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German firms press lifting of truck ban

GPCCI general manager Nadine Fund: Reconsider truck ban PHOTO FROM GPCCI.ORG/

German firms operating in the country have joined repeated calls for Manila Mayor Joseph Estrada to lift the truck ban in key routes in Manila, stressing that this “regretful” policy will only cripple the country’s booming economy.

Posted: March 13th, 2014 in Editor's Pick,Headlines | Read More »

Malaysia Airlines shares lose 10% over missing jet


Malaysia Airlines shares lost 10 percent on Monday, the first trading day since the company was rocked by the weekend disappearance of a passenger jet with 239 people aboard.

Posted: March 10th, 2014 in Latest Business Stories | Read More »

Asian shares mostly up as tough year draws to a close

asian shares

Asian markets rose on Monday, with Tokyo cheered by the yen hitting a five-year low against the dollar, while traders are in a broadly upbeat mood as they wind down for the end of a mixed year.

Posted: December 30th, 2013 in Latest Business Stories | Read More »

Share prices slightly up

The traditional yearend window-dressing enabled the local stock index to inch higher for a third straight session.

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

Trading resumes Thursday

The local stock market is set to reopen today, Thursday, after a two-day Christmas break, entering the final trading days for 2013.

Posted: December 25th, 2013 in Editor's Pick,Headlines | Read More »

Microsoft executive charged with insider trading


US authorities Thursday charged a Microsoft executive and his friend and business partner with insider trading, saying they used confidential information on the tech giant’s investment in bookseller Barnes & Noble.

Posted: December 20th, 2013 in Latest Business Stories | Read More »

Travellers a long-term stock play, says exec

Travellers International Hotel Group Inc., which operates the Resorts World Manila gaming complex in Pasay City, declined on its first day of trading on Tuesday as the broader stock exchange index also fell.

Posted: November 6th, 2013 in Headlines | Read More »

Oil down in Asia on profit-taking

A woman waits beside a taxi fuelling up at a Sinopec gas station in Beijing.   AFP FILE PHOTO

Oil prices eased in Asian trading hours Monday as investors took profits following last week’s rally triggered by concerns over rising tensions in the Middle East, analysts said.

Posted: June 17th, 2013 in Latest Business Stories | Read More »

Dollar eases in Asia but expected to resume rise


The dollar eased in Asia on Monday after a Japanese minister said the recent correction against the yen was nearly over, but analysts said the greenback would soon resume its climb.

Posted: May 20th, 2013 in Latest Business Stories | Read More »

Dollar eases in Asian trade as Fed meeting wraps up


The dollar eased in Asian trade Wednesday as dealers awaited the results of a US Federal Reserve meeting later in the day while poor eurozone data also weighed on the currency.

Posted: May 1st, 2013 in Latest Business Stories | Read More »

Ex-JPMorgan execs pressed about trading loss


Two former high-ranking executives at JPMorgan Chase faced tough questions from U.S. senators Friday about why the bank played down risks and hid losses from regulators when it was losing billions of dollars.

Posted: March 16th, 2013 in Latest Business Stories | Read More »

PSE to suspend trading of 7 listed firms on Jan. 2


The Philippine Stock Exchange is all set to suspend starting Jan. 2 the trading of the shares of seven listed companies that failed to comply with the 10-percent minimum public ownership requirement.   Ten companies failed to comply with the minimum public float required for continuing listing, but the trading on three issues had been [...]

Posted: December 30th, 2012 in Editor's Pick,Headlines | Read More »



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