The local stock market may have breached the 7,000 mark Monday, but economist Astro del Castillo said Tuesday the effect of this may not be immediately felt by every Filipino.
Fears that debt-stricken Greece may be headed for a chaotic eurozone exit loomed large as President Barack Obama met other G8 leaders for crisis talks in the United States on Friday.
Japanese Prime Minister Yoshihiko Noda left for India on Tuesday, where economic ties will be the order of the day as Tokyo looks to shore up a financial friendship.
The annual inflation rate accelerated to 5.2 percent in October from 4.8 percent in September on the back of price increases in heavily weighted food items, the National Statistics Office said yesterday. Economists attributed the higher food prices to farm damage and transport disruptions due to recent typhoons but expected the inflation rate to stay [...]
