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Investors eye CostCo, AbbVie and Joy Global stock on Thursday. MoneyBeat's Kristen Scholer tells why on the News Hub. Photo: Getty

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London mayor Boris Johnson unveils skeletal horse sculpture by German-…

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Controversy surrounding Hillary Clinton's personal emails has some Dem…

  • Sunken Japanese WWII Battleship Located in the Philippines
    Sunken Japanese WWII Battleship Located in the Philippines

    More than 70 years after it sank during World War II, the legendary Japanese battleship Musashi has been discovered off the coast of the Philippines. Billionaire Microsoft co-founder Paul Allen has been leading an expedition to find the Musashi — one of the biggest battleships ever built — aboard his high-tech 414-foot-long (125 meters) yacht, the M/Y Octopus. …

  • US billionaire says WWII Japanese ship found in Philippines AFP News
    US billionaire says WWII Japanese ship found in Philippines

    Microsoft co-founder Paul Allen said Wednesday he had found one of Japan's biggest and most famous battleships on a Philippine seabed, some 70 years after American forces sank it during World War II. Excited historians likened the discovery, if verified, to finding the Titanic, as they hailed the American billionaire for his high-tech mission that apparently succeeded after so many failed search attempts by others. Allen posted photos and video online of parts of what he said was the …

  • Philippines' Aquino promises police commandos extra resources after botched raid Reuters
    Philippines' Aquino promises police commandos extra resources after botched raid

    Philippine President Benigno Aquino promised police commandos better extra resources on Wednesday, weeks after 44 commandos were killed in a clash with Muslim rebels, but declined to answer questions about the botched raid, a senior officer said. On Jan. 25, police commandos sneaked into a southern rebel area to "neutralise" Zulkifli bin Hir, alias Marwan, an al Qaeda-linked bomb maker with a $5 million U.S. bounty on his head. The mission went disastrously wrong for the government when …

  • Ex-crew recognizes photos of sunken Japanese battleship Associated Press
    Ex-crew recognizes photos of sunken Japanese battleship

    TOKYO (AP) — A former crewmember on a Japanese battleship that sank during World War II said Thursday he recognized photos of wreckage discovered this week off the Philippines by a team led by Microsoft co-founder Paul Allen. …

  • Top Asian News at 2:30 p.m. GMT Associated Press

    SEOUL, South Korea (AP) — A knife attack Thursday that injured the U.S. ambassador to South Korea is the latest act of political violence in a deeply divided country where some protesters portray their causes as matters of life and death. The slashing of Ambassador Mark Lippert's face and arm, which left deep gashes and damaged tendons and nerves, was an extreme example, but America infuriates some leftist South Koreans because of its role in Korea's turbulent modern history. …

  • Ringling Bros. phasing out iconic elephant acts by 2018 Associated Press
    Ringling Bros. phasing out iconic elephant acts by 2018

    POLK CITY, Fla. (AP) — The Ringling Bros. and Barnum & Bailey Circus will phase out the show's iconic elephants from its performances by 2018, telling The Associated Press exclusively that growing public concern about how the animals are treated led to the decision. …

  • China lowers 2015 growth target to 'approximately 7%' AFP News
    China lowers 2015 growth target to 'approximately 7%'

    China lowered its 2015 economic growth target to "approximately seven percent" Thursday, scaling down expectations in the face of "formidable" difficulties for the world's second-largest economy after its decades-long boom. The figure announced by Premier Li Keqiang is the lowest since a similar goal in 2004 and comes after China's gross domestic product (GDP) expanded 7.4 percent in 2014, the slowest pace in 24 years. Last year's target was "about 7.5 percent". "With downward pressure on …

  • El Nino finally here; but this 1 is weak, weird and late Associated Press
    El Nino finally here; but this 1 is weak, weird and late

    WASHINGTON (AP) — A long anticipated El Nino has finally arrived. But for drought-struck California, it's too little, too late, meteorologists say. …

  • UN rights chief: discredit IS, give peaceful Muslims courage Associated Press
    UN rights chief: discredit IS, give peaceful Muslims courage

    BERLIN (AP) — The United Nations' human rights chief is advocating an effort to discredit the Islamic State group and encourage peaceful Muslims to take a stand against extremist violence. …

  • Ringling Bros. phasing out iconic elephant acts by 2018
    Ringling Bros. phasing out iconic elephant acts by 2018

    POLK CITY, Fla. (AP) — The Ringling Bros. and Barnum & Bailey Circus will phase out the show's iconic elephants from its performances by 2018, telling The Associated Press exclusively that growing public concern about how the animals are treated led to the decision. …

