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Stock Market: PSEi ends flat on renewed concerns over 'Brexit'

THE MAIN INDEX failed to break out of negative territory, as reports about the United Kingdom pursuing its exit from the European Union (EU) triggered a sell-off in markets across the region......»»

Category: financeSource:  bworldonlineRelated NewsJan 16th, 2017

Chelsea drops Diego Costa amid rift, unsettling Chinese link

div>ROB HARRIS, AP Global Soccer Writer /div> div>  /div> div>LONDON (AP) — Diego Costa's Chelsea career could be coming to a fiery abrupt end, in a setback to the English Premier League leaders' pursuit of the title. /div> div>  /div> div>The league top-scorer has not traveled with Chelsea to Leicester following a dispute with the coaching staff, and won't be playing against the champions on Saturday, a person familiar with the situation told The Association Press. The person spoke on condition of anonymity on Friday because they were not authorized to discuss Costa being dropped from the team. /div> div>  /div> div>The discord between Antonio Conte's side and Costa follows the striker becoming aware of interest from China, the person said, referencing the country's wealthy and ambitious Super League. /div> div>  /div> div>Costa's only response on Friday was an Instagram post which featured the message 'Come on Chelsea!!!' followed by a heart symbol. /div> div>  /div> div>The Daily Mail newspaper's website first reported on Friday that the dispute was over whether Costa was injured. /div> div>  /div> div>The Daily Telegraph newspaper reported online that Costa is aware of a Chinese club willing to pay him more than $30 million a year, but Chelsea is determined to hold onto its most influential player. The Spain international, who joined Chelsea from Atletico Madrid in 2014, has 14 goals in the league this season and is under contract until 2019. /div> div>  /div> div>Costa has been a vital component in Chelsea's revival after the team went from champions to an 11th-place finish last season. /div> div>  /div> div>Chelsea has a five-point lead over Liverpool after its 13-match winning streak was ended by Tottenham in the team's last league game. /div> div>  /div> div>Chelsea has already sold two players — John Obi Mikel and Oscar — to Chinese Super League clubs in the last month. Chelsea made 60 million pounds ($73 million) just from Shanghai SIPG for Oscar. Despite the windfall, Conte said he hoped the club would not lose any more players to Chinese clubs, which spent more than $600 million on foreign players in 2016. /div> div>  /div> div>'The Chinese market is a danger for all,' Conte said last month, 'not only for Chelsea, but all the teams in the world.' /div>.....»»

Category: sportsSource:  abscbnRelated NewsJan 13th, 2017

Market sustains climb; Globe up

Market sustains climb; Globe up.....»»

Category: financeSource:  thestandardRelated NewsJan 10th, 2017

Market sustains climb; Globe up

Market sustains climb; Globe up.....»»

Category: financeSource:  thestandardRelated NewsJan 9th, 2017

Year closes with a bang

Pinnacle Real Estate Consulting Services has just come out with its Philippine Real Estate Market Insight for the fourth quarter of 2016 and as in previous q.....»»

Category: financeSource:  philstarRelated NewsJan 7th, 2017

Stock Market: Investors eye 'Santa Claus' rally as year closes

LOCAL INVESTORS are pinning their hopes on a "Santa Claus" rally as the year comes to a close amid an absence of potential catalysts to drive equities after the US Federal Reserve's decision to raise rates last week......»»

Category: financeSource:  bworldonlineRelated NewsDec 18th, 2016

Stock Market: Bourse joins global retreat in face of Fed signals

LOCAL EQUITIES yesterday sounded a retreat with counterparts across the globe as the US Federal Reserve on Wednesday raised interest rates and signaled a faster pace of increases on the cards next year......»»

Category: financeSource:  bworldonlineRelated NewsDec 15th, 2016

Stock Market: Stocks recoup early losses ahead of Fed meeting

LOCAL EQUITIES closed relatively flat on Tuesday, recovering from losses earlier in the day as investors opted to stay on the sidelines with the US Federal Reserve set to begin a two-day policy review that is widely expected to yield the first interest ra.....»»

Category: financeSource:  bworldonlineRelated NewsDec 13th, 2016

Market rises; Globe tops gainers

Market rises; Globe tops gainers.....»»

Category: financeSource:  thestandardRelated NewsDec 6th, 2016

Stock Market: PSE index drops on Robredo, Renzi resignations

STOCKS slumped at the start of the week following Vice-President Maria Leonor G. Robredo's resignation from her post in the Cabinet and the result of the Italian referendum that caused Prime Minister Matteo Renzi to also step down from his post......»»

Category: financeSource:  bworldonlineRelated NewsDec 5th, 2016

Stock Market: PSEi drops below 7,000 anew on Fed hike jitters

THE MAIN INDEX slipped below the 7,000 line again on Monday despite hopes of an extended rebound amid the lack of local catalysts and lingering concerns over a possible US Federal Reserve rate hike next month......»»

Category: financeSource:  bworldonlineRelated NewsNov 21st, 2016

Stock Market: Bourse likely flat as Fed watch regains prominence

THE BOURSE is likely up for sideways trading this week as investors switch back to nagging concerns over a prospective US interest rate hike that is now widely expected to take place next month, analysts said......»»

Category: financeSource:  bworldonlineRelated NewsNov 20th, 2016

The Trump card

The stunning election victory of Donald Trump and the defeat of market favorite Hillary Clinton rattled financial markets across the globe Wednesday. But just as soon as the shock ebbed, the same markets rallied Thursday as the despair was replaced by hop.....»»

Category: newsSource:  thestandardRelated NewsNov 10th, 2016

Globe Telecom's Q3 net income drops by 50%

Globe Telecom's Q3 net income drops by 50%.....»»

Category: newsSource:  rapplerRelated NewsNov 7th, 2016

Static revenue clips Globe earnings in Q3

MANILA, Philippines - Net earnings of Globe Telecom Inc. plunged 50 percent in the third quarter from a year ago amid flat revenue growth......»»

Category: financeSource:  philstarRelated NewsNov 7th, 2016

Shell opens flat in debut but big enough for index

PILIPINAS SHELL Petroleum Corp. debuted on the Philippine Stock Exchange on Thursday with a market capitalization that makes it a good candidate for the 30-member main index, although jitters over the outcome of the US elections capped its value......»»

Category: newsSource:  bworldonlineRelated NewsNov 3rd, 2016

Stock Market: PSEi drops to 7,100 level on earnings, Fed hints

LOCAL shares continued to slump yesterday as rate hike hints from the US Federal Reserve and weak earnings from Philippine corporates dampened market sentiment......»»

Category: financeSource:  bworldonlineRelated NewsNov 3rd, 2016

Market drops; JG tops gainers

Market drops; JG tops gainers.....»»

Category: financeSource:  thestandardRelated NewsOct 28th, 2016

Market drops; DD advances

Market drops; DD advances.....»»

Category: financeSource:  thestandardRelated NewsOct 24th, 2016

Stock Market: Stocks barely budge on final Clinton, Trump face-off

PHILIPPINE shares ended flat yesterday after investors took profit from the previous days' gains with the final US presidential debate weighing on sentiment......»»

Category: financeSource:  bworldonlineRelated NewsOct 20th, 2016