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HONG KONG, China (AFP) — Asian markets rose on Wednesday as investors look ahead to a Group of Seven summit, while reports that China-US trade talks were progressing well provided some support. The gains extend a broad rally across the region in recent days as optimism in the US economy, the world’s biggest, has helped temper geopolitical worries. The Nasdaq hit another record in New York even as the lead from US traders was generally […]
TOKYO, Japan (AFP) — Tokyo stocks gained Tuesday as a strong US jobs report continued to support the global market while the yen edged lower against the dollar, boosting Japanese exporters. The benchmark Nikkei 225 index rose 0.28 percent or 63.60 points to close at 22,539.54, while the broader Topix index edged up 0.02 percent or 0.27 points at 1,774.96. “Investors remain utterly unfazed by the prospect of trade tariffs or even higher interest rates,” […]
(Eagle News) — Inilunsad ng Bureau of Treasury ang makabagong paraan ng pag-iinvest sa tinatawag na Retail Treasury Bonds (RTB). Ito na ang dalawampu’t isang issuance ng RTB ng Philippine government at kauna-unahan ito ngayong 2018. Sa halagang P5,000 pesos maaari nang makapag-invest ang sinuman. Bukod sa pansariling kapakanan na investment ay malaking tulong din anila ang RTB dahil nakakatulong ang isang investor sa mga pangunahing proyekto ng gobyerno tulad na lamang ng infrastructure program. […]
ZURICH, Switzerland (AFP) — Exports of Swiss watches ticked ahead nearly 14 percent in April, trade figures showed Tuesday, aided by strong demand from prime market Hong Kong. “After a relatively calm March, growth moved ahead strongly in April,” the Federation of the Swiss Watch Industry said, noting exports for the first four months of the year rose 11 percent on the same period of 2017 to 6.7 billion Swiss francs (5.8 billion euros, $6.75 […]
HONG KONG, China (AFP) — Hong Kong stocks fell on Tuesday with traders spooked by plunging oil prices and a brewing political crisis in Italy, as they also look ahead to the release of key US jobs data later in the week. The Hang Seng Index sank 1.00 percent, or 307.68 points, to 30,484.58. The benchmark Shanghai Composite Index gave up 0.47 percent, or 14.62 points, to 3,120.46 and the Shenzhen Composite Index, which tracks […]
(Eagle News) — The Department of Trade and Industry has given the assurance the government was extending assistance to the micro-entrepreneurs and residents who were affected by the six-month closure of Boracay. Speaking to Net 25’s Agila Balita on Monday, May 28, Trade Secretary Ramon Lopez said the assistance was in the form of skill trainings and seminars, and in the form of cash assistance. He said local entrepreneurs could sell their products through the government’s […]
(Eagle News) — The National Food Authority on Monday, May 28, said the prices of its imported rice that will be delivered to markets by June 5 will remain unchanged. In an interview over Radyo Agila, NFA spokesperson Rex Estoperez said the P27 up to P32 per kilo price range was in compliance with a directive from President Rodrigo Duterte. He made the statement amid the rising prices in commodities which critics attribute to the […]
(Eagle News) — The Department of Trade and Industry on Monday, May 28, urged the public to avail of basic goods and commodities in grocery stores and supermarkets. In an interview over Radyo Agila, Trade Secretary Ramon Lopez said these establishments, after all, sell these goods at the suggested retail prices (SRPs) set by the agency. Lopez said this was based on the reports provided by DTI personnel who were deployed to those stores to monitor the prices […]
HONG KONG, China (AFP) — Hong Kong stocks ended the week with losses on lingering China-US trade worries with traders also fretting over Donald Trump’s decision to call off his summit with North Korea’s Kim Jong Un. The Hang Seng Index fell 0.56 percent, or 172.37 points, to 30,588.04. The benchmark Shanghai Composite Index slipped 0.42 percent, or 13.35 points, to 3,141.30 and the Shenzhen Composite Index, which tracks stocks on China’s second exchange, dropped […]
(Eagle News) – Nagbabala ang Malacañang sa mga negosyante na nagsasamantala gamit ang Tax Reform and Inclusion o TRAIN law. Sinabi ni Presidential Spokesman Harry Roque na maaaring managot sa batas ang mga tiwaling negosyante sa bansa. Ginawa ni Roque ang pahayag dahil sa reklamo ng taumbayan sa taas ng mga bilihin. Ayon kay Roque totoong may epekto sa presyo ng mga bilihin ang TRAIN law dahil sa kaakibat na excise tax. Inihayag ni Roque […]
(Eagle News) — Posibleng magpatupad ng bagong oil price hike ang mga kumpanya ng langis sa susunod na linggo. Batay ito sa unang tatlong araw ng trading sa pandaigdigang merkado. Dahil sa patuloy na pagtaas sa presyo ng mga produktong petrolyo, pinag-aaralan na ng Malacañang ang posibilidad na umangkat ng langis sa Estados Unidos o Russia o mga bansang hindi miyembro ng Organization of the Petroleum Exporting Countries (OPEC). Ayon kay Presidential Spokesperson Harry Roque, […]
by Kyoko Hasegawa and Miwa Suzuki Agence France Presse TOKYO, Japan (AFP) — Japanese entertainment giant Sony Tuesday announced a $1.9-billion deal to acquire EMI Music Publishing, one of the world’s largest music publishing companies with rights to songs by the likes of Queen and Pharrell Williams. The deal adds a catalog of more than two million songs — including some of the greatest hits from the first half of the 20th century — to […]