  • China lowers 2015 growth target to 'approximately 7%' AFP News
    China lowers 2015 growth target to 'approximately 7%'

    China lowered its 2015 economic growth target to "approximately seven percent" Thursday, scaling down expectations in the face of "formidable" difficulties for the world's second-largest economy after its decades-long boom. The figure announced by Premier Li Keqiang is the lowest since a similar goal in 2004 and comes after China's gross domestic product (GDP) expanded 7.4 percent in 2014, the slowest pace in 24 years. Last year's target was "about 7.5 percent". "With downward pressure on …

  • Kerry tries to reassure Iran's Gulf rivals on nuclear talks Reuters
    Kerry tries to reassure Iran's Gulf rivals on nuclear talks

    By Arshad Mohammed RIYADH (Reuters) - U.S. Secretary of State John Kerry told Gulf Arab states on Thursday Washington was not seeking a "grand bargain" with Iran, and said a nuclear deal with Tehran would be in their interests. The United State's Gulf allies, particularly the Sunni Muslim kingdom of Saudi Arabia, are concerned that Shi'ite Iran will gain from any agreement to end years of dispute over its nuclear ambitions. "Even as we engage in these discussions with Iran around its nuclear …

  • On the wild slide: Lake Placid site offers skeleton rides Associated Press
    On the wild slide: Lake Placid site offers skeleton rides

    LAKE PLACID, N.Y. (AP) — Sledding can be pleasant and pastoral, with big toboggans, snowy hills and rosy cheeks. And then there's skeleton sledding: belly down, head first on a sled the size of a throw rug, hard ice whooshing by your face. …

  • Average US rate on 30-year mortgage drops to 3.75 percent Associated Press
    Average US rate on 30-year mortgage drops to 3.75 percent

    WASHINGTON (AP) — Average long-term mortgage rates have fallen for the first time in four weeks and remain near historic lows reached in May 2013. …

  • Online child abuse moving to Skype, Bitcoin: Europol
    Online child abuse moving to Skype, Bitcoin: Europol

    Hi-tech criminals are increasingly selling live streams of child sex over legitimate chat sites and apps such as Skype for hard-to-trace virtual currencies like Bitcoin, Europe's policing agency warned on Tuesday. "Criminals that sexually exploit children online are becoming more entrepreneurial with technological developments and are profiting financially," Europol said in a special report on commercial sexual exploitation of children online. Compiled by Europol's EC3 cybercrime centre, …

  • Health checks by smartphone raise privacy fears AFP News
    Health checks by smartphone raise privacy fears

    Authorities and tech developers must stop sensitive health data entered into applications on mobile phones ending up in the wrong hands, experts warn. "It's an inexorable tide that is causing worries because people are introducing their data into the system themselves, without necessarily reading all the terms and conditions," said Vincent Genet of consultancy Alcimed. The European Commission estimates the market for mobile health services could exceed 17.5 billion euros (19 billion euros) …

  • Done your homework? How to track your kids by smartphone AFP News
    Done your homework? How to track your kids by smartphone

    Among countless new "wearable" gadgets presented this week at the Mobile World Congress trade fair in Barcelona, several companies were peddling brightly-coloured rubber wristwatch devices for four to 11-year-olds. The watches let parents track their child's movements on the screen of their smartphone and receive alerts if the child wanders outside a pre-set "safety zone". The watch lets the child talk via their wrist to authorised adults who have the app on their smartphone. "The idea is …

  • Russian online retailer expects boom despite consumer gloom AFP News
    Russian online retailer expects boom despite consumer gloom

    Russian retailers are being hit by consumers' loss of purchasing power, but Ulmart, the country's version of Amazon, expects to strengthen its position as people begin to count every kopeck. "We are optimistic about this year," said Ulmart board chairman Dmitry Kostygin. Founded in 2008 in Saint Petersburg, Ulmart adapted Amazon's model to Russia's logistics landscape -- bypassing the lumbering postal service to deliver to a network of pickup points located near its customers. It put an …

  • Build-your-own Google handset reconstructs smartphone AFP News
    Build-your-own Google handset reconstructs smartphone

    With a smartphone that slots together piece by piece like Lego, US Internet giant Google is trying to reinvent the mobile as most phone makers are honing sleeker handsets. The company aims to challenge its rival Apple's thin iPhones with the Google Ara project, giving smartphone aficionados the option to build their phone themselves. Anlysts say tech boffins will love it but remain cautious about how popular it may be compared to polished conventional smartphones that sit snugly in the palm. …

