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PSEi rises to 6,328 as China stabilizes money market

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philippine stock exchange

Local stocks rebounded for the second session in a row on Thursday as investors reassessed views on US monetary policy as they welcomed indications that local interest rates would remain low.

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

Stock market nears ‘bear’ territory

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Screengrab from www.pse.com.ph

Prospects of rising US interest rates and a slowing Chinese economy on Monday dragged the local stock market barometer below the 6,000 mark, bringing the local bourse on the brink of returning to a “bear” market.

Posted: June 24th, 2013 in Editor's Pick,Headlines | Read More »

PH stock index nears ‘bear’ territory at 5,971.05

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Screengrab from www.pse.com.ph

The local stock market barometer broke down the 6,000 barrier on Monday, now at the brink of returning to “bear” territory as concerns on China and US monetary policy continued to hammer global markets.

Posted: June 24th, 2013 in Latest Business Stories | Read More »

Dollar rises after Chinese data

In this Wednesday, Jan. 16, 2013 photo, a woman works at a textile factory in Jiujiang city, in central China's Jiangxi province. China's economy rebounded in the final quarter of 2012 but optimism was tempered by warnings the shaky recovery could be vulnerable to a possible downturn in global trade. AP Photo

The dollar rose against most other major currencies Friday after China’s economy showed signs of rebounding.

Posted: January 19th, 2013 in Latest Business Stories | Read More »

IMF says China’s economy reached ‘soft landing’

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The International Monetary Fund says China has achieved a “soft landing” in its economic slowdown, though more sweeping reforms are needed to ensure healthy growth in the longer term.

Posted: July 25th, 2012 in Latest Business Stories | Read More »

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