Barcelona's Brazilian forward Neymar competes during the King's Cup quarter-final first leg soccer match against Atletico Madrid at the Nou Camp stadium in Barcelona Jan. 21 Tiago Splitter Jersey , 2015. Barcelona won 1-0. (XinhuaPau Barrena) Barcelona's Uruguayan forward Luis Suarez reacts during the King's Cup quarter-final first leg soccer match against Atletico Madrid at the Nou Camp stadium in Barcelona Jan. 21, 2015. Barcelona won 1-0. (XinhuaPau Barrena) Barcelona's Spanish player Andres Iniesta competes during the King's Cup quarter-final first leg soccer match against Atletico Madrid at the Nou Camp stadium in Barcelona Jan. 21, 2015. Barcelona won 1-0. (XinhuaPau Barrena) Barcelona's Argentine forward Lionel Messi in action during the King's Cup quarter-final first leg soccer match against Atletico Madrid at the Nou Camp stadium in Barcelona Jan. 21, 2015. Barcelona won 1-0. (XinhuaPau Barrena) Barcelona's Uruguayan forward Luis Suarez competes during the King's Cup quarter-final first leg soccer match against Atletico Madrid at the Nou Camp stadium in Barcelona Jan. 21, 2015. Barcelona won 1-0. (XinhuaPau Barrena)
CLARK, the Philippines, Oct. 23 (Xinhua) -- The defense ministers from the Association of Southeast Asian Nations (ASEAN) on Monday started here their high-level security dialogue to discuss security issues facing the region including counterterrorism, drug trafficking and maritime conflicts.
ASEAN defense ministers held a breakfast meeting before the formal opening of the ASEAN Defense Ministers' Meeting (ADMM) to specifically discuss the threat of violent extremism in the region, Arsenio Andolong, chief of the Department of the Philippine National Defense' Public Affairs Service, told Xinhua.
Andolong said Malaysia initiated the breakfast meeting before the ADMM officially opened.
The Philippines, chair of ASEAN this year, is hosting the 11th ADMM and 4th ASEAN Defense Ministers' Meeting-Plus (ADMM-Plus) that include eight of ASEAN's dialogue partners, namely Australia, China, India, Japan, New Zealand, South Korea, Russia and the United States.
Philippine Defense Secretary Delfin Lorenzana said his country will push several initiatives during the two-day meeting, including "a three-year work program that will focus on streamlining, synergizing, and rationalizing ADMM efforts."
"This is to pursue our cooperative mechanisms in the most efficient and effective way possible," Lorenzana said.
Lorenzana said that the meeting hopes to come up "with frameworks for maritime interaction, education and training exchanges, aircraft encounters, among others."
The ADMM is the highest defense consultative and cooperative mechanism in the ASEAN.
ADMM aims to promote mutual trust and confidence through greater understanding of defense and security challenges, as well as enhancement of transparency and openness among the 10 ASEAN member states: Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.
The ADMM-Plus is a platform for ASEAN defense ministers to engage their dialogue partners from Asia and the Pacific.
NEW YORK, May 18 (Xinhua) -- U.S. stocks rallied on Monday with both the Dow Jones Industrial Average and the S&P 500 refreshing record highs, as investors bet that the Federal Reserve would delay interest rate increases due to recent weak economic data.
The Dow climbed to a new all-time high of 18,325.54 points before ending at its fifth closing record for 2015, up 26.32 points, or 0.14 percent, to 18,298.88.
The S&P 500 marked its ninth closing record for the year, adding 6.47 points, or 0.30 percent, to 2,129.20, after hitting an intraday record of 2,131.78 points.
The Nasdaq Composite Index rose 30.15 points, or 0.60 percent, to 5,078.44, within striking distance of its closing record of 5, 092.08 points set on April 24, 2015.
U.S. builder confidence in the market for newly built, single- family homes in May dropped 2 points to a level of 54, missing expectations of a slight gain, according to the National Association of Home BuildersWells Fargo Housing Market Index released Monday.
Some analysts believed that the U.S. central bank would not raise interest rates until early 2016 as a string of recent data indicated weakness in U.S. economic growth.
Investors also kept a close eye on the minutes of the Federal Open Market Committee meeting from April 29, which was scheduled for release Wednesday.
Overseas, the Greek government intends to meet all its financial obligations inside the country and abroad in coming weeks, but needs the prompt support of international creditors who should show consistency so that a compromise deal on the Greek debt is reached in May, Greek government spokesman Gavriil Sakellaridis said Monday.
European equities pared early losses to end mostly higher Monday as worries about the Greek debt crisis faded, with Britain' s benchmark FTSE 100 Index adding 0.12 percent.
In corporate news, Apple's shares rose 1.10 percent to 130.19 U. S. dollars apiece on Monday after activist investor Carl Icahn said the stock was "still dramatically undervalued" and that it should be trading at 240 dollars apiece.
The CBOE Volatility Index, often referred to as Wall Street's fear gauge, increased 2.83 percent to end at 12.73 on Monday.
In other markets, the U.S. dollar climbed against the euro amid rising concerns over Greece's debt issues.
In late New York trading, the euro fell to 1.1303 dollars from 1.1461 dollars in the previous session, while the dollar bought 120.01 Japanese yen, higher than 119.29 yen of the previous session.
Oil prices declined as the dollar appreciated against other currencies. A stronger greenback made the dollar-priced crude more expensive a. Cheap Jerseys Cheap Shirts Cheap Jerseys China Cheap Hoddies Cheap Hats Cheap New NBA Jerseys Cheap MLB Jerseys Cheap Sports Jerseys Cheap New Soccer Jerseys Cheap Soccer Retro Jerseys