Blackwater stuns TNT to stay unbeaten
MANILA, Philippines -- The Blackwater Bossing caught themselves a big fish as they demolished the TNT Tropang Giga, 87-76, in the PBA Philippine Cup Saturday at the Smart Araneta Coliseum.
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Beijing defends coast guard's 'professional and restrained' conduct in WPS
MANILA, Philippines — Beijing has insisted that its coast guard behaved in a "professional and restrained" way during the confrontation and claimed "no direct measures" were taken against Filipino personnel.
Citicore Renewables used 17% of its stab fund last week
Citicore Renewable Energy [CREC 2.70, up 0.4%; 7% avgVol] [link] disclosed its first stabilization fund report, showing that its stabilization agent (UBS AG) purchased 29,784,000 shares of CREC at an average price of P2.69/share from June 7 (the date of CREC’s IPO) through June 14. CREC’s stabilization fund has the ability to purchase up to 178,572,000 shares. The fund has used 16.6% of its quota through the first 27% of its permitted existence.
Farmers: Rice tariff cut a stab in the back
MANILA, Philippines — Cutting rice tariffs to 15 percent is a stab in the back of the country’s three million rice farmers and the grain industry, according to the Federation of Free Farmers (FFF).
Son killed, daughter hurt in knife attack by father in Maguindanao del Norte
COTABATO CITY — A man stabbed his 11-year-old son to death and wounded her adolescent daughter in a rampage in their home, located in the seaside Barangay Magsaysay in Parang, Maguindanao del Norte, at around Sunday midnight.
OceanaGold falls 6% in first day of trading
OceanaGold PH [OGP 12.50, down 6.2%; 100% avgVol] [link] dropped a little over 6% in its first day of trading, falling P0.82 from its P13.33/share IPO price to close at P12.50/share. The highest the stock traded was P13.34 in the first 20 minutes of trading before consistent selling pressure pushed OGP price to an intra-day low of P12.46 around 1:30 PM. The stock mounted a significant recovery to around P12.90/share before a massive amount of late-day selling pushed it back down to the P12.50 level at the close.
Man falls to death from Baguio rooftop during police chase
BAGUIO CITY, Philippines — A man, who stabbed his live-in partner, died after falling from a building while fleeing the police along Kayang Street of Baguio City Public Market.
Father kills daughter with knife after quarrel with wife in Bukidnon
Trigger warning: Graphic violence