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PHL fintech firm to open office in Tokyo

LOCAL FINANCIAL technology firm Appsolutely is entering the Japanese market to boost the regional adoption of its proprietary digital currency in its bid to become a global company.

In a statement, the company announced that it is opening an office in Tokyo before the end of the month, with an expansion in Osaka also in the pipeline.

The company has already established LoyalCoin’s presence in the United States and Thailand.

“Appsolutely sees Japan as an important market for LoyalCoin and its loyalty solution LoyalPlatform due to the country’s high-level acceptance and enthusiasm for blockchain and digital currencies,” the company said.

The Japanese government has led efforts to make these new technologies acceptable after pioneering the legalization of smart contracts, blockchain and cryptocurrency.

Appsolutely is behind the blockchain-backed “loyalty economy,” allowing consumers to use a single currency to redeem, exchange and purchase products and services across partner brands. Its suite of offerings also include LoyalWallet apart from LoyalCoin and LoyalPlatform.

Appsolutely tapped Koji Kawato as its country head, having helped the company develop its marketing strategy and media outreach program across multiple countries. He also serves as an advisory board member and will remain in the role while leading the foray into Japan.

Following his experience at Fujitsu Philippines, Inc., he headed Nexus R Asia, Inc., a promotion company for the Filipino and Japanese market. He currently manages a group of shareholders interested in blockchain solutions as head of P&P Global, Inc. and has been planning blockchain-related events. — Krista Angela M. Montealegre

Senator Poe tells LTFRB to explain cap on ride-sharing units

SENATOR GRACE Poe Llamanzares, chair of the public services committee, called on the Land Transportation Franchising and Regulatory Board (LTFRB) to “explain the science” behind its decision to cap the number of Grab, Uber and other ride-sharing units at 45,000 in Metro Manila, 500 in Metro Cebu, and 200 in Pampanga. “What’s the math used in this decision? What were the parameters used, like demand and supply?” Ms. Poe said in a statement released yesterday. The LTFRB recently issued Memorandum Circular 2018-003, which set a “common supply base” for transport network vehicle service (TNVS) providers. The LTFRB has assured the public that the base will be reviewed every quarter and adjusted correspondingly based on “churning rate.” Ms. Poe, however, pointed out that, “The review should not just be based on the churning rate, which is the number of vehicles that are no longer in the system. Instead, it should be based on an algorithm that determines supply and demand. The cap will also affect not just the TNCs but the livelihood of drivers of TNVS. Given that there are currently about 100k (thousand) TNVS combined, and this number is not enough to satisfy the demand of the public, then we should start with that as the base and adjust accordingly.”

Hollywood producers issue anti-harassment guidelines

LOS ANGELES — Hollywood producers on Friday outlined steps aimed at preventing sexual harassment on and off television and movie sets in a response to revelations of misconduct that have shaken the entertainment industry in recent months.

The voluntary guidelines from the Producers Guild of America (PGA) recommend that all productions provide in-person anti-sexual harassment training for all cast and crew before the start of each season.

They also urge producers to conduct meetings and casting sessions in a “professional, safe and comfortable” environment, among other steps.

“As producers, we provide key leadership in creating and sustaining work environments built on mutual respect, so it is our obligation to change our culture and eradicate this abuse,” PGA co-Presidents Gary Lucchesi and Lori McCreary said in a statement.

The guidelines are initial recommendations from a task force the PGA created in October after allegations of misconduct against entertainment industry figures including producer Harvey Weinstein, who has been accused by more than 70 women of sexual misconduct, including rape.

Many of the accusations against Weinstein stemmed from actresses who said they were sent to meetings with him alone in hotel rooms. Weinstein has denied having non-consensual sex with anyone.

The PGA expelled Weinstein from the group in October.

The new guidelines are especially important for independent productions that are not being done at a movie or TV studio with a human resources department, McCreary said in an interview.

Lucchesi said the steps, which were unanimously ratified by the PGA’s board of directors, are meant to serve as “best practices” for the PGA’s 8,200 members.

“It’s really about setting the right tone and having the proper behavior,” he said. “You don’t want people to be insensitive anymore.”

The recommendations also offer advice to victims of harassment, starting with going to authorities if they believe a crime was committed, and taking notes shortly after an incident. — Reuters

VGJ. Thunder tops Galaxy Battles II

DESPITE the “bumps” it had to deal with, Galaxy Battles II: Emerging Worlds DotA 2 (Defense of the Ancients) tournament pushed through at the weekend with China team VGJ. Thunder emerging as champion.

