Asia stocks set to gain after recovery hopes push Wall Street higher

first_imgAsian stocks were set to climb on Tuesday as confidence in an economic recovery pushed the Nasdaq benchmark to a record high, although doubts about crude supply cuts were likely to keep oil prices under pressure.Markets have been encouraged by a May US jobs report last week that showed a surprise fall in the unemployment rate, bolstering views that the worst of the downturn is over and that the economy was moving towards a quick rebound.“The jobs report blew away expectations and the numbers were unparalleled in history,” said Thomas Hayes, chairman of Great Hill Capital in New York. “We’re starting to see in the market the magnitude and speed of US government intervention and the market is now looking through the short-term negative numbers from GDP towards a much stronger recovery.” On Wall Street, the Dow Jones Industrial Average rose 1.7 percent, the S&P 500 gained 1.20 percent and the Nasdaq Composite added 1.13 percent.Oil prices fell after Saudi energy minister Prince Abdulaziz bin Salman said on Monday that the kingdom and Gulf allies Kuwait and the United Arab Emirates would not cut an extra 1.18 million bpd in July as they are doing this month.The Organization of Petroleum Exporting Countries and others had on Saturday agreed to sustain cuts equal to about 10 percent of global oil supply.US benchmark crude fell US$1.36 a barrel to settle at $38.19 a barrel, while Brent settled down $1.50 at $40.80 a barrel.In currency market, the dollar slid and commodity currencies gained as risk appetite ramped up. The New Zealand dollar rose to its highest in nearly four months after the government said it had stopped local transmission of the coronavirus.The dollar index fell 0.053 percent, with the euro up 0.02 percent to $1.1294.The Japanese yen weakened 0.01 percent versus the greenback at 108.44 per dollar, while sterling was last trading at $1.2733, up 0.09 percent on the day.Yields on top-rated German government bonds dipped but remained near more than two-month highs hit last week on the back of improving sentiment in world markets.US Treasury yields also fell, with the 10-year note down 2.8 basis points at 0.8785 percent. Gold rose after a steep decline, boosted by hopes of a dovish monetary policy outlook from the Federal Reserve after the US central bank ends a two-day meeting on Wednesday.Investors are now seeking clarity from Fed Chair Jerome Powell on monetary and fiscal policies.US gold futures settled up 1.3 percent at $1,705.1 an ounce.Topics : Australian S&P/ASX 200 futures were up 0.67 percent and Hong Kong’s Hang Seng index futures rose 0.52 percent. However, Japan’s Nikkei 225 futures were down 0.04 percent.​The Nasdaq hit a record high close on Monday, becoming the first of Wall Street’s three main indexes to bounce back from the market crash caused by the pandemic.Financial, automotive and retail-oriented and energy shares – the stocks most beaten-down since the pandemic slammed markets – have been leading equity indices higher recently.US stocks also added to gains late in the trading session after the Federal Reserve eased the terms of its “Main Street” lending program to encourage more businesses and banks to participate.last_img read more

