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US stocks mostly up as Fed debate intensifies

Wall street 82014

Wall Street stocks finished mostly higher Wednesday as US Federal Reserve minutes showed rising debate over recent improvements in the jobs market.

Posted: August 21st, 2014 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

PSEi hits new high for 2014 at 7,096.49 despite ‘ghost month’

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PSE index as of August 20, 2014, 3:39 PM. Screengrab from http://edge.pse.com.ph/index/form.do

The local stock barometer retested the 7,100 mark and carved a new high for 2014 on Wednesday as investors rode on the positive momentum for local equities.

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

US stocks rise on housing data, Home Depot earnings

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US stocks Tuesday finished with solid gains following encouraging economic data and a solid earnings report from Home Depot.

Posted: August 20th, 2014 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

Asian shares gain as Ukraine fears recede

A man walks past an electronic stock board of a securities firm in Tokyo, Tuesday, Aug. 19, 2014. Asian stocks rose Tuesday after US markets rose on news of diplomatic efforts to broker a ceasefire in Ukraine.  AP PHOTO/EUGENE HOSHIKO

Asian shares rose Tuesday following a bounce on Wall Street as fears ebbed of a direct military clash between Russia and Ukraine and the focus turned to a keynote speech this week by the US Federal Reserve chief.

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

PSEi surges above 7,000

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PSE index as of August 20, 2014, 3:39 PM. Screengrab from http://edge.pse.com.ph/index/form.do

The local stock barometer surged to a new high for the year on Tuesday, firming up above 7,000, on follow-through buying related to the MSCI rebalancing alongside a favorable regional backdrop.

Posted: August 19th, 2014 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

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