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Malaysia Airlines suspends shares as revamp looms

AP FILE PHOTO

Deeply troubled Malaysia Airlines suspended trading in its shares Friday amid expectations of a corporate restructuring following the twin disasters of MH370 and MH17.

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

Amazon loss widens despite climbing sales

This June 4, 2014 photo shows Amazon.com boxes in Phoenix. Amazon reports quarterly financial results on Thursday, July 24, 2014. (AP Photo/Ross D. Franklin)

Internet retail titan Amazon on Thursday reported a money-losing quarter despite impressive growth in sales, sending shares plummeting by more than nine percent.

Posted: July 25th, 2014 in Latest Business Stories | Read More »

Facebook stock hits all-time highs on strong earnings

AP FILE PHOTO

Facebook stock jumped to record highs Thursday as strong earnings from the leading social network sparked fresh buying.

Posted: July 25th, 2014 in Latest Business Stories | Read More »

PH share prices close lower

Trading on local stocks on Thursday were muted as investors lacked incentives to load up on equities ahead of a “ghost month.”

Posted: July 25th, 2014 in Editor's Pick,Headlines | Read More »

Asian shares mixed after MH17 losses

A woman walks by an electronic stock board of a securities firm in Tokyo on Friday, July 18, 2014. Asian markets were mixed on Monday, July 21, as bargain-hunting was offset by lingering geopolitical concerns after last week's downing of a Malaysian airliner in Ukraine.  AP PHOTO/KOJI SASAHARA

Asian markets took a lead from Wall Street and rebounded Monday from last week’s losses that were fuelled by the downing of a Malaysian airliner in Ukraine.

Posted: July 21st, 2014 in Latest Business Stories | Read More »

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