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Read previewFormer President Donald Trump upended the election tradition of "balancing the ticket" when he picked Ohio Sen. JD Vance as his running mate. Vance, a former Trump critic turned MAGA stalwart, has voiced foreign policy views in lockstep with Trump. "I think Trump's tenure has shown that fears of abandonment or ignorance of politics in Asia are overblown," he said. US-China relations won't change much, whether it's Trump or Biden at the wheelEven though Trump started the US-China trade war, experts say that China won't be too bothered if he returns to the White House. AdvertisementFor one, the Biden administration has kept most of Trump's China tariffs in place.
Persons: , Donald Trump upended, Ohio Sen, JD Vance, MAGA, Asia that's, Vance, Trump, Dylan Loh, Loh, Chong Ja Ian, It's, it's Trump, Biden, NTU's Loh, Joe Biden hasn't, Kevin Chen, Mr Trump, Chen Organizations: Service, Trump, Business, Pacific, Asia, Nanyang Technological University, NTU, National University of Singapore, NATO, Democrat, Republican, NTU's, Rajaratnam, of International Studies Locations: Asia, lockstep, China, Ukraine, Europe, Japan, South Korea, Taiwan, Philippines, South China, France, Beijing, Pacific
AP —Relatives of passengers killed when Malaysia Airlines Flight 17 was shot down over Ukraine gathered with officials at Australia’s Parliament House on Wednesday to mark the 10th anniversary of the tragedy that claimed 298 lives. So in that sense, I’m heartbroken that the conflict continues,” Paul Guard told Australian Broadcasting Corp (ABC). Relatives of MH17 passengers join officials at Australia's Parliament House in Canberra. The investigation concluded the missile was driven into Ukraine from a Russian military base near the city of Kursk and returned there after the plane was shot down. Putin said through an interpreter that Ukrainians were all fascists, had brought down MH17 themselves and that Ukraine had no right to exist, Abbott said.
Persons: Paul, Roger, Jill Guard, ” Paul, fatefully, MH17, Mick Tsikas, Penny Wong, , , ” Wong, recommit, Mark Dreyfus, we’ve, ” Dreyfus, Pierre Crom, Tony Abbott, Abbott, Vladimir Putin, Putin, ” Abbott, Russia Organizations: Malaysia Airlines, Paul Guard, ” Paul Guard, Australian Broadcasting Corp, Boeing, European, of Human, International Civil Aviation Organization Council, House, Australian, , Australian Attorney, Australia, . Security, Aircraft Missile Brigade, Economic Cooperation, ABC Locations: Ukraine, Australia’s, Toowoomba, Russia, Soviet, Russian, Moscow, Ukrainian, Netherlands, Australia, Australia's, Canberra, Schiphol, Malaysian, Kuala Lumpur, Grabovo, Malaysia, Indonesia, United Kingdom, Belgium, Germany, Philippines, Canada, New Zealand, Vietnam, Israel, Italy, Romania, United States, South Africa, Kursk, Asia, Beijing, Australian
It's a juicy prize for winning a generative AI coding competition hosted by Inriver's owners, private equity firm Thomas H. Lee. It's one way the Boston-based buyout firm has been able to implement generative AI coding assistants among its portfolio of middle-market companies. The goal is to accelerate software development so that portfolio companies can do more work with the same amount of resources. He also persists that deploying generative AI coding assistants is not a cost exercise, but a means to productivity. Now, the key for the SRG is educating portfolio companies on what problems AI can fix and which it can't.
Persons: Thomas H, Lee, Mark Benaquista, Benaquista, THL, Github, Alex Sabel, Sabel, Jagjit Singh, He's, Singh, it's Organizations: Service, THL's Strategic Resources Group, Engineering, THL, Boston, Apple Watch, Apple Locations: Philippine, Boston, genAI, India, Netherlands, Philippines
I got inked by the world’s oldest tattoo artist
  + stars: | 2024-07-10 | by ( Kathleen Magramo | ) edition.cnn.com   time to read: +11 min
Buscalan, Philippines CNN —The first sound I heard upon reaching Buscalan was that of heaving and panting. At 107 years old, Whang-Od is the world’s oldest tattoo artist. She was dressed in a loose, colorful tie-die shirt and bold patterned pants, her own tribal tattoos on full display. Photos, identification cards and other mementos left by visitors on the thatched roof of the hut where Whang-Od's grandnieces (and apprentices) tattoo. “(My friends who gave tattoos) have all passed away,” Whang-Od told CNN in an interview in 2017.
