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by Ben PERRY Agence France-Presse LONDON, United Kingdom (AFP) — Thousands of auto sector jobs are set to go across Europe, Jaguar Land Rover and Ford announced Thursday, under major restructuring as consumers dump diesel cars for greener electric vehicles. Brexit-facing JLR will axe around 4,500 mostly UK jobs, the Indian-owned carmaker said, after a slump in Chinese sales last year. US carmaker Ford said it planned a major restructuring of its European operations, including […]
NEW YORK, United States (AFP) — Global stocks mostly rose Thursday, with positive sentiment on US-China trade talks offsetting disappointing holiday sales from some US retailers. China said that trade talks in Beijing with a US negotiating team had “laid the foundation” to resolve concerns held by both sides in a bruising trade war, essentially echoing upbeat comments from US officials the prior day. Discussions between US and Chinese officials to find a way out […]
TOKYO, Japan (AFP) — Tokyo stocks closed lower on Thursday as investors took profits after three days of rallies and with fears over the US government shutdown weighing on the market. The benchmark Nikkei 225 index lost 1.29 percent, or 263.26 points, to 20,163.80, while the broader Topix index dropped 0.85 percent, or 13.10 points, to 1,522.01. “As the Nikkei 225 has gained about 900 (points) in the past three days, and as the meeting […]
HONG KONG, China (AFP) — Increasing optimism that China and the United States will be able to hammer out a deal to help ease their trade war provided the impetus for more gains across Asian markets on Wednesday. After taking a battering in December and suffering a shaky start to 2019, confidence is slowly returning to equity trading floors, though dealers remain on edge. Federal Reserve boss Jerome Powell provided the platform for a rally […]
Tokyo, Japan (AFP) — Tokyo stocks rose moderately Tuesday with a tailwind from gains on Wall Street as investor sentiment improved, partly thanks to optimism over US-China trade talks. The benchmark Nikkei 225 index, which jumped 2.44 percent on Monday, added 0.82 percent or 165.07 points to close at 20,204.04 while the broader Topix index was up 0.39 percent or 5.90 points at 1,518.43. US shares pushed higher for a second session in a row Monday amid […]
HONG KONG, China (AFP) — Asian markets mostly rose Tuesday with a little more optimism in the air than in recent weeks as China and the US hold trade talks and the Federal Reserve flags a more dovish stance. Wall Street provided another positive lead, extending Friday’s surge, with Chinese monetary easing at the weekend adding to the buying sentiment. Focus is now on Beijing, where Chinese and American officials were holding a second day […]
TOKYO, Japan (AFP) — Tokyo stocks opened higher on Tuesday with a tailwind from gains on Wall Street as investor sentiment improved, partly thanks to optimism over US-China trade talks. The benchmark Nikkei 225 index added 0.82 percent, or 168.82 points, to 20,202.79 in early trade, while the broader Topix index was up 0.55 percent, or 8.25 points, at 1,520.78. The US gains came amid continued relief after Federal Reserve Chair Jerome Powell on Friday […]
SEOUL, South Korea (AFP) — Samsung Electronics on Tuesday flagged its first quarterly profit drop in two years, painting a grim outlook amid mounting competition from Chinese smartphone makers and declining chip prices. The South Korean tech giant — the world’s top maker of smartphones and memory chips — has enjoyed record profits in recent years despite a series of setbacks, including a humiliating recall and the jailing of its de facto chief. But operating […]
TOKYO, Japan (AFP) — Tokyo stocks closed up more than two percent on Monday, after European and US markets roared last week on strong US data and dovish comments from the US Federal Reserve. The benchmark Nikkei 225 index added 2.44 percent, or 477.01 points, to end at 20,038.97 while the broader Topix index jumped 2.81 percent, or 41.37 points, to 1,512.53. In recent weeks, investors have aggressively sold down Tokyo shares on general worries […]
HONG KONG, China (AFP) — Asian markets rallied Monday after a blockbuster performance on Wall Street as US jobs data beat forecasts and the head of the Federal Reserve hinted at a slower pace of interest rate hikes. China’s move to make it easier for banks to lend also provided support to equities, while investors keep an eye on Beijing as negotiators begin talks to end a trade war between the world’s top two economies. […]
TOKYO, Japan (AFP) — Tokyo stocks opened up more than 3.0 percent on Monday, following European and US markets that roared last week on strong US data and dovish comments from the Federal Reserve. The benchmark Nikkei 225 index added 3.06 percent, or 598.00 points, to 20,159.96 in early trade while the broader Topix index jumped 3.05 percent, or 44.83 points, to 1,515.99. The robust open in Tokyo came as global investors embraced a strong […]
(Eagle News) — Tataas ang presyo ng mga produktong petrolyo ngayong linggo. Pero nilinaw ng ilang oil industry sources na hindi pa ito ang epekto ng excise tax na nakatakdang ipataw sa mga oil products ngayong taon. Inaasahang maglalaro sa Php 0.80 hanggang Php 0.90 ang dagdag sa presyo ng gasolina kada litro. Una nang sinabi ng Department of Energy na aabot sa isang buwan ang buffer stock ng mga kumpanya ng langis kaya dapat […]
