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Xinhua world economic news summary at 0900 GMT, March 11
TOKYO -- Tokyo stocks closed significantly lower on Monday amid a strong yen and concerns for an overheated market following the overnight losses of tech-related shares in the Wall Street market. Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended down 868.45 points, or 2.19 percent, from Friday to close the day at 38,820.49, the lowest level since Feb. 21. (Japan-Tokyo Stocks).....»»
‘Project UNLOCKED’ empowers teens overcome fears post-pandemic
‘Project UNLOCKED’ empowers teens overcome fears post-pandemic.....»»
Tejero Creek water turns white, sparks fears among residents
Tejero Creek water turns white, sparks fears among residents.....»»
Tejero Creek water turns white, sparks fears among residents
Tejero Creek water turns white, sparks fears among residents.....»»
Tejero Creek water turns white, sparks fears among residents
Tejero Creek water turns white, sparks fears among residents.....»»
Lebanon s displaced celebrate Ramadan amid fears that border conflict might become the new normal
Lebanon s displaced celebrate Ramadan amid fears that border conflict might become the new normal.....»»
A UN agency says it can t deliver aid to northern Gaza because of chaos, and famine fears are rising
A UN agency says it can t deliver aid to northern Gaza because of chaos, and famine fears are rising.....»»
FACES OF CEBU: Jay-R Panuncialman, 23, Sinulog Idol 2024 champion
CEBU CITY, Philippines — Conquering our fears requires an immense amount of courage. But once you conquer your fears, it opens up windows of opportunities. Proof of this is John Ryan “Jay-R” Panuncialman. Panuncialman was hailed champion of the Sinulog singing competition, Sinulog Idol, last Jan. 18 held at the Fuente Osmeña Circle in Cebu.....»»
Philippine sports body allays fears of Olympic, Asiad, SEA Games ban
Fears of a potential ban from participating in the Olympics, Asian and Southeast Asian Games were quashed by the Philippine Sports Commission, saying it has adhered to what were required by the World Anti-Doping Agency and close to completing everything it was asked for......»»
CHR fears PUVMP may jeopardize right to sustainable livelihood
While the Commission on Human Rights (CHR) recognizes the government's decision to make public utility vehicles safer and more-eco friendly, the agency fears that it might do more harm than good......»»
Stocks rebound on encouraging GDP numbers
Local stocks rebounded from a two-day slump after Philippine economic growth was reported at 5.6 percent yesterday......»»
Philippine government retains 6.5 to 7.5 pct GDP growth target for 2024
MANILA, Jan. 26 (Xinhua) -- National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan on Friday expressed optimism that the Philippine government will achieve a gross domestic product growth of 6.5 percent to 7.5 percent in 2024. "This growth will be supported by low and manageable inflation, a labor force with access to more and better jobs, a stronger fiscal position in the form of a lower.....»»
Philippine government retains 6.5 to 7.5 pct GDP growth target for 2024
MANILA, Jan. 26 (Xinhua) -- National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan on Friday expressed optimism that the Philippine government will achieve a gross domestic product growth of 6.5 percent to 7.5 percent in 2024. "This growth will be supported by low and manageable inflation, a labor force with access to more and better jobs, a stronger fiscal position in the form of a lower.....»»
Stocks move in step with Asia-wide rally
Local stocks recovered yesterday, moving in step with Asian peers, ahead of US inflation data that could influence the Federal Reserve’s thinking on rate cuts, while the crypto world got a boost after exchange-traded funds to track Bitcoin were approved in the United States......»»
S& P: Philippines may miss growth goal this year
S&P Global Ratings sees the Philippines again missing its growth targets this year as it kept its gross domestic product growth forecast at 5.9 percent. While the projection is better compared to other economies in the region, it is again below the government’s 6.5 to 7.5 percent growth target......»»
CitySavings Named One of the 2024 Philippines’ Growth Champions
City Savings Bank (CitySavings) continues to cement its position to become the leading mass market bank in the country with its inclusion as one of the 2024 Philippines’ Growth Champions. The Philippine Daily Inquirer released the report with international market research firm Statista. This year’s Philippines’ Growth Champions are companies with remarkable growth and resilience […].....»»
East Asia and Pacific to see moderate growth
The East Asia and the Pacific region is expected to have moderate growth this year amid headwinds from tight financial conditions and geopolitical rifts, according to a new report from the World Economic Forum......»»
Stocks extend losing streak
Local stocks continued its descent as investors took a cautious approach ahead of the Bangko Sentral ng Pilipinas policy meeting......»»
Stocks advance anew on rosy corporate earnings
Local stocks advanced for a second consecutive session as rosy corporate earnings provided a boost to investor sentiment......»»
Stocks rebound as Wall Street bounces back
Local stocks bounced back yesterday to close the week on a positive note as the local bourse mirrored gains in the US market......»»