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Oil prices mixed in Asia trade

FILE PHOTO

Oil prices were mixed in Asian trade Friday after posting solid gains in New York on optimism over US economic growth and concerns about supply disruptions in Nigeria.

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

Tokyo stocks open down 0.32 percent

A woman walks by an electronic stock board of a securities firm in Tokyo on Thursday, March 20, 2014. Asian stocks inched down Thursday after comments from the new head of the Federal Reserve suggested US interest rates could rise sooner than financial markets were anticipating.  AP FILE PHOTO

Tokyo stocks opened 0.32 percent lower on Friday after a lackluster performance on Wall Street and as the yen inched higher on upbeat data that showed Japan’s bid to reach lasting inflation was gathering steam.

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

Growth seen staying within gov’t target range for 2014

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Economic growth may have slowed down since the start of 2014, but leading indicators still point to an expansion within the government’s more ambitious target for the year.

Posted: March 5th, 2014 in Headlines | Read More »

Indicator points to growth slowdown

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AP FILE PHOTO

The composite leading economic indicator (LEI) for the first quarter dropped from the figures recorded previously, signaling a potential slowdown of economic growth in the first three months.

Posted: February 22nd, 2014 in Editor's Pick,Headlines | Read More »

Dollar firms in Asia after US growth data

The Philippines prepaid more foreign debts in 2013 than the year before, thus causing its outstanding obligations to non-Filipino creditors to decline. AP FILE PHOTO

The dollar rose in Asia Friday following better-than-forecast US growth figures, which also eased concerns about emerging markets after a heavy sell-off this week.

Posted: January 31st, 2014 in Latest Business Stories | Read More »

Tokyo stocks open up 0.83 percent

A man watches an electronic stock indicator in Tokyo. AP

Tokyo stocks opened 0.83 percent higher on Friday after gains on Wall Street and positive economic data from Japan.

Posted: January 31st, 2014 in Latest Business Stories | Read More »

Economic indicator for 4th quarter up

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The country’s leading economic indicator (LEI) for the fourth quarter inched up from the previous three-month period, indicating the Philippines was poised to stay on a robust growth path.

Posted: October 29th, 2013 in Editor's Pick,Headlines | Read More »

Hong Kong stocks up 1.25 percent at lunch

A man walks past a screen displaying stock index outside a local bank in Hong Kong. AP FILE PHOTO

Hong Kong shares jumped 1.25 percent on Friday morning as President Barack Obama and Republicans held talks to end a budget stand-off that threatens to plunge the US into default.

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

More Filipinos can afford brand-new cars, bank exec says

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PHOTO courtesy of BPI

More Filipinos are able to buy brand-new cars these days as shown in the sales trends reported by dealers across the country, a bank executive said.

Posted: September 13th, 2013 in Latest Business Stories | Read More »

Early indicators point to strong 2013 growth

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FILE PHOTO

Prospects for the Philippine economy remain bright with several key leading indicators pointing to the likelihood that the expected rapid growth in the first half would be sustained in the coming months.

Posted: August 9th, 2013 in Editor's Pick,Featured Gallery,Headlines,Photos & Videos | Read More »

Dollar slips in Asian trade

AFP FILE PHOTO

The dollar slipped in Asia on Friday as poor US data weighed, while the euro was mixed after an upbeat German business climate index propelled it higher in New York.

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

Dollar steady in Asian trade after Fed rally

AP FILE PHOTO

The dollar was steady in Asia Friday after a rally fuelled by the US Federal Reserve’s signal that it could start reeling in its stimulus scheme this year, while worries about China’s economy spooked investors.

Posted: June 21st, 2013 in Latest Business Stories | Read More »

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