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Oil up in Asia on upbeat China manufacturing data

An investor smiles in front of the stock price monitor at a private securities company on Nov. 27, 2012, in Shanghai, China. Asian stock markets rose Wednesday, Dec. 5, 2012, on hopes for progress in talks in Washington aimed at avoiding the fiscal cliff, while Chinese shares surged as they bounced back from four-year lows.  AP PHOTO

Oil prices gained in Asia Monday as traders welcomed data indicating a continued economic pick-up in China, the world’s largest energy consumer, analysts said.

Posted: December 10th, 2012 in Latest Business Stories | Read More »

Peso slightly up as investors watch US budget issues, China’s manufacturing

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Lower food and fuel costs offset the effects of a weaker peso on imported goods, Bangko Sentral ng Pilipinas says.

The peso moved sideways as investors weighed reports about a pickup in manufacturing in China and lingering concerns about budget problems of the US government.

Posted: December 3rd, 2012 in Latest Business Stories | Read More »

Peso falls amid reports of Japan exports drop, less manufacturing in China

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AFP FILE PHOTO

The peso fell on Thursday as reports of a drop in Japanese exports and speculations of a decline in Chinese manufacturing activity in August dampened appetite for emerging market assets.

Posted: September 20th, 2012 in Latest Business Stories | Read More »

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