. But this was an important step for Spieth, who hasn't won since his 2017 British Open victory gave him the third leg of the career Grand Slam, which he can complete by winning the PGA. That was still far from his mind. "I haven't been in contention on a Sunday since The Open last year," said Spieth, who shared the 54-hole lead at Carnoustie and tied for sixth. "And if I'm able to put some good work in tomorrow, I will be in contention on Sunday. And at that point, it will be just more of trying to win a golf tournament. It won't matter to me what tournament it is." It will be proof to Spieth that his struggles over the last year — he even used the words "bit of a slump" earlier this week — are finally turning in his favor. He was at 5-under 135, one shot ahead of Dustin Johnson (67) and Daniel Berger (66) among those who finished early. Koepka started with a 7-under 63, after becoming the only player to post 63 in the same major twice. He opened with three birdies over the opening four-hole stretch at Bethpage Black and threatened to pull away. Tiger Woods, playing in the same group as Koepka, started at 2 over and was trying to make sure he at least made the cut. Spieth has been showing signs of making progress, only to be done in by one round or a nine-hole stretch. It looked as though that might be the case Friday when he made bogey from the right rough on the 15th and bogey from the left rough on the 16th, putting him 1 over for his round. The key moment was a 6-iron to 8 feet for birdie on the par-3 17th, mainly because it got him back to even after the toughest stretch. "My goal in turning was try and get to a few under for the championship," Spieth said. "You don't expect Brooks to fall at all, so I thought I needed to be within five or six or seven to feel like I had a chance on the weekend." He was helped by his tidy short game. Spieth used his putter only 13 times over the last 11 holes, making five birdies and four par saves, only from about 12 feet after finding a bunker on the par-3 third. Berger is best known in these parts for his 66 in the third round at Shinnecock Hills in the U.S. Open last year that put him in the final group. He dropped only one shot early in his round at No. 12. Johnson played alongside Spieth and reached 5 under for the tournament approaching the 18th, only to miss the fairway and go over the green. He also three-putted from long range on the par-3 third, but made a 20-foot birdie putt late in his round at No. 7 for a 67. "The afternoon guys still got 18 holes to play," Johnson said. "I feel like I'm in a good position. I'm happy with where I'm at no matter what the lead is after today. I'm going to be somewhere around it or close enough to where with 36 holes left, I'm OK." Danny Lee was among the few early starters who failed to take advantage. He opened with a 64 and was one shot behind Koepka, and he never got any closer. Lee made a pair of double bogeys on the back nine for a 41, and salvaged a 74 to join a group at 2-under 138. Rory McIlroy was happy to still have any chance at all. He started with two double bogeys and a bogey and was 7 over for the championship through three holes when he rallied with four birdies over his last six holes for a 71. Spieth did enough to believe the worst days of his slump are behind him. It was only in the last few weeks that he felt comfortable enough to return to a familiar philosophy: aim small, miss small. "I'm not 100% hitting it as well as I did a couple of years ago," Spieth said. "But I'm hitting it a lot better than I did the end of last year, beginning of this year." And the putting looks as strong as ever. So when someone suggested Spieth looked freer than he has lately, he smiled and said, "When you're making everything you look at, anybody is going to walk around feeling pretty free.".....»»