Persons: Philippines CNN —, didn’t, She’s, , she’s, Girlie, Od, overworking, Kathleen Magramo, Emmett, , , Kent Donguines, Emmett Sparling, Lars Krutak, Hunter, Michelle Dee, Whang, batok, Krutak, ” Krutak, ” Whang, that’s, I’m, Grace Palicas Organizations: Philippines CNN, CNN, American Catholic, Rice, Warner Bros, Vogue Philippines, Miss Universe Philippines, Wigan Locations: Philippines, Buscalan, Kalinga, Canadian, Manila
Japan and Philippines' defense pact signed on Monday seeks to counter China's increasing aggression in the region and create deterrence that goes beyond reliance on the U.S., experts told CNBC. The RAA marks Japan's second such agreement with a country in the Asia-Pacific region, following similar agreements with Australia in 2022. The treaty must be ratified by the appropriate legislative bodies of the Philippines and Japan before coming into force. Kamikawa called the signing of the RAA "a great achievement" for the two countries to further strengthen security and defense cooperation. "Both countries have maritime territorial disputes with China, and they are facing increasingly assertive and aggressive Chinese naval forces," Yaacob added.
Persons: Fumio Kishida, Ferdinand Marcos Jr, Thomas Shoal, Gilberto Teodoro, Yoko Kamikawa, Ferdinand Romualdez Marcos Jr, Teodoro, Rahman Yaacob, Kamikawa, Yaacob Organizations: Japan's, ASEAN, Japan, CNBC, Philippine Defence, Japan's Official Security, Southeast Asia, Lowy Institute Locations: Philippines, Tokyo, Japan, China, South China, Manila, Philippine, Asia, Pacific, Australia
“It’s an intimidation on the part of the China Coast Guard,” Tarriela said during a forum on Saturday, according to a Reuters report. Powell and other analysts say intimidation is one of the main jobs of the CCG-5901, which is larger than any regular coast guard ship in the world (a specialty US Coast Guard icebreaker is bigger) and even outsizes US Navy destroyers. The US Coast Guard, for instance, is part of the US Department of Homeland Security, not the Defense Department, although US Coast Guard vessels can come under US Navy control in certain scenarios. The China Coast Guard is part of the country’s People’s Armed Police, which is under the command of the Central Military Commission. The China Coast Guard “doesn’t want to be outdone thus this monster came along to show who’s got a bigger set of muscles,” Koh said.
Persons: , Jay Tarriela, Sabina Shoal, Tarriela, BRP Teresa Magbanua, , ” Tarriela, “ We’re, we’re, Shoal, wasn’t, Ray Powell, SeaLight, ” Powell, Powell, Arleigh Burke, , ” Carl Schuster, Collin Koh, Teresa Magbanua, who’s, ” Koh Organizations: CNN, Philippine, Philippine Coast Guard, China Coast Guard, United, Coast, National Security, BRP, Stanford University, Coast Guard, US, Guard’s National Security Cutters, Chinese Coast Guard, CNN Coast, US Coast Guard, US Department of Homeland Security, Defense Department, Armed Police, Central Military Commission, Analysts, Pacific Command’s Joint Intelligence Center, Guard, Rajaratnam, of International Studies Locations: China, Philippines, Beijing, Manila, South China, Sabina, Spratly, Philippine, Palawan, The Hague, Singapore
Read previewThe world's largest coastguard ship dropped anchor in Manila's exclusive economic zone (EEZ) in the South China Sea earlier this week, the Philippine Coast Guard (PCG) said. "On July 1st, the ship departed from Hainan and entered the Philippines' Exclusive Economic Zone (EEZ) on the following day," he wrote. AdvertisementAn exclusive economic zone is an area of the ocean "beyond a nation's territorial sea, within which a coastal nation has jurisdiction over both living and nonliving resources." Tarriela later told a news forum that the Chinese vessel's moves were "an intimidation on the part of the China Coast Guard." China claims sovereignty over the reef and most of the South China Sea, but an international tribunal ruled in 2016 that China's claims to waters within its "nine-dash line" had no legal basis.
