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ISTANBUL, Turkey (AFP) — Saudi Arabia said on Monday it was “not unthinkable” that the price of crude oil could surge to $60 a barrel by the end of the year but warned against drastic production cuts that might shock markets. Speaking in the opening keynote speech at the World Energy Congress in Istanbul, Saudi Energy Minister Khalid Al-Falih said that whatever the oil price the kingdom was in good shape to implement its reform […]
HONG KONG, China (AFP) Monday 4/25/2016 – Asian markets sank again Monday after losses on Wall Street and in Europe, with oil prices down and the yen recovering some of the losses suffered at the end of last week. Dealers moved cautiously at the start of a busy week that includes policy meetings at the US Federal Reserve and Bank of Japan as well as earnings reports from big-name firms including Sony and Nintendo. The losses […]
The Quezon City government closed three big markets in Balintawak – MC, Cloverleaf and Riverview – due to various violations. Said markets were not able to secure sanitary permits, environmental clearance certificate and fire safety inspection certificate. (Eagle News Service Described by Jay Paul Carlos, Video Editing by Dexter Magno, Uploaded by MRFaith Bonalos)
Trading in all securities were halted on the New York Stock Exchange on Wednesday following earlier reports of technical difficulties, although NYSE-listed issues was still trading on other exchanges. After the halt, U.S. stocks extended their losses, but in low volumes, with the S&P 500 hitting a session low and the Dow Jones Industrial Average and Nasdaq both falling more than 1 percent. “It’s under control. We’re just waiting for word. There’s no sign […]
The Department of Trade and Industry issued a show cause order against four supermarkets in Quezon City due to the high suggested retail price that they implement on holiday products.
