World's biggest economies worried over Europe

  • Earthquake strikes Quezon; shocks felt in metro

    Earthquake strikes Quezon; shocks felt in metro

    Yahoo! Southeast Asia Newsroom
    Earthquake strikes Quezon; shocks felt in metro

    A magnitude 4.4 earthquake struck Quezon province at around 7 p.m. Wednesday, with shocks felt in many cities in Metro Manila. …

  • Pagasa: New LPA spotted as 'Emong' moves away

    Pagasa: New LPA spotted as 'Emong' moves away

    Yahoo! Southeast Asia Newsroom
    Pagasa: New LPA spotted as 'Emong' moves away

    Tropical Storm “Emong” may be on its way out of the country but experts say the weather won’t be improving until next week. …

  • Top Pagasa official quits amid storm

    Top Pagasa official quits amid storm

    Yahoo! Southeast Asia Newsroom
    Top Pagasa official quits amid storm

    Amid heavy downpour caused by a tropical storm's impact on the southwest monsoon, the weather bureau's top official official quit his post. …

  • PNP eyes P2-billion deal for new cars

    PNP eyes P2-billion deal for new cars

    Yahoo! Southeast Asia Newsroom
    PNP eyes P2-billion deal for new cars

    The Philippine National Police (PNP) hopes to procure more than 2,500 police vehicles in a bid to increase police visibility and improve their movement nationwide. …

  • PHL shares plunge at open on US Fed's QE tapering by year-end

    GMANews

    Philippine share prices fell steeply at early trades Thursday after the US Federal Reserve confirmed it will slowly scale back its massive bond-buying program known as quantitative easing (QE) later this year before ending it in 2014. …

Asia-Pacific leaders will vow Sunday to fight protectionism in an effort to defend the stuttering global economy from the eurozone crisis and multiple other threats.

The 21-member Asia Pacific Economic Cooperation (APEC) group, meeting in the Far East Russian city of Vladivostok, includes the world's three biggest economies -- the United States, China and Japan.

A draft of the statement to be released after their two-day summit and obtained by AFP reflected worries over the impact of Europe's debt crisis on growth in the APEC region, which accounts for nearly half of all world trade.

"The events in Europe are adversely affecting growth in the region," it said, although it also welcomed European leaders' commitment to "take all necessary measures" to prevent a break-up of the monetary union.

The leaders pledged in the draft statement to strengthen demand in their own countries, cut public debt and refrain from raising new trade barriers.

In a speech Saturday, Chinese President Hu Jintao said China's own economic growth faced "notable downward pressure", but pledged Beijing would keep the world's second largest economy on an even keel to support global growth.

On Saturday, summit host President Vladimir Putin urged his fellow leaders from the bloc, which spans the Pacific Rim from China to Chile, to remain united amid the global pressures.

"By getting together and lifting barriers, we encourage dynamic development of the entire Asia-Pacific region and the global economy in general. It is important to build bridges, not walls," he said.

A number of territorial rows risked overshadowing the meeting's trade agenda, with APEC giants China and Japan, along with South Korea, Russia and others embroiled in various disputes that have fanned nationalist flames.

In the wake of the spats, Japanese Prime Minister Yoshihiko Noda said he would not hold customary talks with China's Hu nor South Korean President Lee Myung-Bak.

At a press briefing in Vladivostok on Saturday, Chinese foreign ministry spokesman Qin Gang reaffirmed his country's claims to Japan-controlled islands in the East China Sea known as Senkaku in Japan and Diaoyu in China.

"(The) Japan side should face squarely the strong resolve and determination of the Chinese government and people to safeguard national sovereignty and territorial integrity," Qin said.

US-Chinese relations are also heating up over the South China Sea, virtually all of which is claimed by Beijing. Vietnam, the Philippines, Taiwan, Brunei and Malaysia -- all APEC members -- have competing claims to parts of the sea.

China has been riled by US lobbying for a code of conduct for the strategic sea and its insistence on freedom of navigation.

A US official said Secretary of State Hillary Clinton, standing in for President Barack Obama, discussed Japan's island disputes with Noda.

She was to meet Sunday with South Korea's Lee, who has infuriated Tokyo, a fellow US ally, by visiting disputed islands controlled by Seoul.

The US official said Clinton and Putin met separately for 15 minutes and spoke throughout a 90-minute dinner for APEC leaders Saturday, when they sat next to each other.

In their formal meeting, Clinton and Putin discussed the crisis in Syria. Moscow and Washington are sharply at odds over how much to pressure Russian ally President Bashar al-Assad, the US official said.

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  • Earthquake strikes Quezon; shocks felt in metro
    Earthquake strikes Quezon; shocks felt in metro

    A magnitude 4.4 earthquake struck Quezon province at around 7 p.m. Wednesday, with shocks felt in many cities in Metro Manila. …

  • Huawei launches world's slimmest smartphone
    Huawei launches world's slimmest smartphone

    LONDON (Reuters) - China's Huawei unveiled its flagship smartphone, the Ascend P6, at its first standalone launch event on Tuesday, underlining its ambitions to compete with Apple and Samsung in the top tier of mobile technology. The company says the device, at 6.18 mm thick, is the world's slimmest. It has a 5 megapixel front-facing camera, designed for taking "selfies", or pictures of the owner to be shared on social media networks. The company picked the launch date - 6/18 (June 18) - to tie …

  • Pinoys are world's top gin consumers

    Pinoys are the world’s top gin drinkers and the third rum consumers, a report from The Economist said, citing data from International Wine and Spirit Research. …

  • PH hailed for bringing sea disputes to UN
    PH hailed for bringing sea disputes to UN

    Manila, Philippines --- The Philippines received plaudits during the third annual conference on the South China Sea hosted recently by the Center for Strategic and International Studies (CSIS) in Washington, DC, for bringing its territorial dispute with China over the West Philippine Sea to a United Nations-backed tribunal. …

  • Sotto bats for battered husbands, but...
    Sotto bats for battered husbands, but...

