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BSP guard up against excessive forex movements

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The Bangko Sentral ng Pilipinas (BSP) on Thursday said it would protect the peso from potential foreign exchange swings arising from the United States Federal Reserve’s decision to keep interest rates low.

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

Asian shares mostly up after Fed decision

A man walks past an electronic board of a local bank showing the Hong Kong share index in Hong Kong on Sept. 10, 2014. Asian markets mostly rose Thursday, Sept. 18, while the dollar rallied after the Federal Reserve stuck to its timetable on hiking interest rates but indicated they could rise more sharply than initially envisaged.  AP PHOTO/VINCENT YU

Asian markets mostly rose Thursday while the dollar rallied after the Federal Reserve stuck to its timetable on hiking interest rates but indicated they could rise more sharply than initially envisaged.

Posted: September 19th, 2014 in Latest Business Stories | Read More »

Asian shares mostly up on China bank report

A woman walks past an electronic board of a local bank showing the Hong Kong share index in Hong Kong on Sept. 10, 2014. Asian markets mostly rose Wednesday, Sept. 17, with Hong Kong and Shanghai boosted by a report that China's central bank had pumped $81 billion into the country's five biggest lenders, while traders also awaited a US Federal Reserve policy decision.  AP PHOTO/VINCENT YU

Asian markets mostly rose Wednesday, with Hong Kong and Shanghai boosted by a report that China’s central bank had pumped $81 billion into the country’s five biggest lenders, while traders also awaited a US Federal Reserve policy decision.

Posted: September 18th, 2014 in Latest Business Stories | Read More »

Asian shares slip ahead of US Fed decision

A currency trader watches the computer screens at the foreign exchange dealing room of the Korea Exchange Bank headquarters in Seoul, South Korea, on Sept. 3, 2014. Asian bourses mostly slipped Tuesday, Sept. 16, before the US Federal Reserve's monetary policy meeting, and as lingering concerns over Chinese and US economic data weighed on global markets.  AP PHOTO/LEE JIN-MAN

Asian bourses mostly slipped Tuesday before the US Federal Reserve’s monetary policy meeting, and as lingering concerns over Chinese and US economic data weighed on global markets.

Posted: September 17th, 2014 in Latest Business Stories | Read More »

Asian shares mostly fall on weak China data

A man walks past an electronic board of a local bank showing the Hong Kong share index in Hong Kong on Sept. 10, 2014. Asian markets retreated Monday, Sept. 15m, after data at the weekend showed Chinese industrial output expanded in August at its slowest rate since the global financial crisis.  AP PHOTO/VINCENT YU

Asian markets retreated Monday after data at the weekend showed Chinese industrial output expanded in August at its slowest rate since the global financial crisis.

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

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