In front of a good-sized crowd at the Philippine Arena in Bulacan on Sunday night, VGJ swept its best-of-five grand finals, 3-0, over North American squad Evil Geniuses to take the top prize in the $500,000 event.

VGJ wound up as the best among the nine teams that competed in the big DotA tournament which also included hometown bet TNC Pro Team, Red Bull OG, Team Spirit, PG. Barracx, Team Infamous, paIN Gaming and Skyville.

The win was a culmination of what was a roller-coaster bid for VGJ that saw it relegated to the lower bracket early in the tournament only to pick up its game as it progressed to book a spot in the finals and eventually win.

VGJ, led by Liu “Sylar” Jiajun, showed solid collective form to complement their well-thought-out drafting to stay ahead of its rival for much of the grand finals and left hardly any doubt how deserving it was to be crowned as champion.

“This is the best moment of my entire gaming career,” said VGJ. Thunder’s Liu “Freeze” Chang following their victory that had them bagging the top prize of $200,000.

“If there’s one word to describe the whole team’s feeling about winning first place: it’s happy,” he added.

For finishing runner-up, Evil Geniuses received $85,000.

COULD HAVE BEEN BETTER
While organizers of Galaxy Battles II were happy to see their event push through, they still felt it could have been better if not for some unfortunate and surprising events that took place in the lead-up to it.

Foremost of which was the decision of Valve Corp., the parent company and developer of DotA 2, to rescind the “Major” label on the tournament a couple of weeks before the e-sports tournament over what it considers as “unreasonable infringements on the privacy of the players,” including mandatory drug-testing, which meant no Pro Circuit points were to be handed out that prompted some of the expected top teams to withdraw from the tournament.

It led Fallout Gaming and Purpose Win Entertainment to “scale down” how they would go about the event while working double time to give a good DotA tournament amid all that had happened.

“It was certainly tough, all that had happened. We had been prepping up for this event for a long time and it came to all of us as a surprise. We wanted to bring a good DotA tournament for the fans that’s why we pressed on. We could have called it off but we’re here,” said Ian Tan in an interview with BusinessWorld during the three-day event that saw a steady rise in crowd attendance as the tournament progressed.

Nonetheless, Mr. Tan said they remain undeterred of what had transpired in the lead-up to the staging of Galaxy Battles II and expressed hope of coming back and holding another event in the country to help in the growth of e-sports. — Michael Angelo S. Murillo

PNR inks deal with Indonesian company for two train sets

THE GOVERNMENT signed a P483.5-million contract for the purchase of two train sets for the Philippine National Railways (PNR) from Indonesian state-owned company PT Industri Kereta Api (PT INKA).

In a statement, the Department of Transportation (DoTr) said PNR General Manager Junn B. Magno and PT INKA President/Director Budi Noviantoro signed the agreement at the Indonesian Embassy in Makati City on Monday.

The Diesel Electric Multiple Unit (DMU) trains are expected to be delivered within the third quarter of 2019 for commissioning and testing.

The DMU project is funded from the 2015 DOTr General Appropriations Act (GAA) funds which was given to PNR.

The DoTr said the PNR has 21 train sets, and is running with six active sets. The PNR should have 10 sets by the first week of February.

PT INKA was established in 1981 and is an integrated rolling stock manufacturer.

Earlier this month, the DoTr broke ground Friday for Phase 1 of the government’s PNR line linking Metro Manila to Clark Field, with this first segment running from Tutuban station in Manila to Malolos City in Bulacan.

Last year, the DoTr and the PNR signed an agreement with housing agencies to resettle 100,000 families who will be affected by the North-South Railway Project. — Patrizia Paola C. Marcelo

Shutdown enters third day as crunch vote delayed

WASHINGTON — Hundreds of thousands of US federal employees will stay home without pay Monday after lawmakers failed to reach an agreement on ending a government shutdown before the start of the working week.

Although leaders of President Donald J. Trump’s Republican Party and the opposition Democrats said progress had been made in a weekend of talks, they pushed back a vote scheduled for 1:00 a.m. (0600 GMT) Monday for another 11 hours.

The impasse, the first of its kind since 2013, had already cast a huge shadow over the first anniversary of Mr. Trump’s inauguration as president on Saturday.

