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Is an Inflation Shock Imminent? The Daily Guardian Explores Wall Streets Concerns
Inflation Concerns Rise as Consumer-Price Index Falls Short of Expectations Inflation has been a hot topic of discussion recently, with hopes that the Federal Reserve.....»»
Xinhua world economic news summary at 0900 GMT, Jan. 31
TOKYO -- Tokyo stocks closed higher on Wednesday, as investors took an optimistic attitude for the domestic earnings season over positive results reported by Japanese firms. Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average ended up 220.85 points, or 0.61 percent, from Tuesday to close the day at 36,286.71. The broader Topix index, meanwhile, finished 24.17 points, or 0.96 percent,.....»»
Philippines jobless rate drops to decades-low in December 2023
MANILA, Feb. 7 (Xinhua) -- The unemployment rate in the Philippines decreased to 3.1 percent in December 2023, the lowest since 2005, the Philippine Statistics Authority (PSA) said on Wednesday. "The full-year unemployment rate for 2023 was 4.3 percent compared to 5.4 percent in 2022," PSA head Dennis Mapa said at a press conference. Mapa said about 1.60 million were jobless in December last year. "This w.....»»
Philippines inflation rate slows to 2.8 pct in January
MANILA, Feb. 6 (Xinhua) -- Year-on-year inflation in the Philippines further eased to 2.8 percent in January from 3.9 percent in December 2023, the Philippine Statistics Authority (PSA) said on Tuesday. PSA head Dennis Mapa told a press conference that the January inflation rate is the lowest since the 2.3 percent inflation rate was recorded in October 2020. In January 2023, inflation rate was 8.7 percent.....»»
Cebu gears up for hottest May yet: May 1 temperature to hit 40°C
CEBU CITY, Philippines – Cebu will continue to endure scorching heat as the maximum heat index on Tuesday, April 30, is expected to reach 39 degrees Celsius. The following day, May 1, will mark the beginning of the hottest month of the year due to the combination of summer and El Niño. The heat index.....»»
PSEi surges with strong foreign buying ahead of Lunar New Year break
MANILA, Philippines —The Philippine Stock Exchange Index (PSEi) rose on Thursday due to strong foreign buying ahead of the long weekend. By the end of trading, the PSEi went up by 0.29 percent (20.12 points) to reach 6,850.16, while the broader All Shares index rose by 0.21 percent (7.45 points) to 3,574.21. There will be.....»»
China’s Xinjiang battles harshest cold spell in over 6 decades
State media say the milestone temperature in the Tuerhong township of Fuyun county was the lowest since records began in Xinjiang, surpassing a temperature of minus 51.5 C set on January 21, 1960.....»»
2.4M Dabawenyos working as of Oct 2023
The October 2023 Preliminary Employment report by the Philippine Statistics Authority-Davao Region (PSA-Davao) reveals that 64 percent of the 3.780 million Dabawenyos aged 15 and above are part of the labor force, indicating that 2.42 million individuals are employed. This represents a 1.8 percentage point increase from the previous year. The report also highlights a 97.1 percent employment rate in the Davao Region as of October 2023, with a 2.9 percent unemployment rate, lower than the national average. Despite this, the region still maintains the highest employment rate in the Philippines. Additionally, the report compares employment rates across different regions, with Soccsksargen, Barmm, Central Luzon, CAR, Caraga, Western Visayas, Cagayan Valley, Mimaropa, and Central Visayas surpassing the national average. The Bangsamoro Autonomous Region in Muslim Mindanao (Barmm) records the highest labor force participation rate among 17 regions, while the Zamboanga Peninsula has the lowest rate. The data is collected through the Labor Force Survey (LFS) conducted quarterly and monthly by the PSA central office and its regional statistical services offices. The Davao Region, with nearly 6 million inhabitants, remains the 7th most populous region in the country......»»
Market slips from last minute selling
The Philippine Stock Exchange index (PSEi) slipped by 9.51 points, or 0.14 percent, to close at 6,618.69, while the broader All Shares index dipped by 0.37 point, or 0.01 percent, to settle at 3,524.15......»»
PAGASA: 36 areas under ‘dangerous’ heat index classification
In the latest heat index bulletin of PAGASA, it said that 36 areas in the country on Monday will be under the “danger” classification, with temperatures ranging from 42°C to 47°C......»»
Metro Manila, 34 iba pang lugar asahan ang ‘dangerous’ heat index –PAGASA
MAG-INGAT ulit mga ka-BANDERA sa matinding init! Kahit umulan na ‘nung nakaraan, nagbabala ang Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) na aasahang aabot sa “dangerous” levels ang heat index sa Metro Manila at 34 pang lugar ngayong araw, May 13. Para sa mga hindi aware, ang “danger” category ay nasa pagitan ng 42°C to.....»»
Heat index in Laoag, Aparri may reach 46 °C on Sunday – Pagasa
MANILA, Philippines — Two areas, namely Laoag City in Ilocos Norte and Aparri in Cagayan, might experience the highest heat index on Sunday at 46 °C, according to the forecast of the Philippine Atmospheric, Geophysical, and Astronomical Services Administration (Pagasa). These places are followed by Roxas City in Capiz and Guiuan in Eastern Samar at.....»»
31 areas, including Metro Manila, face dangerous heat index on May 12
State weather bureau PAGASA warned that the heat index in 31 areas across the country, including parts of Metro Manila, is expected to soar to dangerous levels on Sunday......»»
27 areas to reach dangerous heat index on May 11
State weather bureau PAGASA said that the heat index in 27 areas is expected to reach the dangerous levels on Saturday......»»
Pangasinan town implements 4-day workweek amid high heat index
Pangasinan town implements 4-day workweek amid high heat index.....»»
30 areas under ‘dangerous’ heat index classification — PAGASA
In the latest heat index bulletin of PAGASA, it said that 30 areas in the country will be under the “danger” classification, with temperatures ranging from 42°C to 47°C......»»
DOH warns public vs heat stroke amid high heat index
DOH warns public vs heat stroke amid high heat index.....»»
Aparri, Cagayan heat index expected to hit 48°C
MANILA, Philippines — Aparri in Cagayan is expected to hit the highest heat index on Sunday at 48 degrees Celsius (°C), according to the Philippine Atmospheric, Geophysical, and Astronomical Services Administration (Pagasa). Based on Pagasa’s forecast, Dagupan City in Pangasinan might also experience extreme heat at 47°C, followed by Virac in Catanduanes at 45°C. Apart.....»»
Dangerous heat index expected in 30 areas nationwide, including NCR
State weather bureau PAGASA reported that the heat index in 30 areas across the country, including parts of Metro Manila, is expected to soar to dangerous levels on Saturday......»»
Heat index nakakapaso sa 41 lugar
Mapanganib pa rin ang lebel ng init ng panahon ngayong Martes sa 41 lugar ng bansa, kabilang ang Metro Manila, ayon sa Pagasa. The post Heat index nakakapaso sa 41 lugar first appeared on Abante......»»