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Travellers revives IPO plan

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Travellers International Hotel Group Inc., operator of Resorts World Manila (in photo). INQUIRER FILE PHOTO

Resorts World Manila operator Travellers International Hotel Group Inc. has revived plans to make its debut on the local stock market but it may reduce the initial public offering size to between $450 million and $480 million due to volatility of the financial market.

Posted: September 27th, 2013 in Latest Business Stories | Read More »

Integration of SE Asian stock markets pushed

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Capital market players from the Philippines have joined calls for Southeast Asian nations to link their stock exchanges, saying it would better protect the region against external shocks.

Posted: August 26th, 2013 in Headlines | Read More »

Solid figures from China, Europe shore up markets

Investors chat in front of the stock price monitor at a private securities company in Shanghai, China, Wednesday, Aug. 21, 2013. Asian stock markets were choppy Wednesday as traders waited for hints from the U.S central bank about when it will begin to reduce its massive stimulus effort. AP

Solid economic figures out of China and Europe helped lift the mood in financial markets Thursday in a week when investors have been largely fretting over when the U.S. Federal Reserve will start to reduce its monetary stimulus.

Posted: August 22nd, 2013 in Latest Business Stories | Read More »

PSEi down 1.91%

PSE index as of August 2, 2013, 3:46 PM.  Screengrab from http://www.pse.com.ph

Most Philippine stocks fell sharply on Friday as a $150-million equity deal by the country’s most valuable company SM Investments dragged down the main index and sapped liquidity in the market.

Posted: August 3rd, 2013 in Editor's Pick,Headlines | Read More »

Asia stocks rise, brush off slower China growth

An investor looks at the stock price monitor at a private securities company on Monday July 15, 2013 in Shanghai, China. Asian stock markets posted modest gains Monday, registering relief that a slowdown in China's economic growth wasn't as sharp as feared. AP Photo

Asian stock markets posted modest gains Monday, registering relief that a slowdown in China’s economic growth wasn’t as sharp as feared.

Posted: July 15th, 2013 in Latest Business Stories | Read More »

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