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TOKYO, Japan (AFP) – Tokyo stocks rose Tuesday morning after Wall Street powered to new records, with investor sentiment buoyed by strong US manufacturing data. The benchmark Nikkei 225 index rose 0.77 percent, or 157.45 points, to 20,558.23 by the break while the broader Topix index gained 0.45 percent, or 7.52 points, to 1,681.14. (Agence France-Presse).
TOKYO, Japan (AFP) — Nissan said Monday it was recalling some 1.2 million cars in Japan that did not meet domestic rules for the final inspection of vehicles. “Approximately 1,210,000 units produced between October 2014 and September 2017 will be subject to re-inspection,” the Japaese automaker said in a statement. The announcement came after Nissan’s shares slumped in Tokyo on reports that tests were performed by staff who were not certified to check the vehicles […]
HONG KONG, China (AFP) – Asian markets rose Monday following records on Wall Street last week on hopes that President Donald Trump’s tax reforms would breathe new life into the US economy. Both the S&P 500 and Nasdaq ended at records, with investors buoyed by expectations of strong earnings ahead of the third-quarter corporate reporting season, which begins in about two weeks. “Stock market euphoria rages on propelled by tax cuts and perhaps a misguided […]
By Rob Lever with Julie Charpentrat in San Francisco Agence France-Presse WASHINGTON, USA (AFP) — Google announced new steps to help struggling news organizations Monday — including an end to a longstanding “first click free” policy to generate fresh revenues for publishers hurt by the shift from print to digital. The moves come amid mounting criticism that online platforms are siphoning off the majority of revenues as more readers turn to digital platforms for news. […]
TOKYO, Japan (AFP) — Tokyo stocks opened modestly higher on Monday, tracking gains on Wall Street as the Bank of Japan’s Tankan survey showed business confidence hitting its highest level in a decade. The benchmark Nikkei 225 index rose 0.16 percent, or 32.65 points, to 20,388.93 in early trade while the broader Topix index was up 0.13 percent, or 2.21 points, at 1.676.96. Ten minutes before the opening bell in Tokyo, the central bank’s Tankan […]
TOKYO, Japan (AFP) – Confidence among Japan’s biggest manufacturers has jumped to its highest level in a decade, a key central survey showed Monday, as the world’s number three economy picks up the pace. The Bank of Japan’s Tankan report — a closely watched quarterly survey of more than 10,000 companies — showed a reading of 22 among major manufacturers in its latest report, the highest since its September 2007 reading when the headline figure […]
by Roland Jackson Agence France Presse NEW YORK, United States (AFP) — Global stocks mostly rose Friday, with Wall Street scoring fresh records, amid upbeat sentiment over growth and the upcoming third-quarter corporate reporting season. Both the S&P 500 and Nasdaq ended at records, with technology shares especially strong. Money managers have been cheered by the release of President Donald Trump’s tax cut plan, as well as expectations of solid earnings. Analysts estimate companies in […]
(Eagle News) — After almost a decade of delay, authorities on Friday held the launch of the start of construction of the P2.8-billion Grand Unified Central Station that will link the Light Rail Transit 1, the Metro Rail Transit 3 and the planned MRT 7, in Quezon City. In a television interview, Department of Transportation Secretary Arthur Tugade said the launch of the P2.8-billion project was made possible after the “parties involved” sat down and […]
by Kyoko Hasegawa Agence France Presse TOKYO, Japan (AFP) — A raft of broadly positive economic data gave Japan’s Prime Minister Shinzo Abe a boost on Friday, as he kicked off an election campaign in which the health of the world’s third-biggest economy will play a major role. Factory output grew more than expected while household spending — seen as key for Japan’s exit from years of deflation — edged up and the unemployment rate […]
by Danny Kemp Agence France Presse BRUSSELS, Belgium (AFP) — Britain and the European Union on Thursday hailed the progress of “constructive” Brexit divorce negotiations following a major speech by Prime Minister Theresa May, but Brussels warned that trade talks may still be months away. Speaking after the fourth round of talks in Brussels, European Union negotiator Michel Barnier and his British counterpart David Davis agreed that May’s speech in Florence had created a “new […]
by John Biers Agence France Presse NEW YORK, United States (AFP) — US and European stocks won modest gains Thursday, while the dollar pulled back with some analysts pointing to ebbing optimism about Washington’s ability to enact a tax cut. Wall Street scored significant gains Wednesday after the outline of President Donald Trump’s long-awaited tax cut was finally released. The proposal would cut the corporate tax rate from 35 percent to 20 percent as part […]
(Eagle News) — Philippine Airlines on Thursday said it would “continue to cooperate with any and all agencies to resolve” issues in relation to what the government said were its unpaid navigational charges. In a statement, PAL said the “issue…involves complex legal issues which PAL has been trying to thresh out with the (Civil Aviation Authority of the Philippines) for years.” PAL said it was CAAP which, in August 2016, “sent letters to the company […]
