Home Blog Page 12860

Former heavyweight champion Werdum, Russian Volkov collide at UFC Fight Night 127

ENGLAND lights up on Sunday (Manila time) as the Ultimate Fighting Championship (UFC) brings its live event “UFC Fight Night 127” featuring the heavyweight clash between former champ Fabricio “Vai Cavalo” Werdum of Brazil against Russian Alexander “Drago” Volkov.

Happening at the 02 Arena in London, the UFC event will also have the light heavyweight battle between Jimi “Poster Boy” Manuwa (#4) and Jan Blanchowicz (#11) as co-main event.

Mr. Werdum (23-7-1) is currently riding a two-fight winning streak with the last one coming at the expense of Marcin Tybura by unanimous decision last November.

He is angling to use his upcoming fight for another shot at the title he latched onto in June 2015 before losing it 11 months later to reigning champion Stipe Miocic.

The same title shot is what Mr. Volkov (29-6) is looking at, banking on the momentum he has built after winning five straight.

His last victory came in September last year over Stefan Struve by technical knockout due to punches in the third round.

It was his third straight win in the UFC after previously parading his wares at M-1 Challenge and Bellator.

Other fights in the main card of UFC Fight Night 127 are those between bantamweight Tom “Fire Kid” Duquesnoy and Terrion “Flash” Ware and welterweight Leon “Rocky” Edwards (#15) against Peter Sobotta.

UFC Fight Night 127: Werdum vs Volkov will be shown live on Sunday, beginning at 5 a.m. over Hyper Ch. 91 in SD or 261 in HD on Cignal TV. Encore telecast is at 12 noon and 6 p.m. on the same day.

In the Philippines, Cignal TV, the country’s foremost direct-to-home (DTH) company, is the home of the UFC after the two groups agreed to an extensive deal that will see the UFC beamed on various platforms. — MASM

Improving Tiger Woods looks for ninth triumph at Bay Hill

MIAMI — Tiger Woods seeks an unprecedented ninth triumph at the Arnold Palmer Invitational starting Thursday, the 14-time major champion hoping to find top form on one of his favorite courses.

The 42-year-old American, coming off a runner-up effort last week at the Valspar Championship, enters his last tune-up for next month’s Masters after his best result in nearly five years and showing no signs of the back injuries that have haunted prior comebacks.

“Just keep getting better,” Woods said of his goals for the week. “Just keep making incremental improvements and I think I’ve done that. Each and every week I’ve learned from what I’ve done and more importantly I’m learning my body. I’m learning how I can swing it and not swing it.

“My recovery, these are all things that are new. So I’m still learning, I’m getting a lot better at it, which is nice and I think that you’re starting to see the fruits of that now of the little tweaks I’ve made and I’m excited about it.”

Woods, a winner eight times in 17 starts at Bay Hill, last won on the Orlando layout in 2013. He recall being greeted at the 18th green by tournament namesake legend Palmer, who died in 2016.

“To be able to win this tournament and to have Arnold there and to shake his hand and for him to give me a big hug and a couple times he says, ‘I called it, I knew you were going to make that putt’ — little things like that, the last sharing jokes with him out there on the green and he and I laughing — those are moments that unfortunately I’ll never have (again). But I have those memories.”

Woods has 79 US PGA Tour titles, three shy of Sam Snead’s all-time record, and his major win total remains four short of the record 18 won by Jack Nicklaus.

Woods has not won a major title since the 2008 US Open, but he has won four times at Augusta National, where he will tee off in three weeks seeking another major crown.

This week, he also knows the course but will need to become reacquainted with some details.

“Just because I won here eight times doesn’t mean I’m going to win this week automatically. I still got to do the work. I still got to go through the process of getting myself in position,” Woods said.

“But I understand this golf course. I’ve played it under so many different varying conditions. I’ve got to do some serious homework and really get to know and get the feel of how this golf course is playing this particular year, considering I haven’t played here in five years.”

Woods finds himself eager to get back into the competitive hunt at the Masters, where he has played only once since 2013, nabbing a share of 17th three years ago.

“Very eager,” Woods said, “I feel like I’m physically able to do it again and it’s going to be a lot of fun. There’s no other tournament like it. It has a deep place in my heart.

“From the time I was there as an amateur to my first win and to my other wins there as well, I just love playing Augusta National.” — AFP

Spithill thrilled to be back in America’s Cup

SYDNEY — Two-time winner Jimmy Spithill says he’s thrilled to be back in the chase for the America’s Cup after joining Italian syndicate Luna Rossa from Oracle Team USA.