After special weekend sessions of Congress which had seen bitter recriminations traded by both parties, Senate Majority Leader Mitch McConnell pledged to address Democrat concerns over key issues such as immigration reform in a speech to the chamber late Sunday.

The Senate’s top Democrat Chuck Schumer responded by saying he was “happy to continue my discussion with the majority leader about reopening the government” but added that the parties were “yet to reach an agreement on a path forward.”

Mr. McConnell then called for Congress to reconvene for another vote on a stop-gap funding measure at noon, a proposal which was nodded through.

Hopes that the shutdown, which began at midnight Friday, could be limited to the weekend had been raised Sunday when a bipartisan group huddled for hours on trying to end the standoff, but they ultimately failed to resolve all their differences.

Earlier in the day Mr. Trump encouraged the Senate’s Republican leaders to invoke the “nuclear option” — a procedural maneuver to change the chamber’s rules to allow passage of a budget by a simple majority of 51 votes to end the shutdown.

But Senate leaders have been wary of such a move in the past, as it could come back to haunt them the next time the other party holds a majority.

White House press secretary Sarah Sanders said Mr. Trump had spoken during the day with Mr. McConnell and Senate Majority Whip John Cornyn. She did not mention Mr. Trump’s speaking with any Democrats but said White House director of legislative affairs Marc Short had been in touch with members of both parties and updated the president.

“We are continuing to work hard towards reopening the government,” Ms. Sanders said.

ESSENTIAL SERVICES CONTINUE
At the heart of the dispute is the issue of undocumented immigration.

Democrats have accused Republicans of poisoning chances of a deal and pandering to Mr. Trump’s populist base by refusing to back a program that protects an estimated 700,000 “Dreamers” — undocumented immigrants who arrived as children — from deportation.

Democrats have refused to go along with the temporary federal funding request unless it addresses the Deferred Action for Childhood Arrivals (DACA) program in part because they fear Republican leaders will not act to protect DACA recipients before deportations would begin in large numbers in March.

But in a signal to Democrats, Mr. McConnell committed on the Senate floor to addressing immigration in timely fashion.

“Should these issues not be resolved by the time the funding bill before us expires on February 8th, 2018, assuming that the government remains open, it would be my intention to proceed to legislation that would address DACA, border security and related issues,” Mr. McConnell said.

But that commitment means little on the other side of the Capitol, where House Republicans told reporters they would not be bound by any agreement reached in the Senate to address immigration.

“I don’t see any of our people interested in some half-baked idea that’s produced by a self-appointed group of senators,” congressman Tom Cole said according to Roll Call.

Essential federal services and military activity are continuing, but even active-duty troops will not be paid until a deal is reached to reopen the US government.

There have been four government shutdowns since 1990. In the last one, more than 800,000 government workers were put on temporary leave.

“We’re just in a holding pattern. We just have to wait and see. It’s scary,” Noelle Joll, 50, a furloughed US government employee, told AFP in Washington.

New York Governor Andrew Cuomo, a Democrat, said that state funding would pay for the reopening Monday of the Statue of Liberty, the inspirational landmark that was among facilities affected by the shutdown.

Republicans have just a one-seat majority in the Senate, and therefore have to lure some Democrats to their side to get a 60-vote supermajority to bring the stop-gap funding motion forward.

Highlighting the deep political polarization, crowds estimated in the hundreds of thousands marched through major US cities on Saturday against the president and his policies and to express support for women’s rights.

They gathered again Sunday in Las Vegas, chanting: “Power to the polls.” — AFP

AFP chief could be appointed to lead Marina next

PRESIDENT Rodrigo R. Duterte hinted on Monday, Jan. 22, that Armed Forces of the Philippines chief Rey Leonardo “Jagger” B. Guerrero, whose term ends in April, will be appointed next to head the Maritime Industry Authority (Marina). “Yang si Jagger, pagkatapos niyan (AFP), siya yung maghawak ng Marina na pinaalis ko kay sige travel,” Mr. Duterte said in his speech at a main military camp in Compostela Valley. — Arjay L. Balinbin

Kerber, Keys set up quarterfinal as Berdych fires up

MELBOURNE — Angelique Kerber and Madison Keys set up an enticing Australian Open quarterfinal Monday, with one roaring through and the other having to dig deep to stay in the title hunt.

