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PH stock index to rise to 6,500 in 2014— Sun Life of Canada

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sunlife

Global insurance giant Sun Life of Canada sees emerging markets remaining out of flavor this year but the Philippines, backed by much stronger economic fundamentals, is seen in a good position to withstand global financial market volatility.

Posted: January 29th, 2014 in Latest Business Stories | Read More »

Inflation accelerated in November due to ‘Yolanda’

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This aerial photo shows uprooted coconut trees on a hill near the town of Guiuan in Eastern Samar province in the central Philippines on November 11, 2013 only days after Super Typhoon Haiyan devastated the town on November 8. AFP FILE PHOTO

Inflation accelerated in November to its fastest pace in nine months as Supertyphoon “Yolanda” (Haiyan) damaged agriculture and disrupted trade and other business activities in the Visayas.

Posted: December 5th, 2013 in Latest Business Stories,Photos & Videos | Read More »

Tokyo stocks down 0.74 percent by break

Pedestrians walk past a quotation board displaying the Nikkei key index of the Tokyo Stock Exchange (TSE) in front of a securities company in Tokyo on September 19, 2013. Tokyo stocks rose 1.80 percent on September 19 after the US Federal Reserve surprised markets by leaving its massive stimulus drive intact. AFP

Tokyo stocks were down 0.74 percent by the break, as Sony shares dived after the electronics giant slashed its full-year outlook.

Posted: November 1st, 2013 in Latest Business Stories | Read More »

Tokyo stocks open 1.28 percent higher

A woman walks outside a securities firm in Tokyo Monday, Oct. 7, 2013. Asian markets were weaker Monday after heated political rhetoric from the US raised worries that the partial shutdown of the American government could bring the world's largest economy close to defaulting on its debt.  AP PHOTO/JUNJI KUROKAWA

Tokyo stocks opened 1.28 percent higher on Friday after Wall Street rallied on hopes that Washington might make progress in breaking its on-going budget impasse.

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

Oil prices higher in Asia

AP FILE PHOTO

Oil prices rose in Asian trade Friday, with demand boosted by a weaker dollar but lingering concerns over China’s economy capped gains, analysts said.

Posted: July 26th, 2013 in Latest Business Stories | Read More »

Tokyo’s Nikkei stock index closes 3.51 percent higher

A man checks his mobile phone in front of the electronic stock board of a securities firm in Tokyo Wednesday, June 26, 2013. Asian markets mostly rose Wednesday as dealers welcomed another batch of strong US data while China's central bank said it had moved to ease a liquidity crisis that has gripped the country's financial markets.  AP PHOTO/ITSUO INOUYE

Tokyo stocks jumped 3.51 percent Friday as Japan’s premier bourse got a boost from a weaker yen and following comments from US Federal Reserve officials aimed at soothing concerns over its stimulus programe.

Posted: June 28th, 2013 in Latest Business Stories | Read More »

Peso dips as investors await next move of US Federal Reserve

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Photo by INQUIRER.net

The peso closed weaker again on Tuesday in another day of weak trading as investors stayed in the sidelines ahead of the US Federal Reserve meeting this week.

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

Stock market and peso fall healthy corrections—BSP

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Source: PSE website

The Bangko Sentral ng Pilipinas has shrugged off concerns over volatility of the country’s financial markets this week, describing the sharp drop in the Philippine Stock Exchange Index (PSEi) as a healthy correction and the depreciation of the peso back to the 43-to-a-dollar level as tolerable

Posted: June 13th, 2013 in Latest Business Stories,Photos & Videos | Read More »

Philippines moves to higher growth trajectory, say BPI analysts

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AP FILE PHOTO

The first-quarter Philippine economic growth rate is seen as “remarkable” and a confirmation that the country has moved up to a higher growth trajectory.

Posted: May 31st, 2013 in Latest Business Stories | Read More »

Peso climbs as investors weigh improving US economy, robust PH growth

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Photo by INQUIRER.net

After manifesting higher volatility than usual throughout trading hours on Thursday, the peso closed at 42.32 against the US dollar, up by 12 centavos from the previous day’s finish and the 11-month low of 42.44:$1.

Posted: May 30th, 2013 in Latest Business Stories | Read More »

Peso dips on news of China’s slower pace of growth

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The government posted a budget surplus in August as revenue collection grew by a much faster pace than expenditures.

The peso slightly dropped on the first trading day of the week amid concerns China might be headed for a slower growth.

Posted: May 27th, 2013 in Latest Business Stories | Read More »

Peso falls after slow growth in OFW remittances

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The government posted a budget surplus in August as revenue collection grew by a much faster pace than expenditures.

The peso fell on Wednesday amid reports that growth in remittances from overseas-based Filipinos in March was at its slowest since September 2009.

Posted: May 15th, 2013 in Latest Business Stories | Read More »

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