Arsenal interested in signing Bruno Guimaraes, confirms club president

first_imgArsenal interested in signing Bruno Guimaraes, confirms club president Arsenal are weighing up a move to sign Bruno Guimaraes (Picture: Getty)Athletico Paranaense president Mario Celso Petraglia has confirmed that Arsenal are interested in signing Bruno Guimaraes.Reports last month claimed that Arsenal and Chelsea are battling it out to sign Guimaraes and scouts have been deployed to Brazil to watch the 22-year-old defensive midfielder in action.Both London clubs are on the lookout for midfield reinforcements and the feedback they have received on Guimaraes has been extremely positive.However, the Premier League duo will have to see off competition from Benfica for the Brazil Under-23 international.ADVERTISEMENT Metro Sport ReporterMonday 13 Jan 2020 9:39 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link13.7kShares Advertisement Advertisementcenter_img Comment Arteta is on hunt for midfield reinforcements (Picture: Getty)Athletico Paranaense chief Petraglia has revealed that the club received an offer from Benfica for Guimaraes over the weekend.AdvertisementAdvertisement‘Yes it’s true. Yesterday came the official offer from Benfica to sign Bruno Guimaraes,’ Petraglia told Portuguese outlet O Jogo.‘Let’s study Benfica’s offer. On Monday we will meet the club board to assess this situation.’While Arsenal are yet to lodge a bid for Guimaraes, Petraglia believes the north London club could make an offer for the midfielder ahead of the summer transfer window.‘Arsenal are interested, but will only make an offer towards the end of the season,’ he added. Arsenal have sent scouts to watch the midfielder this season (Picture: Getty)It’s understood Arsenal are prioritising a move for a central defender this January after Calum Chambers was ruled out for the rest of the season with a serious knee injury.Mikel Arteta has confirmed that he’s keen to strengthen his defensive options and Jerome Boateng, Dayot Upamecano and Nathan Ake have all been linked in recent weeks.‘My obligation is to give my opinion on the things we can improve,’ the Spaniard said earlier this month.‘Obviously we have a bad injury with Calum a few days ago that will change our plans at the back.More: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man City‘The reality is we will not be able to do much. I’m more concerned about getting players back from injury and try to improve the players I have here, get everybody on board and understanding what we’re trying to do.‘And if something extra comes up and we think it is the right opportunity to improve what we have, then let’s do it.’MORE: Atletico Madrid ready to offer Thomas Lemar to Arsenal in exchange for Alexandre Lacazettelast_img read more

Arsenal set £15m asking price for Folarin Balogun after rejecting £3m Sheffield United bid

first_imgAdvertisement Comment Arsenal are holding out for a £15m deal for Folarin Balogun (Getty Images)Arsenal are demanding £15 million for Folarin Balogun after Sheffield United had a bid for the striker rejected, according to reports.The 19-year-old is yet to make his senior debut for Arsenal but was one of the top performers for the Under-23s last season with 10 goals in 16 appearances.The New York-born forward, who has represented England at Under-19 level, has less than a year remaining on his contract with Arsenal.And according to MailOnline, Sheffield United have tried to take advantage of Balogun’s situation by offering the Gunners £3 million.ADVERTISEMENTHowever, the report claims that Arsenal are demanding a ‘structured deal’ worth could be worth £15m after add-ons.AdvertisementAdvertisementSouthampton, Brighton and AC Milan have also expressed an interest in signing Balogun. Folarin Balogun scored 10 goals in 15 appearances for Arsenal’s Under-23s last season (Getty Images)More: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man CityBalogun has already trained with the first-team squad and was even praised by Pierre-Emerick Aubameyang on social media.After one training session, Aubameyang replied to a tweet about Balogun from Arsenal’s official account with: ‘This boy is fire’.Brentford also expressed an interest in signing Balogun earlier this summer.Follow Metro Sport across our social channels, on Facebook, Twitter and Instagram.For more stories like this, check our sport page. Metro Sport ReporterTuesday 15 Sep 2020 3:59 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link4.2kShares Arsenal set £15m asking price for Folarin Balogun after rejecting £3m Sheffield United bid Advertisementlast_img read more

DSWMC seeks new ways to dispose of garbage

first_img Sharing is caring! Share Share Share Tweetcenter_img LocalNews DSWMC seeks new ways to dispose of garbage by: – November 26, 2011 62 Views   no discussions Public Relations Officer of the DSWMC Jeno Jacobs The Dominica Solid Waste Management Corporation (DSWMC) is seeking new methods to properly dispose garbage on the island.The organization held a consultation at the Fort Young Hotel on Friday, geared at diversifying its waste disposal methods as a result of fears being posed by increase in waste on the island.Public Relations Officer of the DSWMC Jeno Jacobs says the organization is determined to come up with the best strategy to ensure that land filling becomes a thing of the past.“This is very important for us in mapping our way forward through a waste diversion study which will be conducted her for the next few weeks,” he said.Jacob noted that the organization has already hired consultants and have spoken to several companies about composting.Meantime Acting General Manager of DSWMC Bristol Lawrence says the study will determine the best practice for collection of compostable waste in Dominica and conduct analysis that will determine the benefits of undertaking a waste recycling approach opposed to land filing or recycle waste.He said it will also determine the future impact of land filling and the life expectancy of the country’s main landfill in Fond Cole.“I must say that one of the main reasons for this is to see how we can gain partnership to join us in this effort. Over a year ago we started a project in Bath Estate and what we have seen from this program is that a lot of the communities have been appreciating the efforts,” he said.Acting General Manager of DSWMC Bristol Lawrence He said composting should be one of the primary ways in waste reduction.Meantime Dominica’s Health Minister Julius Timothy says Dominica must continue to seek ways to diversify its waste disposal methods.“The Fond Cole Sanitary Landfill which was funded by the EU and commissioned in 2006 was built with an estimated life span of fifteen years. The waste scale data for 2011 shows that over the last ten months, 10,264 tons of solid waste was transported to the landfill, equating to 1026 tons per month or 23.21 tons per day of waste being brought to the landfill. If all solid waste is landfill, without a sound waste diversion strategy, there will be little space left to dispose of waste within the next few years,” he said.According to Timothy, the DSWMC has already taken steps to mitigate the problem.“This year, the corporation has so far, exported five forty foot containers of used led acid batteries, 9 twenty foot containers of waste glass and two forty foot containers of waste cardboards,” he confirmed.Timothy also noted that the Dominica Solid Waste Corporation has also developed a waste recycling policy geared at guiding and regulating waste recycling on the island.Dominica Vibes Newslast_img read more

