Japan consumer sentiment deteriorates for 6th month
April 9, 2019
Tokyo–Consumer sentiment in Japan deteriorated for the sixth consecutive month in March, due to higher prices of daily goods such as dairy and beverage products amid slowing wage growth, government data showed Monday. The seasonally adjusted consumer confidence index dropped
Japan corporate bankruptcies hit 28-year low in FY 2018
April 8, 2019
Tokyo–The number of corporate bankruptcies in Japan in fiscal 2018 hit the lowest level since fiscal 1990, when the country was in the final stage of its bubble economy era, a private credit research firm said Monday. Bankruptcies dropped 3.0
BOJ lowers economic views on 3 of 9 regions
April 8, 2019
Tokyo–The Bank of Japan downgraded Monday its economic views on the Tohoku, Hokuriku and Kyushu-Okinawa regions, following overseas economic slowdowns including in China. It is the first time that the BOJ has lowered its economic views on more than two
Stock index up, peso slightly lower vs US dollar
April 8, 2019
Philippine stocks rose while the peso ended slightly lower against the US dollar on Monday. The peso closed at P52.14 against the US dollar from P52.10 on Monday. Volume at the foreign exchange portal of the Bankers Association of the
Stocks, peso close higher on Friday
April 5, 2019
Philippine stocks and the peso ended higher on Friday. The peso closed at P52,10 against the US dollar from P52.18 on Thursday. Volume at the foreign exchange portal of the Bankers Association of the Philippines amounted to $964.52 million from
GIR level up for fifth straight month to reach $83.2 billion
April 5, 2019
Preliminary data shows that gross international reserves (GIR) rose to $83.2 billion as of end-March from $82.78 billion as of end-February, Bangko Sentral ng Pilipinas (BSP) governor Benjamin Diokno announced Friday. The GIR level rose due mainly to inflows arising
March inflation declines to 3.3 percent
April 5, 2019
Inflation for the month of March grew at 3.3 percent, the slowest since 3.4 percent in January 2018, the Philippine Statistics Authority ( PSA) said Friday. It was the fifth straight month inflation had declined after hitting a near-decade high
Stocks, peso end lower
April 4, 2019
Philippine stocks and the peso ended lower on Thursday. The Philippine Stock Exchange index closed at 7,854.13 points, down 40.93 points. In the broader market, there were 109 decliners, 67 gainers while 46 shares were unchanged. The peso settled at
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