Dangerous Czech Tomas Berdych, a two-time Melbourne Park semifinalist, also powered into the last eight, demolishing Italy’s Fabio Fognini 6-1, 6-4, 6-4.

His reward is a clash with either Swiss maestro Roger Federer or unheralded Hungarian Marton Fucsovics for a place in the semifinals on Wednesday.

Germany’s Kerber is the only Grand Slam champion left on the women’s side of the draw, and she was given a big fright as she chases her second Melbourne Park crown after beating Serena Williams in 2016.

After crushing Maria Sharapova in the last round, she came up against gritty Taiwanese veteran Hsieh Su-wei who stunned the 21st seed by taking the first set on Rod Laver Arena.

At one point Kerber was serving to stay in the match, but she bounced back to win 4-6, 7-5, 6-2.

“Credit to her, she played unbelievable. I was running everywhere,” said Kerber, who had a poor 2017 after starting the year as world number one.

“I was just trying to focus on every point.”

Hsieh, ranked 88, was always going to be a threat after knocking out world number three Garbine Muguruza and the dangerous Agnieszka Radwanska en route to the fourth round.

The win set Kerber up with a clash against American Keys, a semifinalist in 2015 who has found a new lease of life under the guidance of former great Lindsay Davenport.

Seeded 17, she flattened French eighth seed Caroline Garcia 6-3, 6-2 in just 68 impressive minutes.

“I feel like I’m playing just solid, consistent tennis,” said Keys, a US Open finalist last year. “I think today was a good example of that. I think I served well. I think I returned well.”

The 22-year-old added: “Right now I’m definitely really enjoying my job.”

Whoever wins that match will have a potential semifinal against world number one Simona Halep, although the Romanian first has to get past Japan’s Naomi Osaka on Margaret Court Arena.

How she backs up will be keenly watched after her third round epic, where she was pushed to 15-13 in the third set by American Lauren Davis.

US Open finalist Madison Keys says she will continue to play “smart” tennis in search of a first Grand Slam title after steamrollering her way into the Australian Open quarterfinals Monday.

The 17th seed flattened French eighth seed Caroline Garcia 6-3, 6-2 in 68 dominant minutes in their fourth-round clash.

“I was just playing really smart,” said the American, who made the semis at Melbourne Park in 2015 and has not dropped a set so far in her impressive run this year.

“I wasn’t going for unbelievable shots and things like that,” added Keys who blasted 32 winners past a helpless Garcia.

“I just was waiting for the right ball, then trusting that I was going to make the right decision when I finally had the opportunity to go for it.”

Keys said she would let her coach, the “amazing” 2000 Australian Open champion Lindsay Davenport, do the scouting on Kerber for her. The final women’s match sees sixth seed Karolina Pliskova take on fellow Czech Barbora Strycova, seeded 20.

ENJOYING IT
Berdych, a semifinalist in 2014 and 2015 at his most successful major, easily beat Fognini with the 32-year-old saying: “I’m really enjoying every single moment on court.

“I’m feeling good and healthy.”

He is now in his seventh Australian Open quarterfinal with Federer, who knocked him out in the third round last year, looming.

The defending champion takes aim at an incredible 14th Australian Open quarterfinal later when he faces one-time training partner Marton Fucsovics.

The Swiss maestro, 36, has made at least the last eight every year since 2004, bar a hiccup in 2015, with the odds of him doing so again heavily stacked in his favor.

Fucsovics has never beaten anyone ranked higher than 13th and is making his tournament debut.

Novak Djokovic is also in action in a night match as he looks to reach the last eight in Melbourne for a 10th time, with a tough test against talented Chung Hyeon.

The glasses-wearing South Korean, ranked 58, upset fourth seed Alexander Zverev in five sets in the round of 16 and Djokovic is wary.

“He’s playing great. He’s fit. He doesn’t have too many holes in his game,” he said.

The winner will face either Austrian fifth seed Dominic Thiem or American surprise packet Tennys Sandgren. — AFP

NEDA Board to review negative list in February

SOCIOECONOMIC Planning Secretary Ernesto M. Pernia said that the 11th Foreign Investment Negative List (FINL) will be discussed with the President in the next National Economic and Development Authority (NEDA) Board meeting possibly next month.

He said that this would be a follow-up after the proposed FINL was “presented in a cabinet meeting two weeks ago.”

“The next submission is to the NEDA Board for approval, which is chaired by the President. That NEDA Board meeting will probably happen later this month, or early February,” Mr. Pernia said in a Bloomberg TV interview yesterday. 

