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Dollar sags in Asia on Syrian tension

AFP FILE PHOTO

The dollar edged down against the safe-haven yen in Asia on Tuesday due to concerns over a possible US military action against Syria.

Posted: August 27th, 2013 in Latest Business Stories | Read More »

PH economy to stay strong amid stock market, peso fall, says Balisacan

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Economic Planning Secretary Arsenio Balisacan: Inclined to take offer.  INQUIRER FILE PHOTO

The latest financial market woes are likely temporary and incapable of dragging the Philippine economy’s strong growth performance.

Posted: June 25th, 2013 in Latest Business Stories | Read More »

Peso dips as investors await next move of US Federal Reserve

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Photo by INQUIRER.net

The peso closed weaker again on Tuesday in another day of weak trading as investors stayed in the sidelines ahead of the US Federal Reserve meeting this week.

Posted: June 18th, 2013 in Latest Business Stories | Read More »

Peso falls anew on weak trading

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Photo by INQUIRER.net

The peso closed weaker at the start of the week after thin trading on Monday tracking the movement of regional currencies as funds flow out of Asia.

Posted: June 17th, 2013 in Latest Business Stories | Read More »

Stock market and peso fall healthy corrections—BSP

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Source: PSE website

The Bangko Sentral ng Pilipinas has shrugged off concerns over volatility of the country’s financial markets this week, describing the sharp drop in the Philippine Stock Exchange Index (PSEi) as a healthy correction and the depreciation of the peso back to the 43-to-a-dollar level as tolerable

Posted: June 13th, 2013 in Latest Business Stories,Photos & Videos | Read More »

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