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Stocks rise on bargain hunting, US inflation data

BW FILE PHOTO

PHILIPPINE STOCKS recovered on Thursday on bargain hunting following their two-day drop and with data showing slower US consumer inflation in February.

The bellwether Philippine Stock Exchange index (PSEi) rose by 0.75% or 46.81 points to 6,242.07, while the broader all shares index climbed by 0.53% or 19.6 points to 3,701.4.

“The local market bounced back this Thursday as investors hunted for bargains following two straight days of decline,” Philstocks Financial, Inc. Senior Research Analyst Japhet Louis O. Tantiangco said in a Viber message. “Helping in today’s rebound are the lower-than-expected February inflation in the US and the robust fourth quarter and full-year 2024 corporate results onshore.”

“Philippine investors resumed their bargain hunting after investors calmed down after the latest US consumer price index (CPI) came out. Wall Street was able to even close mixed after a rough start,” Regina Capital Development Corp. Head of Sales Luis A. Limlingan said in a Viber message.

US consumer prices increased moderately in February as higher shelter costs were partially offset by cheaper airline fares, giving the Federal Reserve room to keep interest rates unchanged next week while monitoring the economic impact of a trade war, Reuters reported.

The CPI rose 0.2% last month, the smallest gain since October, after accelerating 0.5% in January, the Labor Department’s Bureau of Labor Statistics said.

In the 12 months through February, the CPI increased 2.8% after climbing 3% in January. Economists polled by Reuters had forecast the CPI would gain 0.3% and advance 2.9% on a year-on-year basis.

With the economic outlook deteriorating because of tariffs, financial markets expect the Fed to resume cutting rates in June after it paused its easing cycle in January. The central bank’s benchmark overnight interest rate is currently in the 4.25%-4.5% range, having been reduced by 100 basis points since September.

Majority of sectoral indices posted gains on Thursday. Mining and oil surged by 2.97% or 257.66 points to 8,926.71; financials rose by 2.4% or 56.47 points to 2,401.53; services went up by 1.71% or 34.41 points to 2,040.47; and holding firms increased by 0.4% or 20.87 points to 5,223.56.

Meanwhile, property dropped by 1.54% or 34.56 points to 2,196.74 and industrials went down by 0.72% or 63.31 points to 8,667.55.

“BDO Unibank, Inc. was the day’s index leader, climbing 3.95% to P158. Alliance Global Group, Inc. was at the bottom, falling 3.23% to P6.30,” Mr. Tantiangco said.

Value turnover went down to P5.65 billion on Thursday with 1.04 billion shares exchanged from the P5.98 billion with 741.54 million issues traded on Wednesday.

Decliners narrowly beat advancers, 93 versus 90, while 45 names were unchanged.

Net foreign buying increased to P436.10 million on Thursday from P2.62 million on Wednesday. — Revin Mikhael D. Ochave with Reuters

Peso flat vs dollar as market awaits fresh leads

BW FILE PHOTO

THE PESO was flat against the dollar on Thursday as markets continue to monitor developments in the Trump administration trade policies and before the release of US producer inflation data.

The local unit closed unchanged at P57.36 per dollar on Thursday, Bankers Association of the Philippines data showed.

The peso opened Wednesday’s trading session weaker at P57.39 against the dollar. Its worst showing was at P57.41, while its intraday best was at P57.25 versus the greenback.

Dollars traded went up to $1.25 billion from $1.16 billion on Tuesday.

The peso mostly moved sideways on Thursday as the market remained cautious while awaiting fresh leads, including potential tariff policy announcements from US President Donald J. Trump, a trader said by phone.

“The peso resumed gains earlier in the day, partly after recent political noise [that have been] manageable so far,” Rizal Commercial Banking Corp. Chief Economist Michael L. Ricafort said in a Viber message.

The market was also looking ahead to the release of February US producer price index data overnight, Mr. Ricafort added.

For Friday, the trader sees the peso moving between P57.20 and P57.50 per dollar, while Mr. Ricafort expects it to range from P57.25 to P57.45.

The dollar struggled for traction on Thursday as investors worried about the impact of an escalating global trade war on US inflation and growth, Reuters reported. Against a basket of currencies, the dollar stood at 103.57, close to a five-month low.