Mr. Pernia said that there are plans to redefine “public utilities” in the 1987 constitution to make foreign firms more interested in investing more than the current limit of 40% ownership.

“It would be feasible because telcos will be taken out of the definition of public services. So telcos are not included in the public services,” Mr. Pernia said, referring to House Bill No. 4389, authored by former president and now House Deputy Speaker Rep. Gloria M. Arroyo of Pampanga’s second district.

“The critical thing is to get them attracted to come here. And if it requires the raising of equity ownership of foreign telcos to 70%, or more than majority, 50%, then maybe we are going to do it. Because the President is determined to have a third player,” said Mr. Pernia.

Malacañang has said that Chinese and South Korean firms are interested to sign up local partners to become the third telecommunications firm. It also said that the third player could emerge by March.

President Rodrigo R. Duterte signed on Nov. 21 Memorandum Order No. 16 that ordered government agencies to “take immediate steps” to remove barriers to foreign participation in various industries.

Sectors included in the memorandum include: private recruitment; the practice of certain professions, where allowing foreign participation will redound to the public benefit; contracts for the construction and repair of locally funded public works; public services, except activities and systems that are recognized as public utilities such as transmission and distribution of electricity, water distribution, and sewerage systems; culture, production, milling, processing, and trading except retailing, of rice and corn and acquiring by barter, purchase, or otherwise, rice and corn and the by-products thereof; teaching at higher education levels; retail trade enterprises; and domestic market enterprises.

The 10th FINL signed by President Benigno S.C. Aquino III restricts to Filipinos the practice of all licensed professions; retail; cooperatives; private security agencies; small-scale mining; utilization of marine resources; ownership, operation and management of cockpits; and manufacture, repair, stockpiling and/or distribution of nuclear weapons.

Foreigners meanwhile can have limited stakes of up to 25% in: private recruitment agencies, the construction and repair of locally funded works like infrastructure and foreign-assisted projects. The list of businesses where foreigners can own up to 30% are: advertising; exploration, development and utilization of natural resources; private land; public utilities; education; rice and corn administration; financing and investment companies; suppliers to state-owned corporations and agencies; defense-related structures; public utility franchises; and private domestic and overseas construction contracts.

The list of industries allowing up to 40% foreign ownership include security; defense; those industries that pose a risk to health and morals, such as gambling, bath houses and massage clinics; and small-scale and medium-scale enterprises of a certain size. — Elijah Joseph C. Tubayan

Thousands in Ireland honor late Cranberries singer O’Riordan

LONDON — Thousands of people lined up in the Irish city of Limerick Sunday to pay respects to Cranberries singer Dolores O’Riordan, who died suddenly in London last Monday, local media reported.

O’Riordan’s mother, as well as her five brothers and sister, accompanied the coffin holding her body into St. Joseph’s Church in the city, in Ireland’s southwest, according to the RTE national broadcaster.

Bishop of Limerick Brendan Leahy said Sunday that this was Limerick’s public moment to bid farewell to O’Riordan, it added.

Footage of the crowds showed mourners braving adverse weather and sheltering under umbrellas as they queued to enter the church and file past the open coffin.

The 46-year-old frontwoman of the multi-million selling Irish rock band was found dead in a London hotel on Monday, aged 46.

Her private funeral, which will be attended by around 200 family members and friends, will take place in the Church of Saint Ailbe, in Ballybricken just outside Limerick, on Tuesday, the church said.

Following her death, Irish Prime Minister Leo Varadkar was among the first to pay tributes, calling O’Riordan “the voice of a generation.”

London coroner Stephen Earl said Friday that he was awaiting test results following a post-mortem, with a full inquest set for April 3, although her death is not being treated as suspicious.

The Cranberries achieved international success in the 1990s with their debut album Everyone Else is Doing it, So Why Can’t We? which included the hit single “Linger.”

The follow-up album gave rise to politically charged single “Zombie,” an angry response to the deadly Northern Ireland conflict, which hit number one across Europe.

The band sold around 40 million records worldwide.

She was in London to record a version of “Zombie” with the hard rock band Bad Wolves, the group said on Tuesday.

