Cebu gov told to pay bank $700,000 in damages

CEBU CITY, Philippines — Cebu Gov. Gwendolyn Garcia may have to hand over some $700,000 (about P39 million) to a bank after the Supreme Court rejected her petition challenging the alias writ of execution that required her to pay damages to Hongkong and Shanghai Banking Corp., Ltd. (HSBC) for failing to settle her debt for