Persons: , Jay Tarriela, Tarriela, We're, we're, Thomas Organizations: Service, coastguard, South China, Philippine Coast Guard, Business, China Coast Guard, BRP, BRP Sierra Madre, Crisis Group, US Naval Institute, Defense, Officials, Department of Foreign Affairs, ICG Locations: South, China, Hainan, Philippines, South China, BRP Sierra, Brussels
Read previewAmid rising tensions with China, the Philippines is planning to buy its first submarine. AdvertisementChina and its neighbors have been at loggerheads for the past decade, after Beijing claimed sovereignty over most of the South China Sea, including islands and resource-rich waters. AdvertisementBut that leaves the question of how readily the Philippines Navy can operate a submarine. Chinese Coast Guard holding knives and machetes as they approach Philippine troops in the disputed South China Sea on June 17, 2024. Armed Forces of the Philippines via AP, FileA single submarine would do little to change the power imbalance between the Philippines and China.
Persons: , Greg Poling, Ferdinand Marcos Jr, Thomas Shoal, Poling, Rodrigo Duterte, You've, Mark Manantan, Manantan, Michael Peck Organizations: Service, Business, Philippine Navy, Washington -, Strategic, International Studies, Diesel, Philippines Navy, Malaysia, Forum, Islamic, Philippine Communist Party, Coast Guard, Armed Forces, AP, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: China, Philippines, Philippine, South China, Asia, Washington, loggerheads, Beijing, Vietnam, Malaysia, Sierra Madre, American, France, Spain, South Korea, Italy, Indonesia, Hawaii, Mindanao, Manila, Asian, Forbes
Armed Forces of the Philippines Chief of Staff General Romeo Brawner speaks during a press conference after a command conference with Philippines' President Ferdinand Marcos Jr. (not pictured) at the military headquarters in Manila on July 4, 2024. Filipino soldiers will "respond appropriately" and defend themselves against "harassment" from Chinese coast guards at the disputed Second Thomas Shoal, chief of Philippines armed forces, Gen. Romeo Brawner Jr. said Thursday. The warning comes after Chinese Coast Guards last month seized and damaged two Philippine ships and injured military personnel on a resupply run to an outpost on the Shoal, according to Philippine officials. Manila asserts that China has been attempting to disrupt resupply runs to a Philippine ship parked on the Shoal since 1999. The latest flare-up had involved an escalation of violence, with the Chinese Coast Guard brandishing knives and axes against their Filipino counterparts.
Persons: Romeo Brawner, Ferdinand Marcos Jr, Thomas Shoal, Romeo Brawner Jr, Brawner, Ferdinand R, Marcos Jr Organizations: Forces, Coast Guards, Chinese Coast Guard Locations: Philippines, Manila, Philippine, China
The only US carrier in the area is on its way to the Middle East following a series of military drills in the Pacific. Sailors conduct flight operations on the deck of the aircraft carrier USS Theodore Roosevelt near Indonesia. The Theodore Roosevelt (CVN 71), a nuclear-powered aircraft carrier is anchored in Busan, South Korea. The aircraft carrier Shandong and a Chinese amphibious assault ship conducted an exercise in the South China Sea earlier this week. AdvertisementLately, China has also ramped up altercations with the Philippines in contested waters in the South China Sea.