A rise in global trade tensions and worries over US recession risks have rattled global markets and sparked huge volatility in currencies, as traders seesaw between relief and angst over Mr. Trump’s whipsaw policy changes.

Mr. Trump threatened further tariffs on European Union goods on Wednesday as major US trading partners said they would retaliate against the tariffs imposed so far.

US consumer inflation rose slightly less than expected in February, but the relief it offers could be temporary as the data did not fully capture the cascade of Mr.Trump’s tariffs. — A.M.C. Sy with Reuters

Russia weighs Ukraine ceasefire plan as US tries to seal a deal

REUTERS

MOSCOW — The Kremlin said on Wednesday it would review details from Washington about a proposal for a 30-day ceasefire in Ukraine before responding, while US Secretary of State Marco Rubio hoped a deal would be struck within days.

As Moscow considered the plan, President Vladimir Putin, dressed in military fatigues, made a surprise visit to Russia’s Kursk region for the first time since Ukrainian troops captured part of it last year.

With Mr. Putin’s presence highlighting recent Russian advances in Kursk, Valery Gerasimov, head of Russia’s General Staff, told the Kremlin leader his troops had repelled Ukrainian forces from 86% of the ground they once held in Kursk. Ukraine had hoped to use that territory as a bargaining chip in any peace talks with Moscow.

The US on Tuesday agreed to resume weapons supplies and intelligence sharing with Ukraine after Kyiv said at talks in Saudi Arabia that it was ready to support a ceasefire proposal.

The Kremlin on Wednesday said it was carefully studying the results of that meeting and awaited details from the US.

Mr. Rubio said the United States was hoping for a positive response, and that if the answer was “no” then it would tell Washington a lot about the Kremlin’s true intentions.

Speaking to reporters when his plane refueled in Ireland, Mr. Rubio said on Wednesday: “Here’s what we’d like the world to look like in a few days: Neither side is shooting at each other, not rockets, not missiles, not bullets, nothing… and the talking starts.”

Two people familiar with the matter said Russia has presented Washington with a list of demands for a deal to end the Ukraine war and reset relations with the United States.

The specific demands were not clear, nor whether Russia, which holds just under a fifth of Ukraine, was willing to enter peace talks with Kyiv prior to their acceptance.

The people said the demands were similar to previous Kremlin terms including no North Atlantic Treaty Organization (NATO) membership for Kyiv, recognition of Russia’s claim to Crimea and four Ukrainian provinces and an agreement that foreign troops not be deployed in Ukraine.

Mr. Rubio said that Europe would have to be involved in any security guarantee for Ukraine, and that the sanctions Europe has imposed would also be on the table.

After a meeting of five European defense ministers, British Defense Minister John Healey on Wednesday told reporters that work was accelerating on a “coalition of the willing from Europe and beyond” to support Ukraine. French Defense Minister Sebastien Lecornu said about 15 countries had expressed interest.

In Kyiv, Ukrainian President Volodymyr Zelensky hailed this week’s meeting in Saudi Arabia as constructive, and said a potential 30-day ceasefire with Russia could be used to draft a broader peace deal.

After Russian forces made gains in Ukraine in 2024, Mr. Trump reversed US policy on the war, launching bilateral talks with Moscow and suspending military assistance to Ukraine, demanding that it take steps to end the conflict.

Tuesday’s agreement signaled a major improvement in US-Ukraine relations after a clash between Mr. Trump and Mr. Zelensky at the White House last month sent them to a new low, but it did not alter the issues underlying the conflict with Russia, Ukrainian sources said.

RUSSIA WANTS ITS ADVANCES TAKEN INTO ACCOUNT
Russia’s invasion of Ukraine in early 2022 has left hundreds of thousands of dead and injured, displaced millions of people, reduced towns to rubble and triggered the biggest confrontation between Moscow and the West in six decades.

During Mr. Putin’s visit to Kursk, Mr. Gerasimov told him Russian forces had regained 1,100 square kilometers (425 square miles) of territory including 259 square kilometers in the last five days.

Kyiv’s forces have been on the verge of losing their foothold in Kursk. Their main supply lines were cut, and they ceded control of the town of Sudzha.

