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MANILA, Philippines — Investors stayed cautious on Monday ahead of the interest rate-setting of the Bangko Sentral ng Pilipinas (BSP), with the local bourse dipping near the 6,000 barrier. By the closing bell, the benchmark Philippine Stock Exchange Index (PSEi) lost 1.92 percent, or 117.87 points, to 6,037.12. The broader All Shares Index likewise shed 1.27 percent, or 46.37 points, to close at 3,617.27. A total of 716.6 million shares worth P5.69 billion changed hands, stock exchange data showed. READ: Rising risk and opportunity to buy the market Foreigners were net sellers, with foreign outflows totaling P438.19 million. Luis Limlingan, […]…

Keep on reading: Interest rate jitters spook investors

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Washington, United States — US President Donald Trump on Monday made good on a promise to slap 25 percent tariffs on steel and aluminum imports, stepping up a long-promised trade war despite warnings from Europe and China. The Republican president had unveiled the policy on Sunday aboard Air Force One while flying to the Super Bowl in Louisiana. Before he signed executive orders imposing the measures, global stock markets rose as traders with “tariff fatigue” appeared to shrug off Trump’s plans. “Today I’m simplifying our tariffs on steel and aluminum,” Trump said in the Oval Office. “It’s 25 percent without […]…

Keep on reading: Trump signs executive orders on steel, aluminum tariffs

MANILA, Philippines — Cloudy skies and rains will prevail over Metro Manila and 12 other areas on Tuesday (Feb. 12) due to the northeast monsoon or amihan, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa). In a morning forecast, Pagasa weather specialist Rhea Torres said Metro Manila, Cagayan Valley, Cordillera Administrative Region, Bataan, Bulacan, Nueva Ecija, Pampanga, Tarlac, Zambales, Cavite, Batangas, Rizal and Laguna will see cloudy skies with rains due to the northeast monsoon. “Patuloy ang pag-iral ng hanging amihan or northeast monsoon at magdudulot din po ito ng mga pag-ulan sa malaking bahagi ng Northern […]…

Keep on reading: Cloudy skies, rain expected in NCR, 12 other areas due to northeast monsoon

A University of Birmingham study found that school phone bans are not enough to improve students’ health and academic performance. “There is no evidence that restrictive school policies are associated with overall phone and social media use or better mental well-being in adolescents,” the researchers wrote. READ: Playing video games three hours daily boosts mind health Dr. Victoria Goodyear, the study’s lead author, told the BBC that the study isn’t “against” smartphone bans in schools. “What we’re suggesting is that those bans in isolation are not enough to tackle the negative impacts,” she added.  The first-ever study on school phone […]…

Keep on reading: School phone bans alone do not boost well-being, grades, says a UK study

Tech insider 9to5Google reveals Google is allegedly testing its “AI Mode” for its online search engine.  It says the new feature offers a “persistent place to ask more open-ended or exploratory questions and get generated AI Overview-style responses.”  READ: Apple warns not to put wet iPhones in rice The website claims to have seen details of the Google AI Mode in an internal company email, which says:  “Search intelligently research[ing] for you — organizing information into easy-to-digest breakdowns with links to explore content across the web.”  Google gave employees example queries for AI Mode’s target users:  Google AI Mode uses […]…

Keep on reading: Google AI Mode has reportedly started internal testing

MANILA, PHILIPPINES — Mench Dizon has become the first Filipina to complete the World Marathon Challenge and the World Marathon Majors. The World Marathon Challenge is one of the most rigorous endurance events in the world.  READ: YGG Play Summit discusses the future of work Contestants run seven marathons on seven continents in seven days; a 7-7-7 combo of physical stamina, mental strength and sheer willpower.  Specifically, Dizon ran back-to-back 42.2-kilometer races in the following locations:  This grueling challenge also put Dizon against extreme weather conditions, jet lag and minimal recovery time. Nevertheless, she crossed the final finish line in […]…

Keep on reading: Mench Dizon is 1st Filipina to complete World Marathon Majors

BUTUAN CITY — Village leaders in Bayugan City, Agusan del Sur hailed the completion of a new farm-to-market road (FMR) that will connect their barangays to the province’s market centers, benefiting over 2,800 rubber farmers. The 4.7-km. Bucac-Marcelina FMR, with a budget of P59 million, was officially handed over to barangays San Isidro, Burac and Marcelina on Feb. 7. Implemented by the Department of Agriculture in Caraga Region (DA-13) under the Philippine Rural Development Project, the road will ease travel difficulties and improve market access for villagers. “This completed project symbolizes progress and hope for our village,” said Barangay Captain […]…

Keep on reading: Farm-to-market road to benefit over 2,000 rubber farmers in Bayugan City

DUMAGUETE CITY — The Commission on Elections (Comelec) here will undertake “Oplan Baklas” or the taking down of campaign materials placed in non-designated areas on Tuesday, the start of the 90-day campaign period for national candidates. Negros Island Region (NIR) Election Director Lionel Marco Castillano told the Philippine News Agency it is a simultaneous nationwide event where promotional materials of candidates in the May 12 national and local elections will be removed from public places not included in approved areas. “We will be taking down posters and other campaign materials not only of national candidates but also local bets as […]…

Keep on reading: Comelec-Negros Island Region to tear down illegal campaign materials

NEW ORLEANS — There was no on-field celebration for Taylor Swift and Travis Kelce after this Super Bowl. Only consolation far away from the prying TV cameras. The pop superstar turned up at the big game for the second consecutive year as her boyfriend and the Kansas City Chiefs tried to make history by winning a third consecutive Lombardi Trophy. Instead, Swift found herself booed by a pro-Eagles crowd and then had to endure their countless cheers as Philadelphia rolled to a 40-22 victory at the Superdome. Last year, Swift and Kelce locked lips on the field at Allegiant Stadium […]…

Keep on reading: Taylor Swift: Why she was booed at the Super Bowl?