Stocks up, peso at P53.46:$1
July 10, 2018
Stocks closed higher on Tuesday, as the Philippine Stock Exchange index gained 46.67 points to end at 7,233.29. In the broader market, there were 113 gainers, 73 decliners and 54 unchanged. Volume rose to 697 million shares worth P5.06 billion
3 Nishikawa Bedclothes Makers to Reunite after 80 Years
July 10, 2018
Tokyo- Japanese bedclothes and mattress makers Nishikawa Sangyo Co., Nishikawa Living Inc., and Kyoto Nishikawa Co. said Tuesday that they have basically agreed to start talks on merging into a single company. The move would mark the reunion of the
Idemitsu, Showa Shell Sign Deal for Management Integration
July 10, 2018
Tokyo, July 10 (Jiji Press)–Major Japanese oil refiners Idemitsu Kosan Co. and Showa Shell Sekiyu K.K. said Tuesday that they have signed an agreement to integrate their management through a stock swap in April 2019. The integration is aimed at
Yahoo Japan Mulling Buying Back 200 B. Yen of Own Shares
July 10, 2018
Tokyo- Internet portal Yahoo Japan Corp. is considering buying back own shares worth some 200 billion yen, apparently in an effort to stem the downtrend of its stock prices, informed sources have said. The company’s share prices on the Tokyo
Softbank Corp. Makes Preliminary Application for TSE Listing
July 10, 2018
Tokyo- Major Japanese Internet and telecommunications conglomerate Softbank Group Corp. said Monday that its mobile phone unit, Softbank Corp., has made a preliminary application to the Tokyo Stock Exchange for its listing on the TSE. The core operating unit of
INTERVIEW: Kansai Mirai to Double Corporate Commission Revenues
July 10, 2018
Osaka- Kansai Mirai Financial Group Inc. intends to double commission revenues from corporate services in four years, its president, Tetsuya Kan, said in a recent interview. The Japanese banking group’s commission revenues from corporate clients currently total 9.4 billion yen.
Philippine trade gap in May widens to $3.7 billion
July 10, 2018
The Philippines’ trade deficit rose to $3.7 billion in May from the previous month’s $3.62 billion, the Philippine Statistics Authority (PSA) said Tuesday. Exports went down by 3.8 percent, from $5.99 billion in May 2017 to $5.76 billion in May
Nissan Finds Cheating on Emissions Tests in Japan
July 10, 2018
Yokohama- Nissan Motor Co. said Monday that it has found misconduct involving sampling tests on vehicle emissions conducted at assembly plants in Japan. The Japanese automaker said exhaust emissions tests “deviated from the prescribed testing environment” and that inspection reports
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