Mr. Putin called for Russia’s forces to swiftly retake any remaining area from Kyiv’s troops. He also made it clear he was considering the creation of a buffer zone in Ukraine’s Sumy region, across the border from Kursk.

Deep State, an authoritative Ukrainian site that charts the frontlines of the war, updated its battlefield map to show Ukrainian forces were no longer in control of Sudzha. However, it said fighting was continuing on the outskirts.

Ukraine’s top army commander said on Wednesday that Kyiv’s troops will keep operating in Kursk region as long as needed and that fighting continued in and around Sudzha.

Mr. Putin has repeatedly said he is ready to talk about an end to the war and Mr. Trump says he thinks Mr. Putin is serious, though other Western leaders disagree.

Reuters reported in November that Mr. Putin was ready to negotiate a deal with Mr. Trump but would refuse to make major territorial concessions and would insist Kyiv abandon ambitions to join NATO.

Ukraine says the regions claimed by Moscow have been annexed illegally and that it will never recognize Russian sovereignty over them.

Konstantin Kosachev, chairman of the international affairs committee of the Federation Council, the upper house of Russia’s parliament, said on Telegram that Russia’s advances in Ukraine must be taken into account in any deal.

“Real agreements are still being written there, at the front. Which they should understand in Washington, too,” he said. — Reuters

G7 foreign ministers meet in Canada amid tensions with Trump

FLICKR

LA MALBAIE, Canada — Foreign ministers of leading Western democracies meet in Canada on Thursday after seven weeks of rising tensions between US allies and President Donald J. Trump over his upending of foreign policy on Ukraine and imposing of tariffs.

The Group of Seven (G7) ministers from Britain, Canada, France, Germany, Italy, Japan and the United States, along with the European Union (EU), meet in the remote tourist town of La Malbaie, nestled in the Quebec hills for two days of meetings that in the past have broadly been consensual on the issues they face.

Top of the agenda for Washington’s partners will be getting a debriefing on US Secretary of State Marco Rubio’s talks on Tuesday with Kyiv in Jeddah, Saudi Arabia, where Ukraine said it was ready to support a 30-day ceasefire deal.

But in the run-up to the first G7 meeting of Canada’s presidency, the crafting of an agreed all-encompassing final statement has been tough.

A US decision to impose 25% tariffs on all steel and aluminum imports immediately drew reciprocal measures from Canada and the EU, underscoring the tensions.

Washington has sought to impose red lines on language around Ukraine and opposed a separate declaration on curbing Russia’s so-called shadow fleet, a murky shipping network that eludes sanctions, while demanding more robust language on China.

On Monday, Mr. Rubio cautioned that Washington did not want language that could harm efforts to bring Russia and Ukraine to the table. Speaking to reporters on Wednesday he said a good G7 statement would recognize that the United States has moved the process to end the war forward.

G7 diplomats said the positive outcome from Jeddah may at least ease talks on Ukraine.

The United States, since Mr. Trump’s return to office on Jan. 20, has taken a less-friendly stance on Ukraine, pushing for a quick deal to end the war, demanded European partners take on more of the burden without openly endorsing their role in future talks, and warmed Washington’s ties with Moscow.

TARIFFS TO 51ST STATE
Even Japan, so reliant on American security guarantees, has found itself in Mr. Trump’s firing line.

“It’s very difficult. Maybe we should wait for the G8,” said one European diplomat ironically.

Mr. Trump has suggested the G8 might be revived with the return of Moscow 11 years after its membership in the group was suspended over its annexation of Crimea.

Nowhere have the difficulties for US allies been more apparent than in Canada.

Relations between the United States and Canada are at an all-time low, thanks to Mr. Trump’s threats to impose tariffs on all imports from Canada and his constant musing about annexing the country to make it the 51st US state.

“We’re going to be focused in the G7 on all of those things. That’s what the meeting is about. It is not a meeting about how we’re going to take over Canada,” Mr. Rubio told reporters, highlighting how offbeat their ties have become.

That may not appease Ottawa. Foreign Minister Melanie Joly said on Wednesday she would be on the offensive at the G7.

“In every single meeting, I will raise the issue of tariffs to coordinate a response with the Europeans and to put pressure on the Americans,” she said.