Persons: , Theodore Roosevelt Carrier, Vladimir Putin, Kim Jong Un, Roosevelt, Gerald R, Dwight D, Eisenhower, Theodore Roosevelt, Navy Petty, Andrew Benvie, Ronald Reagan, Carl Vinson, Song Kyung Organizations: Service, US Navy, Business, Theodore Roosevelt Carrier Strike Group, North, South Korean, Nimitz, Ford, Navy, Pentagon, Western Pacific, USNI News, Information, AP, South China, Coast Guard Locations: China, South Korea, Japan, North Korea, Gulf of Aden, Israel, Indonesia, Pacific, Russia, Philippines, Western, Eastern Pacific, Hawaii, Philippine, Busan, Shandong, South, Soviet, Liaoning, China's, Fujian, Beijing, South China
Hong Kong CNN —There are a lot of princesses at Hong Kong Disneyland, but not the ones you think. Hair carefully coiffed, and in full makeup Liang Xiaoyu, 18, is dressed for a day out at Hong Kong Disneyland. Noemi Cassanelli/CNNAnd at Hong Kong Disneyland, Disney characters aren’t the sole fashion inspiration for dedicated fans. Li Mengru, 27, poses for a picture during an interview with CNN, at the entrance of Hong Kong Disneyland on June 7, 2024. Yang Yushen, who also goes by Kris, and his partner Jimmy Redinger like the romantic side of Hong Kong Disneyland.
Persons: “ Duffy, , Liang Xiaoyu, Noemi Cassanelli, CNN Liang, Mary Janes, Duffy, Qin Wuxiao, Jessie, it’s, Charmy Chan, Yanni Chung, Judy, Nick Wilde, , Chan, CNN Oscar Yim, Captain America, Marvel, CNN Jing Hongche, Li Sitan, CNN Charmy Chan, Chung, Li Mengru, Chen Xinyu, Li, Chen, Linda Lee, CNN Li, Cassanelli, Yang Yushen, Kris, Jimmy Redinger, Ankh Wong, Kris Yang, Yang, Zootopia, Hercules ”, Redinger, Disney, Mariko Otomo, Nozomi Yasuda, Yuka Izawa, CNN Otomo, China’s “ meng ”, Mariko Otomo kitted, Deng Chundan, CNN Deng Chundan, Le, Godiva, Chow Tai, Gen, ” Shen Jing, CNN Linda Lee, CNN Chen Xinyu, CNN Lee, CNN Chen, lacy Organizations: Hong Kong CNN, Disney, CNN, Hong Kong Baptist University, USA, Captain, Hong Kong Disneyland, Marvel, , Hong, Hong Kong Tourism, Hong Kong Locations: Hong Kong, Guangzhou, Hong, China’s Fujian, Guangdong, Japan, Arendelle, Tomorrowland, Tsim Sha Tsui, China, Southeast Asia, Philippines, Thailand, Singapore, South Korea, Grizzly Gulch, United States, Chinese, Hebei, Asia, Hangzhou
The drive-thru menu at a McDonald's restaurant showing various meal options and promotions, in Buttonwillow in Kern County, California, on 23, 2024. This year, 16% of restaurant operators plan to invest in artificial intelligence, including voice recognition, according to a survey from the National Restaurant Association. Then Covid came, which not only accelerated labor costs but also led to a shift away from dining rooms and toward drive-thru lanes. Then there's Presto Automation , the AI drive-thru technology company which disclosed last year in Securities and Exchange Commission filings that it uses "human agents" in places like the Philippines and India to complete orders. This time, McDonald's likely won't be the first mover.
Persons: Covid, McDonald's, Gee Lefevre, T.D, Cowen, Andrew Charles, That's, Uber, Charles Organizations: National Restaurant Association, IBM, Securities, Exchange Commission, Presto Locations: Buttonwillow, Kern County , California, Philippines, India
Coal-fired power plants in Mariveles, Bataan, the Philippines, on June 6, 2023. Bloomberg | Bloomberg | Getty ImagesThe Philippines' dependency on coal-fired power surged 62% last year, overtaking China, Indonesia and Poland, according to London-based energy think-tank Ember. The Philippines was also the most coal-dependent country in Southeast Asia in 2023, as adoption of renewable electricity generation remained low. Indonesia and the Philippines are the two most coal dependent countries in Southeast Asia and their reliance on coal is growing fast. Ember"To date, dependency on these coal power plants continues."
