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‘Chinese Twitter’ firm Weibo to go public in US

weibo

Sina Weibo, widely known as China’s version of Twitter, is to go public in the United States Thursday at a price below expectations after a recent sell-off in technology stocks.

Posted: April 17th, 2014 in Latest Business Stories | Read More »

Rift between PH, China threatens trade, tourism ties — Global Source

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Screengrab from http://www.globalsourcepartners.com/

Prolonged diplomatic chill between the Philippines and China risks reversing the trend of “mutually beneficial” trade and travel ties that have been growing rapidly over the years, according to the New York-based think tank Global Source.

Posted: April 14th, 2014 in Latest Business Stories | Read More »

$500M investments seen relocating from China

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FILE PHOTO

A number of foreign manufacturers are looking at investing about $500 million and employing up to 3,000 workers in the Philippines in line with moves to relocate operations from China, which has become a less attractive production base, according to the Philippine Exporters Confederation Inc. (PhilExport).

Posted: April 14th, 2014 in Latest Business Stories | Read More »

PH does not fear ‘economic backlash’ from China

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Communications Secretary Herminio Coloma (INQUIRER FILE PHOTO) and Chinese Foreign Ministry spokesperson Hong Lei (AP FILE PHOTO)

Who is afraid of China? Not the Philippines. Malacañang on Wednesday said it will protect the country’s national interest, including its economy, in the face of threats from China over maritime disputes in the West Philippine Sea.

Posted: April 2nd, 2014 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

ADB: Asian growth to pick up even as China slows

Growth-sign

The Asian Development Bank predicts growth in developing Asia will edge higher thanks to the recovery in rich countries even as China slows.

Posted: April 1st, 2014 in Latest Business Stories | Read More »

Local stock market up on window dressing, hopes of China stimulus

The local stock index firmed up on Friday on the back of month-end and quarter-end portfolio-buying while regional markets mostly advanced on hopes of monetary stimulus in China.

Posted: March 29th, 2014 in Editor's Pick,Headlines | Read More »

SM to raise $740M for PH, China expansion

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Property giant SM Prime Holdings Inc. (SMPH) plans to raise around $740 million from a mix of peso and US dollar-denominated borrowings this year to further expand its footprint locally and in China.

Posted: March 29th, 2014 in Headlines | Read More »

Local stock market up on window dressing, hopes of China stimulus

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Philippines Stocks Exchange. AP FILE PHOTO

The local stock index firmed up on Friday on the back of month-end and quarter-end portfolio-buying while regional markets mostly advanced on hopes of monetary stimulus in China.

Posted: March 28th, 2014 in Latest Business Stories | Read More »

SM Prime raising $740 M for expansion, mall in China

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RETREAT  SM Prime Holdings, citing the government’s stringent public float requirement, has backed off from plans to raise $500 million from real estate trust funds.

SM Prime Holdings Inc. is raising around $740 million through a mix of peso and US dollar borrowings this year to fund its expansion here and in China.

Posted: March 28th, 2014 in Latest Business Stories | Read More »

Pollution compensation

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A Japanese company has started a compensation scheme that may increase the cost of doing business in countries with serious environmental problems.

Posted: March 28th, 2014 in Columnists,Inquirer Columns | Read More »

Ginebra play

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Shares of conglomerate San Miguel Corp., which have long lagged PSEi peers during the recent run-up, have rebounded by 26.8 percent in the last two trading days. So what’s brewing in SMC? Stock dealers cite a play ahead of the company’s March 27 investors’ briefing on its 2013 annual results. Some say prices are catching up with the company’s net asset value of more than P100 a share. There was likewise speculation in the market that hard liquor unit Ginebra San Miguel will soon be up for grabs, which market sources say would be logical given the strong investor appetite for branded consumer businesses.

Posted: March 19th, 2014 in Headlines | Read More »

PSEi manages modest gain amid sluggish regional markets

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pse03102014

The local stock barometer modestly gained on Monday on improved investor sentiment even as most other markets in the region were weighed down by sluggish data out of China and Japan.

Posted: March 10th, 2014 in Latest Business Stories | Read More »

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  • Editorial cartoon, April 17, 2014
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  • Global Nation

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