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Xinhua world economic news summary at 0900 GMT, Jan. 31
TOKYO -- Tokyo stocks closed higher on Wednesday, as investors took an optimistic attitude for the domestic earnings season over positive results reported by Japanese firms. Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average ended up 220.85 points, or 0.61 percent, from Tuesday to close the day at 36,286.71. The broader Topix index, meanwhile, finished 24.17 points, or 0.96 percent,.....»»
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......»»
US leads bull market
Last week saw a significant surge in US stocks, with record highs attained across major indices......»»
Sandigan junks forfeiture vs Marcos crony-owned telco
The Sandiganbayan has dismissed a forfeiture case against several alleged cronies of the late dictator Ferdinand Marcos Sr. and his widow, former first lady Imelda Marcos, seeking to recover in favor of the government shares of stocks in Eastern Telecommunications Philippines Inc., allegedly illegally acquired during martial law......»»
As a new investor, how should I pick stocks to invest in?
For 99% of people who ask this question, the best answer would probably be: “You don’t.” But that’s a very unsatisfying response to give someone who has come to the market with big eyes and bigger dreams, and it’s the kind of response that starts out true but could (at some point) cease being true and constructive as the investor gains understanding and skills......»»
Nest Workspaces down Xchange for 2nd straight win in Shaabaa
Nest Workspaces down Xchange for 2nd straight win in Shaabaa.....»»
Facebook shuts down accounts involved in selling babies
Social media platform Facebook has shut down 12 accounts found involved in peddling babies in the guise of adoption, Social Welfare Secretary Rex Gatchalian said yesterday......»»
AgriNurture Q1 net loss: P28-M (down 1381%)
AgriNurture reported a Q1/24 net loss attributable of P27.8 million, down 1381% from its Q1/23 net income attributable of P2.2 million, and up 83% from its Q4/23 net loss of attributable of P161.6 million......»»
DoF Secretary: Rates to come down maybe 150 bps in the next two years
Department of Finance Secretary Ralph Recto (link) said that he doesn’t “expect interest rates to go any higher”, and that “they will start to go down, maybe 150 bps in the next two years”......»»
Capitol OKs cutting down Poro’s trees but…
CEBU CITY, Philippines — Despite calls from concerned residents and a parish church, the Cebu Provincial Government has given the go-signal to cut down trees that stood in the way for its road widening project in Poro, Camotes Island. However, instead of the initially estimated 700 trees, the provincial government and the assigned contractor have.....»»
Cordova cracks down on karaoke noise with new ordinance
Cordova cracks down on karaoke noise with new ordinance.....»»
17 biz firms closed down for operating without permits
17 biz firms closed down for operating without permits.....»»
PNP shuts down online gun transactions
The Philippine National Police has shut down gun-related online transactions due to a data breach attempt in the system of the Firearms and Explosives Office......»»
Peso slide pulls down market
The peso’s slide pulled down share prices yesterday following a strong opening at the start of the week......»»
COL Financial Q1 profit: P116-M (down 27%)
COL Financial reported a Q1 net income of P116 million, down 26.6% from its Q1/23 net income of P158 million......»»
3rd LD Writethru: Philippine Senate President Zubiri steps down, Escudero sworn in
MANILA, May 20 (Xinhua) -- Philippine Senate President Juan Miguel Zubiri Monday confirmed that he is stepping down. Francis Escudero was sworn in as the new chief of the legislative body. Senator Juan Edgardo Angara told reporters that 15 out of 24 senators voted to oust Zubiri from the post. "My heart is broken," Zubiri said in a speech at the plenary session. "Today I offer my resignation as Senate pre.....»»
2nd LD Writethru: Philippine Senate President Zubiri steps down
MANILA, May 20 (Xinhua) -- Philippine Senate President Juan Miguel Zubiri Monday confirmed that he is stepping down. Senator Juan Edgardo Angara told reporters that 15 out of 24 senators voted to oust Zubiri from the post. "My heart is broken," Zubiri said in a speech at the plenary session. "Today I offer my resignation as Senate president of the Republic of the Philippines," he added. "I did my b.....»»
Zubiri to step down as Senate President
Zubiri to step down as Senate President.....»»
DOH: Dengue cases down nationwide
The DOH reported that cases decreased to 5,211 between April 7 and April 20, down from 5,380 between March 24 and April 6. .....»»
‘Save Poro’s trees’: Parish church widens calls vs tree-cutting
CEBU CITY, Philippines — The parish church in Poro town, Camotes Island, in northern Cebu is not giving up on its fight to save hundreds of trees from being chopped down. The Sto. Niño de Poro Parish expanded its online petition, aimed at convincing the government not to cut down over 700 trees for road.....»»