Financial markets closed for Araw ng Kagitingan
MANILA, Philippines–Philippine financial markets are closed Tuesday for Araw ng Kagitingan, a public holiday. Trading resumes Wednesday.
MANILA, Philippines–Philippine financial markets are closed Tuesday for Araw ng Kagitingan, a public holiday. Trading resumes Wednesday.
Financial markets in the Philippines, Australia, India, Singapore, Indonesia, Hong Kong and New Zealand are closed on Friday for public holidays.
The world economy faces a new threat. Instead of a banking collapse or too much debt, fears are growing that countries are using their currencies as an economic weapon.
AS HEAD of one of the largest retail-based brokerage firms in the country, Conrado Bate is often found extolling the virtues of investing in the Philippine Stock Exchange. Nowadays, however, Bate—who heads COL Financial Group and its popular online trading platform CitisecOnline.com—is more cautious, saying that the hoped-for returns of some investors in the [...]
Financial markets in Kuala Lumpur are closed on Wednesday for a public holiday.
The Bangko Sentral ng Pilipinas said the financial burden sharing reached in the European summit should calm markets in the Philippines and across Asia, at least temporarily. According to BSP Governor Amando Tetangco Jr., what will help prevent another round of market volatilities is the realization of the commitments made by all parties during the [...]
FRANKFURT, Germany— The European Central Bank says it will “actively implement” a bond-purchase program that could boost Spanish and Italian bonds and drive down interest yields that threaten those countries with financial disaster. Sunday’s statement from bank President Jean-Claude Trichet comes as global finance officials discussed ways to ward off more turmoil ahead of the [...]
