Section: Philippines
US stocks finish higher amid global equity rally
NEW YORK–US stocks Monday finished higher, capping a sunny day for global markets in a rally that gained force from a more optimistic perception of conflicts in Ukraine and Iraq. The Dow Jones Industrial Average rose 16.05 points (0.10 percent) at 16,569.98. The broad-based S&P 500 gained 5.33 (0.28 percent) to 1,936.92, while the...
Asian markets rebound as Iraq fears wane
HONG KONG–Asian markets rose Monday following widespread falls last week, after Wall Street shrugged off fears over instability in Iraq and Ukraine. Tokyo rebounded 2.38 percent, closing up 352.15 points at 15,130.52 and making up much of the 2.98 percent dip it suffered Friday after US President Barack Obama’s announcement that he...
First MH17 crash report ‘in weeks’ – Dutch investigators
THE HAGUE – Dutch air crash investigators said Monday they expect to release an initial report into what brought down flight MH17 over Ukraine with the loss of 298 lives “in a few weeks”. There were 193 Dutch citizens aboard the Malaysia Airlines 777 when it exploded over strife-torn eastern Ukraine on July 17 and the Dutch are...
Ukraine rocket attack leads to mass jail breakout
Donetsk, Ukraine — Local authorities say more than 100 prisoners have fled from a high-security facility after it was hit by shelling in the rebel stronghold of Donetsk in eastern Ukraine City council spokesman Maxim Rovensky said Monday a jail riot was precipitated by a direct rocket hit that claimed the life of at least one inmate....
Dollar steady in Asia trade
TOKYO — The dollar stabilized Monday morning, following a sharp drop against the yen after last week’s announcement that US President Barack Obama had authorized air strikes in Iraq. The dollar strengthened to 102.17 yen in Tokyo morning trade, against 102.06 yen in New York late Friday and 101.81 yen in Tokyo Friday afternoon. The...
Rebels fire at Ukraine medical chopper, force emergency landing
KIEV–Ukrainian forces said Friday that rebels in the conflict-torn east had opened fire on a medical evacuation helicopter, injuring the three crew on board and forcing it to make an emergency landing. The incident occurred late Thursday near the airport of Lugansk, the second largest rebel-held city, the military said in a statement....
Ship with 18 Filipinos stranded in Delaware River
* Nikol H’s owner hasn’t paid bills * Coast Guard demands repairs * But crew getting food, pay PHILADELPHIA, Pennsylvania — A Greek-owned cargo ship with an Egyptian captain, one Ukrainian and 18 Filipino seamen has been stranded in the Delaware River for nearly three months because its owner has not paid bills since April and...
Canada will send military supplies to Ukraine
TRENTON, Ontario — Canada says it is sending non-lethal military equipment to Ukraine to help the country protect its eastern border against Russia. Defense Minister Rob Nicholson said Thursday that Canada will deliver helmets, ballistic eyewear, protective vests, first aid kits, tents and sleeping bags to Ukrainian troops. Russia has...
Western farmers take hit from Russia food ban
WASHINGTON — Russian diners won’t be able to find creamy Dutch cheeses or juicy Polish apples in the grocery store or cook up chicken from the United States. That’s all the result of a Russian ban on most food imports from the West. Although the U.S., Canada and the European Union together will take more than a $17.5 billion...
US stocks rise despite sanctions, deal disappointments
NEW YORK–US stocks Wednesday edged higher despite new Russian sanctions against the West and amid disappointing news that major potential media and telecom mergers fizzled. The Dow Jones Industrial Average gained 13.87 points (0.08 percent) to 16,443.34. The broad-based S&P 500 was essentially flat, rising 0.03 of a point to 1,920.24,...
