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Donald Trump - Hotel101 moves one step closer to NASDAQ SPAC listing - philstar.com - Philippines - Usa - Britain - county Island

Hotel101 moves one step closer to NASDAQ SPAC listing

Hotel101 [link], the global “condotel” subsidiary of Injap Sia’s Double Dragon [DD 9.10, up 8.5%; 585% avgVol], announced that it signed a definitive merger agreement with the British Virgin Island-registered JBSPAC Acquisition Corp. (JVSA), with the intent of listing the merged entity on the NASDAQ stock exchange under the symbol “HBNB”. Hotel101 said that HBNB is “expected to have an equity value of over US$ 2.3 billion” following the IPO, which Hotel101 expects to happen “during the second half of 2024”. 

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Ralph G.Recto - Recto: Continued improvements in PH jobs market and quality of jobs for Filipinos signal progress towards the country’s poverty reduction target - dof.gov.ph - Philippines

Recto: Continued improvements in PH jobs market and quality of jobs for Filipinos signal progress towards the country’s poverty reduction target

Finance Secretary Ralph G. Recto has underscored that the continued improvements in the country’s jobs market and quality of jobs for Filipinos following the February 2024 Labor Force Survey (LFS) signal progress towards achieving the government’s target of reducing the poverty rate to single-digit or 9% by 2028.

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Most equity markets fall as US inflation data dims rate cut hopes - philstar.com - Usa - Japan - China - Hong Kong

Most equity markets fall as US inflation data dims rate cut hopes

HONG KONG, China — Most markets edged down Thursday after forecast-topping US inflation dealt a blow to hopes for a June interest rate cut and forced traders to re-evaluate the outlook for monetary policy, with a warning that the next move could even be a hike.

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Ian Laqui - Number of jobless Filipinos eases in February - philstar.com - Philippines - city Manila, Philippines

Number of jobless Filipinos eases in February

MANILA, Philippines — The number of unemployed Filipinos decreased in the second month of 2024, posting an unemployment rate of 3.5%, the Philippine Statistics Authority (PSA) reported on Thursday.

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Two Philippine Navy pilots dead after helicopter crash - philstar.com - Philippines - city Cavite - city Manila, Philippines

Two Philippine Navy pilots dead after helicopter crash

MANILA, Philippines — Two Philippine Navy pilots died Thursday after a helicopter crash near a public market south of the capital Manila.

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New Binance chief stresses importance of compliance - philstar.com - Usa - France - city Paris, France

New Binance chief stresses importance of compliance

PARIS, France — The new CEO of the world's top crypto platform stressed the importance of regulatory compliance for Binance's future success, months after its former chief executive pleaded guilty to violating US anti-money laundering laws and it paid $4.3 billion to settle charges.

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Two Philippines navy pilots killed in helicopter crash - timesofindia.indiatimes.com - Philippines - city Manila

Two Philippines navy pilots killed in helicopter crash

MANILA: Two Philippine navy pilots were killed on Thursday when their helicopter crashed during a training flight, the military said. The navy said in a statement a Robinson R22 helicopter with two officers on board was forced to make an emergency landing near a market south of Manila. The pilots were rushed to nearby hospitals, but eventually died from their injuries, the navy added.

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Joe Biden - Fumio Kishida - Microsoft to invest $2.9 bn in Japan AI push - philstar.com - Usa - Japan - China - Taiwan - Washington - Russia - city Tokyo, Japan

Microsoft to invest $2.9 bn in Japan AI push

TOKYO, Japan — Microsoft on Tuesday announced a $2.9 billion investment over the next two years in Japan to bolster the country's push into artificial intelligence and strengthen its cyber defenses in the face of threats from China and Russia.

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