Posts Tagged: percent

Asian Stocks, Oil Gain on Global Growth Optimism; Dollar Drops

Asian stocks rose a second day and oil gained after bigger-than-expected gains in Japanese retail sales and U.S. housing boosted confidence in global growth. The dollar fell before a...

Stocks Fall as U.S., China Data Fuel Growth Concern; Oil Drops

Global stocks declined, with gauges of Japanese and Chinese equities falling more than 20 percent below their peaks after data from the U.S. and China added to evidence of...

Philippine Peso Falls as Spain Concern Mounts

The Philippine peso snapped a three- week loss after Moody’s Investors Service raised the nation’s credit-rating outlook to positive and first-quarter economic growth beat analysts’ estimates. The move by...

Philippine Bonds Fall as BSP May Refrain From Further Easing

(Bloomberg) Philippine bonds fell on speculation the central bank will refrain from cutting interest rates amid concern costlier oil will stoke inflation. The peso gained. The yield on the 8...

Philippine banko sentral February inflation estimate

MANILA, Feb 28 (Reuters) – Inflation in the Philippine could ease to below 3 percent for the first time in more than 2 years in February, the central bank...

South East Asian Stocks fell due to euro zone’s debt crisis

BANGKOK, Jan 16 (Reuters) – Southeast Asian stock markets fell on Monday, led by commodities-related and banking shares, after euro zone sovereign rating cuts by Standard & Poor’s rekindled...

Philippines Stock Index closed on positive year end

MANILA, Dec 30 (Reuters) – Philippine financial markets will be closed on Friday, Dec. 30, which has been declared a holiday to observe the martyrdom of national hero, Jose...

Philippines November Annual Inflation Rate

MANILA, Dec 6 (Reuters) – The Philippines’ annual inflation rate slowed more than expected in November, and the central bank said on Tuesday it was willing to ease monetary...

Philippine Government needs to step up spending

MANILA, Dec 1 (Reuters) – Joint action by major central banks to avoid a global liquidity crunch should ease the burden on Philippines’ monetary policy, but the government still...

Philippine Central Bank likely to raise 2011 foreign reserve forecast

MANILA, Nov 16 (Reuters) – The Philippines expects to end the year with foreign reserves of a record $76 billion, which would support a higher than previously estimated balance...

Philippines PLDT selling notes to raise funds

MANILA, Oct 26 (Reuters) – Philippine Long Distance Telephone Co (PLDT) <TEL.PS> said on Wednesday it was planning to sell notes to raise up to 5 billion pesos ($116...

US economy show sign of hope

WASHINGTON – The economy appears slightly healthier than many had feared it was a few weeks ago, raising hopes that it can end the year on an upward slope....

June US Non-Farm Payroll Results

American employers added jobs at the slowest pace in nine months in June and the unemployment rate unexpectedly climbed to 9.2 percent, sending global stocks tumbling on concern the...

Philippine economy is growing steady

The World Bank on Wednesday praised the Philippines for its steady economic growth despite the global economic shocks and hailed reforms made by the government of President Benigno Aquino....

Financial Stocks Rises After Greece Vote

U.S. stocks rose on Wednesday after the Greek parliament passed an austerity plan and a mildly encouraging report on pending home sales according to Reuters. Equities have rallied for...

Recession looming back again

U.S. stocks sank the most in two weeks, almost erasing the 2011 gain for the Standard & Poor’s 500 Index, and the euro slid the most in more than...

Globe doubful about PLDT ‘unli’ service

GLOBE Telecom Inc. on Friday expressed doubts about the promise of rival Philippine Long Distance Telephone Co. to maintain Sun Cellular’s unlimited text and call services amid a looming...