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Asian stocks climb after China rate cut

Pedestrians look at their mobile phones near an electronic stock board of a securities firm in Tokyo on Oct. 28, 2014. Asian markets were mixed Monday as traders took a breather after last week's rally, but Shanghai hit a 21-month high on hopes of Chinese stimulus measures after a weak manufacturing report.  AP PHOTO/EUGENE HOSHIKO

Asian markets rallied Monday after China’s surprise move last week to cut interest rates for the first time in more than two years as its leaders try to strengthen growth.

Posted: November 24th, 2014 in Latest Business Stories | Read More »

Energy stocks help PSEi firm up at 7,229.72


The local stock barometer firmed up for the second straight session on Monday, led by the Lopez-led energy stocks, which reported plans to expand its renewable energy projects.

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

Stocks down on profit-taking

philippine stock exchange

The local stock barometer slipped Friday but stayed afloat the 7,200 mark, battered by profit-taking on gaming stock Bloomberry Resorts Corp.

Posted: November 8th, 2014 in Editor's Pick,Headlines,Latest Business Stories | Read More »

Dow, S&P set records after Republicans sweep US vote

Wall street 11514

The Dow and S&P 500 Wednesday closed at fresh record highs after Tuesday’s elections swept Republicans into power in both houses of Congress and lifted hopes for pro-business policies.

Posted: November 6th, 2014 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

PSEi breaches 7,300 mark

The local stock barometer climbed back to the 7,300 level on Monday as optimism on third-quarter local corporate results helped fuel the market’s return to a bull market.

Posted: November 4th, 2014 in Editor's Pick,Headlines | Read More »



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