TOKYO, Japan (AFP) — Tokyo stocks opened higher on Thursday, partly supported by a cheaper yen against the dollar. The benchmark Nikkei 225 index advanced 0.40 percent, or 88,54 points, to 22,020.75 in early trade, while the broader Topix index was up 0.32 percent, or 5.46 points, at 1,707.34. The dollar fetched 112.06 yen in early Asian trade, against 112.03 yen in New York and 111.05 yen in Tokyo on Wednesday. “Japanese shares are seen […]
Tag: business
Asian markets bounce on bargain buying as dollar extends rally
(AFP) — Asian markets on Thursday recovered from the previous day’s hammering, oil prices bounced and the dollar extended a rally on the back of expectations the US is better prepared to deal with a trade war with China. While investors remain on edge about a damaging standoff between the world’s two economic superpowers, there are hopes the two sides will avoid an escalation despite Donald Trump threatening tariffs on a further $200 billion of […]
Tokyo stocks open lower as trade war worries resurface
TOKYO, Japan (AFP) — Tokyo stocks opened lower on Wednesday as worries about a trade war resurfaced after the United States announced a new list of Chinese export goods subject to tariffs. The benchmark Nikkei 225 index fell 0.84 percent, or 187.00 points, to 22,009.89 in early trade while the broader Topix index was down 0.70 percent, or 12.08 points, at 1,704.05. “Sales are seen dominating after US trading in after hours saw declines following […]
Starbucks to phase out plastic straws by 2020
WASHINGTON, United States (AFP) – Global coffee giant Starbucks announced Monday it is to eliminate all plastic straws from its 28,000 stores by 2020, becoming the latest corporate giant to take steps to combat pollution from disposable plastic. After months of tests, many of them carried out in Britain, the firm announced the news on Twitter. The plastic straws will be replaced by recyclable lids that have a small raised opening allowing consumers to sip […]
Tokyo stocks open higher with yen stable against dollar
TOKYO, Japan (AFP) — Tokyo stocks opened higher on Monday, extending rallies in New York with the cheaper yen also supporting the market. The benchmark Nikkei 225 index edged up 0.23 percent, or 51.08 points, to 21,839.22 in early trade while the broader Topix was up 0.34 percent, or 5.75 points, at 1,697.29. “After gaining in early trade, the Tokyo market today could lose a sense of direction” as positivity generated by rallies last week […]
Chile on alert after copper price falls
SANTIAGO, Chile (AFP) — The world’s largest copper producer, Chile, said it was concerned Wednesday as copper fell to a nine-month low ahead of the first shots of a US-China trade war this week. “We are worried and we hope it’s a transitory effect,” Finance Minister Felipe Larrain told a news conference, attributing the 2.0 percent drop to US trade tariffs on goods from China and the prospect of Chinese retaliation. “Unfortunately, what we have […]
Tokyo stocks open flat on investor jitters over US-China trade row
TOKYO, Japan (AFP) — Tokyo stocks opened flat on Thursday on investor jitters a day before a US deadline to impose tariffs on Chinese imports. The benchmark Nikkei 225 index edged up 0.01 percent or 1.77 points to 21,718.81 in early trade while the broader Topix was down 0.16 percent or 2.71 points at 1,690.54. “A wait-and-see mood is likely to spread as it is yet to be seen what will happen” with Washington and […]
Gobyerno, umaasang lalago ng 7% ang GDP sa 2nd quarter ng taon
(Eagle News) — Umaasa ang gobyerno na lalago ng 7 (%) percent ang ekonomiya ng bansa sa second quarter ng taon. Ayon kay Socioeconomic Planning Secretary Ernesto Pernia, ito ay dahil sa mas mataas na nagastos ng gobyerno sa capital equipment at sa ‘Build, Build, Build’ program’. Sa datos ng Department of Budget and Management (DBM), makikita na tumaas ng 26 % o nasa 58.1 billion pesos ang nagastos ng gobyerno sa proyektong imprastraktura noong […]
Japan business confidence slips in June survey: BoJ
TOKYO, Japan (AFP)–Confidence among Japan’s biggest manufacturers has slipped for the second straight quarter, a key central bank survey showed on Monday. The Bank of Japan’s Tankan report — a quarterly survey of about 10,000 companies — showed a reading of 21 among major manufacturers in its June survey against 24 in the March report. The latest Tankan, however, hardly made economists pessimistic about the world’s third largest economy, with the headline index still close […]
Asian markets fall as trade war fears weigh on sentiment
HONG KONG, China (AFP) — Asian markets fell Monday as fears of a global trade war continue to dog investors, with Donald Trump threatening fresh tariffs on European cars and reports he is considering curbs on Chinese investment in the US. There was little sign of relief after equities suffered a pummelling last week in response to tit-for-tat warnings by Beijing and Washington, which has fuelled concerns about the potential damage to the world economy. […]
Tokyo stocks open flat with investors wary of trade war
TOKYO, Japan (AFP) — Tokyo stocks opened flat on Monday with worries over a US-China trade war partly offset by optimism about the US economy. The benchmark Nikkei 225 index edged up just 0.20 points to 22,517.03 in early trade, while the broader Topix index was down 0.11 percent or 1.95 points at 1,742.88. Falls in Japanese shares come after world stock markets mostly climbed Friday despite rising trade tensions, with the Dow snapping an […]
Hong Kong, Shanghai stocks end week with gains
HONG KONG, China (AFP) — Hong Kong stocks finished a painful week on a positive note Friday but investors remain on edge about a possible trade war between China and the United States. The Hang Seng Index rose 0.15 percent, or 42.65 points, to close at 29,338.70, sinking 3.18 percent over the week. The benchmark Shanghai Composite Index gained 0.49 percent, or 13.95 points, to 2,889.76 but it lost 4.37 percent over the week. The […]





