Boston Marathon: Ethiopia's Sisay Lemma, Kenya's Hellen Obiri win
BOSTON (AP) — Sisay Lemma scorched the first half of the Boston Marathon course on Monday, setting a record pace to build a lead of more than half of a mile.
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1.8 Tonne Drugs Worth $230 Million Found Inside Van In Philippines
The Philippines has seized 1.8 tonnes of crystal methamphetamine, President Ferdinand Marcos said Tuesday, describing the bust as a record and the "right approach" to the drug war. Police found the illegal drugs, estimated to be worth more than $230 million, on Monday during a search of a van in Batangas province, south of Manila. The driver was arrested.
Keppel Philippines declares massive 216% dividend
Keppel Philippines [KEP 10.50, up 50.0%; 30% avgVol] [link] declared a dividend of P15.14/share, payable on May 22 to shareholders of record on April 29. This dividend has a yield of 216% based on KEP’s pre-declaration share price of P7.00/share. The dividend was made out of unrestricted retained earnings as of March 31, 2024, which included the P6.52 billion KEP was paid by BDO [BDO 147.30, down 1.9%; 129% avgVol] for its interest in the holding company of the Podium Complex in Ortigas Center. KEP is ultimately a subsidiary of the Singapore-based Keppel Group.
PREIT declares stable dividend
Premiere Island Power REIT [PREIT 1.64 unch; 89% avgVol] [link] declared a Q4/23 dividend of P0.0388/share, payable on May 13 to shareholders of record as of April 26. The dividend maintains PREIT’s annualized yield of 9.46%. The total amount of the dividend is P128 million, which is 89% of the P144 million in distributable income that PREIT reported for the quarter. Relative to PREIT's IPO price, the dividend increased PREIT's total stock and dividend return to 23.44%, up from its pre-dividend total return of 20.85%.
College basketball phenom Caitlin Clark selected first in WNBA draft
NEW YORK – Caitlin Clark, who smashed records on and off the court in a dazzling US college career, was selected first in the WNBA draft on Monday (Tuesday Manila time) amid expectations she will have a transformative effect on women's professional basketball.
Middle East tensions hit peso, stocks
THE peso fell for a fourth straight trading day on Monday, and the stock market also dropped to its lowest in nearly three months as sentiment was hit by tensions in the Middle East.
OFW remittances up 3.0% to $2.95B in Feb
OVERSEAS Filipino worker (OFW) remittances rose by 3.0 percent to $2.95 billion in February from $2.86 billion a year earlier, the Bangko Sentral ng Pilipinas (BSP) reported on Monday.
Negros Occidental logs first pertussis fatality
BACOLOD CITY, Philippines — The province of Negros Occidental recorded its first fatality from pertussis and 11 more confirmed cases as of yesterday.