Sony entertainment Robot
November 1, 2017
TOKYO- Japan’s Sony President and CEO Kazuo Hirai introduces the entertainment robot “aibo” during a press preview at the company’s headquarters in Tokyo on November 1, 2017. Japanese electronics giant Sony is marking the year of the dog by bringing
Nikkei surges to 21 year high on strong corporate earnings
November 1, 2017
TOKYO- Stocks rebounded steeply on the Tokyo Stock Exchange Wednesday, pushing up the benchmark Nikkei average to the highest closing level in 21 years and four months, with investors taking heart from brisk corporate earnings. The 225-issue Nikkei average jumped
Bank lending grows faster in September
October 31, 2017
Outstanding loans of commercial banks, net of reverse repurchase (RRP) placements with the Bangko Sentral ng Pilipinas, grew by 21.1 percent in September from 20.4 percent in August, preliminary data showed. Bank lending inclusive of RRPs increased by 20.1 percent
Hybrid PPP to complement infra buildup
October 31, 2017
The Duterte administration’s “hybrid” Public-Private Partnership (PPP) program will help speed up the roll-out of the government’s big-ticket infrastructure projects under its “Build, Build, Build” program as this modified strategy will avoid the protracted negotiations and disputes that often delayed
Subaru reports improper vehicle inspections
October 30, 2017
TOKYO- Japan’s Subaru Corp.on Monday submitted to the transport ministry the result of an in-house investigation into its improper final inspections of finished vehicles. The automaker, which used unqualified workers in preshipment inspections for over 30 years, will recall 255,000
NATO Chief in Tokyo
October 30, 2017
TOKYO- NATO Secretary General Jens Stoltenberg (L) meets with Japan’s Defence Minister Itsunori Onodera at the Defence Ministry in Tokyo on Monday, October 30, 2017. Stoltenberg called North Korea a “global threat” on October 30 and said he backed tighter
Stocks gain ahead of two-day holiday
October 30, 2017
Stocks closed higher on Monday ahead of a two-day holiday. The Philippine Stock Exchange index ended 69.31 points higher to 8,365.26. In the broader market, there were 96 gainers, 87 decliners and 58 issues unchanged. Volume reached 730 million shares
PLDT investing nearly P7 billion in new Trans-Pacific cable system
October 30, 2017
PLDT Inc. said on Monday it is investing nearly P7 billion in a new Trans-Pacific cable system to boost the resiliency of its undersea fiber links to the US and Japan. “We are investing in this new cable system in anticipation of
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