European diplomats said they hoped to use the G7 to assess directly how much influence Mr. Rubio has on US foreign policy.

Mr. Trump has used a wide array of officials not linked to the State department in talks ranging from Ukraine to the situation in the Middle East, where allies have been alarmed by some of the erratic statements coming from Washington. — Reuters

Taiwan president warns of China’s ‘infiltration’ effort, vows counter measures

TAIWAN President-elect Lai Ching-te, of Democratic Progressive Party (DPP), holds a press conference, following his victory in the presidential elections, in Taipei, Taiwan, Jan. 13, 2023. — REUTERS

TAIPEI — Taiwan President Lai Ching-te said on Thursday China has deepened its influence campaigns and infiltration against the democratic island, pledging measures to tackle Beijing’s efforts to “absorb” Taiwan.

Taiwan has accused China of stepping up military drills, trade sanctions and influence campaigns against the island in recent years to force the island to accept Chinese sovereignty claims.

Speaking to reporters after holding a meeting with senior security officials, Mr. Lai said Beijing had used Taiwan’s democracy to “absorb” various members of society including organized crime groups, media personalities, and current and former military and police officers.

“They (China) are carrying out activities such as division, destruction, and subversion from within us,” Mr. Lai told a press briefing broadcast live from the Presidential office.

China’s Taiwan Affairs Office did not immediately respond to a request for comment.

Citing government data, Mr. Lai said 64 people were charged for Chinese espionage last year, three times more than in 2021. He said the majority of them were current or former military officials.

“Many are worried that our country, hard-earned freedom and democracy and prosperity will be lost bit by bit due to these influence campaigns and manipulation,” Mr. Lai said.

By making these efforts, Mr. Lai said China constituted what Taiwan’s Anti-Infiltration Act defined as “foreign hostile forces.”

The president proposed 17 legal and economic countermeasures, including the strict review of Taiwan visits or residency applications by Chinese citizens, and proposals to resume the work of the military court.

Mr. Lai also said his government would make “necessary adjustments” to the flows of money, people and technology across the strait. He did not elaborate.

In addition, he said the government would issue “reminders” to Taiwanese actors and singers performing in China on their “statements and actions,” a response to what Taipei sees as an ongoing Chinese campaign to pressure pop stars to make pro-Beijing comments.

“We have no choice but to take more active actions.”

China claims Taiwan as its own territory and has never renounced the use of force to bring the island under its control.

Taiwan’s government rejects Beijing’s sovereignty claims and says only the island’s people can decide their future. — Reuters

Australia’s top universities say US funding at risk due to Trump crackdown

FLATART-FREEPIK

SYDNEY — Australia’s top universities said on Thursday the Trump administration had cut US funding to some of its researchers and asked others who receive US government financial support to prove their work was aligned with American interests.

The Group of Eight, a coalition of Australia’s most research-intensive universities, said the action could jeopardize crucial medical and defense research in the country.

Some researchers who receive funding from US federal agencies had been asked to assess their work’s compliance with US President Donald J. Trump’s agenda in a 36-point questionnaire, said the universities.

The survey included questions on diversity, equity, and inclusion (DEI) programs that the Trump administration has been seeking to end. In some cases, recipients were only given 48 hours to respond, the Group of Eight said.

“We are extremely concerned about the broader implications of the Trump administration’s policy, not only for the future of health and medical research, but especially regarding defense collaboration,” the Group of Eight Chief Executive Officer Vicki Thomson said in a statement to Reuters.

The Group of Eight has sought Australian government intervention and is seeking urgent guidance from the US government, including a time extension to respond to the questionnaire, the statement said.

A spokesperson for the US embassy in Canberra declined to comment. Australia’s Education ministry did not immediately respond to a request for comment.

The Group of Eight universities carry out 70% of all university research in Australia and the US is their single largest global research partner.

The universities collectively received around $161.6 million in grants from the US National Institutes of Health (NIH) between 2020 and 2024.

The universities said some researchers had received a “show cause” notification to justify ongoing funding over the past week and an extensive survey with questions relating to the Trump administration’s priorities and research collaboration with China, Russia, Cuba or Iran.