Eagles forward celebrates club’s best goal award

first_img Loading… Ideye’s goal in the 4-0 bashing of Volos NPS in the Greek Super League was adjudged the club’s Goal of The Month for December. Super Eagles forward Brown Ideye is excited after claiming Aris Thessaloniki’s Goal of The Month award for December.Advertisement The 31-year-old Ideye has been enjoying good form for the Greek since joining last summer, hitting the ground running despite not playing club football since January 2019.An excited Ideye took to the social media to express his gratitude to everyone who voted for him for the award.@officialideye – “Thanks to everyone who voted for me and my teammates for all the support.. #VamosAris #Grateful,” he penned on his official Instagram.center_img Read Also: Alex Iwobi gets return date from injuryThe former Tianjin Teda forward has scored six times in 16 appearances for the Greek side along with one assist so far.Ideye, who claimed the 2013 AFCON with Nigeria is expected to pilot Aris’ attack against former club, Olympiacos and will be looking forward to continue his scoring form at his old ground on Sunday, January 19.FacebookTwitterWhatsAppEmail分享 Promoted ContentWho Is The Most Powerful Woman On Earth?Birds Enjoy Living In A Gallery Space Created For ThemTop 10 Most Romantic Nations In The WorldThe Highest Paid Football Players In The WorldCouples Who Celebrated Their Union In A Unique, Unforgettable Way8 Most Beautiful Chinese Women5 Of The World’s Most Unique Theme ParksThe Highest Paid Football Players In The WorldThe Best Cars Of All TimeWhy Go Veg? 7 Reasons To Do ThisWho’s The Best Car Manufacturer Of All Time?7 Things That Actually Ruin Your Phonelast_img read more

Senators vow to prioritize salary hike for teachers

first_imgSen. Juan Miguel Zubiri Meanwhile, Sen. Juan Edgardo Angara,finance committee chair, said over the years, the salaries of policemen andsoldiers have gone up, but the teachers pay remained the same. “I shall push for pay hikes and direct grants to teachers and prioritize the bills filed in the Senate. Our teachers deserve more than we have managed to give them such as salary increases in line with the Salary Standardization Law in 2015,” Zubiri said. Zubiri also pointed out that the proposed 2020 Department of Education (DepEd) budget for salaries is P417,548,392,000, which he said will make the country “the greener pasture of which the teachers had been dreaming.” Sen. Juan Miguel Zubiri said over the weekend that there are several measures that are pending at the Senate seeking an upgrade on the salary and benefits of public school teachers. “The DepEd have experienced difficulty in hiring more teachers every year,” he said. “The public school system has been losing qualified teachers to other industries such as call centers and service industries.” “If President Duterte would push through with his promise during the State of the Nation Address to double public school teachers’ salaries, we will help him find the sources of funds as that would entail additional P343.7 billion,” Zubiri said. He added apart from their personalexpenses, many of the teachers have to spend a portion of their salaries forthe purchase of teaching supplies because many times they do not get enoughfrom their budgets to pay for these. Sen. Pia Cayetano, for her part, saidraising the compensation of teachers was the best affirmation of government’shigh regard for the country’s educators and their contributions tonation-building. MANILA – The long-sought salaryhike for public school teachers might finally be realized. Senators vowed toprioritize salary increase and additional grants of teachers in recognition ofthe critical role they play in the lives of the children and in nationbuilding. Zubiri, the Senate’s Majority Leader, has filed Senate Bill No. 104 pushing for P10,000 monthly additional pay, grant of bigger chalk allowance, P1,000 annual medical check-up allowance and giving the Magna Carta benefits of the teachers. Cayetano has filed Senate Bill No. 70, or the ‘Additional Support and Compensation for Educators in Basic Education Act.’ Oct. 5 has been declared World Teachers’ Day by the United Nations Education, Scientific and Cultural Organization (UNESCO) in recognition of teachers’ role in the delivery of quality education. (With GMA News/PN)last_img read more