The Cranberries’ greatest hits collection Stars: The Best Of 1992-2002 has hit number 16 on Britain’s album chart, higher than when it was released in 2002. — AFP

NY vows to reopen Statue of Liberty, at its own cost

NEW YORK — The Statue of Liberty, temporarily closed by a US government budget shutdown, will reopen on Monday to once again beckon other countries’ “huddled masses” — as well as not-so-poor tourists with dollars to spend.

“We will not stand by as this symbol of freedom and opportunity goes dark,” New York Governor Andrew Cuomo said in a tweet Sunday, announcing that the state had found funds to keep the iconic landmark open.

Shutting the surrounding park “jeopardizes an economic driver for the state of New York,” said Mr. Cuomo, a Democrat.

“This park is a symbol of New York and our values. And her message has never been as important as it is today,” he said, alluding to the budget battle in Washington, where Democrats were seeking protection for hundreds of thousands of undocumented immigrants before agreeing to Republican proposals to extend funding for the government.

As a result of the budget impasse, many government services including the Statue of Liberty have been closed since Saturday.

Speaking to reporters from the southern tip of Manhattan Island with the Statue of Liberty in the background, Mr. Cuomo explained that the state will provide the $65,000 it takes each day to pay the federal workers who keep the park open.

The statue on Liberty Island, as well as the related museum on nearby Ellis Island, where arriving immigrants were once processed, annually welcome about 4.5 million visitors. Most come by boat from Manhattan.

TOURISTS CAUGHT UNAWARE
On Saturday, hundreds of tourists were caught unaware, even if tour companies quickly offered boat tours, or reimbursement, as a salve.

The Statue of Liberty was a gift from France to the United States in 1886 to honor the centenary of US independence 10 years earlier.

It is among the hundreds of parks, battlefields, recreation areas and monuments managed by the National Park Service.

After Democrats and the majority Republicans in Congress missed a Friday deadline to pass a new federal budget, most “non-essential” government services and programs were ordered to close.

Some of the best-known parks have been kept open, including the Grand Canyon in Arizona and Yellowstone National Park. But most are operating with skeleton staff, meaning many stores, restaurants and even restrooms are closed.

In an unusual move, Interior Secretary Ryan Zinke, whose department oversees the parks service, said on Twitter that he had personally helped welcome visitors to the World War II memorial on the National Mall in Washington.

During the last government shutdown, a 16-day standoff in 2013, the memorial was closed. That prompted a group of military veterans, some of them in wheelchairs or hobbling on canes, to force their way in.

It was an embarrassment the White House of President Donald J. Trump has vowed to avoid. — AFP

Magic stun Celtics; Pacers stop Spurs

WASHINGTON — The Orlando Magic parlayed a big third quarter into a 103-95 upset of the Boston Celtics on Sunday, their third win in 20 games coming against the NBA’s Eastern Conference leaders.

Elfrid Payton scored 22 points for the Magic, who had lost their last 14 games in Boston in a skid stretching back to February 2010.

Orlando spoiled the return from injury of Boston point guard Kyrie Irving, whose 40 points couldn’t prevent the Celtics from dropping a third straight game for the first time this season.

Irving had missed Thursday’s loss to the Philadelphia 76ers with a nagging shoulder injury.

Jaylen Brown scored 17 points and Marcus Morris finished with 12 to score in double figures for the fourth consecutive game for the Celtics.

Evan Fournier scored 19 points and Aaron Gordon produced a double-double of 11 points and 12 rebounds for the Magic, who started the day in a three-way tie for the worst record in the league.

Orlando trailed, 59-58, at halftime, but outscored the Celtics, 32-12, in the third quarter to take a 90-71 lead into the final frame.

The Magic’s upset bid appeared to be coming unstuck as they made just one of their first 16 shot attempts of the fourth quarter.

The Celtics trimmed the deficit to seven points on Al Horford’s hook shot with 1:13 remaining.

A freethrow from Payton and Fournier’s floater in the final minute stretched Orlando’s lead back to 10.

Elsewhere, Victor Oladipo delivered 19 points as the Indiana Pacers ended the San Antonio Spurs 14-game winning streak at home with a 94-86 victory.

The Spurs lost at home for the third time this season and the first since Nov. 10 against Milwaukee.

Pau Gasol had 14 points to lead the Spurs who were minus Manu Ginobili, Rudy Gay and Kawhi Leonard because of injuries.

Tony Parker came off the bench to record 12 points and five assists. It marked just the 14th time in 1,165 games that Parker has come into the game off the bench. — AFP