The questionnaire, issued by the US Office of Management and Budget and seen by Reuters, asked Australian researchers questions such as: “Can you confirm that this is no DEI project (sic) or DEI elements of the project?” and “Does this project take appropriate measures to protect women and to defend against gender ideology?”

It also asked them to rank their projects on a scale from 1-5 based on how it promoted US interests such as preventing illegal immigration, limiting the flow of illicit drugs into the country, “combatting Christian prosecution” and strengthening US supply chains. — Reuters

China accuses New Zealand’s top spy of spreading ‘false information’

FREEPIK

BEIJING — China’s embassy in New Zealand on Thursday accused Wellington’s top spy of lying after the intelligence chief warned of security risks posed by Beijing’s growing influence in the Pacific.

In a speech in Wellington last week, New Zealand’s Security Intelligence Service Director-General Andrew Hampton said the focus of Pacific nations on economic and transnational crime issues had opened the door for China to sign strategic deals with them that linked economic and security cooperation.

“The relevant remarks are totally baseless, all fabrication, and amount to spreading false information,” the Chinese embassy in Wellington said.

“For someone holding a hammer, everything looks like a nail.”

In recent years, Beijing has struck deals with a number of Pacific nations, worrying New Zealand, a member of the Five Eye intelligence alliance along with Britain, the US, Canada, and Australia.

Mr. Hampton had last week said China wanted to “create competing regional architectures, and expand its influence with Pacific Island countries,” which posed foreign interference and espionage risks.

The Cook Islands, a self-governing Pacific nation in free association with New Zealand, is at the heart of recent tensions between China and New Zealand.

Cook Islands Prime Minister Mark Brown traveled to China in February, signing a comprehensive strategic partnership deal with Chinese Premier Li Qiang. That angered Wellington, which complained about the lack of consultation and transparency around Mr. Brown’s visit.

Relevant cooperation documents have been made public, the Chinese statement said, adding that there is no “secret agenda” in China’s relations with the Cook Islands.

China’s embassy in Wellington also handles the country’s diplomatic relations with the island nations of Niue and the Cook Islands. — Reuters

PBA Commissioner’s Cup Finals

BARANGAY GINEBRA GIN KINGS — PBA.PH

Gin Kings battle Castro-less TNT in Last Dance for third time

Game on Friday
(MOA Arena)
7:30 p.m. – TNT vs Barangay Ginebra
(Finals, Game 1)

AND off the old rivals go.

TNT, hunting for a twin-kill in Season 49, and Barangay Ginebra, gunning for a first title in nearly two years, fire the opening salvo in PBA Commissioner’s Cup championship series on Friday at the Mall of Asia (MOA) Arena.

This will be the third installment of what’s become a familiar sight over the last five conferences. The protagonists battled for the crown in the Season 47 and Season 49 editions of the Governors’ Cup with the Rondae Hollis-Jefferson-led Tropang Giga prevailing against Justin Brownlee (JB) and the Gin Kings both times.

“They beat us twice already so it’s on us to change the narrative,” Ginebra coach Tim Cone said ahead of the 7:30 p.m. finals opener.

There are major differences in the combatants’ rosters compared to the one that disputed the Governors’ Cup crown last November.

TNT’s Jayson Castro, the Finals MVP of the season-opening Governors’ Cup, is recovering from knee surgery, leaving big shoes to fill. Meanwhile, athletic wings Jamie Malonzo and Jeremiah Gray are back from injuries as mid-season acquisition Troy Rosario adds experience and talent for Ginebra.

“This one’s different. Jayson (Castro) is our composure leader, he keeps us calm, he controls the game in crucial moments,” said Mr. Hollis-Jefferson.

“I can say we can harp on that but in basketball, as in life, things happen and we’ve got to have the ‘next man up’ mentality. And I think we’ll be able to embrace that and kind of take it from there.”

Health issues bogged the Gin Kings, too, as Mr. Rosario sprained his ankle in their semifinal closeout and Mr. Brownlee had an asthma attack last Monday. But the five-day break apparently helped JB fully recover and gave Rosario a chance to see action.

“Troy (Rosario) is GTD (game-time decision) and Justin (Brownlee) is good to go,” Mr. Cone told The STAR on Thursday.

