TOKYO -- Tokyo stocks closed significantly lower on Monday amid a strong yen and concerns for an overheated market following the overnight losses of tech-related shares in the Wall Street market.

Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended down 868.45 points, or 2.19 percent, from Friday to close the day at 38,820.49, the lowest level since Feb. 21. (Japan-Tokyo Stocks)

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MANILA -- Foreign direct investment (FDI) that flowed into the Philippines declined year-on-year by 6.6 percent in 2023, the country's central bank said Monday.

The Bangko Sentral ng Pilipinas (BSP) said the FDI net inflows reached 826 million U.S. dollars last December, bringing the yearly total amount to 8.9 billion dollars in 2023, compared to 9.5 billion dollars in net inflows recorded in 2022. (Philippines-FDI-2023)

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HANOI -- Vietnam's public debt-to-GDP ratio decreased from 43.1 percent in 2021 to 37 percent by early 2024 while the ratio approved by National Assembly or the parliament stands at 60 percent, Vietnam News reported Monday, citing Minister of Finance Ho Duc Phoc.

Ho said the country's public debts had been kept at a sustainable and stable level, which has given room for the country to implement reasonable and expansionary fiscal policies when necessary, such as during the COVID-19 pandemic. (Vietnam-Public Debt) Enditem

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