The Daily Manila Shimbun

 

Japan new banknotes seen creating 1.6-T.-Yen demand

April 10, 2019

Tokyo–Japan’s banknote redesigning is expected to generate special demand worth 1.6 trillion yen, including for new automated teller machines and vending machines. Meanwhile, costs for ATM updating and replacement will weigh on financial institutions struggling with decreased earnings amid prolonged

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Japan consumer sentiment deteriorates for 6th month

April 9, 2019

Tokyo–Consumer sentiment in Japan deteriorated for the sixth consecutive month in March, due to higher prices of daily goods such as dairy and beverage products amid slowing wage growth, government data showed Monday. The seasonally adjusted consumer confidence index dropped

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Japan corporate bankruptcies hit 28-year low in FY 2018

April 8, 2019

Tokyo–The number of corporate bankruptcies in Japan in fiscal 2018 hit the lowest level since fiscal 1990, when the country was in the final stage of its bubble economy era, a private credit research firm said Monday. Bankruptcies dropped 3.0

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BOJ lowers economic views on 3 of 9 regions

April 8, 2019

Tokyo–The Bank of Japan downgraded Monday its economic views on the Tohoku, Hokuriku and Kyushu-Okinawa regions, following overseas economic slowdowns including in China. It is the first time that the BOJ has lowered its economic views on more than two

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Stock index up, peso slightly lower vs US dollar

April 8, 2019

Philippine stocks rose while the peso ended slightly lower against the US dollar on Monday. The peso closed at P52.14 against the US dollar from P52.10 on Monday. Volume at the foreign exchange portal of the Bankers Association of the

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Stocks, peso close higher on Friday

April 5, 2019

Philippine stocks and the peso ended higher on Friday. The peso closed at P52,10 against the US dollar from P52.18 on Thursday. Volume at the foreign exchange portal of the Bankers Association of the Philippines amounted to $964.52 million from

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GIR level up for fifth straight month to reach $83.2 billion

April 5, 2019

Preliminary data shows that gross international reserves (GIR) rose to $83.2 billion as of end-March from $82.78 billion as of end-February, Bangko Sentral ng Pilipinas (BSP) governor Benjamin Diokno announced Friday. The GIR level rose due mainly to inflows arising

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March inflation declines to 3.3 percent

April 5, 2019

Inflation for the month of March grew at 3.3 percent, the slowest since 3.4 percent in January 2018, the Philippine Statistics Authority ( PSA) said Friday. It was the fifth straight month inflation had declined after hitting a near-decade high

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