BOJ Offers to Buy JGBs without Limit

July 27, 2018

Tokyo- The Bank of Japan on Friday offered to buy an unlimited amount of Japanese government bonds at fixed yields, in a bid to stop a long-term interest rate rise. For the newest 351st issue of 10-year JGBs, the BOJ

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EXCLUSIVE: Kao Starts Selling Paper Diapers in India

July 27, 2018

Islamabad- Kao Corp. has started selling its Merries paper diapers in India, informed sources told Jiji Press on Friday. India is a massive market with over 25 million babies born a year. With Japan’s Unicharm Corp. and Procter & Gamble

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Stocks gain, peso at P53.285:$1

July 27, 2018

The Philippine Stock Exchange index rallied to close higher on Friday, pushing it past the 7,700 level. The peso ended strongly at P53.285 against the US dollar from P53.435 on Thursday. Volume rose at $794.8 million from $625.4 million on

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Japan Welcomes U.S.-EU Accord before Tokyo-Washington Trade Talks

July 27, 2018

Tokyo- Japan is welcoming Wednesday’s agreement between the United States and the European Union to launch talks to ease trade tensions between the two sides, as Tokyo is preparing for the start of its own trade talks with Washington under

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TEPCO Chief to Meet with Niigata Gov. for 1st Time

July 27, 2018

Niigata- Tokyo Electric Power Company Holdings Inc. said Thursday that its President Tomoaki Kobayakawa will hold talks with Niigata Governor Hideyo Hanazumi for the first time on Aug. 2. Kobayakawa will visit Hanazumi at the government office of Niigata Prefecture,

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Stock index gain strongly; peso at P53.435:$1

July 26, 2018

Philippine stocks surged on Thursday as the main index climbed more than two percent. The peso closed at P53.435 against the US dollar from P53.37 on Wednesday. Volume amounted to $625.4 million from the previous day’s $557.1 million. The Philippine

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IMF says economy “performing well”, but proposes budget gap cut to 2.4% of GDP

July 26, 2018

An International Monetary Fund (IMF) team described the Philippine economy as “performing well,” forecasting continued 6.7 percent real GDP growth and below-4 percent inflation in 2019 while citing the country’s “prudent policies and critical reforms.” The assessment comes after a

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Stock index back at 7,500; peso at P53.37:$1

July 25, 2018

Stocks lost big early gains but still managed to end higher on Wednesday. The peso opened at P53.32 against the US dollar but closed at P53.37. It was higher than Tuesday’s P53.42. Volume reached $557.1 million from the previous day’s

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