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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).....»»
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).....»»
Japan recession: Scaled back spending helps push economy to where it is now
TOKYO — To grasp the dynamics that bumped Japan into recession and off its perch as the world’s third largest economy on Thursday, look no further than Risa Shinkawa’s dining habits. Unlike unionised workers at big manufacturers such as Toyota Motor, the 32-year-old aesthetician isn’t expecting a pay rise anytime soon. Rather, her salary has.....»»
Japan unexpectedly slips into recession, Germany now world’s third biggest economy
Frail consumption and capital spending point to a challenging outlook for Japan’s economy.....»»
Entitled politicians
I just returned from Tokyo for meetings with the Japanese Ministry of Foreign Affairs and the Japan Trade Organization, the government-related organization that promotes trade and investments between Japan and the world......»»
Beyond weddings: Celebrations at the Marco 2024 embrace all milestones
Marking its 18th anniversary, Marco Polo Plaza Cebu hosts its signature event, “Celebrations at the Marco,” in the hotel’s majestic grand ballroom. This unique event brings together over 40 trusted event suppliers for a two-day extravaganza from May 18 to 19, 2024, offering a one-of-a-kind experience for all attendees. Departing from the traditional ribbon cutting,.....»»
Boxing trainer Domingo is confident Jerusalem will upset Shigeoka
CEBU CITY, Philippines — Veteran boxing trainer, Michael Domingo of ZIP Sanman Boxing Team, is confident that his prized ward Melvin “Gringo” Jerusalem will make a repeat of the latter’s January 2023 world title victory in Japan. The Cebu-based Jerusalem will face the defending World Boxing Council (WBC) world minimumweight champion, Yudai Shigeoka, in Nagoya,.....»»
Big Dome, MOA eyed for FIVB world meet
The Philippines will be the only second Asian country, next to Japan, to host the FIVB Men’s World Championship when the 32 best teams in the world converge on local soil to duke it out for the coveted volley crown on Sept. 12 to 28 next year......»»
More Filipino boxers gunning for world title in 2024
CEBU CITY, Philippines — Passionate Filipino boxing fans were utterly disappointed with Jerwin Ancajas‘ ninth-round knockout loss in the hands of World Boxing Association (WBA) world bantamweight champion Takuma Inoue in Tokyo, Japan, last Saturday. Many of these fans believed that the era of Philippine boxing was over and finding another “Manny Pacquiao” wasn’t that.....»»
Ancajas loses to Inoue via a 9th rd. KO in world title duel
CEBU CITY, Philippines — Takuma Inoue successfully defended his World Boxing Association (WBA) world bantamweight title after knocking out Jerwin “Pretty Boy” Ancajas in the ninth round of their match on Saturday, February 24, at the Kokugikan Arena in Tokyo, Japan. Inoue landed a powerful right uppercut to Ancajas’ abdomen that knocked the latter out.....»»
Sultan fights in Inoue-Ancajas undercard
CEBU CITY, Philippines — Former world title challenger Jonas “Zorro” Sultan joins former world champion Jerwin “Pretty Boy” Ancajas in the same fight card on February 24, 2024, in Tokyo, Japan. Sultan will face Japanese newcomer Riku Masuda in an eight-rounder bout in the undercard of Ancajas’ world title duel against Takuma Inoue. READ: Inoue.....»»
Roque: Duterte got info ‘he may be arrested any time’
Former president Rodrigo Duterte claimed to have information that he could be arrested “any time” in light of the International Criminal Court probe into his administration’s controversial drug war, according to his former spokesman Harry Roque......»»
Mathematics tour recap: Ed Sheeran sends ‘shivers’ rippling through Manila
In his two-and-a-half hour concert brought by Ovation Productions, Sheeran thrilled the audience with chart-topping tunes from his math-themed albums "+", "×", "÷", "-", and "=", including collab tracks, spanning genres including rock, hip-hop, pop and ballads......»»
PCG sends vessel to Philippine Rise
Amid reports that two Chinese research ships were spotted in the Philippine Rise, the Philippine Coast Guard yesterday deployed one of its biggest vessels, the BRP Gabriela Silang, to conduct a maritime domain awareness patrol in the area......»»
Santisima, Castino fell short in Japan debut
CEBU CITY, Philippines — Two Filipino boxers faltered in their scheduled fights at the Korakuen Hall in Tokyo, Japan on Saturday, March 2. Cebu-based Alex Santisima Jr. and PMI Bohol Boxing Gym’s Jhunrille Castino suffered knockout defeats in the hands of Japanese prospects in the same fight card put up by Teiken Promotions. ALSO READ:.....»»
SC upholds Philippines-Japan economic pact
The Supreme Court has upheld the constitutionality of the Japan-Philippines Economic Partnership Agreement, a bilateral trade and investment deal entered into by the two countries during the Arroyo administration and ratified by the Senate in 2008......»»
‘Exposing China’s bad behavior won’t lead to war’
It is “illogical” and “preposterous” to conclude that exposing China’s bad behavior in the West Philippine Sea would lead to World War III, Commodore Jay Tarriela of the Philippine Coast Guard said yesterday......»»
Ramadan brings no relief as Israel-Hamas war rages in Gaza
The first day of Ramadan on Monday arrived like others for Palestinians in war-ravaged Gaza: stalked by famine and disease, shivering in tents and threatened by bombs more than five months into fighting between Israel and Hamas militants. As the Muslim world welcomed the holy month and its customary daytime fast, many Gazans faced bombardment.....»»
Larry Summers warns that the war vs inflation might not be over
Larry Summers, the former US Treasury Secretary (under President Bill Clinton) and former Chief Economist of the World Bank, said that the US Federal Reserve may still need to raise rates before it can declare victory in the war against inflation......»»
World champion Collazo calls out Jerusalem for a unification bout
CEBU CITY, Philippines — The reigning World Boxing Organization (WBO) world minimumweight champion Oscar “El Pupilo” Collazo didn’t give the newly-crowned World Boxing Council (WBC) world minimumweight Melvin “Gringo” Jerusalem enough time to celebrate. Collazo immediately called out Jerusalem for a unification bout and a rematch following the latter’s split decision victory to dethrone erstwhile.....»»