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Peso hovers near 50 against the US dollar

he peso opened at P50 aga........»»

Category: newsSource:  manila_shimbunRelated NewsJan 19th, 2017

Abe's dollar diplomacy comes with strings attached - Global Times

Abe's dollar diplomacy comes with strings attached - Global Times.....»»

Category: newsSource:  googlenewsRelated NewsJan 19th, 2017

Global bond sale raises $500M

THE PHILIPPINES, one of Asia's most active sovereign bond issuers, raised $500 million from a new 25-year US dollar bond offering, in a sign of investor confidence in the country and the new government under President Rodrigo R. Duterte......»»

Category: newsSource:  bworldonlineRelated NewsJan 19th, 2017

Peso slides to 50 a dollar again

The peso touched the 50-a-dollar level Thursday, closing near a 10-year low, following the recovery of the greenback ahead of Donald Trump’s inauguration as president......»»

Category: financeSource:  thestandardRelated NewsJan 19th, 2017

Dollar fights back but traders on edge over Trump

Dollar fights back but traders on edge over Trump.....»»

Category: newsSource:  manilatimes_netRelated NewsJan 18th, 2017

America’s Dim Mak point 3: Dollar vulnerability

America’s Dim Mak point 3: Dollar vulnerability.....»»

Category: newsSource:  manilatimes_netRelated NewsJan 18th, 2017

Philippines launches 25-year dollar bonds

SINGAPORE/MANILA -- The Philippines is marketing a 25-year US dollar benchmark bond, IFR, a Thomson Reuters publication, reported on Wednesday......»»

Category: newsSource:  bworldonlineRelated NewsJan 18th, 2017

World stocks mixed as dollar regains footing after slide

HONG KONG — World stocks were mixed Wednesday following a sharp correction in the dollar that sapped investor enthusiasm......»»

Category: financeSource:  philstarRelated NewsJan 18th, 2017

US stock indexes fall, along with bond yields and dollar

NEW YORK — Losses for bank stocks pulled US indexes lower yesterday and put the Dow Jones industrial average on track for its third straight loss......»»

Category: newsSource:  philstarRelated NewsJan 17th, 2017

Opinion: M. A. P. Insights -- Rolando T. Dy: "The ASEAN race toward $250-M and $500-M exports"

The Philippines is far behind in the race for billion-dollar exports of ASEAN (Association of Southeast Asian Nations) countries. In 2014, the leaders were Thailand with 12 product exports and Vietnam with eight. Indonesia had six, Singapore four, Malaysia three and the Philippines had only two......»»

Category: financeSource:  bworldonlineRelated NewsJan 16th, 2017

Dollar struggles in Asia as China faces trade uncertainty

Dollar struggles in Asia as China faces trade uncertainty.....»»

Category: newsSource:  manilatimes_netRelated NewsJan 13th, 2017

FIFA to expand World Cup to 48 teams in 2026

GRAHAM DUNBAR, AP Sports Writer br /> ZURICH (AP) — FIFA will expand the World Cup to 48 teams, adding 16 extra nations to the 2026 tournament which is likely to be held in North America. President Gianni Infantino's favored plan — for 16 three-team groups with the top two advancing to a round of 32 — was unanimously approved Tuesday by the FIFA Council. It meets Infantino's election pledge of a bigger World Cup, and should help fund promised raises for FIFA's 211 member federations. With 80 matches instead of 64, FIFA forecasts the equivalent of $1 billion extra income at current rates from broadcasting and sponsor deals, plus ticket sales, compared to $5.5 billion revenue forecast for the 2018 World Cup in Russia. FIFA projects an increased profit of $640 million despite some extra operating costs and prize money for teams. FIFA's six continents should find out by May how many extra places they will each get. UEFA wants 16 European teams at the tournament, which is strongly favored to be played in North America. The CONCACAF region has not hosted the World Cup since the 1994 tournament in the United States. American, Canadian and Mexican soccer leaders have had informal talks about a co-hosting bid. Africa and Asia could be winners in a bigger World Cup with up to nine places each. They had only five and four teams, respectively, at the 2014 World Cup in Brazil. Still, FIFA said it expects the standard of soccer to drop compared to the 32-team format locked in for the next two World Cups in Russia and Qatar. The 'absolute quality' of play, defined by high-ranked teams facing each other most often, is achieved by 32 teams, FIFA acknowledged in a research document sent to members last month. It made 10,000 tournament simulations to reach that conclusion. Instead, Infantino wants to create fervor and months of anticipation back home in the 16 extra nations which would qualify, some probably making their World Cup debut. FIFA has pointed to Costa Rica, Wales and Iceland as examples of teams which overachieved at recent tournaments. FIFA must break with soccer tradition to make its new format work after an original 48-team plan — with an opening playoff round sending 16 'one-and-done' teams home early — was unpopular. Instead, three-team groups will replace the usual groups of four to create simple progress to a knockout bracket. However, it leaves one team idle for final group games and could risk collusion between the other two teams. FIFA said it could guard against result-rigging by introducing penalty shootouts after group games that end in draws. Despite the 16 extra games, FIFA believes the current maximum of stadiums needed will stay at the 12 used by Brazil and Russia. However, the demand for more training bases and hotels means developed countries would be better equipped to win future hosting contests. North America is the strong favorite for 2026 because European and Asian countries are blocked by a FIFA rule excluding continents which hosted either of the two previous tournaments. Russia will host the World Cup next year and Qatar in 2022. South America has been focused on a centenary tournament including original 1930 host Uruguay, and African nations are seen as lacking existing capacity and unlikely to fund multi-billion dollar infrastructure spending. .....»»

Category: sportsSource:  abscbnRelated NewsJan 10th, 2017

China can’t quit the dollar

China can’t quit the dollar.....»»

Category: newsSource:  thestandardRelated NewsJan 5th, 2017

Finance: SSS eyes higher foreign debt exposure

THE SOCIAL Security System (SSS) is looking to expand its exposure to higher-yielding offshore investments opportunities, and is also proposing some amendments to the law on dollar-denominated debts, as it continues to explore its options to boosting its fund life to accommodate a P2,000 across-the-board hike in benefits......»»

Category: financeSource:  bworldonlineRelated NewsJan 5th, 2017

UBS sees peso falling to 51 per dollar in ’17

UBS sees peso falling to 51 per dollar in ’17.....»»

Category: financeSource:  thestandardRelated NewsDec 27th, 2016

Deutsche Bank, Credit Suisse agree billion-dollar settlements in U.S.

Deutsche Bank, Credit Suisse agree billion-dollar settlements in U.S......»»

Category: newsSource:  rapplerRelated NewsDec 23rd, 2016

Peso slightly improves to P49.77 against the US dollar

he Philippine peso slight........»»

Category: newsSource:  manila_shimbunRelated NewsDec 23rd, 2016

Peso a bit above 50 to 1 level against the US dollar

he peso remained just abo........»»

Category: newsSource:  manila_shimbunRelated NewsDec 22nd, 2016

Peso hits 50 to the US dollar in intraday trade again

he peso touched the 50 ag........»»

Category: newsSource:  manila_shimbunRelated NewsDec 21st, 2016

Euro slips further toward one-to-one with dollar

FRANKFURT — The dollar's upward march has sent the euro currency to its lowest level in 14 years, easing the financial pressure on traveling Americans but gi.....»»

Category: newsSource:  philstarRelated NewsDec 20th, 2016