Warriors’ Klay Thompson a game-time decision vs. Lakers

first_imgOAKLAND — Warriors guard Klay Thompson is listed as questionable for Saturday’s game against the Los Angeles Lakers (5:30 pm PT, ABC) because of an unspecified illness that also sidelined him during Thursday’s loss against Philadelphia.“Klay was not here today,” Warriors coach Steve Kerr said about the team’s optional day. “He’s still sick. We’ll see how he’s doing tomorrow.”Thompson was in the Warriors’ locker room before Thursday’s game, but then reported feeling sick. The Warriors then …last_img read more

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Emerging markets pull investors

first_img22 November 2007Equity markets in the emerging world have weathered the sub-prime credit crunch in developed markets more easily than any previous market turmoil, and are expected to remain a sought-after investment destination, if not a safe haven, for many years to come, according to Steve Minnaar, head of equity research at Old Mutual Investment Group SA (Omigsa).Speaking at a presentation in Johannesburg on Tuesday, Minnaar said this year’s shake-out of credit markets had in fact helped to accelerate an investor shift from the developed world to emerging markets that has been under way since 2001.He said investors were likely to take advantage of the expected faster growth rates and better relative returns to increase their exposure to emerging market equities – including some attractive companies listed in South Africa.Outperforming developed marketsEmerging equity markets have outperformed developed markets since 2001, with the MSCI emerging market index moving up five-fold – from just above 250 points in 2001 to around 1 300 points currently. By comparison, the MSCI world index recorded an increase of just over 70% over the same period.In response to the sub-prime crisis in the US, some key emerging equity markets, like South Africa, saw immediate drops of 12%. However, they quickly recovered, Minnaar said, and the MSCI emerging markets index has since then gone on to outperform developed markets.In fact, he said, many investors reacted by shifting funds from the major developed markets to emerging markets. In the fourth week of September alone, US$13-billion was withdrawn from US, Japanese and European equity funds, of which $5.5-billion went directly into emerging market funds, according to EPFR Global, which monitors international fund flows.“It’s still about the search for yield, and investors now have more knowledge of, and confidence in, emerging markets,” Minnaar said. “US fund managers typically seek returns of over 10%, which they can’t get in their own market or Europe – they have to look elsewhere.”$94-billion over next three yearsAccording to a recent Citigroup poll of chief investment officers, representing over $1-trillion in assets under management, professionals plan to increase their emerging markets exposure from 5.7% to 15.1% of their portfolios over the next three years, while cutting US positions and maintaining those in Europe.“Allocations to ‘other’ emerging geographies (like Africa) are expected to rise to 3.5% from 0.4% currently,” Minnaar noted. “This implies $94-billion in fund inflows to emerging markets between now and 2010.”African markets should benefit from this trend, Minnaar pointed out, attracting investments due to robust economic growth and improved liquidity and regulation in recent years.A November 2007 report from the World Bank showed that sub-Saharan African economies grew at 5.4% year-on-year over the past decade, above the global average of 3.2%, and are forecast to grow at 5.3% in 2007 and 5.4% in 2008.SA investors: look closer to home“Too often South African investors look past Africa to more distant destinations for their emerging market investments, but they shouldn’t forget to look closer to home,” Minnaar said.“In sub-Saharan Africa today, outside South Africa, collective market capitalisation now stands at a substantial $60-billion. Although the economies of the region are dominated by resources, because most resource companies are listed elsewhere, sub-Saharan equity markets are, in fact, dominated by financial counters, accounting for 48% of listed companies.“Financial services and consumer-related companies are growing strongly in many countries, and these sectors are among those that should see accelerating growth in the future.”At the same time, Minnaar pointed out, individuals didn’t have to invest in an emerging markets fund to gain their exposure, but could easily build their own emerging market portfolio with a handful of locally listed shares.“We have numerous South African-listed companies with a well-established presence in emerging markets, like BHP Billiton, Anglo American, MTN, Standard Bank and SABMiller.“There is also a second tier of companies that are now increasing their operations in emerging markets, like Didata, Shoprite, Vodacom and Telkom. With such good growth prospects ahead, local investors shouldn’t be afraid to include emerging markets exposure in their equity portfolios.”SAinfo reporter Want to use this article in your publication or on your website?See: Using SAinfo materiallast_img read more