Just as Mr. Brownlee and Mr. Hollis-Jefferson are rekindling their rivalry, Mr. Cone and good pal and long-time rival Chot Reyes of TNT are facing off for the eighth time since 1994.

“More than the familiarity and the two of us as coaches, it’s really the players who are going to decide the series,” said Mr. Reyes.

“We could make our adjustments here and there, but after a while, it’s really going to come down to who’s able to get it done on the floor. So whether we’re familiar or not, I think the deciding factor is really what’s going to happen on the court.”

The Tropang Giga expect the Gin Kings to come in highly motivated to avenge their two finals losses and hoist the trophy again after their triumph in the Season 47 Commissioner’s Cup.

“We had the chance last conference. Obviously, we came up short. So we’re trying to double the effort this time,” said Ginebra’s Maverick Ahanmisi. — Olmin Leyba

CSB survives upset-conscious SBU in five sets

COLLEGE OF ST. BENILDE LADY BLAZERS — NCAA/ANGELA DAVOCOL

Games on Friday
(Arellano University Gym)
9 a.m. – Letran vs LPU (Men)
11 a.m. – Letran vs LPU (Women)
1 p.m. – SSC-R vs JRU (Women)
3 p.m. – SSCV-R vs JRU (Men)

COLLEGE OF ST. BENILDE (CSB) showed nerves of steel in the fifth and deciding set as it repulsed an upset-conscious San Beda University (SBU), 25-27, 25-19, 25-20, 26-28, 15-12, on Thursday to get back on their feet in NCAA Season 100 women’s volleyball at the Arellano University Gym.

The four-peat feat-seeking champions were still reeling from absorbing their first defeat in five years via a painful 25-22, 25-23, 26-24 defeat to the Colegio de San Juan de Letran Lady Knights last week and the Red Spikers were quick to pounce on it.

The CSB Lady Blazers, however, displayed incredible grit when it mattered, including the last set when they put on the finishing touches and sealed their fourth win in five outings.

It was a soothing balm for CSB after its defeat to Letran that sent its magical 43-game streak to a crashing halt.

Zam Nolasco paced her team with 22 points while Wielyn Estoque came off the bench to chip in 18 hits.

Also stepping up were Clydel Mae Catarig and former league MVP and team captain Mycah Go, who contributed 16 and 13 points, respectively.

San Beda sputtered to 0-5.

In men’s action, CSB edged San Beda, 25-20, 14-25, 26-28, 25-22, 19-17, to remain unscathed in five matches.

The Lions slipped to 3-2. — Joey Villar

Ionescu unveils two new courts in Bulacan

SABRINA IONESCU meets girls in Bulacan.

WNBA AND OLYMPIC champion Sabrina Ionescu spent her last day in Manila meeting new communities and inspiring young female ballers to reach new heights through the power of sports.

Fresh from a rousing exhibition game with Filipino basketball legends and hot young talents at the Smart Araneta Coliseum the night before, Sabrina traveled to Sta. Maria, Bulacan, to hold a skills camp for Girls Got Game Philippines (GGG), a local nonprofit that empowers young women ages 10 – 15, and is supported by Nike as part of the brand’s commitment to power the future of youth sport.

The skills camp took place at the Sacred Heart Academy (SHA) in Sta. Maria, where Nike and GGG partnered to set up creatively designed, multi-purpose courts in the school, aiming to grow the basketball community and empower women, similar to The Courtyard in BGC. Sabrina, along with Filipina visual artist and illustrator Jill Arteche, and the GGG campers, unveiled the new designs and made the first shot.

GGG campers peeled off tiled portions placed on the four corners of one of the courts and held them up for Sabrina to see. Visibly touched, Sabrina hugged the kids and said, “I want to thank you. I hope you all enjoy this and keep on going forward. Continue to work really hard and chase your dreams.”

The colorful artwork, celebrating the beauty and vibrancy of Filipino culture, features graphic details designed to empower SHA youth. The outdoor court, “Break The Barrier,” encourages young girls to defy norms by confidently stepping onto the court to claim their space in basketball.

After the skills camp, Sabrina visited Barangay Caysio, a vibrant community in Bulacan, known for its rich cultural heritage and close-knit atmosphere. The community prepared a fiesta for her to experience.

