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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).....»»
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......»»
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.....»»
48ºC heat index hounds Aparri, Cagayan – Pagasa
MANILA, Philippines — A scorching 48ºC heat index hounded Aparri, Cagayan on Tuesday while 30 other areas / locations likewise experienced a dangerous heat index, according to the Philippine Atmospheric, Geophysical, and Astronomical Services Administration (Pagasa). Pagasa defines heat index as a measure of the contribution that high humidity makes with abnormally high temperatures in reducing the body’s.....»»
Heat index in Puerto Princesa City reaches 46ºC
MANILA, Philippines — A dangerous peak heat index of 46ºC (degrees Celsius) hounded Puerto Princesa City, Palawan on Monday, while 26 other areas / locations likewise logged a heat index within the danger category, according to the Philippine Atmospheric, Geophysical, and Astronomical Services Administration (Pagasa). Pagasa said heat index refers to the measure of the contribution that.....»»
6 areas hit dangerous heat index hits on Monday
MANILA, Philippines — Six areas experienced a dangerous peak heat index on Monday according to the Philippine Atmospheric, Geophysical, and Astronomical Services Administration (Pagasa). Based on Pagasa’s latest computed heat index as of 5:00 p.m., Dagupan City, Pangasinan and Bacnotan, La Union both had a 44ºC (degrees Celsius) heat index. Meanwhile, Sinait, Ilocos Sur, Puerto.....»»
Market ends with gains ahead of BSP meeting
The stock market posted minimal gains to climb for a second straight session on sustained bargain hunting......»»
Market extends gains to 4th day
The stock market extended its winning streak to four yesterday, but gains were minimal due to lack of catalysts......»»
Stocks eke out gains, back at 6,900
The stock market eked out gains to move back up to the 6,900 level as investors continued to hunt for bargains......»»
Philippines slightly upgrades GDP growth to 6 pct in Q3
MANILA, Jan. 30 (Xinhua) -- The Philippine Statistics Authority (PSA) on Tuesday slightly upgraded year-on-year growth of gross domestic product (GDP) for the third quarter of 2023 to 6 percent from preliminary estimate of 5.9 percent. "The major contributors to the upward revision were manufacturing, from 1.7 percent to 1.8 percent; financial and insurance activities, from 9.5 percent to 9.6 percent; and accomm.....»»
Philippines manufacturing output declines in March
MANILA, May 8 (Xinhua) -- Manufacturing production in the Philippines recorded a decline in March, reversing its growth momentum in the past months, the Philippine Statistics Authority (PSA) said Wednesday. Based on the preliminary results of a monthly survey, the PSA said the year-on-year value of production index (VaPI) and the volume of production index (VoPI) decreased by 1.7 percent and 0.8 percent in March.....»»
Philippines manufacturing output sustains growth in February
MANILA, April 12 (Xinhua) -- The performance of manufacturing production in the Philippines sustained its growth in February, the Philippine Statistics Authority (PSA) said Friday. Based on the preliminary results of a monthly survey, the PSA said the year-on-year value of production index (VaPI) and the volume of production index (VoPI) increased 7.5 percent and 8.9 percent in February, respectively. The.....»»
Philippines manufacturing output sustains growth in January
MANILA, March 7 (Xinhua) -- The Philippines' manufacturing production sustained growth momentum in January, the Philippine Statistics Authority (PSA) said Thursday. Based on the preliminary results of a monthly survey, the PSA said the year-on-year value of production index (VaPI) and the volume of production index (VoPI) increased 0.9 percent and 1.9 percent in January, respectively. Across all 22 indust.....»»
Philippines manufacturing output sustains growth in December 2023
MANILA, Feb. 7 (Xinhua) -- The performance of manufacturing production in the Philippines sustained its growth in December 2023, the Philippine Statistics Authority (PSA) said Wednesday. Based on the preliminary results of a monthly survey, the PSA said the year-on-year value of production index (VaPI) and the volume of production index (VoPI) increased by 2.6 percent and 2 percent in December, respectively......»»
Xinhua world economic news summary at 0830 GMT, Feb. 7
MANILA -- The performance of manufacturing production in the Philippines sustained its growth in December 2023, the Philippine Statistics Authority (PSA) said Wednesday. Based on the preliminary results of a monthly survey, the PSA said the year-on-year value of production index (VaPI) and the volume of production index (VoPI) increased by 2.6 percent and 2 percent in December, respectively. (Philippines-Manufac.....»»
PAGASA: 36 areas under dangerous heat index classification on April 29
In the latest heat index bulletin of PAGASA, the state weather bureau said that 36 areas in the country will be under the "danger" heat index classification, with temperatures ranging from 42°C to 47°C......»»
17 areas experience dangerous heat index on Wednesday
MANILA, Philippines — The Philippine Atmospheric, Geophysical, and Astronomical Services Administration (Pagasa) reported that 17 areas in the Visayas and Mindanao experienced a dangerous heat index on Wednesday. Heat index refers to the measure of the contribution that high humidity makes with abnormally high temperatures in reducing the body’s ability to cool itself. A heat.....»»
11 areas to reach ‘danger’ level heat index on Black Saturday
MANILA, Philippines — The heat index in 11 areas of the country is expected to reach the “danger” level on Black Saturday, the Philippine Atmospheric, Geophysical, and Astronomical Services Administration (Pagasa) said. Based on its forecast as of 5 p.m. on Friday, the following areas will fall under the “danger” category today: READ:Pagasa: Heat index.....»»
Index upside points to 7,000 level
The benchmark Philippine Stock Exchange index could retest the 6,700 resistance this week and break toward 7,000 in the near-term, analysts said......»»