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Fed sees case building for interest rate cuts this year

WASHINGTON -- The US Federal Reserve on Wednesday signalled interest rate cuts beginning as early as July, saying it is ready to battle growing global and domestic economic risks as it took stock of rising trade tensions and growing concerns about weak inflation......»»

Category: financeSource:  bworldonlineRelated NewsJun 20th, 2019

Trade tensions kick Asian business confidence to 10-year low — survey

MUMBAI -- Confidence among Asian companies in the June quarter fell to its lowest since the 2008-09 financial crisis, as a US-China trade war disrupts global supply chains and shows little sign of easing soon, a Thomson Reuters/INSEAD survey found......»»

Category: newsSource:  bworldonlineRelated NewsJun 19th, 2019

PSEi dips on US-China trade-war worries

For the second straight day, the stock market fell on Friday as concerns over escalating trade tensions between the United States and China triggered new selloffs. The benchmark Philippine Stock…READ The post PSEi dips on US-China trade-war worries appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsMay 25th, 2019

PSEi still vulnerable to selloffs

THE stock market remains susceptible to selloffs this week as trade tensions between the United States and China continue to worsen, according to an analyst. In a comment over the…READ The post PSEi still vulnerable to selloffs appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsMay 20th, 2019

PSEi falls 1.89% as US-China trade tension heats up

PHILIPPINE shares fell further in early trading on Wednesday, joining a global decline, as trade tension between the United States and China sparked sell-offs anew among investors. At the noon…READ The post PSEi falls 1.89% as US-China trade tension heats up appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsMay 8th, 2019

‘Hot money’ flows out for 3rd straight month in May

MORE foreign capital went out of the Philippines in May for the third straight month, amid the escalating trade tensions between the United States and China, the Bangko Sentral ng Pilipinas (BSP) reported on Friday......»»

Category: newsSource:  bworldonlineRelated NewsJun 21st, 2019

Diskwento Caravan Generates P385T in Sales

The two-day out of town Diskwento Caravan staged by Department of Trade and Industry (DTI) – Provincial Office early this month has generated P385,820.71 in sales. The amount is the combined sales in the municipalities of Pres. Roxas and Mambusao registered at P171,708.53 and P197,462.03, respectively, while a couple of city-based commercial establishments which also […].....»»

Category: newsSource:  metrocebuRelated NewsJun 21st, 2019

WATCH: Zion Williamson wants something special as Pelicans leader

MANILA, Philippines – Zion Williamson seeks to do big things with the New Orleans Pelicans after being drafted first overall in the 2019 NBA Rookie Draft.  With the Pelicans parading a relatively young squad following the trade of superstar Anthony Davis to the Los Angeles Lakers, Williamson – as early ........»»

Category: newsSource:  rapplerRelated NewsJun 21st, 2019

Stocks rally past 8,000 on positive US-China trade developments

The benchmark Philippine Stock Exchange index (PSEi) finished strong yesterday as it rose 94.97 points or 1.19 percent to finish at 8,017.01......»»

Category: financeSource:  philstarRelated NewsJun 19th, 2019

Finding investment opportunities in a volatile market

Amid trade tensions between the United States and China, and issues such as Brexit and global geopolitical unrest, investor confidence in the market has been steadily waning. Recently in the Philippines, cautious and negative sentiments among investors have caused the benchmark Philippine Stock Exchange index to fall below the 7,500-point barrier. In spite of this […].....»»

Category: financeSource:  bworldonlineRelated NewsJun 11th, 2019

China data push PSEi over 8,000

THE stock market returned to the 8,000 level on Monday as China’s improved trade data amid its worsening trade war with the United States buoyed investor sentiment. The benchmark Philippine…READ The post China data push PSEi over 8,000 appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsJun 11th, 2019

G20 finance chiefs to say trade row ‘intensified’

FUKUOKA, JAPAN -- Group of 20 finance leaders said on Sunday that trade and geopolitical tensions have “intensified” but failed to express a pressing need to resolve them, in a final draft communique that said global growth is likely to pick up......»»

Category: financeSource:  bworldonlineRelated NewsJun 9th, 2019

IMF s Lagarde: Resolving trade tensions immediate priority for G20

WASHINGTON, USA – The global economy is at a "delicate juncture" which will require central banks to maintain stimulus and governments to resolve trade disputes quickly, the International Monetary Fund (IMF) warned Wednesday, June 5. "The immediate priority is to resolve the current trade tensions," IMF chief ........»»

Category: newsSource:  rapplerRelated NewsJun 6th, 2019

Expected infrastructure spending pickup next semester to fuel growth

THE PHILIPPINE ECONOMY can expect to benefit from revived infrastructure spending in the latter half of this year after a four-month delay in enactment of the P3.662-trillion national budget weighed on “fiscal impulse” this semester, S&P Global Ratings said in a report e-mailed to journalists on Tuesday that tagged the impact of Sino-US trade tensions and potential price pressures from a prolonged El Niño episode and oil prices as key risks to the country’s growth prospects......»»

Category: financeSource:  bworldonlineRelated NewsMay 28th, 2019

Gov’t makes full award of T-bills ahead of reserve ratio reductions

THE GOVERNMENT fully awarded the Treasury bills (T-bill) it auctioned off on Monday, with yields declining across all tenors as market participants priced in ongoing trade tensions between China and the United States as well as the first tranche of reductions to banks’ reserve requirement ratios (RRR)......»»

Category: financeSource:  bworldonlineRelated NewsMay 27th, 2019

SE Asia Stocks-Most rise amid trade worries; Philippines slips

SE Asia Stocks-Most rise amid trade worries; Philippines slips Reuters Most Southeast Asian stock markets closed higher on Monday with Indonesia rising to a two-week high amid easing political worrie.....»»

Category: newsSource:  manilanewsRelated NewsMay 27th, 2019

Xi’s eye for beauty

The world is uptight over the increasing trade war tensions between China and the United States. Agence France-Presse reports that Kiron Skinner, a director of policy planning at the US…READ The post Xi’s eye for beauty appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsMay 25th, 2019

US-China trade tensions

US-China trade tensions.....»»

Category: newsSource:  thestandardRelated NewsMay 24th, 2019

PHL stocks snap four-day climb on profit taking

LOCAL SHARES slipped on Thursday as investors decided to stay on the sidelines and take profits amid lingering trade tensions......»»

Category: financeSource:  bworldonlineRelated NewsMay 23rd, 2019

PHL growth outlook eases with rest of the world

SIMMERING trade tensions between the world’s two biggest economies, the United States and China, will weigh on global economic prospects, the United Nations (UN) and the Organization for Economic Cooperation and Development (OECD) reported on Wednesday -- a factor that led Fitch Solutions Macro Research to slash its own gross domestic product (GDP) growth projection for the Philippines in particular for this year......»»

Category: newsSource:  bworldonlineRelated NewsMay 23rd, 2019