Messi joins stay at home challenge

first_imgRelatedPosts Barca president Bartomeu says he won’t go to war anymore with Messi Messi scores twice in Barca friendly Messi becomes football’s second billionaire + Top 10 Lionel Messi has made sure he isn’t missing out on the latest craze to sweep football after the Barcelona forward shared his attempt at the Stay At Home challenge. With football suspended around the world owing to the coronavirus outbreak, many global stars have found they have some time on their hands. While Alex Oxlade-Chamberlain has been perfecting his dance moves with pop star girlfriend Perrie Edwards and Sergio Aguero has been making pizzas, others have found another way to cure the boredom. Plenty of footballers have been keeping their eye in at home by playing keepy-uppy, but instead of using a football, they are often using one of the symbols of this current crisis – a roll of toilet paper. The likes of Chelsea’s Mason Mount and Man United pair Bruno Fernandes and Marcus Rashford have already shared with the world their attempts. Mount’s fellow Blue Christian Pulisic did similar on Thursday, though his video didn’t exactly go to plan as he fell on his bottom while attempting an ‘around the world’ trick. Messi. as you would expect, avoided a similar fate as he showed his trademark skill and calmness throughout his effort, never once looking in bother. The Argentina international calmly kept his roll of toilet paper in the air throughout the clip shared on his Instagram account, producing deft flicks with both feet and his chest. The 32-year-old then finished with a flourish as he volleyed the loo roll out of shot – no doubt it would have found top bins had Messi been on a pitch. As is customary, the Barca attacker invited some of his peers to post their own efforts with Messi tagging club colleagues Luis Suarez, Arturo Vidal and Jordi Alba in the clip as well as fellow Argentine Aguero. Tags: Bruno FernandesLionel Messilast_img read more

Taylor and Murphy secure final spots

first_imgIreland’s Katie Taylor moved closer to her fifth straight European Union title with a unanimous win over Mira Potkonen of Finland. Heavyweight Leanne Murphy also progressed to Saturday’s finals, beating Croatia’s Dainjela Vernic There were also wins for Great Britain trio Nicola Adams, Lisa Whiteside and Savannah Marshall in Hungary. Press Associationlast_img

