Stocks made small advances while currencies were mixed in Asia on Monday amid cautious trading and reduced liquidity with many markets closed for holidays.
Amid a new wave of infections, China’s National Health Commission said it would stop publishing daily case numbers for the coronavirus, complicating the task for investors trying to assess the economic impact. Looking across all the year for global equities, 2022 has been the worst annual performance in more than a decade.
The yen strengthened versus the dollar, even after Bank of Japan Governor Haruhiko Kuroda stressed that the BOJ’s latest adjustments to yield control were not the beginning of an exit of monetary easing.
Source: News Formal (newsformal.com)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
A dealmaker’s view on decarbonization - BusinessMirrorMany large companies, institutional investors, big banks, and insurance firms are adopting ambitious initiatives to reduce their carbon footprints, often before they are required to do so by governments or regulators. When looking to buy, sell or invest in other businesses, these global leaders increasingly consider whether their investment targets have a plan to reduce
Source: BusinessMirror - 🏆 19. / 59 Read more »
Davao City opens more sites for processing permits - BusinessMirrorDavao City—The city government has opened more locations and outlets where businesses may process their permits and pay taxes. From the city government collection offices and district offices in far-flung barangays, and government gyms and shopping malls, residents have been given proximate options to process their business permits and pay annual taxes. “Clients who seek
Source: BusinessMirror - 🏆 19. / 59 Read more »
‘Anti-dumping duty boosts resolve of cement makers to pursue investments’ - BusinessMirrorLocal manufacturers said the imposition of anti-dumping duty against two types of cement from Vietnam shows that the government supports the development of the domestic cement manufacturing industry. “With this boost received from [Department of Trade and Industry] DTI, the domestic industry is very much reassured of the partnering and unwavering support from the Philippine
Source: BusinessMirror - 🏆 19. / 59 Read more »
PHL in talks with China on solar irrigation deal - BusinessMirrorManila is negotiating a deal with Beijing for the construction of solar-powered irrigation systems (SPIS) to boost the Philippines’s farm productivity. Agriculture Assistant Secretary Arnel V. de Mesa said the agriculture department is now “drafting” the “possible engagements” with China for the irrigation project. De Mesa said the Department of Agriculture (DA) is targeting to
Source: BusinessMirror - 🏆 19. / 59 Read more »
Farmers’ group in Quezon gets hauling vehicle from DAR - BusinessMirrorThe Department of Agrarian Reform (DAR) said it has recently turned over a hauling vehicle to the Sumagosong Farmers’ Multi-Purpose Cooperative (SUMAFAR MPC) in Mulanay, Quezon. The delivery service vehicle worth P240,000 will be used to transport the group’s products to private buyers and consumers, as well as the food requirements of the Bureau of
Source: BusinessMirror - 🏆 19. / 59 Read more »
Govt contractuals, JOs to get one-time ₧5K gratuity–PBBM - BusinessMirrorThis after President Ferdinand R. Marcos Jr. issued Administrative Order (AO) No. 3, which aims to recognize the contribution of these workers in public service. He explained the need for the issuance: these workers do not enjoy benefits accorded to regular public sector employees since they have no employer-employee relationship with the government. “Granting a
Source: BusinessMirror - 🏆 19. / 59 Read more »