Category: sportsSource:  abscbnRelated NewsMay 18th, 2019

Nadal reaches Rome semis; Federer and Osaka withdraw injured

By Andrew Dampf, Associated Press ROME (AP) — Rafael Nadal put away Fernando Verdasco 6-4, 6-0 at the Italian Open on Friday and ought to be a little nervous. He's conceded only six games in six sets at the Foro Italico but he's reached the semifinals. Nadal has fallen in the semifinals of his last three tournaments — all on his favored clay. And next up is Stefanos Tsitsipas, whom Nadal lost to in Madrid last week. "I know what happened last week, and I (am) going to try to do it better tomorrow," Nadal said. "I have to hold the level or increase a little bit more. If that happens, I (am) going to have my chances. The good thing is during the last month my feeling is every week was better than the previous one." Tsitsipas, 20, is up to No. 7 in the rankings. "Every year, we make (a) prediction with the team which player is going to be at the top 10 at the end of the season," Nadal said. "I put Tsitsipas there. ... He started even better than what I (expected). He deserves to be where he is now." Meanwhile, Roger Federer and top-ranked Naomi Osaka withdrew before their quarterfinals because of injuries. Federer reported a right leg injury ahead of his match against Tsitsipas, and Osaka said her right hand was hurting before she was to play Kiki Bertens. Also reaching the last four was Diego Schwartzman, who beat Kei Nishikori for the first time in four tries, 6-4, 6-2, to reach his first Masters Series semifinal. Schwartzman, ranked 24th, will face top-ranked Novak Djokovic or Juan Martin del Potro. On the women's side, Karolina Pliskova rallied past former No. 1 Victoria Azarenka 6-7 (5), 6-2, 6-2 and will face qualifier Maria Sakkari, who rallied past Kristina Mladenovic 5-7, 6-3, 6-0. Bertens, who won the Madrid Open last week, will face Johanna Konta, who beat Marketa Vondrousova 6-3, 3-6, 6-1. Although Osaka won both of her matches on Thursday in straight sets, Federer, 37, had to labor for more than 2 ½ hours to overcome Borna Coric in his second time on court. Federer said after beating Coric that he slid on a wet line and his leg "was hurting a little bit." "I am disappointed that I will not be able to compete today. I am not 100 percent physically and, after consultation with my team, it was determined that I not play," Federer said. "Rome has always been one of my favorite cities to visit and I hope to be back next year." Later, Federer wrote on Instagram: "The fan reaction and crowd energy during my matches yesterday remind exactly why I am still competing on the ATP Tour." View this post on Instagram I had to take the tough decision this morning to pull out of the Italian Open as I am not feeling 100% physically. The fan reaction and crowd energy during my matches yesterday remind me exactly why I am still competing on the ATP Tour. Thank you Roma for an incredible week. Mazie Grille! ???? A presto!???????????????????? A post shared by Roger Federer (@rogerfederer) on May 17, 2019 at 7:14am PDT It's only the fourth time in Federer's career he has had a walkover loss, the ATP Tour said, adding the 20-time Grand Slam champion has never retired in 1,465 matches. Osaka couldn't immediately say how serious her injury is or if it will affect her status for Roland Garros, which starts in nine days. She had yet to see a doctor, but when she held her hand up for reporters, it was clearly swollen. "I woke up this morning and couldn't really move my thumb," Osaka said. "I tried to practice and grip my racket but I couldn't, and I kept feeling this pain when I tried to move my hand in different directions." Osaka's win on Thursday guaranteed she will remain No. 1 going into the French Open. "I didn't feel anything yesterday. That's why I'm kind of confused right now because I literally woke up in the morning and couldn't move my thumb," Osaka said. "So I was like, 'Maybe I slept on it and maybe it will go away.' But it didn't." Osaka also withdrew before a semifinal in Stuttgart, Germany, last month due to an abdominal injury, and she retired from her previous meeting with Bertens at last year's WTA Finals with a leg injury. "I feel like the ab thing could have been helped, but this one I don't think I could have helped it because I don't know what caused it," Osaka said. "I don't know why I have it.".....»»

Category: sportsSource:  abscbnRelated NewsMay 18th, 2019

T-bill yields fall after BSP rate cut

Short-term securities fetched lower rates across-the-board yesterday following the Bangko Sentral ng Pilipinas’ move to cut interest rates last week, the Bureau of the Treasury (BTr) said yesterday......»»