    Manila, Philippines --- Who's afraid of their wives? …

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Odd Stories

  • Paris tackles rudeness to tourists with new manual

    Paris tackles rudeness to tourists with new manual

    Reuters - 6 hours ago
    Paris tackles rudeness to tourists with new manual

    PARIS (Reuters) - One of the world's most visited cities but also famous for its rudeness, Paris has embarked on a campaign to improve its reputation and better cater to the needs of tourists. Waiters, taxi drivers and sales staff in the French capital all too often come off as impolite, unhelpful and unable to speak foreign languages say local tourism chiefs, who are handing out a manual with guidelines on better etiquette. ... …

  • Boston poised to begin condom giveaway in high schools

    Boston poised to begin condom giveaway in high schools

    Reuters - 6 hours ago
    Boston poised to begin condom giveaway in high schools

    By Stephanie Simon (Reuters) - Students at all Boston public high schools may soon be able to obtain free condoms at the front office - as long as they sit through a few minutes of counseling about safe sex - under a policy due to be voted on Wednesday by the school board. Condoms are already available in 19 high schools with on-site health centers. The policy, up for a vote by the Boston School Committee, would expand distribution to all 32 high schools in the system. Parents would have the …

  • 'Drunk' claims upset Ukraine parliament budget hearing

    'Drunk' claims upset Ukraine parliament budget hearing

    Reuters - Tue, Jun 18, 2013
    'Drunk' claims upset Ukraine parliament budget hearing

    KIEV (Reuters) - A parliamentary hearing on Ukraine's budget was suspended for several hours on Tuesday after opposition deputies alleged that a deputy finance minister presenting the budget report was drunk. Anatoly Myarkovsky, first deputy finance minister, spoke for 10 minutes on the government's budget performance in 2012. But when questions were invited, deputies from Ukraine's rowdy opposition called out "He's drunk". One shouted: "Anyone within five meters can tell he reeks like someone …

  • Mexican politicians: going to the dogs, er, cats?

    Mexican politicians: going to the dogs, er, cats?

    Reuters - Tue, Jun 18, 2013
    Mexican politicians: going to the dogs, er, cats?

    By Luc Cohen MEXICO CITY (Reuters) - Fed up with politicians they call "rats," a group of friends in the eastern Mexican city of Xalapa have put forward their ideal candidate for mayor: a cat named Morris. Xalapa resident Sergio Chamorro, who adopted the cat in August, said the plan began as a joke between friends borne out of their frustration with the Veracruz state government over freedom of speech. "Fed up of voting for rats? Vote for a cat," reads one campaign poster featuring the black …

  • Royal baby to give almost $400 million bump to British economy

    Royal baby to give almost $400 million bump to British economy

    Reuters - Mon, Jun 17, 2013
    Royal baby to give almost $400 million bump to British economy

    By Belinda Goldsmith LONDON (Reuters) - From Union Jack booties to "Born to Rule" sleepwear, the British royal family has joined retailers in offering baby products to mark the arrival of the royal heir. Analysts estimate the baby fever could boost the economy by 240 million pounds ($380 million). A baby sleepsuit modeled on a guardsman's outfit is one of the gifts on sale at palace shops by the Royal Collection Trust, which uses all profits for the upkeep of the royal palaces. ... …

  • The theater odyssey of Nonon Padilla VERA Files - The Inbox

    By Pablo A. Tariman, VERA Files Everyone in the theater circuit agree that the Philstage Gawad Buhay life achievement award in theater for Felix “Nonon” Padilla was well-deserved. Padilla started in Philippine Educational Theater Association (PETA) in the company of … Continue reading → …

  • The near saint from an Igorot mission school VERA Files - The Inbox

    By Elizabeth Lolarga, VERA Files Photos from the book The Odyssey of an Igorot Mission Girl For a woman who formally entered school at age 10, Esperanza Daliwa Somebang of Nadatngan, Mountain Province, travelled far and wide, a great believer … Continue reading → …

  • The evolution of the Filipino teleserye VERA Files - The Inbox

    By Pablo A. Tariman, VERA Files Friday night last week, it seemed everyone who owns a TV set was glued on the final airing of the Channel 2 teleserye, “Ina, Kapatid, Anak” directed by Don M. Cuaresma and Jojo A. … Continue reading → …

  • Quezon City courts go digital; more transparent system seen VERA Files - The Inbox

    By Mikha Flores, VERA Files The Supreme Court launched on Friday an electronic filing system that will digitize judicial processes in trial courts in Quezon City. Dubbed as “eCourt”, the system uses case management software that will allow judges and … Continue reading → …

  • LGBT Pride Month—more than just about street parties VERA Files - The Inbox

    By Patrick King Pascual, VERA Files Festive street parties, parades and marches usually mark the annual celebration of Pride month in June by the Lesbian, Gay, Bisexual and Transgender (LGBT) community in the country and elsewhere. “But Pride Month is … Continue reading → …

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