“The hunger has only gotten stronger,” the Australian said, admitting that losing yachting’s most prestigious trophy to Team New Zealand in Bermuda last year had preyed on his mind.

“Since the last race of AC35, I’ve been thinking every day about the America’s Cup,” he said in an interview with his sponsor Red Bull.

“Naturally, you go over the previous campaign piece by piece, focusing on all the key moments and decisions during the four years.”

The 38-year-old was excited about the AC75 foiling monohulls that will be used for the first time when New Zealand defend the Auld Mug in Auckland in 2021.

He compared them to the cutting-edge foiling catamarans that provided such spectacular racing when he won the 2013 regatta with Oracle in San Francisco in 2013.

“The boat is going to be a beast… there are a lot of unknowns with the AC75, which will push people to the limit and really challenge all the teams involved,” he said.

“However, this challenge and difficulty are really appealing, and I’m really excited to be back in the game.” — AFP

NCAA team cheerleading competition today at the Smart Araneta Coliseum

SCHOOL spirit in Season 93 of the National Collegiate Athletic Association (NCAA) is further amped up today with the holding of the cheerleading competition at the Smart Araneta Coliseum.

Set for 3 p.m., participants from the competing NCAA schools are out to bring their high-energy performances all in the hopes of coming out on top and be declared Season 93’s best.

Defending champion Arellano University is one of the squads pegged as a contender along with the University of Perpetual Help.

Also competing and expected to go all-out are the Jose Rizal University Pep Squad, Lyceum of the Philippines University Pepsquad, Emilio Aguinaldo College Pep Squad, San Beda University Red Corps, Mapua University Cheerping Cardinals, Colegio de San Juan de Letran Lakas Arriba Cheerleading Team, College of Saint Benilde Pepsquad and San Sebastian College-Recoletos Golden Stags Cheerleading Team.

In last year’s competition, the AU Chiefsquad displayed clean and tough routines, stunts and tosses, enough to beat the Altas Perpsquad with a cumulative score 218 points to the latter’s 199.50.

The title was the second in Arellano’s NCAA history, the first coming in 2015.

Coming in second last year, Perpetual Help, the competition’s winningest team with nine titles, said it has been working hard in training to get back on top and determined to see its cause through.

“We will give it our very best to preserve the tradition of Perpetual Help in NCAA cheerleading,” said Perpetual Help coach Ruf del Rosario.

In the history of the NCAA cheerleading competition which was first held in 2004, only four schools have won the title, namely Perpetual Help, Arellano, Mapua (2004) and Jose Rizal University (2008). — Michael Angelo S. Murillo

Donnie Nietes sets sights on bigger things

WINNING is something one cannot get enough of. That seems to be the case for Filipino world boxing champion Donnie “Ahas” Nietes who has sustained his more-than-a-decade winning streak while setting his sights on continued success and bigger things moving forward.

Fresh from his latest conquest last month, Mr. Nietes, 35, met members of local media on Wednesday, March 14, to celebrate another feather in his cap while at the same time taking it as an opportunity to share his plans for the future.

“I really want to go back and fight in front of the US crowd and on HBO, since they were really happy with the show we put up in our last fight,” said Mr. Nietes at the press conference held at the ABS-CBN compound, speaking of his seventh-round technical knockout win over Juan Carlos Reveco of Argentina on HBO Boxing After Dark’s “Superfly 2” event on Feb. 25 in Inglewood, California.

The win was a successful first title defense by Mr. Nietes of his International Boxing Federation flyweight title which he won in April last year and marked an impressive pay-per-view debut on United States soil.

In beating his Argentinian opponent, Mr. Nietes (41-1-4), the country’s longest-reigning world champion, majority as a light flyweight, was clinical right from the start, landing power punches that would later take a toll on Mr. Reveco.

The windup of round six proved to signal the end of things for Mr. Reveco in the fight after he absorbed a right hand from the Filipino champion.

Just as the bell sounded, Mr. Reveco (39-4) staggered to his corner upon getting hit, a punch his team though protested came after the bell.

In the seventh round, Mr. Reveco tried to make a go at it but obviously he was still reeling from the solid punch he got and just had nothing left to give.

Sensing that he had his opponent on the brink of defeat, Mr. Nietes quickly pounced on Mr. Reveco before the latter’s corner threw the white towel at the 53-second mark of the round.

For his impressive US debut, Mr. Nietes made a good impression to a wider audience, even getting rave reviews from boxing luminaries like Max Kellerman and Andre Ward.

The show of support and words of encouragement he got after his US title defense all the more stoked the fire in him to continue fighting and bringing pride to the country.

“It makes me more inspired to work harder for the next fight. We are not yet done and we want to fight the best the world has to offer,” Mr. Nietes said.

