650 hostages freed by Algerian army forces at gas field: report

January 19, 2013 1:25 am· Comments Off on 650 hostages freed by Algerian army forces at gas field: report 

ALGIERS, Jan. 19 — Some 650 hostages detained by an armed group at a gas field in Illizi province in southern Algeria have been freed, the official APS news agency reported Friday, citing figures provided by a security source.

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Meralco eyes to finish pre-paid electricity scheme pilot testing by mid-‘13

January 19, 2013 1:25 am· Comments Off on Meralco eyes to finish pre-paid electricity scheme pilot testing by mid-‘13 

MANILA, Jan 18 – – Power utility firm Manila Electric Co (Meralco) is giving itself until the middle of this year to pilot test the prepaid electricity scheme before doing the commercial testing to check on possible glitches.

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PHL ’12 BOP surplus hits US$ 9.24B, GIR reaches US$ 83.8B

January 19, 2013 1:25 am· Comments Off on PHL ’12 BOP surplus hits US$ 9.24B, GIR reaches US$ 83.8B 

By Joann Santiago

MANILA, Jan. 18 — The Philippines registered a US$ 9.24 billion balance of payment (BOP) surplus in 2012 exceeding the US$ 6.8 billion target for the year.

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U.S. stocks flat despite upbeat Chinese growth figure, company earnings

January 19, 2013 1:25 am· Comments Off on U.S. stocks flat despite upbeat Chinese growth figure, company earnings 

NEW YORK, Jan. 19 — U.S. stocks opened little changed Friday despite China's stronger-than-expected growth report and Morgan Stanley's upbeat fourth-quarter earnings.

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