Category: financeSource:  philstarRelated NewsMay 15th, 2019

Sleepwalking Warriors snap to behind ultimate weapon Durant

By Shaun Powell, NBA.com LOS ANGELES -- The only sound in a basketball game that mimics an alarm clock blaring is the final buzzer, but by then the score is official and it’s too late to wake up. And maybe the Warriors needed seven months and 88 games to recognize this, because when you’ve won three championships in four years and bring four All-Stars in their prime and play nightly against the rank-and-file, there’s a tendency to doze off just to, you know, make things interesting. Well, nap’s over. After Friday's (Saturday, PHL time) 129-110 victory over the Clippers, the buzzer has shifted to the opening tip, and suddenly the Warriors are aware of where they are and who they’re up against and what time it is. [Watch the Playoffs on NBA League Pass for 30% less with this limited time offer! Select Annual package and use code SAVE30 at checkout to redeem] At least, those are the signals they’re giving off now, on the eve of the second round of the playoffs, when there is no better moment -- to paraphrase the noted prophet Kevin Durant -- to let folks know who you are. They’ll be led into their next basketball battle by Durant, fresh off a fiddy, which of course is basketball slang for 5-0 points, which finally silenced the Clippers and made the basketball world revisit the belief that the Warriors are not to be denied. This of course will be put to the test by the Rockets, arguably the biggest threat facing the Warriors between now and a June champagne sip. But really, now: If Durant plays like he has the last few games, does it really matter what James Harden and Chris Paul bring in this upcoming best-of-seven? “He’s in a groove right now,” said Steph Curry. “Special to see.” With the exception of last year’s Western Conference finals, when Houston took Golden State to the limit, the Durant Warriors have been one level above all others in the playoffs. The Clippers just took two from them -- despite Durant -- and nobody else claimed more than one victory in a best-of-seven. Overall, excluding that Rockets’ series, the Durants are 32-5 in the postseason, a clean 9-0 in series play. Everything that the Warriors were projected to do once Durant signed up for duty two summers ago has come true. They’re three superstars ahead of good teams and two superstars ahead of very good teams. Right now, they’re alone on the island, the only true great team in the league, even on nights when they don’t play the part. With all due respect to Damian Lillard, no one has has drawn more awe lately than Durant, who’s on pace to cause major problems for whomever crouches in a defensive stance before him. In the last four games, he averaged 42 points on 55 percent shooting, and at times was a singular force against the stubborn Clippers. Remember, Steph Curry is trying to climb out of a fog, stifled and troubled by missed jumpers in the last week and momentarily sidelined Friday (Saturday, PHL time) by a tweaked right ankle, which always causes the Warriors to hold their breath. Klay Thompson, as is his pattern, went ballistic for one game, then was rather tame by comparison in the others. “I just play my game through it all,” Durant said. “I definitely don’t want to go away from my teammates if they’re struggling to shoot the ball. But at the same time, I have to be aggressive and try to win the game as well.” Given how leaky the Warriors’ defense looked and how carelessly they handled the ball, the one constant in the first round was Durant drilling shots from all angles and distances, especially once he confined his chatter to making shots instead of taking them at Pat Beverley, the Clippers’ All-Star instigator. Warriors coach Steve Kerr called it “one of the greatest performances I’ve ever seen” and this is someone who rode with Michael Jordan and Tim Duncan. Whether Kerr was simply caught up in the moment, it doesn’t minimize what Durant did to close out the Clippers and what he’s capable of doing against the Rockets. “He's the ultimate weapon because there's no defense for Kevin,” Kerr said. “No matter what anybody does, he can get a good shot. And he knew we needed him badly. And he just took over the game in the first half and set a great tone.” Durant appears to be locked in and on a mission, and if this is his last run with the Warriors, it’s morphing into a gallop. His 50 points Friday (Saturday, PHL time) were a personal playoff high and his 38 in the first half tied Charles Barkley for second on the all-time list. And this came on the heels of the 45 points he delivered in a losing Game 5 effort. “Sometimes you come across special people and it doesn’t matter what defense you send to them,” said Clippers guard Lou Williams. “There is no scheme. There’s nothing you can do with special people. He’s one of them and he showed it. He put them guys on his shoulders. He proved exactly who people think he is, who he thinks of himself, and he did it.” The Warriors finished with the best record in the West this season, almost on reputation or cruise control. Once again, there were lapses that seemed suspiciously like a team bored with the schedule and awaiting a summer coronation. This breezy attitude seeped into the opening round, when the Warriors choked away a 31-point lead and then lost another home game to an eighth-seeded team devoid of All-Stars. This doesn’t happen unless the heavily-favored one-seed is taking their championship rings for granted. “I think I made a joke like this first round felt like it was two months,” said Curry. “It was just the emotional part of it, I mean, losing (DeMarcus Cousins) and a 31-point lead and trying to come back on the road and the mental investment you put into it. We’ve got to be able to flip the switch from one team to the next and that will be the biggest test.” Well, and this might be a stretch, but expect the Warriors to show the Rockets a lot more respect. Deep down, Kerr knows losing a pair to the Clippers was perhaps the face-slap his team needed, and at the right time. The Warriors know any lapse in this series will likely be their last, and a fatal one as well. “We know what Houston's about,” said Kerr. “We know how good they are. We've got to be ready.” There are positive signs beyond Durant. Thompson will be the first line of defense against Harden, the league’s leading scorer this season, and Thompson is coming off a lockdown of Williams, who finally cooled and went 3-for-21 Friday (Saturday, PHL time). This will be of major importance, of course, given Harden’s usage rate and relentlessness. “If you’re not focused,” Durant said, “he can drive past you, he shoots floaters now, he’s a strong finish with either hand and obviously the step-back three-pointers is one of his staples. He can score in a variety of ways so you have to be locked in from the beginning. You’ve got to be ready to play tough all game.” Draymond Green is coming off a triple-double, while the aging Andre Iguodala seems springy and active, usually his profile this time of year. Yes, there’s finally perhaps a sense of urgency or at least an understanding of what’s at stake and more of an emphasis on staying woke for the Warriors. “Obviously we would love to win every series 4-0,” said Durant. “That would be ideal. But we know it’s not really going to happen that way.” Perhaps not. But the Durant Warriors, based on their track record, are convincing enough. 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 NewsApr 27th, 2019

