Oil steady as Cyprus braces for reopening of banks

Oil prices paused Thursday after climbing more than $4 in less than a week ahead of the reopening of banks in financially troubled Cyprus.

Oil prices paused Thursday after climbing more than $4 in less than a week ahead of the reopening of banks in financially troubled Cyprus.

Philippine stocks soared to greater heights for the fourth straight year in 2012, rising by about 33 percent for the year on favorable local macroeconomic and corporate performance and ahead of the government’s attainment of a much-coveted investment grade rating.

The dollar rose against the euro and yen in Asia on Friday, backed by fresh concerns over Greece and dire outlooks for major Japanese companies.
“A lot of people tend to think that it is just like any other ordinary sales-related job in the world. But clearly those in the know understand that it isn’t really the case because there’s really a lot more than what meets the eye in order to become a highly effective one,” says Marge Baula.
The local stock index pulled back from a new record high on Tuesday but stayed afloat at the 4,900 mark while investors reassessed recent gains.