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MANILA, Philippines – Back on top of her game and heading to the Olympics, Yuka Saso is ready to face the challenge at the ShopRite LPGA Classic starting Thursday (Friday Manila time) at the Seaview Bay Course in Galloway, New Jersey.
MANILA, Philippines – Valorant Champions Tour (VCT) Pacific Stage 2 is set to begin on June 15 at the COEX Atrium in Seoul, South Korea.
The US could see a new stock exchange emerge in Texas [link] to compete against the New York Stock Exchange (NYSE) and the NASDAQ. The Wall Street Journal reported that BlackRock and Citadel have raised $120 million from investors to back the TXSE Group (Texas Stock Exchange), with plans to register with the US Securities and Exchange Commission in H2/24 and open for business sometime in 2025. The sales pitch of the TXSE to prospective companies is headlined by a focus on loosening the rules and regulations governing the listing and maintenance of companies on the exchange.MB BOTTOM-LINE: It’s hard to say if this is just a sophisticated grift to ride the wave of “anti-woke” sentiment boiling up in the US in the runup to its big November 2024 election. Conservative groups (especially on X) have been loudly critical of new rules meant to enforce “diversity, equity, and inclusion” (DEI) measures, like the NASDAQ’s new board diversity rule. That rule, which requires at least one board member to be female or of an “underrepresented racial or ethnic minority, or LGBTQ+” has become a lightning rod for “culture war” battles online. Just as it’s hard to tell how much of the emotion is real and how much comes from engagement bots on X and other platforms, it’s also hard for me to tell just how serious the anti-DEI stance of this potential new exchange would be. All I know is that there’s a lot of value in competition at the stock market level. I don’t love that the competition has to come wrapped in some cringe-worthy anti-woke messaging. Still, the TSXE's entrance could spark a new wave of listings or reveal innovations that are beneficial for companies and investors. I know most here in the Philippines would laugh at the thought of having a second stock exchange, given the relatively small size of our only existing stock exchange, but I think there’s even more value to be had here with a second exchange that is independent of the PSE. Would that help break the hold of the Old Boys' Club? Hard to say. It could just make a new faction.
SEN. Risa Hontiveros on Wednesday urged President Ferdinand Marcos Jr. to consider Philippine offshore gaming operators (POGOs) a national security threat and order their complete prohibition in the country.
TOKYO — Palau's President Surangel Whipps Jr. said on Wednesday his country, one of Taiwan's few diplomatic allies, had suffered a major cyberattack, pointing the finger at China.
NEW DELHI — The party of India's Prime Minister Narendra Modi was in talks with key allies to form a government on Wednesday after failing to secure an outright majority for the first time since sweeping to power a decade ago.
MANILA, Philippines — The Philippines should leverage its “legal and moral authority” in dealing with China’s aggression in the West Philippine Sea (WPS), according to a maritime security expert.
MANILA, Philippines — Controversial Mayor Alice Guo of Bamban, Tarlac has a net worth of P177.5 million, with assets of P367 million and liabilities of more than P189 million as shown in her statement of assets, liabilities and net worth (SALN) as of December 2023.