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US stocks drift higher; S&P 500 holds on to 2,000

Wall street 82714

Even in a daylong sideways drift, the Standard & Poor’s 500 index managed to eke out its third record close in three days. US stocks ended essentially flat on Wednesday after spending much of the day wavering between tiny gains and losses. The S&P 500 notched a gain of one-tenth of a point over the [...]

Posted: August 28th, 2014 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

‘Glenda’ shuts down financial markets

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Traffic less Ayala Avenue in Makati City at the height of Supertyphoon Glenda.
EDWIN BACASMAS

Bank operations and financial markets ground to a halt Wednesday as Metro Manila took a direct hit from Typhoon “Glenda,” (international name: Rammasun) the first major storm to tear through the country this year.

Posted: July 17th, 2014 in Editor's Pick,Headlines | Read More »

Philippine markets closed

Philippines World Markets

Financial markets in the Philippines are closed on Wednesday because of Typhoon “Glenda.”

Posted: July 16th, 2014 in Latest Business Stories | Read More »

China urges greater use of renminbi in PH mart

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Despite tensions arising from the territorial row between the Philippines and China over a number of isles and rocks lying in the West Philippine Sea, the two countries are eyeing closer ties in the financial markets, officials said Tuesday night.

Posted: June 19th, 2014 in Headlines | Read More »

Oil prices down in Asian trade

oil-prices

Oil prices edged lower in subdued Asian trade Monday but retained support from concerns about a crisis in Libya as well as an upbeat demand outlook in the US, analysts said.

Posted: May 26th, 2014 in Latest Business Stories | Read More »

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