Inflation fears drag PSEi down 1.87%

Inquirer.net - Oct 28, 2026

MANILA, Philippines — Local stocks fell on Wednesday as higher oil prices and a weakening peso stoked inflation concerns, while elevated treasury yields dampened demand for equities. The benchmark Philippine Stock Exchange Index (PSEi) slid 1.87 percent, or 107.64 points, to close at 5,653.55. READ: Red hot inflation seen extending BSP hikes Michael Ricafort, chief economist

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Maguindanao del Sur mayor lauds arrest of RPG ambush suspect

Oct 28, 2026

Maguindanao del Sur mayor lauds arrest of RPG ambush suspect

COTABATO CITY – Mayor Akmad Mitra Ampatuan Jr. of Shariff Aguak, Maguindanao del Sur, has lauded the arrest of one of the suspects in the rocket-propelled grenade (RPG) ambush against him last January 25. Mayor Ampatuan commended the police for arresting Toraipe Lusod on Saturday, October 24, in Barangay Meta, Datu Unsay, Maguindanao del Sur.

Famas 2026: Maricel Soriano, Maris Racal, McCoy de Leon are big winners

Oct 28, 2026

Famas 2026: Maricel Soriano, Maris Racal, McCoy de Leon are big winners

The 74th edition of the Filipino Academy of Movie Arts and Sciences (Famas) Awards hailed Maricel Soriano and McCoy de Leon as its respective Best Actress and Best Actor awardees, while Maris Racal received the inaugural Actress of Distinction accolade. The Diamond Star was honored for her role in “Meet, Greet, Bye,” while Racal earned

NBA: Morant, Lillard lead unbeaten Trail Blazers past Lakers

Oct 28, 2026

NBA: Morant, Lillard lead unbeaten Trail Blazers past Lakers

LOS ANGELES — Ja Morant and Deni Avdija scored 23 points apiece, Damian Lillard added 21 and hit a clutch 3-pointer with 43 seconds to play, and the Portland Trail Blazers remained unbeaten with a 136-129 victory over the Los Angeles Lakers on Tuesday night. Luka Doncic had 41 points and nine assists in the

Fear lingers as twin quakes jolt Davao Occidental, Soccsksargen

Oct 28, 2026

Fear lingers as twin quakes jolt Davao Occidental, Soccsksargen

KORONADAL CITY — Residents of Davao Occidental and Sarangani rushed out of their homes or shops as two earthquakes jolted Regions 11 (Davao) and 12 (Soccsksargen) Wednesday morning, reviving fears months after a major tremor. A magnitude 5.5 quake first struck at 7:43 a.m. on Wednesday, followed by a magnitude 5.4 tremor at 9:11 a.m.,

Kylian Mbappe sorry for apparent reference to Mao as ‘dictator’

Oct 28, 2026

Kylian Mbappe sorry for apparent reference to Mao as ‘dictator’

BEIJING — Football star Kylian Mbappe apologized for comments in which he apparently referred to Mao Zedong, the founding leader of Communist China, as a dictator, after facing backlash and losing brand deals with at least three different Chinese companies. “My comment was ill-judged, and I now understand that it hurt many people in China

Marcos hit over ‘don’t panic’ remark on Philippine peso breaching 64:1$

Oct 28, 2026

Marcos hit over ‘don’t panic’ remark on Philippine peso breaching 64:1$

MANILA, Philippines —The Bagong Alyansang Makabayan (Bayan) coalition on Wednesday blasted President Ferdinand Marcos Jr. over his remarks on the continued depreciation of the Philippine peso. The group accused the president and his administration of lack of plans in handling this worsening crisis. Bayan’s view came after Marcos earlier told the public not to panic

Legazpi Diocese holds pontifical coronation of Marian image

Oct 28, 2026

Legazpi Diocese holds pontifical coronation of Marian image

LEGAZPI CITY — The Diocese of Legazpi held a pontifical coronation of the image of Nuestra Señora de Salvación during a Mass on Wednesday to mark the 75th anniversary of its canonical establishment. More than 6,000 faithful and hundreds of priests attended the celebration at Saint Gregory the Great Cathedral, presided over by Luis Antonio

Noah Wyle claims People’s Sexiest Man Alive 2026 title

Oct 28, 2026

Noah Wyle claims People’s Sexiest Man Alive 2026 title

“The Pitt” star Noah Wyle was named by American magazine People as this year’s Sexiest Man Alive—a title he said he never imagined receiving. “I thought that sounded like a prank—just not in a million years did I think that this would be an honor bestowed on me,” he said during an interview with the

DOTr to summon 2 bus terminals to retrofit facilities — Dizon

Oct 28, 2026

DOTr to summon 2 bus terminals to retrofit facilities — Dizon

MANILA, Philippines — Two bus terminals in Manila will be summoned by the Department of Transportation (DOTr) to fix their facilities and improve the passenger experience, new Transport chief Vince Dizon said on Wednesday.  Dizon inspected Ohayami Trans, Florida Bus Terminal, and Victory Liner in Sampaloc, Manila ahead of the expected influx of passengers for

PNP taps AMLC to probe finances tied to Laos drug shipment

Oct 28, 2026

PNP taps AMLC to probe finances tied to Laos drug shipment

MANILA, Philippines — The Philippine National Police (PNP) has tapped the Anti-Money Laundering Council (AMLC) to investigate the finances linked to the 521-kilogram shabu (methamphetamine) shipment intercepted in Laos, amid indications that some Philippine officials may be involved. At a press conference on Wednesday, PNP public information chief Col. Allen Rae Co said the agency

Philippines’ Alexandra Eala recovers to move into Pan Pacific Open quarter-finals in Tokyo

Oct 28, 2026

Philippines’ Alexandra Eala recovers to move into Pan Pacific Open quarter-finals in Tokyo

Philippine sensation Alexandra Eala came from behind to beat Talia Gibson 4-6, 6-2, 6-0 in Tokyo on Wednesday and said “it took a lot to turn that match around”. The world No 19’s recent run of early tournament exits looked in danger of continuing when Australia’s Gibson, ranked 38, took the first set at the Pan Pacific Open. But Eala dug in and evened the match before hitting top gear in a dominating third set. The 21-year-old said the turnaround had been “a gradual increase of level”. “Maybe...

Prosecution rests its case in one of Rep. Jojo Ang’s graft cases

Oct 28, 2026

Prosecution rests its case in one of Rep. Jojo Ang’s graft cases

MANILA, Philippines — The prosecution rested its case Wednesday, wrapping up its presentation of evidence in the trial of one of 14 graft cases filed against Uswag Ilonggo party-list Rep. Jojo Ang before the Sandiganbayan Sixth Division. According to special prosecutors, Ang allegedly had a stake in a construction firm that won P214 million worth

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