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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 »

Tokyo stocks up 0.39 percent by break

A man checks the stock prices on an electronic stock board of a securities firm in Tokyo on Aug. 19, 2014. Asian markets mostly rose on Tuesday, Sept. 2, with Tokyo gaining more than one percent as the yen sank against the dollar, while Shanghai was boosted by hopes China will introduce economy-boosting measures.  AP Photo/Eugene Hoshiko

Tokyo stocks cast off early losses to finish Friday morning’s session up 0.39 percent as the yen lost more ground against the dollar, despite a weak lead from Wall Street.

Posted: September 12th, 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 »

US stocks drop; big banks hit by tougher capital rules

Wall street 9914

Wall Street stocks fell Tuesday, pulled down by major banks after the Federal Reserve signaled more stringent capital requirements.

Posted: September 10th, 2014 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

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