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Jobs: Flash Has Had Its Day, It’s HTML5 Time

first_img8 Best WordPress Hosting Solutions on the Market A Web Developer’s New Best Friend is the AI Wai… Related Posts Why Tech Companies Need Simpler Terms of Servic… Top Reasons to Go With Managed WordPress Hosting Steve Jobs, the co-founder and CEO of Apple, which leapt fully armed from the head of Zeus in 1976, spoke this evening at the D8 Conference near Los Angeles. The conversation was live-blogged on the conference site and elsewhere.All Things Digital‘s Walt Mossberg and Kara Swisher moderating, feeding Jobs questions. Asked about Apple’s rejection of Flash, Jobs said he did not think it was unfair to consumers. “Sometimes when we get rid of things, people call us crazy… But sometimes you just have to pick the things that are going to be the right horse to ride forward… And Flash has had its day… but HTML5 is starting emerge.”Apple, the live-blogs note Jobs as saying, was the first to drop both the floppy and use USB. However, Jobs also noted that “Adobe came after us” and his Flash letter was a response to that. “We’re just trying to make great products,” says Jobs.”We don’t think Flash makes a great product, so we’re leaving it out. Instead, we’re going to focus on technologies that are in ascendancy.”Top photo by TomBottom photo by Robert Gaal curt hopkins Tags:#Apple#web last_img read more

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Ebondo carries CEU past Batangas to 1st win

first_imgDon’t miss out on the latest news and information. But that was their last hurrah, as Ebondo imposed his will for the Scorpions down the stretch.Ablaza led Batangas with 16 points, six rebounds, and three assists, while Saitanan got 12 markers and two boards.Unfortunately, those efforts weren’t enough as the Batangueños suffered their first loss in three games.The Scores:CEU 72 – Ebondo 26, Uri 10, Wamar 9, Aquino 8, Intic 6, Casiño 4, Jeruta 3, Arim 2, Cruz 2, Manlangit 2, Guinitaran 0.ADVERTISEMENT “I can’t say anything about Rodrigue. He was all-out for us,” said coach Yong Garcia, who chalked up his first victory in the developmental ranks.Ebondo was stellar in the duel as he pulled CEU to the shore with his 26 points, 22 rebounds, and six blocks.FEATURED STORIESSPORTSSEA Games: Biñan football stadium stands out in preparedness, completionSPORTSPrivate companies step in to help SEA Games hostingSPORTSMalditas save PH from shutoutChristian Uri added 10 markers, Orlan Wamar contributed nine points and five boards, and Art Aquino tallied eight markers and five rebounds for the Scorpions.CEU lost hold of its eight-point lead, 58-50, early in the payoff period, as Cedrick Ablaza and Jessie Saitanan helped the Batangueños to even grab a 70-68 lead with 1:11 to play. Heart Evangelista admits she’s pregnant… with chicken Rod Ebondo. PBA IMAGESRod Ebondo drilled the go-ahead putback and secured the game-saving block in the waning seconds as he towed Centro Escolar University to a thrilling 72-70 victory over Batangas for a breakthrough win in the 2017 PBA D-League Foundation Cup Thursday at Ynares Sports Arena in Pasig.The Congolese big man atoned for his forced drive and scored on the second try to give his side a slim 71-70 lead with 18.1 seconds left before towering over Joseph Sedurifa and swatting his potential game-winning floater as the Scorpions notched their first win in three tries.ADVERTISEMENT World’s 50 Best Restaurants launches new drinking and dining guide What ‘missteps’? Heart Evangelista admits she’s pregnant… with chicken 1 dead in Cavite blast, fire Curry to pass on White House celebration visitcenter_img WATCH: Firefighters rescue baby seal found in parking garage Ethel Booba on hotel’s clarification that ‘kikiam’ is ‘chicken sausage’: ‘Kung di pa pansinin, baka isipin nila ok lang’ MOST READ LATEST STORIES Lacson: SEA Games fund put in foundation like ‘Napoles case’ Robredo: True leaders perform well despite having ‘uninspiring’ boss PLAY LIST 02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games BATANGAS 70 – Ablaza 16, Saitanan 12, Sedurifa 9, Bautista 8, De Joya 8, Dela Peña 7, Isit 4, Laude 4, Ragasa 2, Anderson 0, Mag-isa 0, Mendoza 0.Quarters: 23-13, 37-33, 56-50, 72-70.Sports Related Videospowered by AdSparcRead Next View commentslast_img read more

