Philippines complains drug war reports hurting tourism
Author: Agence France PresseWed, 2017-03-22ID: 1490167500849249100BANGKOK : The Philippines tourism secretary urged the media Wednesday to “tone down” coverage of President Rodrigo Duterte’s deadly drug war, complaining that reports on extrajudicial killings were scaring away foreigners.On a trip to Thailand accompanying Duterte, Tourism Secretary Wanda Teo insisted the Philippines was a safe destination but said journalists were […]
The EU at 60: Where are we and where are we going?
Author: Agence France PresseWed, 2017-03-22ID: 1490165786799122500 ROME: The European Union celebrates its 60th birthday on Saturday, the anniversary of its six founder members signing the Treaty of Rome which gave birth to the European Economic Community. Ahead of the ceremonies, AFP talked to Brigid Laffan, an Irish expert on European integration who is currently director of the […]
Seoul believes N Korea’s latest missile test ends in failure
Author: HYUNG-JIN KIM | APWed, 2017-03-22ID: 1490165717109117100 SEOUL, South Korea: North Korea’s latest missile launch appeared to have ended in a failure on Wednesday, South Korean defense officials said, three days after the North claimed a major breakthrough in its rocket development program. The reported launch failure comes as the North is angrily reacting to ongoing annual […]
Japanese navy boosts overseas force projection capability with second big helicopter carrier
Author: ReutersWed, 2017-03-22ID: 1490165443549103800YOKOHAMA: Japan’s second big helicopter carrier, the Kaga, entered service on Wednesday, giving the nation’s military greater ability to deploy beyond its shores as it pushes back against China’s growing influence in Asia.Accompanied by a military band, Maritime Self Defense Force commanders took possession of the 248 meter (813.65 ft) long vessel at the […]
Trump to reaffirm NATO ‘commitment’ at May summit
Author: Agence France PresseWed, 2017-03-22ID: 1490161515579020600 WASHINGTON: The White House confirmed Tuesday that President Donald Trump will join fellow NATO leaders for a key May summit in Brussels, as the US administration seeks to quash questions about Trump’s support for the alliance. The Trump administration has been scrambling to reaffirm its commitment to Washington’s military alliances — […]
Sears shares sink as creditors, investors fret over going-concern risk
By Nathan Layne and Sruthi Ramakrishnan REUTERS – Sears Holdings Corp’s shares slumped 16 percent on Wednesday as bondholders and investors questioned how long the retailer could remain in business, a day after the company flagged going-concern doubts. The disclosure raised concerns over the retailer’s ability to restructure its debt load and stock inventory heading […]
Warriors win ‘Curry Bowl,’ Aldridge leads Spurs rally
Author: AFPWed, 2017-03-22ID: 1490175995299763100LOS ANGELES: Stephen Curry scored 17 points to win his latest on-court duel with elder brother Seth on Tuesday as the Golden State Warriors notched a fifth straight victory with a rout of the Dallas Mavericks.The Western Conference leaders were rarely in trouble as they romped to a 112-87 win at the American Airlines […]
Sears warns of 'going concern' doubts
By Ankit Ajmera and Nathan Layne REUTERS – Sears Holdings Corp , once the largest U.S. retailer, warned on Tuesday about its ability to continue as a going concern after years of losses and declining sales. “Our historical operating results indicate substantial doubt exists related to the company’s ability to continue as a going concern,” […]
Hong Kong pulls out of Pakistan Davis Cup tie over security fears
Author: AFPWed, 2017-03-22ID: 1490175813309747600HONG KONG: Hong Kong have withdrawn from its Davis Cup tie against Pakistan in Islamabad next month citing security concerns, the International Tennis Federation (ITF) said on Tuesday.The southern Chinese city had previously challenged a decision by the Davis Cup Committee for Pakistan to host the second-round tie on April 7-9, but an independent […]
Creditors, investors raise concerns over Sears going-concern warning
By Nathan Layne and Sruthi Ramakrishnan (Reuters) – Bondholders and investors on Wednesday turned their attention to questions about just how long Sears Holdings Corp can remain in business, a day after the company’s surprise disclosure it may not survive as a going concern. The disclosure raised concerns over the retailer’s debt load and its […]
