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Feb 13 2012 12:15
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Feb 13 2012 10:43
Although jobs were created, the economy is still 420 000 jobs short of the peak employment level before the 2009 global financial crisis, says Adcorp.
Feb 13 2012 07:58
Greek lawmakers have approved a new round of drastic austerity measures after a long day of street battles between police and protesters left dozens injured.
Tokyo - Japan Airlines said on Friday it posted a $1bn loss in the April-May quarter, larger than its loss for all of last year, as ticket sales suffered due to the weak economy and swine flu fears.
Asia's biggest airline said its net loss was ¥99bn, versus a ¥3.4bn loss a year earlier. Sales fell 32% to ¥334.9bn.
JAL, which is in the midst of a massive restructuring, said income fell across both domestic and international routes, as well as its shipping business. The company said the losses came despite lower outlays for fuel and wages.
For the current fiscal year through March, JAL kept its forecast for a ¥63bn net loss and revenue of ¥1.75 trillion.
-AP