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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).....»»
Bill pushing P100 daily wage hike gets Senate nod on 2nd reading
MANILA, Philippines — The Senate on Wednesday approved on second reading a bill pushing for a P100-daily minimum wage hike for private sector workers. Senate Bill No. 2534 under Committee Report No. 190 was unanimously approved during Wednesday’s plenary session. Senate President Juan Miguel Zubiri said that once the wage hike bill gets the final.....»»
MerryMart marks 200th sari-sari store transformation
Tycoon Edgar “Injap” Sia II’s MerryMart has successfully transformed 200 sari-sari or neighborhood retail stores in the country into a mini-mart......»»
PSEi forecast to touch 7,000
The Philippine Stock Exchange index is set for recovery as it is expected to hit 7,000 to 7,500 by the fourth quarter of this year, according to First Metro Investment Corp......»»
Presyo Merkado: Current prices of food in Metro Cebu markets
Presyo Merkado is a daily guide to the prices of goods in different markets around Metro Cebu. Stay updated by checking our site and social media platforms every morning. (UPDATED) CEBU CITY, Philippines —It is almost payday! What are you planning to buy in the market? You may check the prices of goods and commodities.....»»
Economic worries weigh down PSEi
Share prices continued to correct, finishing in negative territory anew yesterday on concerns over economic growth prospects here and in China......»»
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......»»
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......»»
Record Week for S& P 500: Live Updates on Stock Futures – The Daily Guardian
U.S. Stock Futures Flat as S&P 500 Breaks Records U.S. stock futures held steady on Sunday night, maintaining the momentum from a record-breaking week for.....»»
Stocks to test 7,000 resistance
The stock market looks to sustain its momentum and advance to the 7,000 level this week, with investors keeping an eye on more corporate earnings results and positive cues abroad to fend off selling pressures......»»
Red Sea crisis exposing EU energy weakness - FT
Diesel prices have jumped amid fears of disruptions in supply to the bloc, according to the outlet The surge in global diesel prices to an almost three-month high amid shipping disruptions is threatening to test the resilience of EU economies, the Financial Times reported on Wednesday. The rising p.....»»
Union Bank announces P17-B stock rights offering
Union Bank disclosed that it plans to conduct a stock rights offering to sell 450,204,078 UBP common shares to existing UBP shareholders at a price somewhere between P33.73 and P38.23 per share......»»
ERC suspends reserve market settlement
The Energy Regulatory Commission has ordered the Philippine Electricity Market Corp. and the Independent Electricity Market Operator of the Philippines Inc. to suspend settlement amounts in the reserve market......»»
Jubahib: 300 cops to serve suspension order too much
SUSPENDED Davao del Norte Governor Edwin Jubahib decried the augmentation of "300 police officers" in serving his 60-day suspension order......»»
1,300 displaced Maguindanao del Norte families get relief aid
1,300 displaced Maguindanao del Norte families get relief aid.....»»
1,300 displaced Maguindanao del Norte families get relief aid
1,300 displaced Maguindanao del Norte families get relief aid.....»»
1,300 displaced Maguindanao del Norte families get relief aid
1,300 displaced Maguindanao del Norte families get relief aid.....»»
1,300 displaced Maguindanao del Norte families get relief aid
1,300 displaced Maguindanao del Norte families get relief aid.....»»
PDEA: 300,000 drug users rehabilitated under Marcos admin
Over 300,000 drug-dependent individuals have been rehabilitated under the administration of President Marcos, according to the Philippine Drug Enforcement Agency......»»
Higit 300 PNR worker nganga sa tigil-biyahe
Nasa 314 ang mga job order worker na apektado ng tigil-biyahe at humihiling na mabigyan ng trabaho dahil sa kanilang matagal nang serbisyo sa Philippine National Railways. The post Higit 300 PNR worker nganga sa tigil-biyahe first appeared on Abante......»»