SEOUL, (PNA/Xinhua) — South Korean shares fell on Friday as foreign investors turned into net sellers for the first time in 41 sessions, ending their record-breaking buying trend. The benchmark Korea Composite…
SSS extends deadline of relief package for Cebu, Bohol
By Leilani S. Junio MANILA, (PNA) — The Social Security System (SSS) has extended the November 29, 2013 deadline for special salary loan terms and advance release of pensions under the SSS…
Banks to push for more studies, innovation to reach masses
By Josine Estuye MANILA, (PNA) -– Bank executives Friday said to be able to reach the masses, every bank must find creative ways to innovate its services. In a panel discussion at…
(Nightlead) FDI to Vietnam totals 19.2-B USD in 10 months
HANOI, (PNA/Xinhua) — Foreign direct investment (FDI) inflow to Vietnam in the first 10 months of 2013 reached 19.2 billion U.S. dollars, a year-on-year increase of 65.5 percent, according to the Ministry…
Peso strengthens further
MANILA, (PNA) –- The Philippine peso further strengthened on Friday, boosted by bleak dollar sentiment. The local unit closed at 43.05 from 43.09 on Thursday. ”It is still due to weak US…
Hong Kong stocks close 0.6 % lower
HONG KONG, (PNA/Xinhua) — Hong Kong stocks fell 137.48 points, or 0.6 percent, to close at 22,698.34 points on Friday. The benchmark Hang Seng Index traded between 22,839.15 and 22, 640.18. Turnover…
Singapore stocks close 0.39 % lower
SINGAPORE, (PNA/Xinhua) — Singapore stocks finished lower on Friday, with the benchmark Straits Times Index (STI) down 12.71 points, or 0.39 percent, to close at 3,205.24. A total of 2.1 billion shares…
Benin discovers new oil field
COTONOU, (PNA/Xinhua) — An estimated 87 million barrels of commercially viable oilfield has been discovered in Benin’s coastal region of Seme-Kpodji, just 20 km southeast of Cotonou, according to the West African…
PHL stocks slump on regional worries, lack of fresh leads
By Leslie D. Venzon MANILA, (PNA) –- Local share prices extended its slump for a second day on Friday, dragged by regional influences and a lack of fresh leads from the domestic…
Singapore Q3 private property prices up 0.4 pct
SINGAPORE, (PNA/Xinhua) — Singapore’s private home prices rose by 0.4 percent during the third quarter, easing from the quarterly rise of 1.0 percent in the second quarter and unchanged from the flash…
1st LD-Writethru: Chinese shares hit 7-week low
BEIJING, (PNA/Xinhua) — Chinese shares dropped for a fourth consecutive day on Friday to hit their lowest level in seven weeks. The benchmark Shanghai Composite Index dipped 1.45 percent, or 31.37 points,…
Deutsche Bank sees Sensex at record 22,000 by Dec
MUMBAI, (PNA/PTI) — A day after the market benchmark sniffed at life-time high, German brokerage Deutsche Bank Friday raised its year-end Sensex target to a record high of 22,000 points, saying investor…
Russia’s Deputy PM outlines future economic cooperation with CIS partners
MINSK, (PNA/Itar-Tass) — Russia and Belarus have not coordinated yet oil supplies to the republic in the fourth quarter, Russian First Deputy Prime Minister Igor Shuvalov said Friday. This year oil is…
Indonesia needs disaster mitigation tech
DENPASAR, (PNA/ANTARA) — As an island nation vulnerable to disasters, Indonesia needs remote sensing technology to assist in its national disaster mitigation efforts, according to Geospatial Information Agency (GIB) Chief Asep Karsidi….
Russia’s 1st private space satellite set for launch – report
WASHINGTON, (PNA/RIA Novosti) -– The first private Russian space satellite is set to launch in February and will leverage commonly used “cloud computing” and mobile phone technology to generate potentially huge profits…