February 25, 2018, 9:54 am
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Business Market

PH shares slide to 6-week lows

by Reuters on November 12, 2013
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Most Southeast Asian stocks were flat to weaker on Monday amid U.S. Federal Reserve tapering concerns after upbeat U.S. jobs data, with typhoon-hit Philippine shares sliding to near six-week lows and Thai stocks falling amid political tensions.

McDonald’s sales miss target a

by Reuters on November 12, 2013
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NEW YORK - McDonald’s Corp reported lower-than-expected comparable-restaurant sales for October as sales fell in Japan and remained weak in the United States.

Bank ruling to spur more Libo

by Reuters on November 12, 2013
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LONDON - Barclays and Deutsche Bank failed on Friday to remove allegations of interest rate rigging from two lawsuits, opening the door for more bank clients to claim they were mis-sold products linked to Libor.

Indian Hotels abandons $1.2 B

by Reuters on November 12, 2013
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MUMBAI - Indian Hotels Company, owner of the Taj Mahal chain of hotels and resorts, will not pursue its $1.2 billion bid to acquire U.S. luxury hotels group Orient-Express Hotels OEH.N, ending a year-long chase.

PH share prices continue to re

November 08, 2013
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Philippine share prices continued to retreat yesterday due to market uncertainties. Thai stocks were down as investors react against a political amnesty bill.  Indonesian shares eked out gains.  

Qatari fund invests in BlackBe

by Reuters on November 08, 2013
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DUBAI - Qatar Holding is among a handful of investors that have put money into BlackBerry’s $1 billion convertible debt offering, a source familiar with the financing plan said on Wednesday.

EU to fine banks billions of

by Reuters on November 08, 2013
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BRUSSELS - A number of finance firms, including Royal Bank of Scotland and Rabobank face billions of euros in fines next month from European Union regulators for colluding on global benchmark interest rates, reinforcing Brussels’ hard line on the sector after the financial crisis.

Twitter prices range above at

by Reuters on November 08, 2013
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NEW YORK - Twitter Inc priced its initial public offering above its expected range to raise at least $1.8 billion, in a sign of strong investor demand for the most highly anticipated U.S. public float since Facebook Inc.

Markets weaken on new fears o

November 07, 2013
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Asian stock markets treaded water yesterday after upbeat U.S. data fanned speculation the Federal Reserve could start slowing its asset buying as early as next month -- depressing bond prices and lifting the dollar.

Fed told to cap bond buys when

by Reuters on November 07, 2013
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SAN FRANCISCO - The Federal Reserve should wait for stronger evidence of economic momentum before pulling back on its massive bond-buying program, but should then announce a definitive end to the stimulus, a top Fed official said on Tuesday.

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Front Page

Column of the Day

Rappler’s continuing saga

By DAHLI ASPILLERA | February 23,2018
‘Without a court TRO against the SEC ruling, Rappler’s accreditation in Malacañang was considered revoked.” – Senior Deputy Executive Secretary Menardo Guevarra.’

Opinion of the Day

Duterte does not understand media’s role in a democracy

By ELLEN TORDESILLAS | February 23, 2018
‘This is funny if it didn’t violate the constitutional guarantee of freedom of the press.’