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PH shares make last-minute jump

The Philippine Stock Exchange Index rebounds from a one-year low – thanks to a last – minute boost. However, analysts are not optimistic the recovery will hold out especially amid uncertainties on corporate earnings. – Business Nightly, ANC, April 26, ...

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Japan's 'cryptocurrency evangelist' relaxes by going offline

He may be a staunch advocate of all things digital, but Japan’s “cryptocurrency evangelist” Tadashi Izumi says that when it comes to relaxing, he prefers being offline.  He says he reads a lot, and makes sure he gets his regular ...

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Gov't approves San Miguel's P735.6-B airport project

MANILA – The Philippines has approved 20 infrastructure projects, its finance minister said on Thursday, including a $ 14 billion international airport proposed by the country’s largest firm by revenue, San Miguel Corp. The Philippines, one of Asia’s fastest-growing economies, ...

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Asia stocks edge up as US earnings prop up Wall Street, dollar solid

TOKYO – Asian stocks edged up on Thursday as robust corporate earnings helped Wall Street quell concerns over a surge in US bond yields, while the dollar hovered near 3-month highs against a basket of currencies. MSCI’s broadest index of ...

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Twitter gains momentum with 2nd straight profitable quarter

The Twitter application is seen on a phone screen August 3, 2017. REUTERS/Thomas White/File Photo WASHINGTON, United States – Twitter reported its second consecutive quarterly profit Wednesday, boosting the outlook for the messaging platform after years in the red. The ...

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JLL: Chinese telco, banking firms also interested in buying PH real estate

The boon of warmer relations between Beijing and Manila is trickling down to the Philippine property market. And while a global real-estate services firm said the rise in Chinese investment is not alarming, it also warns it can become a ...

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What do we stand to lose when Boracay closes?

The government stands to lose some revenue in the closure of Boracay Island. Find out more in this video.  Let’s block ads! (Why?) Business

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Corporate income tax cuts separate from reducing incentives: analyst

MANILA – Efforts to lower corporate income taxes should not be held hostage by a parallel effort to lift outdated incentives, a tax reform advocate said Wednesday. The Department of Finance submitted to lawmakers last January the second package of ...

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ADB: Infra spending must focus on 'productive assets'

MANILA – Inflation is a risk with higher infrastructure spending and government has to make sure that these resources are used on “productive assets” that could also help spur economic growth, an Asian Development Bank official said Wednesday. The government ...

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Spotify ramps up free service in bid for expansion

A smartphone is seen in front of a screen projection of Spotify logo, in this picture illustration taken April 1, 2018. REUTERS/Dado Ruvic/Illustration NEW YORK, United States – Spotify on Tuesday announced a major expansion of its free service, hoping ...

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