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PH seen weathering hike in US interest rates

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AFP FILE PHOTO

The Philippines could weather any potential interest rate shock if ever US rates go up sharply, according to debt watcher Fitch Ratings.

Posted: September 20th, 2014 in Headlines,Latest Business Stories | Read More »

PSEi firms up at 7,180.34 despite sluggish regional markets

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After outperforming all expectations this year, the law of gravity has finally caught up with high-flying local equities. AFP FILE PHOTO

The local stock barometer firmed up for the first time in five days on Tuesday even as regional markets remained sluggish ahead of a crucial US Federal Reserve policy meeting.

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

PSEi slips for 5th day due to profit taking

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Philippine Stock Exchange.  AFP FILE PHOTO

The local stock barometer slipped on fifth day of profit-taking on Monday as investors reassessed portfolios after the recent run-up alongside sluggish trading across the region.

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

PSEi slips ahead of BSP meet

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A Filipino trader blows a horn during the first day of trading at the Philippine Stock Exchange in Makati. AP FILE PHOTO

The local stock index slipped for the second session in a row on Wednesday as interest rate concerns spurred more profit-taking.

Posted: September 10th, 2014 in Latest Business Stories | Read More »

PSEi hits high at 7,314.94 in post-ghost month buying

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PHILIPPINES-ECONOMY-STOCKS

The local stock barometer retested the 7,300 mark for the first time this year on post-“ghost month” buying binge on Monday, veering closer to the record highs seen in 2013.

Posted: September 8th, 2014 in Latest Business Stories | Read More »

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