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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).....»»
Imee on CBRT issue: Should have been settled before project was started
CEBU CITY, Philippines — Senator Imee Marcos believes that while local officials in Cebu “know much better” in handling the issues hounding the ongoing construction of the Cebu Bus Rapid Transit (CBRT), she said issues should have been addressed before the project was actually started. “Sadly, this all should have been settled before the national.....»»
Abra Mining investors turning up the heat on SEC and PSE to resolve unlisted shares issue
Shareholders of Abra Mining, together with stockbroker Victor Dominquez, are seeking a Congressional inquiry into “the alleged failure of the SEC and PSE to formalize charges against the executives of Abra Mining...” for their role AR’s sale of shares which were unlisted and unregistered during the “basura” (garbage) stock frenzy that heated up in late 2020 and overboiled in early 2021......»»
‘The P100 plus per day minimum wage rate?’
The big issue on labor policies in the country today is the plan to enact a law to increase the existing minimum wage by P100 per day......»»
‘The restrictive economic provisions in Constitution’ (Conclusion)
In closing, I have listened intently to what some members of the Senate said in connection with the issue of amending the restrictive provisions of the Constitution......»»
China warns PH to “tread carefully” on Taiwan issue
MANILA, Philippines— China issued a subtle warning to the Philippines concerning Taiwan, advising Filipino officials to “tread carefully” on the matter of the “red line.” China made the remark following an order by Philippine Defense Secretary Gilberto Teodoro Jr. to raise military presence in Batanes, the Philippines’ northernmost province that is very near Taiwan. “I.....»»
Pasig City tells hotel to explain disregard of senior discount or face closure
MANILA, Philippines — Pasig City on Wednesday ordered a hotel to explain why the local government should not issue a cease and desist order after it denied a 20-percent discount to a senior citizen. INQUIRER.net will withhold the name of the establishment and its hotel management until it gets the side of the hotel company......»»
Envoy discusses importance of West Philippine Sea, 2016 arbitral ruling
The Philippine embassy in Ankara hosted a special screening of the West Philippine Sea documentary “Kalayaan: Karapatan sa Karagatan,” aimed to educate viewers on the Philippines’ maritime claims in the West Philippine Sea and its ongoing efforts to resolve the contentious issue......»»
CPA issue: Rama requests PBBM to intervene
CEBU CITY, Philippines – Cebu City Mayor Michael Rama has asked President Ferdinand Marcos Jr. to step in in his ongoing row with the Cebu Port Authority or CPA. In a report from Cebu City News and Information on April 4, Rama mentioned that the National Historical Commission of the Philippines (NHCP) and the National.....»»
LWUA takes over MCWD’s policy-making functions for six months
CEBU CITY, Philippines – The Local Water Utilities Administration (LWUA) has assumed control over the Metropolitan Cebu Water District (MCWD), a significant step to resolve the long-standing issue as to who will manage the utility firm. LWUA earlier wrote a letter to MCWD Chairman Jose Daluz III and General Manager Edgar Danoso, informing them of.....»»
Rama on settling CBRT dispute with Capitol: ‘Why should I?’
CEBU CITY, Philippines – Cebu City Mayor Michael is not open to meeting with members of the Cebu Provincial Board following the two resolutions passed urging the Cebu Bus Rapid Transit (CBRT) to halt civil works due to violations of heritage laws. Rama noted that he had already made a statement regarding the issue and.....»»
PSC turns to Marcos on compliance issue with world anti-doping body
The Philippine Sports Commission will seek no less than President Ferdinand Marcos Jr. help when it contests the non-compliance accusation of the World Anti-Doping Agency that has now been elevated to the Court of Arbitration for Sport for resolution......»»
Marcos wants ‘strategy’ to address brain drain
MANILA, Philippines — In response to the persistent issue of brain drain in the country, President Ferdinand “Bongbong” Marcos Jr. urged the development of a strategy aimed at persuading graduates to remain in the Philippines and contribute their skills for a few years before considering opportunities abroad. According to Marcos, it was “fine” with him.....»»
Tallo mum on Converge FiberXers contract termination
CEBU CITY, Philippines—Cebuano cager Mac Tallo kept mum on The Converge FiberXers’ announcement to terminate his contract with them in the Philippine Basketball Association (PBA). CDN Digital reached out to Tallo but he decided not to speak about the issue. On Wednesday, February 7, The Converge FiberXers released a statement announcing their termination of Tallo’s.....»»
EDITORIAL - Calls for justice
Whether or not it’s part of the ongoing political warfare, the re-emergence of former Davao City policeman Arturo Lascañas revives the issue of the state’s bloody campaign against illegal drugs, with justice still elusive for victims of extrajudicial killings......»»
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,.....»»
Rama ‘worried’ about Duterte-Marcos dispute
CEBU CITY, Philippines – Cebu City Mayor Michael Rama expressed concern about the ongoing political dispute in the country between former President Rodrigo Duterte and the incumbent President Ferdinand Marcos Jr. The issue has become a matter of concern for Rama, given his personal relationship with both Duterte and Marcos, whom he considers “friends.” He.....»»
Charter change: Only the economic provisions should be included
So much controversy is being unnecessarily generated with this Charter change issue but in reality, changes to the overly protectionist economic provisions in the 1987 Constitution should be debated upon because it hinders the country from realizing its full economic potential......»»
Killing of journalists as war crime in Gaza
Yesterday the International Court of Justice, the United Nations’ highest tribunal that adjudicates cases between nations, was expected to issue an interim ruling or provisional measures on the genocide claim filed last month by South Africa against Israel in its war in the Gaza Strip......»»