Persons: Setyawati, , there's Organizations: Bloomberg, Getty, Southeast, Ember Climate, CNBC Locations: Mariveles, Bataan, Philippines, China, Indonesia, Poland, London, Southeast Asia, India
Typically, Americans learn about the clandestine depravities undertaken abroad by their government only decades after the offenses were committed. When the Pentagon was confronted with the report, its spokeswoman didn’t just acknowledge the existence of these sorts of programs; she appeared to defend them. The Reuters report is very much worth reading in full, a showcase of American recklessness in what may already be a new age of Spy vs. Spy psyops. But we’ve had very little reporting, or reckoning, with what the American side of that information war might look like. ), to counter adversary malign influence”; that “this process is deliberate, methodical and comprehensive”; and that this work employs “a variety of platforms, including social media, to counter those malign influence attacks.” The Chinese have been, predictably, more hyperbolic: An editorial in the Chinese Communist Party-run Global Times called the social media campaign simply “brainwashing.”
Persons: Chris Bing, Joel Schectman, didn’t, we’ve, Organizations: Reuters, Department of Defense, Pentagon, Chinese Communist Party, Times Locations: Philippines, Central Asia, China, Russia
Young Asian woman unboxing new purchase clothings from cardboard box that received from her online shopping retail delivery at home. Online shopping, trustworthy parcel delivery serviceGeneration Z in Asia-Pacific is taking fashion cues from idols and influencers, heavily driven by TikTok, a new KPMG report showed. Gen Z ranked social commerce (63%) and livestreaming commerce (57%) as important to their shopping experience, the survey revealed. Social commerce was the most popular form of retail tech among Gen Z – especially in China, Vietnam, Indonesia and the Philippines. Gen Z is known as the first generation to grow up with the internet and digital devices as a part of daily life.
Persons: Gen, Z, Irwan Djaja Organizations: KPMG Locations: Asia, Pacific, China, Singapore, Indonesia, Vietnam, Philippines, KPMG Indonesia
Apple, Nvidia, Qualcomm, AMD, and most other chip designers rely on Taiwan Semiconductor Manufacturing Company to make these crucial components. And its location on the island of Taiwan, which China claims, puts the tech industry and AI's future in a precarious geopolitical position. AdvertisementChris Miller is the author of "Chip War: The Fight for the World's Most Critical Technology." When people understand the true significance of TSMC, they're often pretty shocked at how precarious the chip situation is. But suppose you think there's some chance that it happens.
Persons: Chris Miller, we're, TSMC, couldn't, That's, they've, they're, There's, Jensen Huang Organizations: Service, Apple, Nvidia, Qualcomm, AMD, Taiwan Semiconductor Manufacturing Company Locations: Taiwan, China, Russia, Ukraine, South China, Philippines, Beijing, Taiwan Strait, Washington, Tokyo
A screen displays stock figures at the Taiwan Stock Exchange Corp. headquarters in Taipei, Taiwan, on Monday, Jan. 15, 2024. The Taiwan Weighted Index has surged 28% so far this year, powered by stocks along the AI value chain. While Taiwan may lead Asian markets, Japan seems to be the favored market going forward, among analysts who spoke to CNBC. While most Asian markets are in positive territory year-to-date, three stock markets — Thailand, Indonesia and the Philippines — fell into negative territory. The CME FedWatch tool indicates that 61% of traders expect the Fed to cut rates by 25 basis points in the September meeting.
Persons: Foxconn —, Hai Precision Industry —, Rahul Ghosh, Rowe Price, Ghosh, Ben Powell, Powell, Neel Kashkari, Ken Orchard Organizations: Taiwan Stock Exchange Corp, Bloomberg, Taiwan Semiconductor Manufacturing Corp, Hai Precision Industry, Intelligence, Nikkei, CNBC, BlackRock Investment Institute, Bank of Japan, Federal, U.S, Fed, Minneapolis Federal Locations: Taipei, Taiwan, Asia, Pacific, Japan, BlackRock, Thailand, Indonesia, Philippines, Jakarta, Philippine, U.S
The Marines named the rebuilt landing strip the “Sledge” runway in honor of a veteran of the Peleliu battle, Pfc. The United States must recapitalize islands gained during World War II to form a Second Island Chain of strategic expeditionary points,” Georgulis wrote. For Washington, establishing strong ties to Pacific island states is also seen as a way to keep China from gaining footholds in the region. Along with the runway, US Marines are helping make improvements to the Peleliu Civic Center Museum, to house artifacts from the World War II battle. At an event last month marking the landing of the Marine aircraft on Peleliu, island Gov.
