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‘Chinese Twitter’ firm Weibo to go public in US

weibo

Sina Weibo, widely known as China’s version of Twitter, is to go public in the United States Thursday at a price below expectations after a recent sell-off in technology stocks.

Posted: April 17th, 2014 in Latest Business Stories | Read More »

US stocks rise on Citi earnings, retail sales

In this April 11, 2014, photo, trader Anthony Carannante, left, works on the floor of the New York Stock Exchange. A government report showing March retail sales notched their biggest increase in 18 months helped give US stocks a lift Monday, April 14. Better-than-expected results from Citigroup helped ease worries that first-quarter corporate earnings would be weak.  AP PHOTO/RICHARD DREW

US stocks rose decisively Monday after a solid earnings report from Citigroup and encouraging retail sales data, reversing course after deep losses late last week.

Posted: April 15th, 2014 in Latest Business Stories | Read More »

Tech stocks lead market rout; Nasdaq plunges 3.1%

Trader Peter Tuchman, right, works on the floor of the New York Stock Exchange on Thursday, April 10, 2014. Anxiety about pricey technology stocks returned with a vengeance to Wall Street Thursday, sending the Nasdaq down more than 3.0 percent and sparking deep declines in the broader stock market.  AP PHOTO/RICHARD DREW

Anxiety about pricey technology stocks returned with a vengeance to Wall Street Thursday, sending the Nasdaq down more than 3.0 percent and sparking deep declines in the broader stock market.

Posted: April 11th, 2014 in Latest Business Stories | Read More »

PAL to fly to NY, major US cities

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NEW YORK, NEW YORK  File photo shows Philippine Airlines planes at Ninoy Aquino International Airport. Following the restoration of the Philippines’ category 1 status in aviation safety, PAL, plans to fly to New York, Chicago, Florida and other major cities in the East Coast.  GRIG C. MONTEGRANDE

Philippine Airlines (PAL) will open services to New York, Chicago, Florida and other major cities in the United States within a year following the removal of the Philippines from the air safety blacklist of the Federal Aviation Administration (FAA) on Thursday.

Posted: April 11th, 2014 in Editor's Pick,Latest Business Stories | Read More »

Dovish Fed minutes send US stocks up more than 1%

Wall-Street-4914

Wall Street stocks Wednesday bolted higher with tech equities leading the way after US Federal Reserve minutes showed no support for an early rise in interest rates.

Posted: April 10th, 2014 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

Nasdaq snaps losing streak, leads market higher

Specialist Jason Hardzewicz, left, works at his post on the floor of the New York Stock Exchange on Tuesday, April 8, 2014. The tech-rich Nasdaq Composite Index rallied Tuesday, leading the market to its first day of gains after three straight losses.  AP

The tech-rich Nasdaq Composite Index rallied Tuesday, leading the market to its first day of gains after three straight losses.

Posted: April 9th, 2014 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

Ford recalls vehicles over steering, seat back issues

FILE PHOTO

Ford Motor issued two vehicle recalls Monday, one to fix a corrosion risk that could affect steering and another to replace seat frames that do not meet safety standards.

Posted: April 8th, 2014 in Latest Business Stories | Read More »

US stocks fall more than 1% as tech slump continues

Specialist Mark Fitzgerald works at his post on the floor of the New York Stock Exchange, Monday, April 7, 2014. U.S. stocks extended their slump Monday afternoon, putting the Standard & Poor's 500 index on track for its first three-day losing streak since January. (AP Photo/Richard Drew)

US stocks on Monday slumped for a third day in a row as investors worried about whether high-flying technology stocks are overvalued and cautiously anticipated earnings season.

Posted: April 8th, 2014 in Latest Business Stories | Read More »

Top Filipino, US businessmen to lobby for PH inclusion in TPP

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Philippine Ambassador to the US Jose L. Cuisia Jr. INQUIRER FILE PHOTO

A group composed of top Filipino and American business leaders would help lobby for the Philippines’ inclusion in the US-led Trans-Pacific Partnership (TPP) trade deal, on top of initiatives to attract more American investors into the country, the Philippine envoy to Washington said.

Posted: April 7th, 2014 in Latest Business Stories | Read More »

Banks warned of US tax rules

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Local banks could be penalized if they failed to comply with disclosure rules on their dealings with American citizens, which could expose lenders to legal and reputational risks.

Posted: April 7th, 2014 in Headlines | Read More »

PH, emerging marts to benefit from US growth

A  housing construction is underway in North Andover, Massachusetts, in this March 21, 2014, photo. The United States’ economic recovery is expected to lead to higher growth in emerging markets around the world, offsetting the effects of tighter financing conditions as global interest rates start to climb.  AP PHOTO/ELISE AMENDOLA

The United States’ economic recovery is expected to lead to higher growth in emerging markets around the world, offsetting the effects of tighter financing conditions as global interest rates start to climb.

Posted: April 4th, 2014 in Latest Business Stories | Read More »

US stocks retreat ahead of key US jobs report

Trader Brian Sears, left, and Peter Mancuso confer on the floor of the New York Stock Exchange on Thursday, April 3, 2014. US stocks closed modestly lower Thursday as investors digested a series of economic data ahead of Friday's big jobs report for March.  AP PHOTO/RICHARD DREW

US stocks closed modestly lower Thursday as investors digested a series of economic data ahead of Friday’s big jobs report for March.

Posted: April 4th, 2014 in Latest Business Stories | Read More »

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  • PH will be partly cloudy in afternoon, evening—Pagasa
  • Ex-COA chief nabbed for plunder
  • John Paul relics abound: Bloodied shirt, unwashed fork…
  • Sports

  • Sharapova advances to Stuttgart quarterfinals
  • Galedo caps ride of redemption
  • Beermen, Express dispute second semis slot today
  • Lady Agilas upset Lady Bulldogs in four sets
  • NLEX roars to 7th D-League win
  • Lifestyle

  • ‘Recovered’ Banksy works on display ahead of sale
  • Marinduque: Visiting the ‘palm of the ocean’
  • First at Vatican in 60 years
  • How Jing Monis Salon gave Krissy the pixie
  • Want to be a supermodel? Work on your inner beauty, says Joey Espino
  • Entertainment

  • Paul McCartney to play at Candlestick concert
  • Kristoffer Martin: from thug to gay teen
  • Has Ai Ai fallen deeply with ‘sireno?’
  • California court won’t review Jackson doctor case
  • Cris Villonco on play adapted from different medium
  • Business

  • PAL hailed for ban on shark fin cargo
  • BSP to change tint of P100 bill
  • Nielsen sees car buying boom in the Philippines
  • How author of best-seller exposed ‘one percent’ economic elite
  • Bangko Sentral readies new bank lending rules
  • Technology

  • Cloud strength helps Microsoft earnings top Street
  • Vatican announces hashtag for April 27 canonizations
  • Enrile in Masters of the Universe, Lord of the Rings?
  • Top Traits of Digital Marketers
  • No truth to viral no-visa ‘chronicles’
  • Opinion

  • Editorial Cartoon, April 25, 2014
  • No deal, Janet
  • Like making Al Capone a witness vs his gang
  • MERS-CoV and mothers
  • A graduation story
  • Global Nation

  • Only 4 Etihad passengers not accounted for
  • Abandoned in Malta,15 PH seamen return
  • Senator hopes PH will also get same vow
  • HK victims to get P115M; traders raised money
  • Afghan hospital guard kills 3 US doctors, including Fil-Am pediatrician
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