Thomas caps off record week with trophy at Sony Open

DOUG FERGUSON, AP Golf Writer   HONOLULU (AP) — Challenged only by the record book, Justin Thomas won the Sony Open on Sunday with the lowest 72-hole score in PGA Tour history. Thomas capped off his wonderful week at Waialae that began with a 59 with his second straight victory. He two-putted birdie from 60 feet on the par-5 18th and closed with a 5-under 65 to set the record at 253. Tommy Armour III shot 254 at the 2003 Texas Open. 'It's been an unbelievable week. Unforgettable,' Thomas said before going to sign his historic card. Make that two weeks. The 23-year-old from Kentucky won the SBS Tournament of Champions at Kapalua last week by three shots, then destroyed the full field at the Sony Open to win by seven shots. Thomas is the first player since Tiger Woods in 2009 (Buick Open and Bridgestone Invitational) to win back-to-back weeks by three shots or more. 'I felt like I was trying to win a tournament for second place,' Jordan Spieth said, summing up the helpless feeling of everyone. That honor went to Justin Rose, who closed with a 64 to finish alone in second. Spieth shot a 63 to finish alone in third. The first full-field event of the year on the PGA Tour was a one-man show. Thomas began the final round with a seven-shot lead and no one got closer than five shots all day. His only nervous moment was an 8-foot par putt on the sixth hole when he was five shots ahead. He made that, and the rest of the day was a Pacific breeze. Thomas joined Ernie Els in 2003 as the only players to sweep Hawaii, and this performance might have been even better. Thomas was 49-under par for his two weeks, compared with Els at 47 under. Thomas joined Johnny Miller (1974 and 1975) and Tiger Woods (2003, 2008, 2013) as the only players since 1970 to win three of the their first five starts in a PGA Tour season. It started last fall with the CIMB Classic in Malaysia. He moved to No. 8 in the world. 'He's got full control of his game, full confidence, and he's executing under pressure,' Spieth said. 'It's a lot of fun to see. Certainly stuff that myself and a lot of our peers have seen going back almost 10 years now. He's certainly showing the world what he's capable of.' No one ever lost a seven-shot lead in the final round of a PGA Tour event, a fact that never entered the conversation on a balmy afternoon at Waialae. Thomas, thinking more about the trophy and another record when he started the final round, took no chances early on. He was 1 over through seven holes, making a soft bogey with a three-putt from 45 feet on No. 4 and a tough par save on No. 6, and still no one got closer than five shots. But when he poured in a 20-foot birdie putt on the eighth, Thomas shifted into another gear. That was the start of four birdies in five holes — the exception was a birdie putt he missed from just inside 10 feet — and he stretched his lead to as many as nine shots. Waialae was vulnerable all week with not much wind, fast fairways and greens that were softer than usual. Thomas produced the eighth sub-60 round in PGA Tour history on Thursday. Kevin Kisner had a shot at 59 on Saturday until missing a 9-foot eagle putt on his final hole. And on Sunday, Chez Reavie made a hole-in-one with a 6-iron on the 17th hole that gave him a shot at a sub-60 round. Only a bogey on the sixth hole (he start on No. 10) stopping him, and he had to settle for a 61. That matched the third-best score of the week. Even in easier conditions, no one played like Thomas. He felt the nerves early, perhaps knowing that he could only lose with such a big lead. But when he made the turn with a six-shot lead, it was a chase for the record, and there was no stopping him. He hit a lob wedge over a bunker to 3 feet for birdie on the 14th, made a 12-foot par save on the 15th and picked up the last birdie he needed on the par-5 18th by easily reaching the middle of the green. .....»»

