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BSP braces for hike in US interest rates

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AFP FILE PHOTO

The United States Federal Reserve has announced the long-awaited end to its massive monetary stimulus as the recovery of the American economy from the worst financial crisis in decades gains more traction.

Posted: October 31st, 2014 in Editor's Pick,Headlines | Read More »

PSEi firms up at 7,180.34 despite sluggish regional markets

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After outperforming all expectations this year, the law of gravity has finally caught up with high-flying local equities. AFP FILE PHOTO

The local stock barometer firmed up for the first time in five days on Tuesday even as regional markets remained sluggish ahead of a crucial US Federal Reserve policy meeting.

Posted: September 16th, 2014 in Latest Business Stories | Read More »

PH peso slides to P44.230 vs US dollar

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INQUIRER FILE PHOTO

The Philippine peso on Tuesday further slid to its weakest against the US dollar since May, closing at P44.230:$1 from P44.180:$1 last Monday.

Posted: September 16th, 2014 in Latest Business Stories | Read More »

Oil prices to rise this week

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oil-prices

Fuel prices are expected to recover this week amid recurring supply concerns and an upward revision of growth estimates for the US, indicating good prospects for future fuel demand.

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

As stocks rise, so does anxiety: Time to get out?

In this Thursday, Aug. 21, 2014, file photo, trader Edward McCarthy, left, works on the floor of the New York Stock Exchange. As stocks continue to rise, investors are wondering if it’s time to sell. AP

Is it time to cash out of stocks? The market has nearly tripled in a little over five years, and with each record close, the temptation grows to take your winnings and flee. If only you had done that in the crashes that began in 2000 and 2008, you might be a lot richer.

Posted: August 30th, 2014 in Latest Business Stories | Read More »

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