Author: WWC NEWSDESK

Business

Asia Stocks Sink as Oil Jumps and Fed Rate-Hike Bets Surge — But This Week’s Jobs Report Could Change Everything

SYDNEY, Aug. 31, 2026 — Asian markets opened the week under pressure Monday as investors confronted a dangerous combination: renewed fighting between the United States and Iran, oil prices climbing toward $90 a barrel and a Federal Reserve increasingly focused on inflation. Japan and South Korea suffered some of the region’s steepest losses as higher energy prices and rising US Treasury yields forced investors to reassess whether interest rates could stay elevated — or even rise again — for lon

August 31, 2026

Philippines

Habagat Won’t Let Up: Parts of Central Luzon Still Under Yellow Alert as Heavy Rains Threaten More Flooding

MANILA, Philippines — The rainfall warning may have been downgraded, but the threat from the relentless southwest monsoon is far from over. Parts of Central Luzon remained under a Yellow Rainfall Warning on Monday, August 31, as the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) warned residents in flood-prone areas to stay alert amid continuing rains. In its 8 a.m. advisory, PAGASA placed Zambales and Bataan, as well as several areas in Tarlac, Nueva Eci

August 31, 2026

Sport

Rabada Ruled Out of Australia ODIs — But a 10-Week Injury Timeline Could Cost South Africa Much More

South Africa have suffered a major blow before Australia even arrive. Pace spearhead Kagiso Rabada has been ruled out of the Proteas’ three-match ODI series against Australia in September because of a right hamstring injury — and the bigger concern is whether one of the world’s premier fast bowlers will recover in time for the far more important Test series that follows. Cricket South Africa confirmed that Rabada will miss the ODIs, which begin in Durban on September 24, as he undergoes rehabi

August 31, 2026

Philippines

11 Suspected Illegal Ironwood Logs Found in Sibuyan—But Who Left Them Behind?

SAN FERNANDO, Romblon — Authorities have seized 11 pieces of suspected illegally cut timber worth an estimated P55,000 on Sibuyan Island, raising fresh concerns over the protection of one of the Philippines' most environmentally significant island ecosystems. The Philippine Coast Guard (PCG) and the Department of Environment and Natural Resources (DENR) launched a joint operation after receiving a report about round logs allegedly left near a roadside area. Coast Guard personnel from Cajidiocan

August 31, 2026