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MANILA, Philippines — Liza Soberano has “the most beautiful face in the Philippines,” according to John Lozano, Chief Marketing Officer of IFace Inc., official local distributor of international skincare and cosmetics brands like BYS, and the actress has 18.2 million Instagram followers to back such claim.
NEW YORK, United States — Global markets were a sea of red Monday, with Japan's Nikkei suffering an historic drop and New York falling hard in a pullback attributed to economic unease and fallout from recent monetary policy shifts.
The Philippine Stock Exchange Index (PSEi) dropped 2.58% to 6,435, joining several other countries in the region that have endured similar steep sell-offs in recent days [link]. The biggest drops were seen in export-heavy markets like Japan, Taiwan, and Korea, and the general theory appears to be a concern over a potential US economic slowdown or recession and how that if it happened, would impact the global economy. For the PSEi, the Industrial and Property sectors were the biggest losers on the day, down 3.53% and 3.35% respectively. While the day seemed grim, it wasn’t even the worst drop investors have endured so far this year; the PSEi fell 2.93% back on June 23, after it fell a cumulative of 2.66% over the previous seven losing trading days.
HONG KONG — Tokyo led a collapse across Asian and European equities Monday, after weak US jobs data fanned fears of a recession in the world's top economy and boosted bets on several Federal Reserve interest rate cuts.
MONETARY authorities can keep key interest rates steady «for the time being,» Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. said on Monday, with a cut likely should inflation fall further.
Elsa Keslassy International Correspondent Strand Releasing has acquired North American rights to “Viet and Nam” which premiered at this year’s Cannes Film Festival in Un Certain Regard. Directed by Truong Minh Quý, the film tells the passionate love story of two young coal miners who face separation and ultimately make sacrifices to stay together. Represented in international markets by Pyramide International, “Viet and Nam” stars Pham Thanh Hai and Dao Duy Bao Dinh.
HONG KONG, China — Tokyo led a collapse across Asian and European equities Monday, after weak US jobs data fanned fears of a recession in the world's top economy and boosted bets on several Federal Reserve interest rate cuts.
BANGKOK (AP) — Japan’s benchmark stock index plunged 12.4% on Monday, compounding a global market rout set off by investor concerns that the the U.S. economy could be headed for recession.