February 20, 2017, 2:18 pm
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Business Market

PH stocks soar 1.96% on good G

January 24, 2017
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Philippine share prices ended higher Monday amid investor positioning ahead of the government’s report on the 2016 full-year economic growth. 

Asian currencies rise on uncer

January 24, 2017
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SINGAPORE - Asian currencies rose yesterday as the dollar fell after US President Donald Trump’s inauguration speech disappointed some investors who were looking for more details on his plans for fiscal stimulus.

UN sees ’17 global growth at 2

January 19, 2017
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GENEVA- The United Nations expects global economic growth to rise to 2.7 percent this year and 2.9 percent in 2018, up from 2.2 percent in 2016, and said Brexit and US  President-elect Donald Trump’s tax policies could have adverse effects.

SALE OF TOXIC MORTGAGE SECURIT

January 19, 2017
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NEW YORK. —Deutsche Bank (DBKGn.DE) (DB.N) finalized a $7.2 billion settlement with the U.S. Department of Justice over its sale of toxic mortgage securities in the run-up to the 2008 financial crisis, the government agency said.

Brainard joins Fed chorus warn

January 19, 2017
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WASHINGTON- A leading Federal Reserve proponent of low interest rates said on Tuesday the U.S. central bank might hike rates more aggressively if deficit spending under the Trump administration produced a quick economic boost.

PH stocks rebound

January 19, 2017
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Most Southeast Asian stock markets including the Philippines inched higher on Wednesday as investors picked up exporter shares after US President-elect Donald Trump expressed concerns over a stronger dollar.

GM to invest $1B more in US

January 19, 2017
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WASHINGTON- General Motors Co yesterday  confirmed it will invest an additional $1 billion in its U.S. factories in 2017 and will move some parts production from Mexico to the United States that was previously handled by a supplier.

BAT to buy Reynolds for $49.4B

January 18, 2017
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LONDON-British American Tobacco has agreed a $49.4 billion takeover of US rival Reynolds American Inc . creating the world’s biggest listed tobacco company after it nudged up an earlier offer by more than $2 billion.

BOJ offers brighter view on r

January 18, 2017
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TOKYO- The Bank of Japan raised its economic assessment for three of the country’s nine regions and maintained its optimism on the remaining areas in a quarterly report, underscoring brighter prospects for the world’s third-largest economy.

Berkshire wins reinsurance lic

January 18, 2017
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KUALA LUMPUR - Warren Buffett’s Berkshire Hathaway has won a licence to provide reinsurance services in Malaysia, the billionaire investor’s group said, as it expands operations in Asia.

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Front Page

Column of the Day

Trillanes to Duterte: Sign waiver of bank secrecy law addressed to BPI

By ELLEN TORDESILLAS | February 20,2017
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‘Trillanes did not fall into the trap of Duterte diverting the issue with his personal insults to him.’

Opinion of the Day

More on the DeLima-Trillanes team

By DAHLI ASPILLERA | February 20, 2017
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‘Sen. Trillanes to President Duterte: “Disclose your bank account deposits!’