Takata eyes 13 B yen net loss for FY 2015 due to recall-linked costs

May 10, 2016 by · Comments Off on Takata eyes 13 B yen net loss for FY 2015 due to recall-linked costs 

TOKYO, May 9 — Takata Corp. on Monday cut its earnings outlook for fiscal 2015, projecting a group net loss of 13 billion yen (USD 120 million) due to costs related to recalls of its air bag inflators.

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Financial industry FDI rises in Q1

May 10, 2016 by · Comments Off on Financial industry FDI rises in Q1 

BEIJING, May 9 — China's financial institutions received 3.501 billion yuan (about USD 536 million) in net foreign direct investment (FDI) in the first quarter of this year, the country's foreign exchange regulator said on Monday.

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Singapore stocks close 2.69% higher

April 14, 2016 by · Comments Off on Singapore stocks close 2.69% higher 

SINGAPORE, April 13 — Singapore stocks finished higher on Wednesday, with the benchmark Straits Times Index (STI) up 75.76 points or 2.69 percent to close at 2,890.41.

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PHP closes sideways vs. USD Wednesday

April 14, 2016 by · Comments Off on PHP closes sideways vs. USD Wednesday 

MANILA, April 13 — The Philippine peso ended Wednesday sideways against the dollar, even after rising to the 45-level, ahead of the April 17 meeting among major oil players.

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Thai Nguyen seeks USD27B in exports by 2020

February 22, 2016 by · Comments Off on Thai Nguyen seeks USD27B in exports by 2020 

THAI NGUYEN, Feb. 22 — Thai Nguyen Province has set a target of USD27 billion in exports by 2020 to become the leading exporter in the northern mountainous region.

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VN expects volatility over profits, oil prices

February 22, 2016 by · Comments Off on VN expects volatility over profits, oil prices 

HANOI, Feb. 22 — Vietnam's stock markets may face strong fluctuations this week as investors show concern over global oil prices and the drive for short profits from stocks that saw big jumps this week, brokerage firms wrote in their weekly reports.

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Port of Melbourne sale could go ahead without parliament's approval

February 22, 2016 by · Comments Off on Port of Melbourne sale could go ahead without parliament's approval 

MELBOURNE, Feb. 22 — The Victorian government Monday threatened to sell the Port of Melbourne without parliamentary approval if the state opposition does not pass the legislation by Thursday.

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Singapore stocks close 2.68 pct higher

February 15, 2016 by · Comments Off on Singapore stocks close 2.68 pct higher 

SINGAPORE, Feb. 15 — Singapore stocks finished higher on Monday, with the benchmark Straits Times Index (STI) up 67.95 points, or 2.68 percent, to close at 2,607.90.

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Peso inches up on strong fixing of Chinese currency

February 15, 2016 by · Comments Off on Peso inches up on strong fixing of Chinese currency 

By Joann Santiago

MANILA, Feb. 15 (PNA) — The Philippine peso ended Monday sideways against the dollars on strong fixing on the Chinese currency.

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USD 2-M rice seed processing facility to rise in N. Ecija

February 15, 2016 by · Comments Off on USD 2-M rice seed processing facility to rise in N. Ecija 

By Cielito M. Reganit

MANILA, Feb. 15 (PNA) — The Philippine Rice Research Institute (PhilRice) on Monday said that rice farmers and seed growers in Central Luzon and Pangasinan would soon have better access to high-quality seeds with the establishment of a new rice seed processing facility at the agency’s headquarters in the Science City of Muñoz, Nueva Ecija.

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