Persons: weren’t, Eugene Sledge, Corbis, Sledge, Grant Georgulis, ” Georgulis, Xi Jinping, Biden, Palauans, Carlos Del Toro, Del Toro, Surangel Whipps, Emais Roberts, Organizations: CNN, Marine Corps, Marines, KC, Heritage Command, 1st Marine Regiment, HBO, ” Troops, First Marine Division, Pentagon, , US Air Force, US Defense Department, Marshall, Xinhua, US Coast Guard, US, Palau, Peleliu Civic Center Museum, Marine, Gov Locations: Peleliu, China, Palau, Okinawa, , Beijing, Japan, Philippines, United States, Marianas, Guam, China’s, Yap, Federated States, Micronesia, Pacific, Washington, Papua New Guinea, Solomon Islands, Palau’s, Koror, South Korea, Taiwan
When Rodrigo Duterte was running for president eight years ago, he vowed to order the police and the military to find drug users and traffickers to kill them, promising immunity for such killings. In the months after, police officers and vigilantes mercilessly gunned down tens of thousands of people in summary executions. Even now, two years after Mr. Duterte left office, there has been little legal reckoning with the wave of killings: Only eight police officers have been given prison sentences, in connection with just four cases, with one verdict that came this month. And though rights groups say that there have been fewer such killings since Mr. Duterte left, and far fewer involving agents of the government, a culture of violence and impunity has maintained a troubling hold in the Philippines.
Persons: Rodrigo Duterte, Duterte Locations: Philippines
An aerial view shows a Philippines Navy vessel that has been grounded since 1999 to assert the nation's sovereignty over the Second Thomas Shoal, a remote South China Sea reef also claimed by China. Experts say the latest incident represents an escalation and shows the limitations of the U.S.-Philippines Mutual Defense Treaty signed in 1951. Ezra Acayan | Getty Images News | Getty Images"The Philippines will continue to resupply the Sierra Madre, and hopefully invest in more outposts in their Exclusive Economic Zone in the South China Sea ... The Philippines defense chief has reiterated that the military would not announce its resupply missions to the shoal in advance. The country has also been working to bolster its own defense capabilities in the South China Sea with the support of the U.S.What's at stake?
Persons: Thomas, Jay Directo, Thomas Shoal, Philippines Mutual Defense Treaty, Chester Cabalza, Cabalza, Ezra Acayan, Richard Heydarian, Abdul Rahman Yaacob, Matteo Piasentini, Ferdinand Marcos Jr, Paisentini, Lowy Institute's Yaacob, Geopolitica's Organizations: Philippines Navy, Afp, Getty, U.S ., Philippines Mutual Defense, International Development, Security Cooperation, Bilateral, Philippine Coast Guard personnel, Coast Guard, University of the, U.S, Pacific Command, Philippines, Lowy, Asia Program, Philippine Navy, Sierra Madre Locations: Philippines, China, South China, Spratly, Philippine, Manila, Beijing, U.S, South, U.S . China, Washington, University of the Philippines, Philippine Government, United States, Pacific, Italian, Sierra, Asia
A US Marine Corps attack helicopter fired a new missile towards a moving sea target in the Pacific. The JAGM faced earlier testing challenges, but it is considered key to boosting the lethality of US attack helicopters. AdvertisementA US Marine Corps attack helicopter fired off a new missile in the Pacific earlier this week, striking a moving target vessel and marking a first for the weapon. The test is a notable moment in the development of the precision missile, which faced struggles in its initial testing. The 31st Marine Expeditionary Unit announced the strike exercise on Friday, revealing that two days earlier, an AH-1Z Viper "fired a live AGM-179 Joint Air-to-Ground Missile (JAGM), striking a towed moving training vessel during a training mission at sea."
