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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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News

  • US teacher fired over comment on black president
  • Magnitude-7.5 earthquake shakes Mexican capital
  • Title of new Hillary Clinton book: ‘Hard Choices’
  • Filipinos, Dutch re-enact crucifixion of Christ
  • 14 killed in car bombing in Homs
  • Sports

  • Nadal ousted by Ferrer in Monte Carlo quarters
  • Pacquiao shorts in Bradley fight sold for P1.7M in LA auction
  • Ryu pitches Dodgers past Giants
  • Alonso sets the pace in Chinese GP practice
  • Heat seek Three-peat but Spurs, Pacers top seeds
  • Lifestyle

  • Levine designs womenswear with help from fiancee
  • Gabriel Garcia Marquez, Nobel laureate, dies at 87
  • Ford Mustang turns 50 atop Empire State Building
  • Pro visual artists, lensmen to judge Pagcor’s photo contest
  • ‘Labahita a la bacalao’
  • Entertainment

  • Myx TV premieres Asian American ‘docu-series’
  • A nutty finale for ‘Scandal,’ TV’s craziest show
  • EXO postpones release of mini album ‘Overdose’
  • ‘X-men’ filmmaker slams ‘fabricated’ sex attack claims
  • Singer Chris Brown’s bodyguard on trial in DC
  • Business

  • US commerce secretary spells out economic facet of ‘pivot to Asia’
  • Italy sells luxury state cars on eBay
  • Asian shares mostly up in quiet trade
  • Dollar up in Asia on US jobs data, Ukraine deal
  • Barbie doll has a problem
  • Technology

  • Nasa’s moon-orbiting robot crashes down
  • Netizens pay respects to Gabriel Garcia Marquez
  • Nokia recalls 30,000 chargers for Lumia 2520 tablet
  • Facebook rolls out ‘nearby friends’ feature
  • Netizens seethe over Aquino’s ‘sacrifice’ message
  • Opinion

  • Editorial cartoon, April 17, 2014
  • A humbler Church
  • Deepest darkness
  • ‘Agnihotra’ for Earth’s health
  • It’s the Holy Week, time to think of others
  • Global Nation

  • Las Vegas ‘Pinoy Pride’ fest hails Filipino heritage
  • Marking Jesus’ journey on Good Friday
  • Filipina accomplice arrested for fake bills in Malaysia
  • DoH denies Filipino nurse no longer positive for MERS virus
  • WHO warns vs spread of MERS-Cov, urges vigilance in taking precautions
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