Category: sportsSource:  abscbnRelated NewsJan 16th, 2017

Stock Market: PSEi to test 7,300 as mart prices in Fed hike plans

THE Philippine Stock Exchange index (PSEi) is set to test the 7,300 mark in the coming days, with the US Federal Reserve’s planned rate hikes for the year getting clearer following the release of the minutes of its December meeting last week......»»

Category: financeSource:  bworldonlineRelated NewsJan 8th, 2017

Patriots clinch home-field advantage

The Associated Press br /> MIAMI GARDENS, Florida (AP) — Tom Brady threw for 276 yards and three scores Sunday as the Patriots clinched home-field advantage throughout the AFC playoffs by beating the Dolphins 35-14. New England took a 20-0 lead in the first half, and turned away Miami's comeback bid with the help of a 77-yard touchdown catch-and-run by Julian Edelman and a 69-yard fumble return by linebacker Shea McClellin. The Patriots (14-2), already assured of a first-round bye, became the ninth team since 1972 to go undefeated on the road during the regular season. The Dolphins (10-6), beaten for only the second time in the past 11 games, had already earned an AFC wild-card berth. They play their first postseason game since 2008 next weekend at Pittsburgh. STEELERS 27, BROWNS 24 PITTSBURGH (AP) — Steelers backups assured the Browns of the top pick in the 2017 draft. Landry Jones hit Cobi Hamilton with a 26-yard touchdown with 2:57 left in overtime. The Browns took a lead on Cody Parkey's 34-yard field goal with 7:17 remaining in the extra session. Jones, who started while the playoff-bound Steelers rested Ben Roethlisberger, took the Steelers 75 yards in nine plays. The last was a pretty lob to the end zone that Hamilton hauled in to give Pittsburgh (11-5) its seventh straight victory. Jones finished with 277 yards passing and three touchdowns and one interception. Isaiah Crowell ran for a career-high 152 yards for the Browns (1-15), who finished with the worst record in franchise history. JETS 30, BILLS 10 EAST RUTHERFORD, New Jersey (AP) — Ryan Fitzpatrick threw two touchdown passes in what was likely his final game for the Jets. Despite a 5-11 record, the Jets are making no changes in leadership, meaning both coach Todd Bowles and general manager Mike Maccagnan will remain with the team next season. Bowles is 15-17 in his two-year tenure with New York, which hired him in January 2015 after firing Rex Ryan. Maccagnan is also in his second season with the Jets, and had also been criticized for the team's roster, which likely faces an overhaul this offseason. The Bills (7-9) also face some uncertainty this offseason after firing Ryan earlier in the week and elevating offensive coordinator Anthony Lynn to the interim role. Two other people with direct knowledge of the situation told the AP before the game that Lynn is the clear favorite to take over the job permanently. TITANS 24, TEXANS 17 NASHVILLE, Tennessee (AP) — A concussion that sidelined quarterback Tom Savage could have the biggest impact coming out of the Texans' loss. Savage started for the AFC South champions, left in the second quarter to be evaluated for a concussion and was cleared. He took a snap to kneel down on the final play of the first half and was diagnosed with a concussion after being re-evaluated at halftime. That left Brock Osweiler, benched for Savage last month, running the offense. He threw for 253 yards and a touchdown and also ran for a 1-yard TD on fourth-and-goal in the fourth quarter. Houston (9-7) will host Oakland next weekend, possibly with uncertainty at quarterback. DaQuan Jones recovered a fumble for a touchdown in the first quarter and the Titans never trailed to finish with their first winning season since 2011. EAGLES 27, COWBOYS 13 PHILADELPHIA (AP) — Tony Romo threw his first touchdown pass in nearly 14 months as the playoff-bound Cowboys played it safe. The Cowboys (13-3) had already locked up the No. 1 seed and home-field advantage throughout the NFC playoffs so Dak Prescott played only two series and Ezekiel Elliott watched from the sideline. Carson Wentz tossed two TD passes to Zach Ertz to help Philadelphia finish with a two-game winning streak. Prescott was 4 for 8 for 37 yards before giving way to Romo, who hadn't played in a regular-season game since Thanksgiving 2015 when he broke his left collarbone for the second time in less than three months. Romo broke a bone in his back in the third preseason game against Seattle this season, paving the way for Prescott to have one of the best years by a rookie quarterback in NFL history. BUCCANEERS 17, PANTHERS 16 TAMPA, Florida (AP) — Jameis Winston threw for 202 yards and one touchdown as the Buccaneers broke up Cam Newton's 2-point conversion throw in the closing seconds for their first winning season in six years. Winston threw a 10-yard pass to Mike Evans to snap a fourth-quarter tie and became the first player in NFL history to start his career with consecutive 4,000-yard seasons. But the Bucs (9-7) were eliminated from playoff contention, not getting the help they needed in other games for their first berth since 2007. Winston's franchise record-setting 28th TD pass put the Bucs ahead 17-10 with 3:10 remaining. Newton, however, moved the Panthers (6-10) right down the field, with help of a 47-yard pass to Kelvin Benjamin and two fourth-down completions to set up a 5-yard scoring pass to trim Carolina's deficit to one with 17 seconds left. VIKINGS 38, BEARS 10 MINNEAPOLIS (AP) — Sam Bradford concluded his first season with Minnesota with three first-half touchdown passes. Bradford went 25 for 33 for 250 yards and one interception, finishing with a 71.6 percent completion rate to set an NFL single-season record. Kyle Rudolph caught 11 passes for 117 yards and a score for the Vikings (8-8), who started 5-0 before stumbling out of their bye week and never recovering. The Bears (3-13) wound up with their fewest wins in a non-strike year since 1973 after turning the ball over five times. Everson Griffen returned one of their three lost fumbles for a touchdown. Jordan Howard, the lone bright spot, rushed for 135 yards on 23 carries to break Matt Forte's franchise rookie record and finish with 1,313 yards for the season for Chicago. COLTS 24, JAGUARS 20 INDIANAPOLIS (AP) — Andrew Luck threw a 1-yard touchdown pass to Jack Doyle with 9 seconds left. Indy (8-8) went 75 yards in 84 seconds with no timeouts to avoid its first losing season since 2011, sending retiring linebacker Robert Mathis out with a win in his final NFL game. Jacksonville (3-13) matched the second-worst record in franchise history after blocking a punt with 1:54 to go and breaking a 17-17 tie with 1:33 left. Instead, Luck took the Colts right downfield for the score. Mathis extended his league record of strip-sacks to 41 in the fourth quarter, two days after announcing he would retire. BENGALS 27, RAVENS 10 CINCINNATI (AP) — Andy Dalton completed his first 10 passes, one for a touchdown, and Rex Burkhead ran for a pair of scores in the Bengals' fifth straight win at home over the Ravens. The Bengals (6-9-1) missed the playoffs for the first time in six years. Coach Marvin Lewis says he'll return in 2017. Baltimore (8-8) failed to reach the playoffs for the third time in four years. The Ravens played their final game as if they were emotionally hung over from a last-minute loss at Pittsburgh last Sunday that eliminated them. .....»»

