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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 »

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