He went on to say that he is eyeing moving up to super flyweight and vie for the vacant World Boxing Organization Super Flyweight throne against Nicaraguan Roman “Chocolatito” Gonzalez.

A win in that fight would make the Murcia, Negros Occidental native Nietes a four-division world champion, something only boxing superstar Manny “Pacman” Pacquiao and Nonito “The Filipino Flash” Donaire had done.

Started his professional career in 2003, Mr. Nietes has not lost a fight since September 2004.

He has been a staple in the “Pinoy Pride” boxing series of ALA Boxing and ABS-CBN Sports that airs on ABS-CBN, S+A, and S+A HD. — Michael Angelo S. Murillo

Wizards comeback casts spell on Celtics

LOS ANGELES — The Washington Wizards fought back from a 20-point deficit to jolt the injury-hit Boston Celtics with a 125-124 victory in double overtime on Wednesday.

A Jodie Meeks three-pointer with two seconds remaining tied it for the Wizards at 106-106 to send the game into the first period of overtime after the Celtics appeared to have done enough for the win.

Boston rookie Jayson Tatum then blew a chance to win it for the Celtics in the first period of overtime, the 20-year-old leveling the score at 115-115 with a two-point layup but then missing a free throw that would have sealed a win.

Instead Washington pulled away to open a six-point lead in overtime that saw them improve to 39-30 in the Eastern Conference standings.

The second-placed Celtics, who are battling through a slew of injuries that has deprived them of Kyrie Irving, Marcus Smart, Daniel Theis, Jaylen Brown and Al Horford, fell to 46-22 with the defeat.

The Celtics remain four games adrift of the first place Toronto Raptors, who are on course for the top seeding and homecourt advantage through the playoffs.

Bradley Beal led the way for the Wizards at Boston’s TD Garden on Wednesday, scoring 34 points with seven rebounds and nine assists.

Markieff Morris had 20 points while Otto Porter, Jr. had 18 points. Ian Mahinmi added 14 from the bench.

Boston’s scoring was led by Marcus Morris with 31 points, Terry Rozier adding 21 and Tatum 19.

Elsewhere Wednesday, the Orlando Magic pulled off an upset against the playoff-chasing Milwaukee Bucks with a 126-117 victory.

Orlando’s Jonathon Simmons scored a career-high 35 points as the Magic improved to 21-48. The Bucks fell to 36-32 with the defeat.

Simmons was ably supported by point guard D.J. Augustin, who had 32 points along with four assists and three rebounds.

Montenegrin center Nikola Vucevic also proved influential, scoring 22 points while finishing with nine assists and nine rebounds.

The Bucks, meanwhile, leaned heavily on the brilliance of Greek star Giannis Antetokounmpo, who led the scoring with 38 points. Antetokounmpo also led his team with rebounds (10) while adding seven assists. — AFP

Determined Wizards

The Wizards most certainly deserve props for their victory yesterday, and not simply because they were on the road against the highly regarded Celtics. Having just lost for the fifth time in seven outings, they could have kept their heads down and chalked up the second night of a back-to-back set as a veritable forfeit. Instead, they battled before a hostile crowd, intent on leaving the TD Garden with a win in the pocket. And they did so in double overtime to boot, proof, if nothing else, of their determination to succeed.

For the Wizards, it helped, of course, that the Celtics were walking wounded. The latter had to do battle without six players, of whom four, All-Stars Kyrie Irving and Al Horford included, were part of the regular rotation. Then again, they themselves competed without a vital cog; top dog John Wall remained in the sidelines recovering from surgery to his left knee six weeks ago, and they looked weary from their exertions in his absence.

No doubt, fatigue has been a big reason for the Wizards’ swoon sans Wall. They strung together five impressive victories to start, but then seemed to hit a wall, no pun intended, after a month. Which, all told, underscores how much they need Wall for the stretch run. They won’t always find good fortune in the crunch, as they did at the end of regulation and the two extra periods last night.

The good news is that Wall figures to be back anytime soon. His participation in practices is imminent, and his integration to the active lineup could come as early as the weekend. That said, he will likely need time to adjust to the rigors of competition before going full bore. Until then, the Wizards would do well to find ways to keep the best, and minimize the worst, of themselves without him.

 

Anthony L. Cuaycong has been writing Courtside since BusinessWorld introduced a Sports section in 1994.

Stocks extend slump on weaker US retail sales, rising trade-war fears

The Philippine Stock Exchange index (PSEi) took another beating on Thursday, falling by almost 10% from its record high last January, tracking regional markets as the United States saw weaker retail sales data.

