42nd SM City shopping mall opens in Olongapo City
February 10, 2012 11:00 pm· Leave a Comment
OLONGAPO CITY, Feb. 10 – Top political figures in Zambales and this city, including businessmen and officials of Subic Bay Metropolitan Authority (SBMA), on Thursday welcomed the opening of another branch of one of the country’s biggest shopping malls – the SM City Olongapo super mall in Magsaysay Drive here.
S. Korea, Japan show similar credit default risks
February 10, 2012 10:57 am· Leave a Comment
SEOUL, Feb. 10 — South Korea and Japan had a similar chance of declaring a national credit default as of the end of last month, a report showed Friday, after a recent surge in Japan's economic woes.
Kia Motors named best low-cost ownership brand in U.S.
February 10, 2012 10:57 am· Leave a Comment
SEOUL, Feb. 10 — South Korea's Kia Motors Corp. said Friday that it was named the best low-cost ownership brand in the United States, outperforming rivals such as Toyota Motor Corp. and General Motors Co.
China's yuan rises to new high against USD
February 10, 2012 10:57 am· Leave a Comment
BEIJING, Feb. 10 — The Chinese currency Renminbi, or the yuan, rose to a new high against the dollar on Friday.
U.S. stocks edge higher amid Greek hope, positive data
February 10, 2012 10:57 am· Leave a Comment
NEW YORK, Feb. 10 — U. S. stocks edged higher on Thursday amid Greek's long-awaited austerity deal and better-than-expected jobless claims.
Gold recovers on Greek deal, weaker dollar
February 10, 2012 10:57 am· Leave a Comment
CHICAGO, Feb. 10 — Gold futures on the COMEX Division of the New York Mercantile Exchange bounced off on Thursday, as Greek leaders clinched a deal on reforms needed to avoid a disorderly default. The continued decline in U.S. dollar also added to the appeal of gold as an alternative asset.
Dollar falls on Greek deal, upbeat job data
February 10, 2012 10:57 am· Leave a Comment
NEW YORK, Feb. 10 — The U.S. dollar fell against most major currencies in late New York trading on Thursday as Greek leaders agreed on a austerity plan which may prevent the country from defaulting.
IMF negative on Hungary growth prospects
February 10, 2012 10:57 am· Leave a Comment
BUDAPEST, Feb. 10 — The IMF's economic growth forecast for Hungary in 2012 may be revised downward, according to the lender's resident representative in Hungary on Thursday.
Austrian economy hammered by eurozone problems
February 10, 2012 10:57 am· Leave a Comment
VIENNA, Feb. 10 — The Austrian economy was hammered by the "unresolved problems in the European Monetary Union," Austrian Institute of Economic Research (WIFO) said Thursday.
Oracle to buy cloud-based software firm Taleo for US$ 1.9-B
February 10, 2012 10:57 am· Leave a Comment
SAN FRANCISCO, Feb. 10 — Business software giant Oracle on Thursday said that it is planning to buy cloud-based human resources software company Taleo for about 1.9 billion U.S. dollars.