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Fortune marvels at Pacquiao conditioning: ‘A physical freak’

first_imgFILE PHOTO – Manny Pacquiao together with strength and conditioning coach Justine Fortune inside the Wild Card gym in Los Angeles, California, April 4, 2016. Pacquiao is in perfect condition for his fight against Timothy Bradley Jr. according to Fortune. PHOTO BY REM ZAMORABRISBANE, Australia—If Jeff Horn thinks he can outmuscle Manny Pacquiao through superb physical conditioning, he’s grossly mistaken.As far as strength coach Justin Fortune is concerned, Pacquiao is a rare gem in this aspect.ADVERTISEMENT He sees Pacquiao eating voraciously five times a day during training camp, yet hardly reaches the 147-pound limit.Consider Pacquiao’s preparations for Horn.Five days before they tangle for the World Boxing Organization welterweight crown, Pacquiao weighed 145 lb after a hearty meal.Turning 39 in December, Pacquiao also shows little sign of slowing down, convincing Fortune that he’d be able to stop Horn, if he wills himself into it.Horn’s vaunted right won’t land because Pacquiao will beat him to the punch.ADVERTISEMENT Roach: Pacquiao ‘good for a couple more fights’ Heart Evangelista admits she’s pregnant… with chicken Pagasa: Kammuri now a typhoon, may enter PAR by weekend Cayetano to unmask people behind ‘smear campaign’ vs him, SEA Games LATEST STORIES WATCH: Firefighters rescue baby seal found in parking garage Don’t miss out on the latest news and information. View commentscenter_img “A physical freak,” as Fortune describes the eight-division world champion.Fortune, a Sydney-born Australian now running a boxing and fitness gym in Hollywood, should know.FEATURED STORIESSPORTSSEA Games: Biñan football stadium stands out in preparedness, completionSPORTSPrivate companies step in to help SEA Games hostingSPORTSMalditas save PH from shutoutHe’d worked with Pacquiao for several years, including the time when Pacquiao was wreaking havoc on every division he steps into.Even then, Pacquiao continues to marvel Fortune with his stamina and metabolism. MOST READ What ‘missteps’? World’s 50 Best Restaurants launches new drinking and dining guide Sports Related Videospowered by AdSparcRead Next Lacson: SEA Games fund put in foundation like ‘Napoles case’ 1 dead in Cavite blast, fire Robredo: True leaders perform well despite having ‘uninspiring’ boss PLAY LIST 02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Gameslast_img read more

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Indigenous delegates make final plea to UN for inclusion of rights in