The main index plunged 1.9% or 158.73 points to finish at 8,190.01 on Thursday, March 15, while the broader all-shares index also dropped 1.38% or 69.41 points to 4,966.44.

Thursday’s close puts the index 9.58% below its all-time high record of 9,058.62 last January 29.

“The main factor was that the US market was down substantially last night because of the unexpected retail sales, it was below the estimate,” Diversified Securities, Inc. Equities trader Aniceto K. Pangan said in a phone interview.

Regina Capital Development Corp. Managing Director Luis A. Limlingan noted the same, adding that trade war concerns also continued to weigh on investor sentiment.

“Philippine markets continued their slump as Wall Street posted sizable losses once more, with trade war concerns being at the center once again of attention. Much of the protectionist concern stemmed not only from the actions taken so far, but the prospect of further action, directed specifically at China,” Mr. Limlingan said in a mobile phone message.

“Also the inflationary pressures that were caused by tax reform, next week we’ll see if the BSP will adopt any change in the interest rate, considering inflation rate was beyond the range of 2-4%, based on 2006 base,” Mr. Pangan said, noting that inflation was still on the higher end of the government’s target despite adjusting the base to 2012.

The mining and oil sector was the lone sub-index that ended in positive territory, adding 0.06% to 11,403.05. The rest declined, led by property which shed 2.8% or 105.35 points to 3,654.56. Holding firms sunk 1.89% or 158.32 points to 8,202.05; industrial dipped 1.47% or 170.55 points to 11,420.04; financials slipped 1.21% to 2,144.48; while services were down 0.52% or 9.08 points to 1,724.19. — Arra B. Francia

Peso strengthens as US political turmoil sparks trade-war risk

The peso strengthened against the dollar on Thursday, March 15, as investors stayed on the sidelines amid the geopolitical noise coming from President Donald J. Trump.

The local currency finished at P52.03 against the dollar on Thursday, gaining four centavos from its P52.07 close on Wednesday.

The peso opened slightly weaker at P52.08 versus the dollar. Its intraday low stood at P52.12, while its best showing was at P52.025 against the greenback.

Dollars traded thinned to $465.5 million on Thursday from the $500.35 million that changed hands in the previous session.

“Yesterday, we had the same story. The pair still traded within the range; volume was lower. The market is somehow dead these past few days,” a trader told BusinessWorld in a phone interview, adding that other currencies were also trading within the range as well.

“International currencies didn’t move as much as well… they’re also trading within the range because of the headlines lately, for example, Mr. Trump’s rhetoric.”

Another trader attributed the movement to the “heightened possibility of a trade war between the US and China over steel tariffs.”

Mr. Trump is seeking to slap China tariffs on up to $60 billion of imports, hitting directly the the technology and the telecommunication sectors.

According to two people who had discussed the matter with the White House, Mr. Trump is seeking to slap China tariffs on up to $60 billion of imports, hitting directly the technology and telecommunication sectors, Reuters reported.

Larry Kudlow, Mr. Trump’s new economic advisor, launched tough rhetoric against China, saying Beijing “has earned a tough response.”

“I must say as somebody who doesn’t like tariffs, I think China has earned a tough response not only from the United States,” Mr. Kudlow told CNBC yesterday, adding that the US could lead a a coalition of trading partners against China.

Mr. Kudlow was appointed as the director of the National Economic Council earlier this week, after Mr. Trump fired Gary Cohn.

In response, Chinese foreign ministry spokesman Lu Kang said it will “have to take measures” should their interests were harmed.

“If the United States takes actions that harm China’s interests, China will have to take measures to firmly protect our legitimate rights,” he said. — Karl Angelo N. Vidal

DTI chief cites opportunity to tap fast-growing China market in Shanghai expo

The Department of Trade and Industry (DTI) is expecting increased trade between the Philippines and China through the China International Import Expo (CIIE) which will happen from Nov.5 to 10 in Shanghai, China.

Trade Secretary Ramon M. Lopez in his speech during the first leg of CIIE information mission said that with the opportunity to take part in the CIIE, the country’s private sector can also tap China’s growing market.

“I ask our Filipino friends and partners from the private sector to note that it’s impossible to ignore the huge $10 trillion Chinese market due to their rapid growth of consumption and imports,” he added.

“Accessing this market will surely leap frog the level of business transactions between the Philippines and China.”

Two more information mission will be conducted in Cebu on March 20 and Davao on March 23.

The CIIE on November will feature goods from high-end intelligent equipment, consumer electronics and appliances, automobiles, apparel, accessories and consumer goods, food and agricultural products, as well as medical equipment.

