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‘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 »

PH stock index to rise to 6,500 in 2014— Sun Life of Canada

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sunlife

Global insurance giant Sun Life of Canada sees emerging markets remaining out of flavor this year but the Philippines, backed by much stronger economic fundamentals, is seen in a good position to withstand global financial market volatility.

Posted: January 29th, 2014 in Latest Business Stories | Read More »

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