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Dollar steady in Asia trade

AP FILE PHOTO

The dollar stabilized Monday morning, following a sharp drop against the yen after last week’s announcement that US President Barack Obama had authorized air strikes in Iraq.

Posted: August 11th, 2014 in Latest Business Stories | Read More »

World stocks slide as US authorizes air strike

By
INQUIRER.net STOCK PHOTO

The authorization of US President Barack Obama for an air strike on Iraq and a rescue plan for Iraqi civilians trapped in a mountain Friday have caused world stocks to slide and gold prices to increase.

Posted: August 8th, 2014 in Latest Business Stories,Photos & Videos | Read More »

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

By
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 »

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