Category: sportsSource:  abscbnRelated NewsJan 2nd, 2017

Monetary policy likely to steady as 2016 ends

THE BANGKO SENTRAL ng Pilipinas (BSP) will likely keep monetary policy steady in its meeting this week despite a fresh rate hike in the United States, according to a BusinessWorld poll of economists who nevertheless expect tightening to start next year......»»

Category: newsSource:  bworldonlineRelated NewsDec 18th, 2016

Front Page: Monetary policy likely to steady as 2016 ends

THE BANGKO SENTRAL ng Pilipinas (BSP) will likely keep monetary policy steady in its meeting this week despite a fresh rate hike in the United States, according to a BusinessWorld poll of economists who nevertheless expect tightening to start next year......»»

Category: financeSource:  bworldonlineRelated NewsDec 18th, 2016

Stock Market: Stocks recoup early losses ahead of Fed meeting

LOCAL EQUITIES closed relatively flat on Tuesday, recovering from losses earlier in the day as investors opted to stay on the sidelines with the US Federal Reserve set to begin a two-day policy review that is widely expected to yield the first interest ra.....»»

Category: financeSource:  bworldonlineRelated NewsDec 13th, 2016

Finance: PHL banks ready for tighter monetary conditions

LOCAL BANKS have already prepared themselves for a likely tightening in domestic interest rates following the US Federal Reserve's anticipated rate hike in their policy meeting this week......»»

Category: financeSource:  bworldonlineRelated NewsDec 11th, 2016