Sabrina is now headed to the next leg of her Asia tour in Guangzhou, China, where she will meet local athletes, visit hallowed courts, and host another grassroots basketball camp for girls. She will then move on to Hong Kong, where she will experience street basketball culture in a local neighborhood and visit schools to help students learn to break through barriers in life and sport.

NUNS one win away from UAAP S87 juniors crown

Games on March 20
(Filoil Ecooil Centre)
10 a.m. – NUNS vs UST (girls’ finals)
12 p.m. – UST vs NUNS (boys’ finals)

National University-Nazareth School (NUNS) moved closer to a sweet redemption with a gritty 77-70 win over University of Santo Tomas in Game 1 of UAAP Season 87 boys’ basketball finals on Thursday at the Filoil EcoOil Centre in San Juan.

Cameroonian center Collins Akowe collared a monstrous double-double of 24 points and 22 rebounds as the Bullpups barked one win away from avenging a runner-up finish in Season 86.

Mr. Akowe, norming 20.79 points, 19.21 rebounds, 2.71 assists, 1.79 blocks this season, was hailed as the Season MVP last year when NUNS bowed to Adamson University.

He was not to be denied this time around, drawing local support from Carl Alfanta and Chad Cartel with 14 points each.

It was Mr. Cartel who delivered the daggers in the clutch marked by a jumper and an assist to Mr. Alfanta in the final minute to give the Bullpups a 76-70 lead heading home.

“Huge credits to the boys, who really worked hard for this win. It’s very crucial to take Game 1 for our advantage next game,” said coach Kevin de Castro, looking to win NUNS’ first title since a back-to-back feat in 2019.

Aside from a huge Game 1 win though, the Bullpups also exacted vengeance on the Tiger Cubs that handed them a 76-56 loss in the elims to deny them an outright finals berth.

NU finished the two-round prelims with a 13-1 slate for the top-seed finish before dethroning the fourth-ranked Adamson in the Final Four. Santo Tomas also knocked off the No. 3 seed Far Eastern University in only one attempt.

Senegalese forward Racine Kane dropped 25 points, 12 rebounds, two assists, three steals and four blocks but to no avail for the Tiger Cubs. Koji Buenaflor (15) and Carl Manding (12) also had wasted efforts as Santo Tomas seeks to force a winner-all-take Game 3 next week.

In the girls’ division finals, presumptive MVP Barby Dajao scattered 25 points, 14 rebounds, five assists and five steals as Santo Tomas drubbed NUNS, 85-57, for a 1-0 lead. — John Bryan Ulanday

The Scores:

NUNS 77 – Akowe 24, Alfanta 14, Cartel 14, Napa 9, Palanca 7, Locsin 6, Pillado 3, Matias 0, Nepacena 0, Usop 0, Solomon 0, Natinga 0, Figueroa 0.

UST 70 – Kane 25, Buenaflor 15, Manding 12, Esteban 6, Cañete 5, Acido 3, Bucsit 2, Cinco 2, Ludovice 0, Solon 0, Vidanes 0.

Quarterscores: 23-23, 38-36, 63-62, 77-70.

Wolves rout Nuggets, extend run

ANTHONY EDWARDS scored 29 points, Julius Randle added 25 and the visiting Minnesota Timberwolves beat the Denver Nuggets 115-95 on Wednesday for their season-high sixth win in a row.

Jaden McDaniels contributed 16 points, Rudy Gobert had 11 points and 10 rebounds and Donte DiVincenzo added 10 points for Minnesota, which has beaten Denver five straight dating back to the 2024 playoffs.

Nikola Jokic had 34 points and eight rebounds, Russell Westbrook scored 19 points, Jamal Murray finished with 12 points and eight assists and Michael Porter Jr. logged 10 points and nine boards for the Nuggets.

Denver struggled from deep, making just seven of 30 shots (23.3%) and fell into a tie with the Memphis Grizzlies for second place in the Western Conference, a half-game ahead of the Los Angeles Lakers.

Minnesota used a smothering defense to take a 57-48 lead at intermission. The Nuggets shot 42.6% in the first half despite Jokic and Westbrook combining to go 17-for-25 from the field. — Reuters