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PSEi climbs back to 6,500 level

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pse.com.ph photo

The local stock index surged past 6,500 on Tuesday, seen by some as a bullish breakout, as hopes for extended monetary stimulus by the US Federal Reserve boosted risk-taking.

Posted: April 1st, 2014 in Latest Business Stories | Read More »

PSEi returns to 6,400 level

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pse03312014

The local stock barometer returned to the 6,400 level on Monday on quarter-end portfolio buying as well as bets on monetary stimulus in China.

Posted: March 31st, 2014 in Latest Business Stories | Read More »

Tokyo stocks open down 0.32 percent

A woman walks by an electronic stock board of a securities firm in Tokyo on Thursday, March 20, 2014. Asian stocks inched down Thursday after comments from the new head of the Federal Reserve suggested US interest rates could rise sooner than financial markets were anticipating.  AP FILE PHOTO

Tokyo stocks opened 0.32 percent lower on Friday after a lackluster performance on Wall Street and as the yen inched higher on upbeat data that showed Japan’s bid to reach lasting inflation was gathering steam.

Posted: March 28th, 2014 in Latest Business Stories | Read More »

PSEi drops as BSP’s monetary tightening looms

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PSE index as of March 27, 2014, 3:40 PM. Screengrab from http://www.pse.com.ph

The local stock barometer slipped on Thursday ahead of a keenly awaited meeting by the local central bank, which has indicated a bias to shift to a monetary tightening cycle.

Posted: March 27th, 2014 in Latest Business Stories | Read More »

PSEi rises over upbeat US consumer report

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pse.com.ph photo

The local stock barometer rose slightly on Wednesday as most regional markets were lifted by an upbeat US consumer confidence report.

Posted: March 26th, 2014 in Latest Business Stories | Read More »

PSEi slips below 6,400 anew

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PSE index as of March 25, 2014, 3:46 PM. Screengrab from http://www.pse.com.ph

The local stock market swung back to negative territory as investors exercised caution in the absence of fresh catalysts and against a backdrop of mostly weaker regional markets.

Posted: March 25th, 2014 in Latest Business Stories,Photos & Videos | Read More »

PSEi retests 6,400 level

The local stock barometer returned to positive territory on Monday, retesting the 6,400 level, as regional markets stood resilient to a weak factory gauge out of China.

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

Asian shares rise despite weak China data

AP FILE PHOTO

Asian markets climbed Monday as investors brushed off fresh evidence indicating that China’s manufacturing sector is shrinking, while some analysts said it could prompt lawmakers to loosen monetary policy.

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

Asian shares mixed as eyes turn on Fed meeting

A man walks past a world stock price chart on a street in Tokyo on March 10, 2014 Asia's markets were mixed in edgy trade on Wednesday, March 19, after Russia ratcheted up tensions in Eastern Europe by formally absorbing Crimea from Ukraine.  AP PHOTO/EUGENE HOSHIKO

Asia’s markets were mixed in edgy trade on Wednesday after Russia ratcheted up tensions in Eastern Europe by formally absorbing Crimea from Ukraine.

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

PSEi retreats amid sluggish regional markets

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AP FILE PHOTO

The local stock barometer returned to the doldrums on Wednesday, ending a two-day run-up, as investors lacked new catalysts amid a mostly sluggish regional backdrop.

Posted: March 19th, 2014 in Latest Business Stories | Read More »

PSEi returns to 6,400 level as most regional markets recover

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pse.com.ph photo

The local stock barometer gained for the second session on Tuesday, bringing the main index back to the 6,400 level, as a recovery in most regional markets boosted risk-taking.

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

US stocks jump as worries over Crimea vote fade

Trader Kenneth Polcari, right, works on the floor of the New York Stock Exchange Monday, March 17, 2014. Stocks ended sharply higher, helped by a report that showed factory output rebounded last month.  AP

Investors were able to put aside the ongoing political turmoil in Ukraine on Monday to focus on a bit of good news on the US economy.

Posted: March 18th, 2014 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

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