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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 »

PSEi in slight dip; Ayala Corp’s discounted share sale cited

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AFP FILE PHOTO

The local stock barometer was a tad lower on Thursday, weighed down by a discounted place-out of Ayala Corp. shares.

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

PSEi continues to rise

The local stock barometer firmed up for the third straight session on Tuesday, tracking regional markets that were mostly buoyed by hopes for monetary stimulus.

Posted: November 19th, 2014 in Editor's Pick,Headlines | Read More »

Asian stocks mixed after Wall St. record, Tokyo recovers

People walk past at electronic stock indicator in Tokyo on Tuesday, Nov. 18, 2014. Asian markets were mixed Tuesday, with Tokyo leading gainers on bargain-buying after the previous day's sell-off, while Wall Street provided some support with another record close.  AP PHOTO/SHIZUO KAMBAYASHI

Asian markets were mixed Tuesday, with Tokyo leading gainers on bargain-buying after the previous day’s sell-off, while Wall Street provided some support with another record close.

Posted: November 18th, 2014 in Latest Business Stories | Read More »

Energy stocks help PSEi firm up at 7,229.72

By
pse11172014

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 »

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