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Lua, Carpio grab division set pace at Summit Point

Julia Lua of La Salle-1 and Emilio Carpio of UP-1 navigated the rain-softened Summit Point layout in Batangas well on Wednesday, zooming to the lead in their respective divisions, which also helped their sides to positions to win the team event. Lua returned an 11-over-par 83 over a course that played much longer, taking an

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Gov’t budget shortfall hits two-month high

MANILA, Philippines — The government’s budget deficit widened to a two-month high in August, as revenues fell more sharply than expenditures, which slid to their lowest level in six months. The Marcos administration incurred a fiscal shortfall of P84.8 billion, 56 percent bigger compared with the level a year ago, the Bureau of the Treasury

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German business morale in shock fall

FRANKFURT, Germany — German business sentiment unexpectedly fell in September, a closely watched survey showed Wednesday, in a setback for Chancellor Friedrich Merz as he tries to revive Europe’s top economy. The Ifo institute’s confidence barometer fell to 87.7 points, down from 88.9 in August, breaking a run of eight straight increases. Analysts polled by financial

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