Breaking News, Latest Philippines Headlines, World, Entertainment, Politics, Weather & Video News
SHANGHAI, China (CCTV) — The Chinese government has been emphasizing the development of the rental market as a way to control the country’s real estate boom. The shift has encouraged the nation’s mega Internet companies like Alibaba and JD.com to explore apartment leasing. Alibaba has just launched its property rental service on its payment app Alipay. The service is similar to most rental apps — prospective tenants can find available apartments in suitable locations with […]
TOKYO, Japan (AFP) — Tokyo stocks opened higher Thursday, helped by a tailwind from an upbeat Wall Street and a cheaper yen, as traders begin to factor in this weekend’s election in the world’s third-biggest economy. The benchmark Nikkei 225 index rose 0.39 percent, or 82.33 points, to 21,445.38 in early trade, while the broader Topix index was up 0.30 percent, or 5.18 points, at 1,729.82. The dollar was higher at 113.05 yen in early […]
Samsung Electronics said Friday it expected profits to hit an all-time high in the third quarter, as booming semiconductor sales boost the South Korean IT giant. The company estimated operating profits of 14.5 trillion won ($12.8 billion) in the July-September period, a record for quarterly profit and nearly three times the 5.2 trillion won earned a year earlier. Sales are expected to have surged 29.65 percent on-year to 62 trillion won. Samsung did not announce […]
QUEZON CITY, Philippines (Eagle News) — Presidential Adviser for Entrepreneurship Joey Concepcion said that the support of the business sector for President Rodrigo Duterte continues to be strong despite the low satisfaction ratings of the President in the latest surveys. Concepcion said that the stock markets continue to post growth. He also added that the business sector continues to be supportive of the President’s priority infrastructure projects. https://youtu.be/Pc9mxFXqc0k
TOKYO, Japan (AFP) — Tokyo’s benchmark stock index ended flat Thursday morning, losing most of its early gains as profit-taking overshadowed fresh records on Wall Street and a cheaper yen. The Nikkei 225 ticked up 6.41 points to 20,633.07 by the lunch break, after closing at its highest level in more than two years on Wednesday. Tokyo’s broader Topix index reversed course to end the session down 0.07 percent, or 1.14 points, at 1,683.42. The […]
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 […]
NEW YORK, USA (Reuters) — Microsoft Corp Chief Executive Officer Satya Nadella said on Wednesday (September 27) the company’s search engine, Bing, will focus on expanding in the PC search market after losing its deal with Apple Inc’s voice assistant Siri. “Bing…is a big business growing at a strong double-digit rate, and we see a significant opportunity for us, even on the PC side,” Nadella said at a Reuters newsmaker event in New York. Earlier this […]
HONG KONG, China (AFP) — Most Asian markets edged up Wednesday and the dollar extended gains against its peers on expectations of further interest rate rises, while traders await the release of Donald Trump’s tax reform plan. While shares were broadly in positive territory, US-North Korea tensions continue to jangle nerves and keep investors from buying with any conviction. Hong Kong added 0.5 percent, while Shanghai edged up 0.1 percent and Singapore gained 0.8 percent. […]
GENEVA, Switzerland (Reuters) — Switzerland is the world’s most competitive economy for a ninth straight year, the Geneva-based World Economic Forum (WEF) said in its annual ranking on Tuesday (September 26). Since suffering a rare blip in 2008, when it was nudged into second place by the United States, the Swiss economy has maintained an efficient but unshakable grip on the top spot. The World Economic Forum, the same organization that runs the Davos meeting […]
TOKYO, Japan (AFP) — Tokyo stocks opened slightly lower Tuesday on a stronger yen as investors snapped up the safe haven currency following the latest flare-up between Washington and North Korea. The bellwether Nikkei 225 index fell 0.22 percent, or 43.99 points, to 20,353.59 in early trade, while the broader Topix index was down 0.08 percent, or 1.30 points, at 1,671.52. Okasan Online Securities said in a commentary that Japanese shares were following Wall Street […]
ZURICH, Switzerland (AFP) — Swiss-Swedish engineering group ABB agreed Monday to buy General Electrics’ industrial solutions unit for $2.6 billion euros (2.1 billion euros) in a move to boost its business in the United States. “GE’s global electrification solutions business, GE Industrial Solutions has deep customer relationships in more than 100 countries and an established installed base with strong roots in North America, ABB’s biggest market,” ABB said in a statement. GE Industrial Solutions is […]
