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US stocks drop after days of big gains

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US stocks dropped Wednesday following mixed earnings, with the broad market retreating from three straight sessions of big gains.

Posted: October 23rd, 2014 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

BSP guard up as rising loans fuel concerns

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The Bangko Sentral ng Pilipinas (BSP) has under control local banks’ stockpile of consumer loans which, despite having grown in recent years, still account for a small portion of the financial industry’s total portfolio.

Posted: October 23rd, 2014 in Headlines | Read More »

Asia shares boosted by Wall St. rally

A man walks by an electronic stock board of a securities firm in Tokyo on Tuesday, Oct. 21, 2014. Asian stock markets mostly pushed higher Wednesday, taking a lead from fresh gains in New York and Europe in response to reports that the European Central Bank would widen its stimulus program.  AP PHOTO/KOJI SASAHARA

Asian markets mostly pushed higher Wednesday, taking a lead from fresh gains in New York and Europe in response to reports that the European Central Bank would widen its stimulus program.

Posted: October 23rd, 2014 in Latest Business Stories | Read More »

US stocks jump on Apple earnings, talk of ECB stimulus

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US stocks barreled higher Tuesday, propelled by talk of broader monetary stimulus in Europe and a strong Apple earnings report that helped lift the Nasdaq by more than 100 points.

Posted: October 22nd, 2014 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

More Filipinos becoming depositors, says BSP

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More people continue to set aside money as savings, in line with government and industry efforts to spread the reach of financial services to a larger segment of the population.

Posted: October 22nd, 2014 in Headlines | Read More »

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