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Global stocks mixed after U.S. and China increase tariffs

Joe McDonald and David McHugh, The Associated Press Published Monday, September 2, 2019 7:26AM EDT Last Updated Monday, September 2, 2019 12:07PM EDT FRANKFURT — European stock markets drifted higher Monday while Asia was mixed after the U.S. and China escalated their war over trade and technology with new tariff …

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‘Lopez nod insignificant in PEZA charter change’

By ANNA LEAH E. GONZALES September 02, 2019 The Philippine Economic Zone Authority (PEZA) has defended its move to push for amendments to the agency’s 24-year old charter despite the lack of endorsement from Trade Secretary Ramon Lopez, who leads the PEZA board. In a recent statement, PEZA Director Charito …

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In escalating trade war, U.S. consumers may see higher prices

In this Aug. 14, 2019, photo, a woman works on a production line in a fiber optics factory in Nantong in eastern China’s Jiangsu province. U.S. President Donald Trump angrily escalated his trade fight with China on Friday, Aug. 23, 2019, raising retaliatory tariffs and ordering American companies to consider …

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PSEi stays up amid fresh hopes on US-China talks

By AGENCE FRANCE-PRESSE August 31, 2019 Renewed hopes to resolve the ongoing trade spat between the United States and China brought the local bourse to its three-day rally on Friday. The benchmark Philippine Stock Exchange index (PSEi) rose by 1.10 percent or 86.85 points to close at 7,979.66, while the …

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FMIC, UA&P keep PH growth outlook

By MAYVELIN U. CARABALLO, TMT August 31, 2019 FIRST Metro Investment Corp. (FMIC) and the University of Asia and the Pacific (UA&P) maintained their 6-to 6.5-percent growth forecast for the Philippine economy this year as they expect state spending, lower inflation rate and robust remittances to drive expansion for the …

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BSP sees Aug inflation within 1.3-2.1%

By MAYVELIN U. CARABALLO, TMT August 31, 2019 INFLATION likely decelerated further this month on the back of lower fuel, rice and power prices, the Bangko Sentral ng Pilipinas (BSP) announced on Friday. In a statement, the central bank said its Department of Economic Research projected consumer price growth “to …

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China vows to buy more PH products

By Tyrone Jasper Piad August 31, 2019 CHINA promised to reduce its trade gap with the Philippines by increasing imports during a bilateral meeting in Beijing, where President Rodrigo Duterte is on his fifth state visit, according to the Department of Trade and Industry (DTI). Philippine President Rodrigo Duterte speaks …

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Tips to help businesses collect on bills

By ASSOCIATED PRESS September 01, 2019 NEW YORK: Customers who pay late or don’t ever pay are a problem for any company, but particularly for small business owners who lose time and money pursuing the money they’re owed. Some tips to help owners be sure they get paid: – Use …

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Family businesses urged:Create succession plan now

By TYRONE JASPER C. PIAD September 01, 2019 CRAFTING an early and effective succession plan is necessary to maintain the sustainability of family businesses, according to a family business consultant. At the Pandesal Forum of the Kamuning Bakery Café in Quezon City on Wednesday, professor and Wong & Bernstein Advisory …

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Brazil’s Bolsonaro stops using France’s Bic pens amid clash

In this handout photo released by the government news agency Agencia Brasil, Brazil’s President Jair Bolsonaro, center, talks with the reporters outside the presidential official residence Alvorada Palace, in Brasilia, Brazil, Tuesday, Aug. 27, 2019. Bolsonaro on Friday said he would be swearing off of the pen brand Bic because …

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