Confidence at record high »
Business confidence in the Philippines hit an all-time high in the second quarter, as the assignment of an investment grade to the Philippines prompted expectations that economic growth would remain robust and would continue to boost corporate earnings.…
May 24 2013 / No Comment / Read More »PSEi closes lower »
Philippine stocks snapped a two-day rally on Thursday with the index closing down one percent as negative news abroad triggered profit taking.…
May 24 2013 / No Comment / Read More »Peso may strengthen further to 37.50:$1 »
The Philippine peso is expected to appreciate further and may hit 37.50 against the US dollar within the next 12 months, according to Goldman Sachs, citing the likelihood of a surge in foreign portfolio investments.…
May 24 2013 / No Comment / Read More »Tokyo plunges more than 7% as Asian markets fall »
Asian markets fell Thursday with Tokyo plunging more than seven percent as investors took profits after weak Chinese data…
May 23 2013 / No Comment / Read More »Coke workers’ strike ends in amicable settlement »
The three-day strike by some workers at the bottling plant of Coca-Cola Bottlers Philippines Inc. Sta. Rosa, Laguna has…
May 23 2013 / 4 Comments / Read More »Lenovo says quarterly profit up 90 percent »
Computer maker Lenovo Group said Thursday its latest quarterly profit rose 90 percent as sales of smartphones and mobile…
May 23 2013 / No Comment / Read More »Switzerland eyes law on frozen dictator funds »
Switzerland, currently in the process of restituting assets to several former autocratic countries, is working on a new law…
May 23 2013 / 33 Comments / Read More »Survey shows China manufacturing contracting »
A survey shows China's manufacturing contracted this month, adding to signs a fragile recovery in the world's No. 2…
May 23 2013 / 6 Comments / Read More »AirAsia net profit falls nearly 40% in 1st quarter »
AirAsia, Asia's largest low-cost carrier by fleet size, said Wednesday that first-quarter net profit fell 39 percent year-on-year due…
May 23 2013 / 2 Comments / Read More »












