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Bomb blast hurts 5 hurt in Cotabato City

Posted on August 20, 2014

COTABATO CITY, (PNA) — Five persons, including an ×Army trooper, were hurt after a suspected homemade bomb placed in a parked open-type Wrangler jeep exploded near the city plaza along Makakua Street…

Citibank Japan to withdraw from retail banking business

Posted on August 20, 2014

TOKYO, (PNA/Kyodo) — Citibank Japan Ltd. is arranging to sell its retail banking business as ×Japan’s loose monetary policy has kept interest rates ultra-low and squeezed the bank’s profit margin, industry sources…

Spanish treasury places USD 6B on market

Posted on August 20, 2014

MADRID, (PNA/Xinhua) — The Spanish treasury on Tuesday placed treasury bills to the value of 4.545 billion euros (USD 6.067 billion) on the market, paying lower interest rates than in previous auctions….

British house prices increase by 10.2% in June

Posted on August 20, 2014

LONDON, (PNA/Xinhua) — British house prices increased by 10.2 percent in the year to June 2014, down from 10.4 percent in the year to May 2014, said the Office for National Statistics…

U.S. stocks open higher on upbeat data, earnings

Posted on August 20, 2014

NEW YORK, (PNA/Xinhua) — U.S. stocks opened higher Tuesday, with the Nasdaq Composite Index advancing further into an over 14-year high, as upbeat data suggested benign inflationary pressure and strong housing market…

FTSE 100 rose 0.56% as geopolitical tensions ease

Posted on August 20, 2014

LONDON, (PNA/Xinhua) — FTSE 100 Index, British benchmark stock market gauge, Tuesday increased by 0.56 percent, or 38.06 points, to 6,779.31, as geopolitical risk decreases. The driving force continued to be the…

LME base metal prices close mixed Tuesday

Posted on August 20, 2014

LONDON, (PNA/Xinhua) — The base metal prices on the London Metal Exchange (LME) closed mixed on Tuesday, with zinc and aluminum closing higher on signs U.S. demand will quicken. Aluminum and zinc…

Spain attracts more Belgian home buyers

Posted on August 20, 2014

BRUSSELS, (PNA/Xinhua) — More and more ×Belgians are buying a second home in Spain, the Belgian press reported Tuesday. In the first quarter 2014, 1,057 Spanish properties have already been sold to…

Spanish stock index Ibex 35 rises slightly Tuesday

Posted on August 20, 2014

MADRID, (PNA/Xinhua) — Spain’s benchmark stock market index Ibex 35 rose 0.32 percent on Tuesday to close at 10,387 points. Meanwhile, the Spanish risk premium stood at 142.90 points and Spain’s 10-year…

UN chief slams breach of Gaza ceasefire

Posted on August 20, 2014

UNITED NATIONS, (Inhuman) (PNA/Xinhua) — UN Secretary-General Ban Ki-moon on Tuesday condemned in the strongest terms the breach of the humanitarian ceasefire in Gaza. In a statement issued here by his spokesperson,…

Good weather with isolated thunderstorms to continue — PAGASA

Posted on August 20, 2014

MANILA, (PNA) — Except for isolated thunderstorms, most parts of the country will continue to experience good weather due to ridge of high pressure area (HPA) affecting Luzon, the Philippine Atmospheric, Geophysical…

UN calls for support to humanitarian relief operations worldwide

Posted on August 20, 2014

UNITED NATIONS, (PNA/Xinhua) — Senior UN officials on Tuesday paid tribute to aid workers who carry out life-saving activities around the world, and called for international support to humanitarian relief operations. “On…

Mobile commerce showing great potential in PHL –-Globe Telecom

Posted on August 19, 2014

By Azer N. Parrocha MANILA, Aug. 19 (PNA) — Filipinos are slowly starting to be more open to mobile payments and the use of digital wallet, Globe Telecom Inc. said on Tuesday….

AUB posts 7.6% rise in net income in H1 ‘14

Posted on August 19, 2014

MANILA, Aug. 19 (PNA) — Higher loan growth along with interest income boosted Asia United Bank’s (AUB) net income in the first half of 2014. In a disclosure with the Philippine Stock…

PHL government to issue P140.4B 10-yr bond vis-à-vis debt swap, sale of new bond

Posted on August 19, 2014

By Joann Santiago MANILA, Aug 19 (PNA) — The Philippine government on Tuesday said it will issue a total of P140.39 billion worth of 10-year bond in line with its latest bond…

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