Mr. Lopez added that the country will feature over 100 products and services that can be exported to China.

“There will also be a section for trade in services comprising Tourism Services, Emerging Technologies, Culture & Education, Creative Design, and Service Outsourcing,” Mr. Lopez said. — Anna Gabriela A. Mogato

Asia stocks mixed as investors gauge Trump team revamp

Stocks put in a mixed performance in Asia, while the yen appreciated, as investors gauge the implications of the latest personnel changes in the Trump administration.

Equities in the region started with declines following weaker-than-anticipated U.S. retail sales, then fluctuated, with Tokyo closing little changed after a down session in Sydney. Chinese equities were becalmed amid the continuing annual gathering of the nation’s legislature. Traders continue to mull prospects for U.S. trade protection after incoming White House economic adviser Larry Kudlow signaled support for a strong dollar and took a tough line on China. Treasury yields held near the bottom of the past month’s trading range.

The news on “Kudlow interestingly has not been significantly well-received by the market,” said Jingyi Pan, a market strategist at IG Asia Pte in Singapore. “One reason underpinning this lingering fear may be the new chief economic adviser’s stance on China, which adds to the tension — with Kudlow having targeted the country in his first public remark.”

The lackluster retail sales data provided the last major economic indicator prior to the Federal Reserve’s policy decision next week. While an increase in borrowing costs at the meeting is seen as a done deal, it remains an open question whether U.S. policy makers will lift their expectations for the pace of future increases.

Elsewhere, oil steadied around $61 a barrel as signs of stronger U.S. fuel consumption balanced OPEC forecasting for the first time that new supplies from its rivals will exceed demand growth this year. Bitcoin drifted below $8,000.

Here are some of the key things happening this week:

Japan industrial production is out on Friday. Inflation data Thursday is a focal point in the euro area. EU27 government officials discuss the European Union’s Brexit position.
And these are the main moves in markets:

Stocks

The Topix index was virtually flat at the end of trading in Tokyo. The Hang Seng Index rose 0.3 percent as of 3:21 p.m. in Hong Kong. Kospi index rose 0.3 percent. Australia’s S&P/ASX 200 Index lost 0.2 percent. Futures on the S&P 500 Index were up 0.2 percent. The MSCI Asia Pacific Index was little changed.

Currencies

The Bloomberg Dollar Spot Index fell less than 0.1 percent. The Japanese yen advanced 0.2 percent to 106.06 per dollar. The euro was flat at $1.2371.

Bonds

The yield on 10-year Treasuries slipped about one basis point to 2.80 percent. Ten-year German bund yields were steady at 0.593 percent.

Commodities

West Texas Intermediate crude was little changed at $61.02 a barrel. Gold rose 0.3 percent to $1,325.25 an ounce. LME copper was down 0.3 percent at $6,968.50 per metric ton. — Bloomberg

Philippines warns other countries will follow after ICC exit

The International Criminal Court (ICC) may sink into oblivion, and prosecutor Fatou Bom Bensouda is to blame, said Presidential Spokesperson Herminio Harry L. Roque, Jr.

“It’s a wrong political move, madam prosecutor. You are to blame if the ICC becomes part of history,” Mr. Roque told reporters in a press briefing at the Palace on Thursday, March 15.

The spokesman argued that the ICC prosecutor should not have acted on the complaint filed by “politician” Senator Antonio “Sonny” F. Trillanes IV alleging that the President has committed “crimes against humanity” in his war on drugs.

Mr. Roque said only domestic courts have the jurisdiction to investigate the President.

He noted as well that the complementarity principle on which the International Criminal Court (ICC) is based “was not applied.”

The spokesman likewise alleged that the ICC is being “politicized” and “influenced” by some lobby groups, which he described as “a concerted effort” to destabilize the Duterte administration.

He warned that the country’s withdrawal “will start an avalanche of other countries wanting to withdraw” their membership from the ICC.

Mr. Roque likewise said that no other ASEAN countries will be interested to join the ICC now. “It is only the Philippines that has taken on the role of basically advocating that other countries in the region should become a member of the ICC. This is the beginning of the end of the court…”

He explained that no country will “tolerate an unaccountable prosecutor” given her preliminary examination into the complaint filed against the President, which again he described as a violation of the principle of the complementarity.

In South East Asia, Mr. Roque said, only Cambodia and Timor Leste remain to be active members of the ICC.

“You talk about acquiring jurisdiction over the person of the President, even assuming there is a case, who’s going to apprehend him, considering that countries and the ICC only rely on the cooperation from the part of the state parties. You think Cambodia, Timor Leste will arrest the President?” he added. — Arjay L. Balinbin