first_imgBrandi Morin APTN National NewsIndigenous delegates attending the United Nations environmental meetings in Paris, COP21, believe it’s not too late for Indigenous rights to be included in the global treaty expected to be ready for signing this weekend.Negotiations lasted into the early morning hours Friday in Paris as world diplomats continue work to create a global climate change deal.Members of the International Indigenous Peoples Forum on Climate Change (IIPFCC) held a news conference Friday to appeal to member states at the United Nations Framework Convention on Climate Change (COP21) to include their rights in the treaty.The text related to human and Indigenous rights was removed and bracketed last week- then it was removed all together in the latest drafts of the treaty.Kenneth Deer, from the Kahnawake Mohawk Territory is in Paris and a delegate of IIPFCC. He said the lack of reference to these rights is disturbing. And their omitance from the treaty makes way for governments and corporations to continue violating Indigenous rights.“Our peoples have been violated for centuries now,” said Deer. “Whether it was by colonization or globalization. If COP21 doesn’t protect the rights of Indigenous Peoples, COP21 will be the new globalization. Climate change will be used as an excuse to violate the lands and territories and natural resources of Indigenous Peoples.”“Indigenous peoples are stewards of biodiversity, stewards of confronting climate change,” argued IIPFCC Africa caucus member Daniel Ole Sapit.“Yet you (states) completely delete any reflection of their rights- this is a total sham for us! This needs to be looked at even with the one day that’s left of negotiations.”There is mention of considering traditional Indigenous knowledge when it comes to finding solutions to climate change in the agreement.Although COP21 member states recognize the connections Indigenous peoples have to the land, according to Deer it would render traditional knowledge ineffective without the inclusion of their rights.“As Indigenous Peoples who’ve been warning the world for decades that the climate is changing, they didn’t listen to us then and we feel they’re not listening to us now,” said Deer.“We have a lot to teach the world on how to mitigate climate change, global warming and we’re willing to share that. And we’re only hoping that the world will listen to us and help us to make the world a better place for all human beings to live in,” he said.Canada is one of several countries advocating for the inclusion of human and Indigenous rights. The Minister of Environment and Climate Change Catherine McKenna has taken a lead role in Paris and is helping to facilitate negotiations. The final draft of the treaty was initially due Friday, but negotiations are now projected to go into the weekend.“I am continuing to advocate for the inclusion of language on human rights and the rights of Indigenous Peoples in the text of the Paris Agreement,” said McKenna in a statement.It’s been a long haul for negotiators trying to form consensus, working day and night to hash out the details on the final agreement.“We’re entering the home stretch now. I am hopeful the final days and hours will see all parties with me at the table and working together to conclude this agreement. And that this agreement will become a new pathway to a greener economy and a cleaner planet.”Meanwhile, over a hundred people from Indigenous communities from around the globe protested outside the headquarters of Total in Paris, an energy producing company connected to Canada’s tar sands.Protestors concerned about pollution to Indigenous lands and high rates of greenhouse gas emissions from Alberta’s oil industry reminded Prime Minister Justin Trudeau of his commitment to reduce global warming.“Indigenous rights cannot coexist with tar sands exploitation,” said Daniel T’seleie, Dene community member attending the protest in Paris. “Colonialism in its current manifestation has Indigenous communities being held as economic hostages by Canada and multinational fossil fuel corporations like Total. Dependence on the fossil fuel economy needs to be replaced with local, sustainable economic opportunities in Indigenous communities if Indigenous rights are to be realized and protected.”Celebrities attending COP21, like actor and environmentalist Robert Redford and actor Alec Baldwin are giving voice to Indigenous groups in Paris.“I am here to capture the reality of Indigenous peoples and their culture,” said Baldwin while attending an event at the Peru Pavilion at COP21.“Protecting forests and water goes beyond discussions, and that’s important.”[email protected]last_img read more

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An egg a day can reduce risk of stroke

first_imgConsuming an egg – nutrient-rich source of high quality protein – per day may lead to a 12 per cent reduction in risk of stroke, a new research shows. One large egg boasts six grams of high-quality protein and antioxidants lutein and zeaxanthin, found within the egg yolk, as well as vitamins E, D, and A, the study said.“Eggs do have many positive nutritional attributes, including antioxidants, which have been shown to reduce oxidative stress and inflammation. They are also an excellent source of protein, which has been related to lower blood pressure,” said lead researcher Dominik Alexander of the EpidStat Institute, Michigan, US. Also Read – Add new books to your shelfFor the study, the team conducted a systematic review and meta-analysis of studies dating back between 1982 and 2015. They evaluated relationships between egg intake and coronary heart disease in 2,76,000 participants and stroke in 3,08,000 participants.“The study underscores prior research, showing the lack of a relationship between eggs and heart disease and now suggests a possible beneficial effect of eating eggs on risk of stroke,” added Tia M Rains, Interim Executive Director of the Egg Nutrition Center – the scientific research arm of the American Egg Board. The findings were published in the Journal of the American College of Nutrition.last_img read more

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