Philippines

BOAO -China is committed to opening up the world’s second-largest economy and delivering reforms that can help stimulate growth, Premier Li Qiang said on Thursday, adding that geopolitical tension would only hold back development worldwide. Li’s comments at an international business summit in the island province of Hainan, are his latest calls for Beijing to bolster its economic recovery in the face of strained relations with the United States and its allies over everything from Russia’s war in Ukraine to technology exports and Taiwan. His comments were delivered on a panel alongside the prime ministers of Malaysia, Singapore and Spain – which all have close trade and diplomatic ti…

Keep on reading: China committed to economic opening up, reforms, Premier Li says

SINGAPORE – The U.S. dollar was on the front foot on Thursday as receding concerns over the banking sector helped improve risk sentiment, with investors switching their attention to the Federal Reserve’s battle against inflation. The dollar index, which measures the currency against six major peers, rose 0.097 percent at 102.73, after gaining 0.19 percent overnight. The index though was on course to clock a 2 percent decline for March due to market tumult induced by problems in the banking industry. “The broader risk sentiment appears sustained as bank contagion concerns continued to fade and a rally in China equities grabs some attention,” said Christopher Wong, a currency strateg…

Keep on reading: Dollar advances as banking crisis fears ease

MANILA, Philippines — Noel Kampton and JM Ronquillo formed a potent combo as La Salle stunned Far Eastern University in five sets, 25-22, 25-27, 20-25, 25-21, 15-12, to boost its Final Four bid in the UAAP Season 85 men’s volleyball tournament on Wednesday at Mall of Asia Arena. Kampton uncorked 23 points built on 19 attacks, two aces, and two blocks, while Ronquillo had 22 points from 20 kills and two blocks to end the Green Spikers’ two-game skid. The hard-hitting pair propelled La Salle from a 1-2 match deficit and delivered the killer blows in the fifth set with Kampton nailing the game-clinching attack to end the two-hour and 48-minute game. “I told them in the fourth…

Keep on reading: UAAP: La Salle rallies past FEU to push men’s volleyball Final Four bid

MANILA, Philippines—Far Eastern University coach Tina Salak was honored to face her mentor Ramil De Jesus in the UAAP Season 85 women’s volleyball tournament. The Lady Tamaraws went down swinging against the Lady Spikers, 28-30, 12-25, 24-26, on Wednesday at Mall of Asia Arena. De Jesus, who just returned last Saturday after missing the first round, still ended up triumphant despite the grit shown by Salak’s young wards. Salak, the former national team setter who earned a Southeast Asian Games bronze medal under De Jesus in 2005, expressed her high respect to the 11-time UAAP champion coach. “Looking back on the experience I had with coach Ramil. For me, coach Ramil had…

Keep on reading: UAAP: FEU coach Tina Salak hopes she made mentor Ramil De Jesus proud

MANILA, Philippines — Chief Justice Alexander Gesmundo on Wednesday encouraged prosecutors to stand firm on their commitment to truth and justice, stressing that they are the “gatekeepers of the judiciary.” Speaking at the 32nd National Convention of the Prosecutors’ League of the Philippines in Davao City, the Supreme Court’s top magistrate reminded them of their deeper role in the justice system than regular lawyers and officers of the court. “Judges rely on the cases you build, the evidence you gather, and the arguments you present in order to make informed and impartial decisions. Without your commitment to truth and justice, the criminal justice system would be rendered …

Keep on reading: Chief Justice Gesmundo says prosecutors are ‘gatekeepers of the judiciary’