Trump Eyes Trade Fight with Japan: WSJ

September 7, 2018

Washington- U.S. President Donald Trump may be ready to start a trade fight with Japan, The Wall Street Journal reported Thursday. During a telephone call to a Wall Street Journal columnist, Trump sounded “very focused on eliminating trade deficits” with

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Sapporo Exchange Reopens after Quake-Caused Closure

September 7, 2018

Tokyo- The Sapporo Securities Exchange reopened Friday after closing throughout Thursday due to a blackout caused by a massive earthquake in Hokkaido, northernmost Japan. The exchange’s computer systems and communications lines came back to life after power was restored, allowing

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Peso closes at 12-year-low of P53.73 :$1 as BSP announces measures to curb fall

September 7, 2018

The Philippine peso closed at P53.73 against the US dollar for a 12-year low even as the Bangko Sentral ng Pilipinas announced “strong and immediate action” to stop the currency’s fall. It was the lowest close for the currency since

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Peso hits 15-year low of P54.66 against the US dollar before market closes

September 7, 2018

The Philippine peso plunged to a low of P54.66 against the US in morning trading on Friday, less than two hours before it closes transactions. This was the lowest level the peso declined since P54.95 in July 2003. Central bank

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Honda’s N-Box Becomes Japan’s Best-Selling Vehicle for 12th Month

September 6, 2018

Tokyo- Honda Motor Co.’s N-Box minivehicle retained its top position in Japan’s new automobile sales rankings for the 12th consecutive month in August, industry data showed on Thursday. Sales of the N-Box soared 53.9 pct from a year earlier to

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JAL launching new route Tokyo (Haneda) route to Manila on Feb 1, 2019

September 6, 2018

Japan Airlines (JAL) will launch a new route between Tokyo (Haneda) to Manila starting February 1 2019, the airline company said Thursday. “With an influx of Japanese companies in the Philippines, the country is achieving remarkable economic growth where the

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Stock index declines, peso hits new 12-year low of P 53.80:$1

September 6, 2018

The main stock index slumped while the peso closed at a new 12-year low Thursday, a day after the government released a higher-than-expected inflation rate for August. The peso settled at P53.80 against the US dollar, down from P53.55 on

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Business sentiment weakens in third quarter: central bank survey

September 6, 2018

The central bank said business outlook for the economy “turned less optimistic” for the third quarter, according to its quarterly survey released Thursday. The overall confidence index declined to 30.1 percent, the lowest level since the first quarter of 2010.

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