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Stocks reverse course, finish mostly lower

The stock market returned to negative zone yesterday. The benchmark Philippine Stocks Exchange index (PSEi) ended lower again, finishing at 7,197.62, down 38.54 points or 0.53 percent......»»

Category: financeSource: philstar philstarOct 23rd, 2018

Stocks ignore lackluster GDP data, finish higher - Philippine Star

Stocks ignore lackluster GDP data, finish higher Philippine Star The stock market seems to have already taken into account the lower than expected 2018 economic growth figures......»»

Category: newsSource:  manilanewsRelated NewsJan 28th, 2019

Stocks ignore lackluster GDP data, finish higher

The stock market seems to have already taken into account the lower than expected 2018 economic growth figures......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2019

Asia stocks open lower on fears over US growth

Tokyo — Asian markets opened lower Monday, following Wall Street’s downbeat finish last week on fears that US economic growth has peaked, and with investors watching the Bank of Japan’s meeting. On Friday, data showed the US economy expanded at an annual rate of 4.1 percent in the second quarter, matching analyst expectations. The rise […] The post Asia stocks open lower on fears over US growth appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsJul 30th, 2018

P53-to-the-USD Barrier Breached, Stocks Dip

The Philippine peso slipped even lower, breaching the 53-to-the-greenback psychological barrier, while local stocks tumbled to the 7,600-mark on Wednesday. The local currency closed the day at 53.23 from the previous session’s finish of 52.95, thus weakening to an almost 12-year low since 2006. It opened the day at 53 and its intra-day low reached […].....»»

Category: newsSource:  metrocebuRelated NewsJun 14th, 2018

Stocks end week in the red

Stocks closed the week in the red, as the lack of catalysts failed to sustain the market’s early day gains. The Philippine Stock Exchange index edged lower by 0.11% or 9.34 points to finish at 8,372.51 on Friday, while the all-shares index also dropped 0.25% or 12.69 points to 5,052.79. “Philippine markets still finished in […] The post Stocks end week in the red appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMar 9th, 2018

Philippine stocks end week in the red

By Arra B. Francia, Reporter LOCAL stocks closed the week in the red, as the lack of catalysts failed to sustain the market’s early day gains. The Philippine Stock Exchange index (PSEi) edged lower by 0.11% or 9.34 points to finish at 8,372.51 on Friday, while the all-shares index also dropped 0.25% or 12.69 points […] The post Philippine stocks end week in the red appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMar 9th, 2018

Stocks, peso finish lower

MANILA, Philippines -  Share prices fell yesterday on lack of market-moving news locally, prompting the market to take its cue from foreign bourses......»»

