Breaking News, Latest Philippines Headlines, World, Entertainment, Politics, Weather & Video News
By Caesar Vallejos Eagle News Service Sellers and buyers will soon engage in a single platform where they could transact business from supply chain management to procurement and logistics. Procurement and Supply Institute of Asia (PASIA) Chairman of the Board and CEO Charlie P. Villasenor said that the rise of a single electronic marketplace is one of the technology disruptions that will impact on the industry. “This could be the next biggest story in the […]
NEW YORK, United States (AFP) — Global stocks were mixed Tuesday as the White House sent conflicting messages about the likelihood of a trade deal with China at this week’s G-20 summit. Markets in Europe and Asia finished mostly lower after US President Donald Trump on Monday appeared to dismiss the idea of agreement with Beijing at the Group of 20 leaders’ meeting. But the more upbeat comments on Tuesday from White House economic advisor […]
TOKYO, Japan (AFP) — Tokyo stocks opened higher Wednesday on gains on Wall Street and a cheaper yen, while investors await US-China summit talks amid speculation about a possible trade deal. The benchmark Nikkei 225 index, which has closed higher for the past three days, added 0.51 percent or 111.66 points to 22,064.06 in early trade while the broader Topix index was up 0.34 percent or 5.60 points at 1,649.76. “The Tokyo market, encouraged by […]
TOKYO, Japan (AFP) — Tokyo stocks rose for the third straight session on Tuesday, as investor sentiment improved following rallies on Wall Street with expectations growing for a year-end shopping spree. The benchmark Nikkei 225 index gained 0.64 percent or 140.40 points to close at 21,952.40, while the broader Topix index was up 0.73 percent or 11.96 points at 1,644.16. “The Tokyo market took a positive lead from New York, where stocks rallied with a […]
HONG KONG, China (AFP) — Asian markets were mixed Tuesday as dealers focused on crunch G20 talks between Donald Trump and Xi Jinping, with the US president warning he will ramp up his trade war with China if the two do not reach a deal. With the economic superpowers in the middle of an increasingly bitter standoff, there are hopes the two leaders will be able to work out an agreement that brings them back […]
NEW YORK, United States (AFP) — Global stocks rallied Monday, shaking off recent weakness ahead of a meeting between the presidents of the United States and China that investors hope will produce a breakthrough. Markets were also hopeful as oil prices stabilized, Britain sealed a Brexit deal with the EU and Italy signaled a more conciliatory stance in a budget fight with Brussels. “The main driver is that we were oversold for a short period […]
MONTREAL, Canada (AFP) — General Motors is to announce on Monday the closure of a factory in Canada, putting almost 3,000 jobs at risk, Canadian news media reported. The decision is part of the US automaker’s plans for a comprehensive global restructuring, channel CTV reported Sunday, citing several anonymous sources. Other media, including Radio-Canada/CBC, had similar reports. The plant in Oshawa, about 60 kilometers (40 miles) northeast of Toronto, was built in 1953, according to […]
TOKYO, Japan (AFP) — Most Asian markets rose Monday as investors tentatively pick up cheap stocks, with focus on an expected meeting between Donald Trump and Xi Jinping at the weekend that will be watched for signs of a softening in the China-US trade war. The broad gains came despite more hefty selling in energy firms after another collapse in oil prices on Friday, while the pound was flat against the dollar after European Union […]
(Eagle News)–Metrobank founder George Ty has passed away. Metrobank made the announcement in a statement issued on Friday, Nov. 23. “It is with deep sadness that we announce the peaceful passing of our beloved founder and group chairman Dr. George S.K. Ty. He was surrounded by family and loved ones at the time,” Metrobank said. Ty, 86, reportedly passed away after months of fighting pancreatic cancer. The wake will be at the Heritage Park in […]
(Eagle News) –Good news for motorists! Another round of reduction in the pump prices of petroleum products is set next week. This would be the eighth consecutive week that oil firms will cut its prices for its petroleum products. In the first three days of trading in the world market, the decrease on the prices of diesel per liter was Php 1.73, while the reduction on the prices of gasoline per liter was Php 0.67 […]
by Hiroshi HIYAMA / Anne BEADE Agence France Presse TOKYO, Japan (AFP) — Nissan’s board sacked Carlos Ghosn as chairman on Thursday, a spectacular fall from grace for the once-revered boss whose arrest for financial misconduct has stunned the business world, as France and Japan insisted they want the Nissan-Renault alliance to survive the scandal. Ghosn, in jail since Monday, stands accused of under-reporting his income by millions of dollars and a host of other […]
by Richard CARTER / Anne BEADE Agence France Presse TOKYO, Japan (AFP) — Nissan board members appeared poised to oust disgraced tycoon Carlos Ghosn as chairman Thursday, after his spectacular arrest for financial misconduct stunned the car industry and the business world. Ghosn stands accused of under-reporting his income by millions of dollars and a host of other financial irregularities, in a stunning fall from grace for the once-revered titan of the auto sector. […]
