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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).....»»
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......»»
Stocks snap 3-day rally as investors take profits
Local stocks took a breather yesterday, ending a three-day rally as investors cashed in on the market’s recent gains......»»
Philippine stocks rise after Wall Street gains
Philippine stocks rose yesterday, mirroring gains in the US market......»»
Philippine stocks advance following Wall Street rally
Philippine stocks bounced back yesterday, aligning with the recovery in Wall Street......»»
UK ticket scam: Taylor Swift fans, thousands of them, duped
Thousands of fans of pop megastar Taylor Swift have been hit by a wave of concert ticket scams ahead of her tour in the UK later this year, a British bank said Wednesday. At least 3,000 victims are likely to have been tricked into buying fake tickets since July, with over £1 million ($1.24 million) being lost to.....»»
Rice stocks down 25 percent in December – PSA
The country’s rice inventory posted a 25.2 percent decline in December, according to data from the Philippine Statistics Authority......»»
Market steps closer to 7,000 level
Investors yesterday pushed the benchmark index to within the 7,000 territory, as they opened the week making bets on local stocks ahead of the reporting February inflation......»»
Stocks slip on profit-taking
The stock market fell for a second consecutive session yesterday as investors stayed mostly on the sidelines ahead of the release of the country’s gross domestic product......»»
Buzzer-beater lifts Pasay over Batangas
Laurenz Victoria hit a dagger jumper at the buzzer to power Pasay past Batangas, 65-64, last Thursday in the MPBL (Maharlika Pilipinas Basketball League) Sixth Season at the FilOil Flying V Center in San Juan......»»
Dovish Powell lifts markets to historic highs
Last week, US equities reached new all-time highs, thereby lifting global stock markets. This came on the back of Federal Reserve (Fed) Chair Jerome Powell’s dovish policy statement. In that speech, Powell touted considerable progress in bringing down inflation, notwithstanding the bumps in the road toward the two percent target......»»
Panghulan s Hail Mary shot lifts Top Flight past Arellano in NBTC Division 2 finals
Joey Panghulan’s last-gasp half-court heave towed Top Flight Sports Canada into the National Basketball Training Center (NBTC) Division 2 finals over the Arellano Braves, 87-84, Friday afternoon at the Mall of Asia Arena in Pasay City......»»
Max Strus 59-footer lifts Cavaliers over Mavericks
In a thrilling game last night, Max Strus of the Cleveland Cavaliers made a 59-foot buzzer-beater to secure a 121-119 victory over the Dallas Mavericks......»»
BSP chief: GDP grew at faster pace in Q4
Philippine economic growth picked up further in the final quarter of last year despite the aggressive rate hikes delivered by the central bank, Bangko Sentral ng Pilipinas Governor Eli Remolona Jr. said......»»
Russian economy on sustainable growth trajectory - Mishustin
The country's GDP expanded above expectations last year Russia has not only withstood the pressure of Western sanctions and outside risks but has also managed to steer its economy toward sustainable growth, Prime Minister Mikhail Mishustin said on Tuesday. Every sector of industry registered positive dev.....»»
Comelec tightens rules on substitutions
The Comelec will set a shorter window for the withdrawal and substitution of candidates in the 2025 elections, spotlighting the apparent abuse of the practice in recent years by parties that intentionally field placeholder candidates to make strategic last-minute substitutions. .....»»
Market ends week with losses
Stocks fell anew yesterday as last-minute selling pulled down the market in the red......»»
Amparo steps in to replace Andales for the IBF world title bout in Japan
CEBU CITY, Philippines — In a surprising turn of events, world-ranked Jake “El Bambino” Amparo of the PMI Bohol Boxing Stable stepped in as a last-minute replacement for countryman ArAr Andales in facing the reigning International Boxing Federation (IBF) world minimumweight champion Ginjiro Shigeoka on March 31 in Nagoya, Japan. This was confirmed by PMI.....»»