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Neda says ties with the US to boost ‘inclusive growth’ efforts

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Arsenio Balisacan of NEDA. INQUIRER FILE PHOTO

The Philippine government has stressed the importance of strengthening ties with the United States, which a top official said would play a key role in promoting inclusive growth in the country.

Posted: April 28th, 2014 in Latest Business Stories | Read More »

US added surprisingly strong 204,000 jobs in October

Job applicants arrive for an internship job fair held by the Miami Marlins, at Marlins Park in Miami. The government issues the October jobs report, on Friday, Nov. 8, 2013, which had been delayed a week because of the government shutdown. AP

The U.S. economy added 204,000 jobs in October, an unexpected burst of hiring in a month when the government was partly shut down for 16 days. And far more jobs were added in August and September than previously thought.

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

Asian shares mostly up as US avoids default

Illegal parking agents cycle past an electronic stock board of a securities firm in Tokyo, Thursday, Oct. 17, 2013 as Japan's bench mark Nikkei 225 Index closed at 14,588.51 after gaining 119.37 points, or 0.83 percent. An eleventh hour agreement that averted a U.S. government debt default boosted Asian stock markets Thursday. AP

Asian shares mostly rose Thursday after US lawmakers passed a last-minute bill to reopen the government and raise the country’s borrowing limit, avoiding a devastating default that threatened to spark another global recession.

Posted: October 17th, 2013 in Latest Business Stories | Read More »

Purisima: US default to hit emerging markets

By
Finance Secretary Cesar Purisima. INQUIRER FILE PHOTO

Finance Secretary Cesar Purisima has expressed alarm over a potential default by the United States government, saying such an event will bring down not only the world’s biggest economy but also emerging markets like the Philippines.

Posted: October 12th, 2013 in Latest Business Stories,Photos & Videos | Read More »

Hong Kong stocks up 1.25 percent at lunch

A man walks past a screen displaying stock index outside a local bank in Hong Kong. AP FILE PHOTO

Hong Kong shares jumped 1.25 percent on Friday morning as President Barack Obama and Republicans held talks to end a budget stand-off that threatens to plunge the US into default.

Posted: October 11th, 2013 in Latest Business Stories | Read More »

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