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Peso may fall to P46 against US dollar by end of 2014—UBS

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AFP file photo

The peso might depreciate to the 46 level against the US dollar by this yearend and further to 47 by the end of 2015 due to a “pretty loose” local monetary policy, the bottoming out of US interest rates and some oil price pressures, an economist from Swiss investment bank said.

Posted: June 23rd, 2014 in Latest Business Stories,Money | Read More »

The year that was

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It’s Christmas Day and in just a week, we can officially say goodbye to 2013. It is thus an opportune time to do a recap of the year that was, and may I say that this year has been a truly eventful one, to say the least.

Posted: December 24th, 2013 in Columnists,Headlines,Inquirer Columns,Money | Read More »

Solons seek to regulate ATM fees

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ATM

Lawmakers have filed a bill seeking to standardize rates of automated teller machine (ATM) transaction charges.

Posted: September 29th, 2013 in Latest Business Stories,Money | Read More »

Latvia gets green light to become 18th eurozone member

AP FILE PHOTO

The tiny Baltic state of Latvia received the green light from its European partners Tuesday to become the 18th member of the eurozone from next year.

Posted: July 9th, 2013 in Latest Business Stories,Money | Read More »

US stocks mixed ahead of July 4 holiday

In this Friday, June 28, 2013 photo, trader Robert Vella, left, works on the floor of the New York Stock Exchange.  U.S. stocks are getting off to a slow start after a three-day rally. U.S. stock futures are rising with industry watchers expecting automakers to post banner sales. The government also releases its May factory orders report Tuesday, July 2, 2013, and economists are looking for signs of an extended recovery in manufacturing. (AP Photo/Richard Drew)

US stocks Tuesday opened mixed as investors looked ahead to a holiday-shortened week capped with Friday’s big labor market report.

Posted: July 2nd, 2013 in Latest Business Stories,Money,Stocks | Read More »

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