Category: financeSource:  philstarRelated NewsJun 28th, 2017

Yemen family fears drone strikes under Trump – The Guardian

Every day, as they hear the whine of the drones overhead, the Tuaiman family waits for Donald Trump to finish killing them. The drones used to hover about once a week over al-Rawdah, the Yemeni village where the family lives, sending children running for cover. Now, according to Meqdad Tuaiman, the drones come every day – sometimes three or four times. Usually they arrive in the afternoon. Other times they come after sundown and linger until sunrise. The drones have not fired their weapons in four months, but their patrols have intensified since late January, when Trump took office. Meqdad, a 24-year-old used-car salesman and occasional pipeline guard, considers it no coincidence. In October 2011, Meqdad’s father, Saleh, and his 17-year-old brother Jalal were killed in a drone strike after they drove into the desert to find some missing camels. Another brother who was with them – Ezzaldeen, 14 – escaped the blast and hid until morning, when he found the two shattered bodies. In 2014, the Guardian gave Meqdad’s 13-year-old brother a camera to record his daily life. In January 2015, he too was killed in a drone strike. US drone strikes in Yemen are a key part of the campaign against al-Qaida in the Arabian Peninsula (AQAP), but the Tuaiman family denies any links to terrorism and say the family has never received any explanation from either US authorities or their Yemeni government allies. According to Meqdad, his brother Ezzaldeen has started to say: “They’re going to kill me next.” Under the Trump administration, airstrikes have escalated dramatically in Iraq and Syria, sending claims of civilian casualties skyrocketing. Airstrikes have also increased in Yemen, where the US campaign against Islamists has played out alongside a tangled civil war, which has already drawn in regional rivals Saudi Arabia and Iran. The Trump administration is considering plans to deepen US involvement in the civil war, which pits Iranian-backed Houthi rebels against the Persian Gulf states who support the exiled president Abd-Rabbu Mansour Hadi. The Tuaiman family feels pinioned between the two campaigns: its support for Hadi aligns them with the US – even as they fear being marked for death by US drone strikes. In Washington, Obama was criticized from the right for being too risk-averse even as human rights monitors said his administration’s guidance on avoiding civilian casualties was to lax. And under Trump, the guidance is a dead letter, an administration official recently told the Guardian. “Under Obama, Republicans constantly expressed concerns that White House micromanagement of how and where drones were deployed – and unrealistic rules of engagement for drone strikes – hampered US counterterrorism strategy. Even without formal guidance, Trump can reverse this by devolving strike authority to lower-level officials, and signal an acceptance for more strikes and thus more civilian casualties,” said Micah Zenko, who studies counterterrorism at the Council on Foreign Relations. Meqdad fears that Trump intends to make good on a promise he made in 2015: “When you get these terrorists, you have to take out their families.” US officials deny plans to implement such a policy, which legal experts say would constitute a war crime. But with three dead relatives, Meqdad is disinclined to rule it out. “Basically, we felt that [Trump has] no respect for human life. We felt very afraid”, Meqdad said, in a telephone interview arranged by the human rights group Reprieve. Meqdad said that if the US possesses any evidence against his family, “please bring it to court. We’re ready to explain in any US court.” From the Tuaiman’s Yemeni home to Iraq and Syria, the pace of US airstrikes has increased in recent weeks. Central Command has denied relaxing any relevant rules of engagement. Yet it has acknowledged, a December devolution of decision-making that made it quicker for US military “advisers” fighting alongside Iraqi forces in Mosul to call in airstrikes. “I think philosophically the president has made it very clear that he wants to give the commanders on the ground much more flexibility to execute their mission, especially when it comes to defeating Isis,” White House press secretary Sean Spicer said on Monday. US air force statistics show that since December, the US dropped vastly more bombs on Iraq and Syria than ever before in the two-and-a-half-year old war. In January, US warplanes loosed 3,600 munitions, followed in February by another 3,440. (March statistics are not yet available.) That blew away the previous high-water mark for monthly weapons releases: 3,242 in November 2015. The UK-based monitor group Airwars has said claims of civilian casualties caused by the US and its allies have risen so sharply that it lacks the resources to continue monitoring those alleged to have been caused by Russia, which the US had once criticized for indiscriminate bombing. In March 2017 alone, Airwars has tracked allegations of nearly 1,000 civilians killed in Iraq and Syria attributed to the US-led coalition. The Pentagon says it investigates credible claims of civilian deaths. But in Mosul, mass deaths apparently resulting from a 17 March US airstrike have caused international outcry and prompted the Iraqi government to pause its offensive. A similar trend is at work in Yemen. As of Wednesday, Trump’s 69th day in office, the US had conducted 37 drone strikes or raids beyond declared battlefields, at a rate of one strike every 1.8 days, said Zenko. Those strikes and raids have overwhelmingly focused on Yemen. [&'].....»»

Category: newsSource:  mindanaoexaminerRelated NewsMar 30th, 2017

Stocks end lower anew on lack of positive leads

Share prices plunged yesterday due to the absence of positive leads, which left the market reeling at the week’s close......»»

Category: financeSource:  philstarRelated NewsFeb 15th, 2019

Bourse falls below 8,000 on cautiousness as Trump boosts trade deal hope

Philippine stocks ended lower on Wednesday, slipping below the 8,000-level as investors were cautious after US President Donald Trump said he may extend his trade deal deadline with Beijing and a report claimed China's Xi Jinping would meet top US officials, seeming to boost the prospects of an agreement......»»

Category: financeSource:  philstarRelated NewsFeb 13th, 2019

‘Call of Duty’ maker Activision Blizzard plans to lay off hundreds of employees — reports

Activision Blizzard may soon announce layoffs in an attempt to boost profit, following lower sales in 2018 that has been felt too among other gaming giants. Sources told Bloomberg in a Friday, Feb. 8 report that hundreds of job cuts are expected as the American video game restructures to improve its profits. Stocks fell from a high of $84.68 (about P4,400) to $43.41 (about P2,200) on Friday, more than a 48 percent decline. The company, which is behind titles such as "Guitar Hero", "Call of Duty" and "Diablo", admitted in a conference last November that there was a user decline for games which include "Overwatch". While Activision Blizzard is the parent company, Activision and ...Keep on reading: ‘Call of Duty’ maker Activision Blizzard plans to lay off hundreds of employees — reports.....»»

Category: newsSource:  inquirerRelated NewsFeb 12th, 2019

Philippine central bank keeps rates steady as inflation cools

MANILA — The Philippine central bank kept its benchmark interest rate steady for a second straight meeting on Thursday, saying inflation risk had fallen on lower crude oil and food prices. The Bangko Sentral ng Pilipinas (BSP) kept the rate on its overnight reverse repurchase facility on hold at 4.75 percent, as predicted by all 10 […] The post Philippine central bank keeps rates steady as inflation cools appeared first on Interaksyon......»»

Category: newsSource:  interaksyonRelated NewsFeb 7th, 2019

SE Asia Stocks-Most fall; Philippines leads losses

SE Asia Stocks-Most fall; Philippines leads losses Reuters Most Southeast Asian stock markets ended lower in lacklustre trading on Monday, with Philippine and Indonesia indexes falling the most, as r.....»»

