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Panasonic Q1 profit jumps

Japan’s Panasonic Corp said its operating profit jumped by two-thirds in the first quarter as it reaps the benefits of a shift away from consumer electronics and into products for businesses, such as...

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Oil rises above $107 on Fed stimulus hopes

BANGKOK (AP) – Oil rose above $107 a barrel Monday after a disappointing U.S. jobs report made it more likely the Federal Reserve will continue its stimulus program beyond September. Benchmark crude...

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Asia stocks drop in wake of tepid US hiring

BANGKOK (AP) – Asian stock markets sagged Monday after a disappointing U.S. jobs report sparked worries about the health of the world’s biggest economy. The U.S. economy added 162,000 jobs in July,...

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Australian degrees most expensive for foreign students – survey

Australian universities said Wednesday they expect the falling value of the local currency to restore competitiveness against rivals for foreign students, after a global survey showed it to be the...

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Globe sustains leadership in postpaid with double-digit growth in revenues,...

Globe Telecom maintained leadership in postpaid amidst the intense switching drive of its competitors after the segment posted double-digit growth in revenues and subscriber base in the first half of...

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German sports car maker goes into liquidation

German boutique carmaker Wiesmann, which produces exclusive BMW-powered sports cars with Austin Healey-style looks, has gone into liquidation. A spokesman for the court in Muenster dealing with the...

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Asia stocks up on good China, Europe economic data

BANGKOK (AP) – Asian stock markets rebounded Friday after encouraging economic data from China and Europe raised hopes that a global economic recovery was underway. A survey released Thursday by HSBC...

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Sony unloading its PC business?

Electronics giant Sony is planning to sell its personal computer business, Japanese media reported. Sony is in talks to sell the PC division to investment firm Japan Industrial Partners, as part of...

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Israel, Philippines explore future of water and agriculture

The Economic and Trade Mission of the Embassy of Israel in Manila, in partnership with the Philippine Chamber of Commerce and Industry (PCCI) and Cebu Chamber of Commerce and Industry (CCCI)...

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