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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......»»
Philippine stocks fall as investors realign holdings
Local stocks tumbled yesterday ahead of month-end realigning of portfolios......»»
Abby Clutario, Keiko Necesario take center stage at One Stop Record Fair
Music lovers, audiophiles and record collectors had a feast of their favorite things during the most recent edition of “One Stop Record Fair” held at the Activity Area of Ayala Malls The 30th in Pasig City......»»
Gasoline prices to drop for third consecutive week
Oil firms might implement mixed adjustments in pump prices during the third week of May following the two-consecutive weeks of oil price rollback......»»
Gas prices up; diesel, LPG down today
In separate advisories, oil companies will implement a mixed adjustment as fuel products increased by P0.45 per liter for gasoline, while diesel and kerosene decreased by P0.60 and P1.05 per liter, respectively......»»
PRO-7 warns against use of marijuana-flavored vapes
CEBU CITY, Philippines — The Police Regional Office in Central Visayas (PRO-7) has issued a stern warning against the use and proliferation of marijuana-flavored vape products. Police Lieutenant Colonel Gerard Ace Pelare, the PRO-7 spokesperson, said that they will arrest individuals who sell vapes mixed with marijuana oil. The sale and use of marijuana remains.....»»
Gas prices up, diesel down today
Oil companies have implemented mixed adjustments in pump prices......»»
PNOC seeks redevelopment
State-owned Philippine National Oil Co. intends to redevelop a portion of its property in Taguig City into a mixed-use office and commercial building......»»
Agoda Unveils Asia’s Top 9 Nature Destinations
To mark the launch of Eco Deals 2024, Agoda’s flagship US$1 million partnership with the World Wide Fund for Nature (WWF), the digital travel platform has compiled a list of some of Asia’s favored nature destinations across Asia, based on searches made on Agoda in January 2024. Enric Casals, Vice President of Southeast Asia, Agoda, […].....»»
Aboitiz InfraCapital’s West Cebu Estate Earns Recognition as ‘Best Industrial Development in Asia’ at Asia Property Awards
In its inaugural appearance at PropertyGuru’s Asia Property Awards, Aboitiz InfraCapital (AIC) Economic Estates’ West Cebu Estate clinched the prestigious title of “Best Industrial Development in Asia.” This recognition shines a spotlight on Balamban, Cebu, establishing it as a vibrant global investment hub. The achievement is attributed to the strong economic and social development fostered […].....»»
European markets plunge on new virus strain
European stocks, oil prices, and the pound slumped Monday as a highly infectious strain of coronavirus in Britain had traders seeking shelter.Sterling lost 1.3 percent against the dollar, with the pound also still being hit as a post-Brexit trade deal between Britain and the EU remained out of reach.The euro gained 1.0 percent against the […].....»»
DOE backs emergency takeover of oil industry
The Department of Energy is ready to take over oil firms in case of a national emergency after the Supreme Court upheld its emergency takeover power......»»
‘Oil, grease still found in Oriental Mindoro waters’
High concentrations of oil and grease remain off the coast of several towns in Oriental Mindoro a year after the motor tanker Princess Empress sank, according to an environmental group......»»
Pump prices up on February 20
After last week’s oil price rollback, oil firms will implement another round of increase in pump prices this week. .....»»
Oil prices headed for weekly gains as Israel rejects ceasefire offer
(Reuters) – Oil prices rose in early trade on Friday, on track for weekly gains, with tensions persisting in the Middle East after Israel rejected a ceasefire offer from Hamas. Brent futures climbed 8 cents, or 0.1%, to $81.71 a barrel by 0119 GMT, while U.S. West Texas Intermediate crude futures rose 17 cents, or.....»»
No interruptions in Metro Manila water supply, DENR exec says
There would be no water supply interruptions even if Angat Dam’s water level dips to its minimum operating level of 180 meters by mid-May, a Department of Environment and Natural Resources official said yesterday......»»
DavNor tourism dips; new Senate probe on power outages pressed
A GOVERNMENT agency has noted that the usual strong inflow of tourists in Davao del Norte still needs to be seen deep into the summer season......»»