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NEWS
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SOME HEADLINES OF THE DAY...

NEWS

PHILIPPINES

Locsin: Arbitral award helpful in clarifying maritime issues

Locsin: Arbitral award helpful in clarifying maritime issues

Willard Cheng, ABS-CBN News
Aug 04 04:37 AM

MANILA – Foreign Affairs Secretary Teodoro Locsin, Jr. said disputes in the South China Sea should be resolved peacefully in accordance with international law, citing the 2016 arbitral award as “most helpful in clarifying maritime issues.” Read more »

 
Mga produktong Pinoy, bumida sa Seoul food expo 2021

Mga produktong Pinoy, bumida sa Seoul food expo 2021

Gennie Kim | TFC News South Korea
Aug 03 08:25 PM | Updated Aug 03 10:03 PM

Umarangkada na ang taunang Seoul Food Expo sa South Korea. Sa kabila ng ilang limitasyon dahil sa pandemya, tinangkilik pa rin ang mga produktong Pinoy tulad ng okra, saging at pinya.  Read more »

Solons hit 'swift' House nod on Maynilad, Manila Water franchises

Solons hit ‘swift’ House nod on Maynilad, Manila Water franchises

RG Cruz, ABS-CBN News
Aug 03 07:44 PM

The Makabayan bloc on Tuesday called out their colleagues in the House of Representatives after it approved on final reading bills granting water concessionaires Maynilad and Manila Water with a fresh 25-year congressional franchise each, contrary to what a House panel did to ABS-CBN last year.  Read more »

NEWS

INTERNATIONAL

US meetings with ASEAN will include China concerns, but no call to pick sides

US meetings with ASEAN will include China concerns, but no call to pick sides

Owen Churchill, South China Morning Post
Aug 03 09:29 PM

The United States will raise concerns about China’s human rights record and “coercion” in the South China Sea during ministerial meetings with Southeast Asian countries this week, yet will not force countries in the region to pick sides in the ongoing US-China spat, a senior US official said on Monday.   Read more »

 
Japan to hospitalize only most serious COVID-19 cases in surge

Japan to hospitalize only most serious COVID-19 cases in surge

Linda Sieg and Akiko Okamoto, Reuters
Aug 03 02:19 PM

Japan will hospitalize only COVID-19 patients who are seriously ill and those at risk of becoming so while others isolate at home, officials said, as worries grew about a strained medical system amid a surge in Olympics host city Tokyo and elsewhere. Read more »

SPORTS

Tennis: Alex Eala marks WTA 250 debut with victory

Tennis: Alex Eala marks WTA 250 debut with victory

Rosy Mina
Aug 03 11:59 PM | Updated Aug 04 04:25 AM

MANILA — Wildcard Alex Eala of the Philippines won her first ever Women’s Tennis Association (WTA) main draw match by posting a comeback in the opening round of the Winners Open 2021 Tuesday in Cluj-Napoca, Romania. Read more »

 
No losers here

No losers here

Luis Robayo, AFP
Aug 03 05:44 PM

Winner Sena Irie (blue) of Japan and second-placer Nesthy Petecio of the Philippines celebrate after their women’s feather (54-57kg) boxing final bout during the Tokyo 2020 Olympic Games at the Kokugikan Arena in Tokyo on Tuesday. Read more »

Pinoys cheer for Nesthy Petecio

Pinoys cheer for Nesthy Petecio

Mark Demayo, ABS-CBN News
Aug 03 03:04 PM

A man reacts as bystanders watch the finals of the Tokyo Olympics women’s featherweight finals between Filipina boxer Nesthy Petecio and Sena Irie from Japan at a tricycle terminal in Quezon City on Tuesday.  Read more »

BUSINESS

 
ADB, Citi, HSBC, Prudential hatch plan for Asian coal-fired closures: sources

ADB, Citi, HSBC, Prudential hatch plan for Asian coal-fired closures: sources

Clara Denina and Melanie Burton, Reuters
Aug 03 05:38 PM | Updated Aug 03 07:31 PM

Financial firms including British insurer Prudential, lenders Citi and HSBC and BlackRock Real Assets are devising plans to speed the closure of Asia’s coal-fired power plants in order to lower the biggest source of carbon emissions, five people with knowledge of the initiative said. Read more »

Assistance to MSMEs to continue during new lockdown: DTI

Assistance to MSMEs to continue during new lockdown: DTI

ABS-CBN News
Aug 03 03:55 PM

The new lockdown this month will prevent an “uncontrollable” surge in cases of the new COVID-19 Delta variant, Trade Secretary Ramon Lopez said Tuesday as he assured small businesses that assistance, in the form of zero-interest loans, would continue. Read more »

IMF officially approves increased lending capacity

IMF officially approves increased lending capacity

Agence France-Presse
Aug 03 10:57 AM

The board of governors of the International Monetary Fund on Monday greenlit increasing the institution’s lending capacity by $650 billion, the last step in approving an initiative to boost aid to the most vulnerable countries.   Read more »

US stocks edge down on virus woes, slowing economy

US stocks edge down on virus woes, slowing economy

Echo Wang, Reuters
Aug 03 09:31 AM

The S&P 500 Index closed slightly lower on Monday after erasing early gains as worries about the Delta variant of the coronavirus and a slowing US economy overshadowed optimism around more fiscal stimulus and a strong second-quarter earnings season. Read more »

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