LATEST BLOGS

  • ‘When I’m onstage, I belong to you’ - Nelly Miricioiu

    ‘When I’m onstage, I belong to you’ - Nelly Miricioiu

    Soprano Nelly Miricioiu, whose roots are in Romania, has been called many things, including “a traitor to her country” when she defected to Western Europe. She experienced being snubbed and ignored by her countrymen despite the accolades heaped on her when she conquered Covent Garden in the United Kingdom, La Scala in Italy, the Metropolitan Opera in New York. More »

  • Story of Marcos-era mosquito press relevant as ever

    Story of Marcos-era mosquito press relevant as ever

    It’s not even past,” wrote the great William Faulkner, a Nobel laureate for literature. The past is clearly never dead in the new documentary Portraits of Mosquito Press by JL Burgos about the assault on press freedom, and human rights during the  rule of Ferdinand Marcos especially during the Martial Law years. Burgos brings together family members, as well as journalists, to pose for the camera for their photos to be taken. Along the way, they share stories about We Forum and Ang Pahayagang Malaya, alternative media outfits which became known as part of the mosquito press, both published by Jose Burgos, Jr., the filmmaker’s father. More »

  • Learning about Down Syndrome from Celina

    Learning about Down Syndrome from Celina

    In their class, Sakiwat is among the oldest and the only one with Down Syndrome. In a country where one in 800 children is born with the genetic condition every year, the awareness of the disability remains low. For Sakiwat’s parents, it took years before they knew what their daughter had, and many more years before they could send her to a proper special education school. February is National Down Syndrome Consciousness Month, a time to raise awareness about the condition and promote rights of people with the disability to special care, education and services that will allow them to live decent and productive lives. More »

  • Grief lingers a month after the Mamasapano tragedy

    Grief lingers a month after the Mamasapano tragedy

    The old woman sat gravely in a corner of an unfinished classroom in Mamasapano town as an officer from the regional government explained that her group will be receiving complimentary health insurance. The woman’s son Rasul Kamsa had been one of 18 Moro Islamic Liberation Front (MILF) fighters killed when police commandos launched a raid to arrest Malaysian terrorist Zulkifli bin Hir alias  Marwan last Jan. 25. More »

  • Mamasapano tragedy will be a factor in  2016 elections

    Mamasapano tragedy will be a factor in  2016 elections

    Don’t expect the truth about the Jan. 25 Mamasapano tragedy to come from President Aquino. He had one whole month to tell the Filipino people about his role in the debacle that claimed the lives of 44 members of the Special Action Force of the Philippine National Police, 18 members of the Moro Islamic Liberation Front and six civilians including an eight-year old girl who was hit in the crossfire. Jan. 30 necrological service at Camp Bagong Diwa, and Feb. 6 to announce his acceptance of the resignation of suspended Police Chief Alan Purisima. More »

  • PNP to Aquino: Provide answers and accountability

    The Philippine National Police’s Board of Inquiry is considering the possibility President Benigno Aquino III may have been on top of, or fully aware of, the Jan. 25 Mamasapano operation in Maguindanao that resulted in the death of 44 troopers of the PNP’s Special Action Force. The BOI, now almost done with its probe, is looking into how deep the president’s involvement was in the operation to hunt down terrorists Zulkilfi Bin Hir and Basit Usman, considering that 2014 was a banner year in the government’s campaign to arrest high-profile fugitives, with the president himself announcing the operations and subsequent arrests. Among the fugitives arrested last year were businessman Delfin Lee, the Communist Party of the Philippines leaders Benito and Wilma Tiamzon, and former general Jovito Palparan. The source said President Aquino could have spared himself and the country the political crisis it is in had he only taken quick responsibility for Mamasapano, which also left 18 members of the Moro Islamic Liberation Front and at least two civilians dead. More »

  • Spreading love, hope for kids with Down Syndrome

    Spreading love, hope for kids with Down Syndrome

    Children with Down Syndrome need support from family members, beginning with acceptance. Early morning Sunday, the Bangcailans, a family of five,rushed to reach the Freedom Park in Davao City to join for the first time this year’s Happy Walk. They did it for Shawnn Noel, their two-year-old son with Down Syndrome. A yearly event to highlight the National Down Syndrome Consciousness Month celebration, Happy Walk is devoted to promoting positive attitudes like love and hope, instead of disappointment, fear or anger for kids with the disability. More »