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New retailing format

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Early this year, it was reported overseas that Indonesian community store chain operator PT Sumber Alfaria Trijaya was planning to set up shop in the Philippines through Singapore unit Alfamart Retail Asia Pte Ltd.

Posted: July 4th, 2014 in Columnists,Featured Columns,Inquirer Columns | Read More »

World stocks muted on Fed tapering outlook

The news conference of Federal Reserve Chairman Ben Bernanke appears on a television screen at a trading post on the floor of the New York Stock Exchange, Wednesday, Dec. 18, 2013. The Federal Reserve has decided to reduce its stimulus for the U.S. economy because the job market has shown steady improvement. The Fed will trim its $85 billion a month in bond purchases by $10 billion starting in January. AP

World stock markets were muted Thursday amid concern an improved U.S. economy might prompt the Federal Reserve to reduce its stimulus faster than previously expected.

Posted: January 9th, 2014 in Latest Business Stories | Read More »

Yellen is Obama choice to succeed Bernanke at Fed

In this Monday, June 3, 2013, file photo, Janet Yellen, vice chair of the Board of Governors of the Federal Reserve System, answers a question from a participant at the International Monetary Conference in Shanghai, China. President Barack will nominate Yellen to replace Federal Reserve Chairman Ben Bernanke. AP

After a lengthy and politically charged search, President Barack Obama has decided to nominate Janet Yellen, the Federal Reserve’s vice chair, to be chairman of the powerful U.S. central bank, succeeding Ben Bernanke at a pivotal time for the economy and the Fed’s monetary policies.

Posted: October 9th, 2013 in Latest Business Stories,Photos & Videos | Read More »

PH stock index regains ground, hits 6,648.35 after Bernanke’s testimony

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US Federal Reserve chairman Ben Bernanke. AP FILE PHOTO

Local stocks firmed up on Thursday as investors took their cue from indications that US interest rates would not rise too soon.

Posted: July 18th, 2013 in Latest Business Stories | Read More »

Dollar up in Asia after Bernanke testimony

Chairman of the Federal Reserve Ben Bernanke testifies at a House Financial Services Committee hearing on Capitol Hill in Washington, Wednesday, July 17, 2013.  AP/CHARLES DHARAPAK

The dollar edged up in Asia on Thursday after US Federal Reserve Chief Ben Bernanke said the bank’s easy money policy would remain in place until it was satisfied the economy was strong enough.

Posted: July 18th, 2013 in Latest Business Stories | Read More »

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