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PH seen to sustain rise in FDIs

The Philippines is expected to attract more foreign investors, particularly those who are willing to stay for the long haul, as the local economy continues to grow despite challenges abroad.

Posted: April 17th, 2014 in Headlines | Read More »

Gov’t subsidies to state firms fell in first 2 months

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Government subsidies to state-controlled corporations fell by more than half in the first two months of the year due to the improvement in governance of public firms.

Posted: April 17th, 2014 in Headlines | Read More »

Remittance growth slows down

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FILE PHOTO

Growth in the amount of money sent home by overseas Filipino workers slowed down in February despite sustained demand for skilled labor in developed economies like the US, Japan, and Canada.

Posted: April 15th, 2014 in Latest Business Stories | Read More »

US stocks rise on Citi earnings, retail sales

In this April 11, 2014, photo, trader Anthony Carannante, left, works on the floor of the New York Stock Exchange. A government report showing March retail sales notched their biggest increase in 18 months helped give US stocks a lift Monday, April 14. Better-than-expected results from Citigroup helped ease worries that first-quarter corporate earnings would be weak.  AP PHOTO/RICHARD DREW

US stocks rose decisively Monday after a solid earnings report from Citigroup and encouraging retail sales data, reversing course after deep losses late last week.

Posted: April 15th, 2014 in Latest Business Stories | Read More »

Asian shares mixed after fresh Wall St. losses

A man walks by an electronic stock board of a securities firm in Tokyo Friday morning, April 11, 2014. Asia's markets were mixed on Monday, April 14, following another heavy sell-off on Wall Street while concerns over the crisis in Ukraine resurfaced.  AP PHOTO/KOJI SASAHARA

Asia’s markets were mixed on Monday following another heavy sell-off on Wall Street while concerns over the crisis in Ukraine resurfaced.

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

Slow trading seen

Local stocks are seen to falter this shortened trading week ahead of a long holiday break in observance of the Holy Week.

Posted: April 14th, 2014 in Editor's Pick,Headlines | Read More »

Tech stocks lead market rout; Nasdaq plunges 3.1%

Trader Peter Tuchman, right, works on the floor of the New York Stock Exchange on Thursday, April 10, 2014. Anxiety about pricey technology stocks returned with a vengeance to Wall Street Thursday, sending the Nasdaq down more than 3.0 percent and sparking deep declines in the broader stock market.  AP PHOTO/RICHARD DREW

Anxiety about pricey technology stocks returned with a vengeance to Wall Street Thursday, sending the Nasdaq down more than 3.0 percent and sparking deep declines in the broader stock market.

Posted: April 11th, 2014 in Latest Business Stories | Read More »

Dovish Fed minutes send US stocks up more than 1%

Wall-Street-4914

Wall Street stocks Wednesday bolted higher with tech equities leading the way after US Federal Reserve minutes showed no support for an early rise in interest rates.

Posted: April 10th, 2014 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

PH stocks seen to weaken

The local stock market is set to resume trading on Thursday after a national holiday on Wednesday.

Posted: April 10th, 2014 in Editor's Pick,Headlines | Read More »

Asian shares mostly up, but yen sinks Tokyo

asian shares

Asia’s markets mostly rose on Wednesday following a slight rebound on Wall Street but Tokyo took another hit from a stronger yen.

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

PH financial markets closed

Philippines Stocks Exchange. AP FILE PHOTO

Financial markets in the Philippines are closed on Wednesday for a public holiday.

Posted: April 9th, 2014 in Latest Business Stories | Read More »

Asian shares mixed, tech firms follow US peers down

A man walks by an electronic stock price indicator in Tokyo on Tuesday, April 8, 2014. Asian stock markets were mixed Tuesday after Japan's central bank refrained from expanding its stimulus and declines in tech stocks weighed on prices.  AP PHOTO/EUGENE HOSHIKO

Asian markets were mixed on Tuesday following another heavy sell-off on Wall Street, with technology stocks taking a beating, while a stronger yen added to downward pressure on Japan’s Nikkei.

Posted: April 9th, 2014 in Latest Business Stories | Read More »

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