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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).....»»
SEC to work with Go on capital market reforms
The Securities and Exchange Commission has vowed to work closely with Special Assistant to the President for Investment and Economic Affairs Secretary Frederick Go to push reforms that would deepen the capital market......»»
Easing Middle East tensions push market higher
The stock market advanced for a second consecutive session yesterday as it received much-needed boost from gains in the US market as well as easing tensions in the Middle East......»»
Malaysia holds historic biz market footprint in city
CONSIDERING the business climate and unique geographic position of Davao City, the Malaysia External Trade Development Corporation (Matrade) under the trade promotion agency of the Ministry of Investment, Trade and Industry (MITI) has set a historic business market footprint in the city through the Market Immersion Mission, making Davao one of their smart cities in the country, alongside the Philippine’s capital region, Manila......»»
Nikon acquires Red Digital Cinema, enters professional video market
Nikon Acquires Red Digital Cinema to Enter Professional Digital Cinema Camera Market In a strategic move to expand into the professional digital cinema camera market,.....»»
Cebu City College construction in Ramos Public Market starts
CEBU CITY, Philippines — The construction of the Cebu City College in Ramos Public Market is ongoing despite the continued operation of some vendors there. This was confirmed by Grace Arinaza, admin aide 3 of Ramos Public Market, via Sugboanon Channel’s program on Wednesday, Feb. 7. The construction of the Cebu City College was already.....»»
Mactan airport records higher passenger traffic for Q1 2024
CEBU CITY, Philippines — The country’s second busiest airport welcomed close to 3 million passengers for the first quarter this year. Passenger traffic at the Mactan Cebu International Airport (MCIA) reached 2,692,815 from January to March 2024, data from the Mactan Cebu International Airport Authority (MCIAA), the government body co-managing the airport, showed. The figures.....»»
Argentine President Javier Milei meets with Elon Musk at Tesla headquarters
Tesla CEO Elon Musk recently welcomed Argentine President Javier Milei to the company’s headquarters in Austin, Texas for an unprecedented meeting. The two prominent figures.....»»
Complete gear ko : Jennylyn Mercado figures in motorcycle accident
Kapuso star Jennylyn Mercado was involved in a motorcycle accident recently. .....»»
‘Unselfish’ Meralco nails maiden win in Philippine Cup
Meralco banks on a balanced attack of six players scoring in double figures as it overcomes Rain or Shine in overtime.....»»
Google CEO Admits AI Model ‘Biased’
Google Chief Executive Officer Sundar Pichai acknowledged that the company’s artificial intelligence (AI) model, Gemini, generated biased content, including images depicting historical figures from diverse ethnicities and genders. This comes as he addressed the issues in an internal memo, stating that such outputs are “unacceptable” and that the company is actively working on improvements. “I […].....»»
Philippine landslide death toll almost doubles to 27: official
The death toll from a landslide that hit a gold-mining village in the southern Philippines nearly doubled to 27 on Friday, officials said, as rescuers retrieved more bodies from the mud. The number of people missing from Tuesday's landslide in Masara in the mountainous province of Davao de Oro on Mindanao island fell to 89 from more than 100, while the number of injured rose to 32, the latest figures from.....»»
OFWs pillar of Philippine economy – MVP
Modern-day heroes, figures of resilience – these are just some of the ways to describe what Filipinos living overseas mean to the Philippines......»»
Philippine landslide death toll almost doubles to 27: official
The death toll from a landslide that hit a gold-mining village in the southern Philippines nearly doubled to 27 on Friday, officials said, as rescuers retrieved more bodies from the mud. The number of people missing from Tuesday's landslide in Masara in the mountainous province of Davao de Oro on Mindanao island fell to 89 from more than 100, while the number of injured rose to 32, the latest figures from.....»»
PMA graduates taking a stand on hot issues
Politics hates a vacuum. Most Opposition figures have sold out to the Administration supermajority. Bishops who once chided official excesses have quieted down. A new force is filling the void – the Cavaliers......»»
‘No risk of political reform in economic Cha-cha’
Apprehensions over possible insertion of political reforms like lifting of term limits for elected officials are misplaced since the ongoing economic Charter change in Congress covers only economic provisions, according to former Supreme Court justice Adolfo Azcuna......»»
Below target growth dampens market
The stock market plunged yesterday as the below target economic expansion in the first quarter did not sit well with investors......»»
Agdao Public Market vendors want variety and vegetable sections merged
DAVAO CITY (MindaNews / 24 March) – Vendors of Agdao Public Market here are asking the city government to merge the Variety and Vegetable Sections into one section claiming they have difficulties in getting customers because of their location. In a letter addressed to Mayor Sebastian Duterte, the City Administrator’s Office, the City Economic Enterprise […].....»»
Dot Property Southeast Asia Awards 2023 celebrates foremost developers, projects and agencies
The Southeast Asia real estate market currently faces challenges in the face of the global economic environment and tightening access to finance, however, the winners at this eighth annual Dot Property Southeast Asia Awards were celebrated in recognition of their resilience and adaptability to both the evolving needs of home seekers and the surrounding market conditions......»»
Strengthening the Single Economic Market
Finance Minister Nicola Willis has met with Australian Treasurer Jim Chalmers to discuss the opportunities to lower business costs and increase the ease with which businesses and people can operate across the Tasman. "I have met with Treasurer Chalmers and shared our new Government's ambitious economic goals, our plans to gr.....»»