Persons: Organizations: US Marine Corps, Service, Marine Corps, 31st Marine Expeditionary Unit, Business Locations: Philippine, Okinawa
Tokyo CNN —Pufferfish is regarded as a luxury in Japan and a meal featuring the potentially poisonous delicacy can easily cost up to 20,000 yen ($125) at high-end restaurants. But now, adventurous foodies in Japan can get a taste of “fugu” for a fraction of the price, from a Cup Noodle. Japanese instant noodle giant Nissin Foods released the new pufferfish flavor on Monday, expanding its massive lineup. “In recent years … ramen shops specializing in fugu ramen have been popping up, grabbing the hearts of many ramen fans,” it said. An elderly couple in Malaysia died last year after eating pufferfish, prompting an appeal from their daughter for stricter regulations.
Persons: Pufferfish, Nissin, Momofuku Ando Organizations: Tokyo CNN, CNN, Western Australia’s Department of Fisheries, Chefs Locations: Japan, Colombia, Gamagori city, Japan’s, Aichi, Philippines, Malaysia
Filipino soldiers involved in a clash last week with Chinese coast guard have been awarded medals. Their vessels came under attack last week while delivering supplies in the disputed South China Sea. The award ceremony is unlikely to ease tensions with China in the contested region. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementFilipino soldiers who reportedly used their bare hands to fight off Chinese coast guards armed with swords and knives were awarded medals by the Philippines for de-escalating tensions, according to the Manila Bulletin.
Persons: , Ferdinand Marcos Jr Organizations: Service, Manila Bulletin, Philippines, Business Locations: China, Philippines, of Lapu, Lapu
Goldman Sachs initiated coverage of Disney with a buy rating and a price target that implies more than 20% upside. Elsewhere, Piper Sandler raised its price target on Uber, calling for nearly 25% upside. Analyst Jonna Kim simultaneously raised her price target to $30 from $28, citing a likelihood in earnings upside. As a catalyst, Kim cited "potential upside to FY24 Street estimates given solid topline momentum combined with margin expansion on continued inventory & expense management." — Lisa Kailai Han 5:41 a.m.: Goldman Sachs initiates Disney with a buy rating Disney has room for upside growth ahead, according to Goldman Sachs.
Persons: Goldman Sachs, Raymond James, Piper Sandler, TD Cowen, Jonna Kim, Kim, Lisa Kailai Han, Jeff Chung, Chung, — Lisa Kailai Han, Ranjan Sharma, Sharma, Uber, Thomas Champion's, AMZN, Michael Ng, Ng, Raymond James downgrades, RJ Milligan, Milligan, PENN, Fred Imbert Organizations: CNBC, Disney, Penn Entertainment, Navy, Citi, IHS, Volkswagen, JPMorgan, Google, Yahoo, Uber, ESPN, Netflix, Disneyland, Raymond James downgrades Penn Entertainment, NFL, Penn Locations: 2024E, 2025E, Singapore, TikTok, Indonesia, Philippines, Malaysia, Monday's
The charges stemmed from allegations by Duterte that De Lima had received payoffs from convicted drug gangs to fund her 2016 senatorial bid. Speaking to reporters outside the court, De Lima said Duterte would be held responsible for “sins committed” against Filipinos. Jam Sta Rosa/AFP/Getty ImagesDuring his tenure as president, Duterte repeatedly said the killings of drug suspects are lawful if police are acting in self defense. In July last year, the International Criminal Court (ICC) rejected an appeal by the Philippine government to block an investigation by prosecutors into Duterte’s drug war. The Philippines was formerly a signatory to the ICC but Duterte canceled the country’s membership after the court began probing his drug war.
Persons: Rodrigo Duterte’s, Leila De Lima, Duterte, De Lima, De, “ Leila, , , Leila de Lima, Sta Rosa, Ferdinand Marcos Jr, pullout Organizations: CNN, PTV, ” Former, Criminal Court, ICC, Hague, Duterte Locations: Muntinlupa, ” Former Philippine, AFP, Davao City, Philippine, Philippines
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