Commission timing wrong – Carlisle

first_img Among the other names tipped to join Dyke’s commission is Manchester United defender Rio Ferdinand. Carlisle would welcome his involvement but insisted the membership should not be limited to those who have played in the Barclays Premier League. On Ferdinand’s involvement, he said: “It would make sense. First of all you have to look at the remit of the commission and I have really tried to find this because it has been ambiguous all the way throughout. “The most conclusive statement that I can find is that [the commission is for] ‘the future of English football’. Now if you are going to set up a commission for that, not only do you need to have a commission to represent the constituents of English football, but one that doesn’t just represent the upper echelons of our system, because the problems are right throughout, from grassroots right to the senior England team. “But the only people we have on the commission are people who have experienced football right at the elite end. “Not only do we need diversity in hopefully a BME [black and mixed ethnicity] candidate to represent the cultural and racial differences, but what about gender? What the female game? What about schools football? What about the county FAs? What about someone like Colin Bridgeford at the Manchester County FA, who is overhauling their structure?” FA chairman Greg Dyke could have avoided criticism about the ethnic make-up of his commission to improve the fortunes of English football by announcing the full list of candidates at the same time, according Clarke Carlisle. As well as Dyke and new PFA chairman Ritchie Humphreys, the commission also includes former England manager Glenn Hoddle, Football League chairman Greg Clarke and FA vice-chairman Roger Burden, League Managers’ Association chairman Howard Wilkinson, Crewe director of football Dario Gradi and former England defender Danny Mills. But now Humphreys’ predecessor Carlisle claims it was “inevitable” that criticism would follow when the FA chose only to release the names of white male participants. He told to BBC Radio 5 Live’s Sportsweek programme: “My view of the FA is that a lot of their mechanisms have been terrible for many, many years. When Greg Dyke took the helm I was expecting, with all his experience at such a huge organisation like the BBC and the way that he oversaw change there, that he would be able to translate that into what they do at the FA. “The biggest mistake I feel Greg Dyke made was announcing part of its constitution. If he was going to make sure there was representation on the commission, then surely he should have waited until he had the full line-up and then roll it out. “Rolling out 80 per cent of what the commission is and people only seeing Caucasian male faces will inevitably lead to this discussion.” Chesterfield defender Humphreys replaced Carlisle as head of the players’ union last month but his predecessor says he has no problem with the new chairman representing England’s footballers on the commission. “If I was asked, of course I would love to be involved if we could address the state of English football. “But Ritchie is a fantastic man and he does represent the entirety of our membership.” Press Association Former Professional Footballers Association (PFA) chairman Carlisle made the claim a day after Dyke accepted the FA “made a mistake” in only announcing part of the membership after board member Heather Rabbatts criticised the all-white line-up. Rabbatts, who was born in Jamaica and is of mixed race, wrote to all her fellow board members criticising the commission’s lack of diversity after saying her attempts to raise the matter privately failed to gain an acceptable response. last_img read more

Richardson aims to turn things around for Volcanoes

first_imgST GEORGE’S, Grenada (CMC) – New Windward Islands head coach, Andrew Richardson, hopes to mark his first season in charge with the capture of the Regional Super50 which bowls off next month.Speaking ahead of the November 6 start of the tournament, the Jamaican said winning was the most important thing, especially following last season’s debacle when Volcanoes finished one from bottom in their group and failed to qualify for the semi-finals.“Winning the tournament is the ultimate. We finished close to the bottom in our group last season. We do not expect to repeat that performance,” Richardson said.“Success is really all about winning. If we do not win, it does not mean we have totally failed, but every team enters a tournament to win and we are coming with an eye to win.”Volcanoes will do battle in Group B alongside last year’s losing finalists Guyana Jaguars, multiple-time champions Trinidad and Tobago Red Force, West Indies Emerging Players and United States.Group B is scheduled to be played at historic Queen’s Park Oval and Brian Lara Cricket Academy.And while Volcanoes will be hard-pressed to make it out of the group with more favoured sides like Jaguars and Red Force expected to advance, Richardson backed his side to frustrate the pundits.“We are not going to focus on just one or two sides. There are other teams in the group other than the Jaguars and Red Force,” he pointed out.“We have to play well against all teams. We have to play the game our way and try to execute our plans well.”Volcanoes will be led by former West Indies vice-captain Kirk Edwards and includes the likes of veteran batsman Devon Smith and former Test off-spinner Shane Shillingford.Two young, uncapped batsmen Desron Maloney and Dillon Douglas have been named in the squad, and Richardson believes selectors have struck the right balance.“We have a number of quality players. We have youth and experience, so we expect the senior players to play a major role in helping to shape the team,” he noted.“We expect a good showing in the Super50. If we plan the way we ought to do and we execute properly in each game, we expect to be in a good position at the end of the tournament.”He added: “(The) strength is definitely in our batting. We have a number of all-rounders which will allow us to bat down to numbers 10 and 11. Our bowling has been consistent over the last few years and we hope it remains the same.”Richardson said despite some interruptions from the weather, preparations had gone well, and both batsmen and bowlers had enjoyed success during the three practice matches possible.“We have been affected by the rain. This has not been a deterrent, however, and the players are still upbeat. They have been putting in the work,” he explained.“A few of our batsmen got hundreds in our practice matches and our bowlers are looking exceptionally well, so it is about putting it all together and winning as many games as possible.”Volcanoes open their campaign on November 7 against Red Force at the Oval.last_img read more