Category: newsSource:  manilanewsRelated NewsFeb 5th, 2019

Stocks stay in green, near 8,000 threshold

The stock market stayed in positive territory yesterday, further gaining 65.56 points or 0.82 percent to finish nearer the 8,000 mark at 7,985.23......»»

Category: financeSource:  philstarRelated NewsJan 11th, 2019

Stocks soar on optimism on GDP results

The stock market soared yesterday, rallying by 191.40 points or 2.55 percent to finish at 7,680.60 on hopes of strong 2018 economic figures, analysts said......»»

Category: financeSource:  philstarRelated NewsJan 3rd, 2019

Stocks make positive start on lower inflation forecast

The benchmark Philippine Stock Exchange index (PSEi), the stock market gauge, finished at 7,489.20, up 23.18 points or 0.31 percent......»»

Category: financeSource:  philstarRelated NewsJan 2nd, 2019

Stocks end lower on thin trading, Wall St.’s drop

SHARES TREKKED lower on Wednesday due to thin trading, while also weighed down by the weakness of markets abroad......»»

Category: newsSource:  bworldonlineRelated NewsDec 26th, 2018

World stocks slip as traders brace for Fed rate increase | Inquirer Business

World markets were mostly lower on Tuesday, tracking losses on Wall Street as traders braced for an interest rate hike by Federal Reserve. The post World stocks slip as traders brace for Fed rate incr.....»»

Category: newsSource:  philippinetimesRelated NewsDec 18th, 2018

Stocks end week on bearish mood

The market remained down yesterday with the benchmark Philippine Stock Exchange index (PSEi) ending 74.26 points lower at 7,461.06......»»

Category: financeSource:  philstarRelated NewsDec 7th, 2018

Atletico, Barcelona, Sevilla power through in Copa

By Tales Azzoni, Associated Press MADRID (AP) — Atletico Madrid was so poor in the first half against fourth-division visitor Sant Andreu that a shock Copa del Rey elimination wasn't a far-fetched possibility on Wednesday. But three goals in the opening 10 minutes of the second period guided Atletico's second-string team to a 4-0 victory at Wanda Metropolitano Stadium. Barcelona and Sevilla also beat lower division clubs, while Villarreal recorded an 8-0 rout of second tier Almeria with four goals by Cameroon striker Karl Toko-Ekambi. Thomas Lemar scored for Atletico in the 48th minute, Nikola Kalinic in the 53rd, Angel Correa in the 55th and Victor "Vitolo" Machin in the 81st to secure Diego Simeone's team a place in the last 16 following a 5-0 aggregate victory. "We struggled in the first half. We weren't able to play with quick transitions," said Simeone after his 400th Atletico match. "Everything changed in the second half. After the first goal the team played more freely." Atletico was without Diego Costa because of injury, while Antoine Griezmann and several other regular starters were rested by Simeone, who was banned from the bench as he served the second of a three-game suspension following a rant in a Copa match against Sevilla last season. Substitute Lemar went on at halftime and was key for Atletico, opening the scoring with a right-footed shot from outside the area. Kalinic added a header and Correa produced a fine finish with the outside of his right foot. Vitolo's goal from close range came after a pass by Saul Niguez. BARCELONA BOOST Barcelona advanced 5-1 on aggregate after its reserves cruised past third division Cultural Leonesa 4-1 at Camp Nou Stadium. Denis Suarez scored a goal in each half while Munir El Haddadi and Malcom were on target before halftime. Josep Sene netted in the second period for Cultural, the club owned by the Qatari state. Barcelona midfielder Ricard "Riqui" Puig, 19, set up one of Suarez's goals on his debut. "It was a dream come true," Puig said. "I used to come to this stadium when I was three." Malcom went off in the final minutes with an apparent knee injury. TOKO-EKAMBI'S NIGHT Toko-Ekambi became the first Villarreal player to score four goals in a match this century, leading the club to an 11-3 aggregate win. He netted three times in the first half and once in the second. Carlos Bacca scored twice, while Gerard Moreno and Dani Raba added a goal each. TOP-TIER CLASHES In all first-division ties, Girona came from behind to defeat Alaves 2-1 and advance 4-3 on aggregate, while Real Sociedad beat Celta Vigo 2-0 to go through 3-1 overall. Alaves struck first at Montilivi Stadium in Catalonia with an own-goal by Pedro Alcala in the 62nd minute, but the hosts rallied through Alex Granell in the 74th and Cristian "Portu" Portugues in the 79th to reach the last 16 for the first time. Sociedad sunk Celta with two superb goals by Mikel Oyarzabal and Adnan Januzaj. Oyarzabal netted in the 10th with a booming long-range shot into the top corner, and Januzaj scored in the 27th with a curling strike. OTHER RESULTS Sevilla edged third division Villanovense 1-0 to advance following a 0-0 first-leg draw. Andre Silva scored the winner early in the second half, converting the rebound after missing a penalty. Valladolid came from behind to defeat second tier Mallorca 2-1 and progress 4-2 on aggregate......»»

Category: sportsSource:  abscbnRelated NewsDec 6th, 2018