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US stocks decline as oil tumbles, dollar rallies

US stocks fell as crude plunged the most in two years and the dollar spiked higher amid renewed tensions over trade and geopolitics. The S&P 500 dropped the most in two weeks, as energy and material producers tumbled at least 2 percent on renewed angst that the Trump administration’s trade stance will damp demand for […].....»»

Category: financeSource: bworldonline bworldonlineJul 11th, 2018

Hot Take: It’s Time To Buy Emerging Market Stocks — And Our Top Considerations

Emerging market stocks has had new enemies following the decline in the MSCI Emerging Markets Index, which fell 20%. However, it is very likely that this decline has neared its end.   If you're one of those people that have been putting off the idea of purchasing U.S. stocks, as a result of correction which has been projected to happen soon, then you should explore the opportunities in emerging markets (EM). They have already undergone their correction. Therefore, they are not so expensive at the moment. Also, a catalyst ahead, lies just around the corner, mainly in the form of a decline in fears about a trade war, which will weaken the dollar, and consequently make emerging...Keep on reading: Hot Take: It’s Time To Buy Emerging Market Stocks — And Our Top Considerations.....»»

Category: newsSource:  inquirerRelated NewsJan 3rd, 2019

Gold drops for fifth month amid a rally in dollar, stocks

Gold is set for a fifth straight monthly decline, the longest losing run in half a decade, hit by a strengthening dollar and U.S. equities at record highs. Bullion for immediate delivery, which was at $1,205.96 an ounce on Friday, has lost 1.5 percent in August, and the run of monthly declines is the longest […] The post Gold drops for fifth month amid a rally in dollar, stocks appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsAug 31st, 2018

Tokyo stocks open higher with yen stable against dollar

Tokyo stocks opened higher on Monday, extending rallies in New York with the cheaper yen also supporting the market. The benchmark Nikkei 225 index edged up 0.23 percent, or 51.08 points, to 21,839.22 in early trade while the broader Topix was up 0.34 percent, or 5.75 points, at 1,697.29. “After gaining in early trade, the […].....»»

Category: financeSource:  bworldonlineRelated NewsJul 9th, 2018

Tokyo stocks close higher on weak yen

Tokyo stocks rose moderately on Friday, helped by Wall Street rallies and a cheaper yen against the dollar. The benchmark Nikkei 225 index gained 0.50 percent or 113.14 points to close at 22,851.75, logging a weekly gain of 0.69 percent. The broader Topix index was up 0.29 percent or 5.15 points at 1,789.04. It gained […] The post Tokyo stocks close higher on weak yen appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsJun 15th, 2018

Asian stocks decline; dollar retreats as yen gains

Asian stocks drifted and the dollar retreated from a four-month high as investors digested the latest earnings reports and many markets reopened after holidays. US equity futures edged lower after a report the possibility of a subpoena has been raised for President Donald Trump in an ongoing special-counsel investigation. Ten-year Treasury yields pushed higher, though […] The post Asian stocks decline; dollar retreats as yen gains appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMay 2nd, 2018

Stocks decline in Asia as Trump rattles nerves

Asian stocks built on losses seen in the U.S. equities session, ending a tough week for risk assets that’s rekindled concerns about what a potential trade war and a more hawkish Federal Reserve could do to global economic growth. The dollar extended losses and the yen gained. Japan bore the brunt of declines, with the […] The post Stocks decline in Asia as Trump rattles nerves appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMar 2nd, 2018

Hong Kong rallies in mixed Asia trade

HONG KONG: Hong Kong stocks climbed more than two percent on Wednesday, extending a rebound from last week’s hammering but most other Asian markets were mixed as nervous investors await the release of key US inflation data fearing fresh volatility. Tokyo fell to another four-month trough as the yen strengthened against the dollar, at one [...] The post Hong Kong rallies in mixed Asia trade appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsFeb 14th, 2018

Stocks decline, peso weakens to 50 vs dollar

MANILA, Philippines - Financial markets ended the week on a losing streak with the peso closing at 50 to $1 due to uncertainties brought about by the possibi.....»»

Category: financeSource:  philstarRelated NewsFeb 17th, 2017

‘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

Stocks decline; Vista Land climbs

Stocks decline; Vista Land climbs.....»»

Category: financeSource:  thestandardRelated NewsFeb 9th, 2019

Hot Take: It s Time To Buy Emerging Market Stocks, Top Considerations

Emerging market stocks has had new enemies following the decline in the MSCI Emerging Markets Index, which fell 20%. However, it is very likely that this decline has neared its end. If you're one.....»»

Category: newsSource:  philippinetimesRelated NewsJan 3rd, 2019

PHL stocks rebound as investors pick up bargains

LOCAL SHARES recovered on Tuesday as investors hunted for bargains following the market’s recent decline......»»

Category: newsSource:  bworldonlineRelated NewsDec 11th, 2018

Stocks track decline in regional markets

The stock market opened the week with a huge decline, taking the cue from its peers in Asia on worries over slowing global growth......»»

Category: financeSource:  philstarRelated NewsDec 10th, 2018

Money supply growth at three-year low

MONEY SUPPLY growth eased to a three-year low in October, reflecting a decline in foreign assets as dollar reserves dropped further during the month, the Bangko Sentral ng Pilipinas (BSP) said......»»

Category: newsSource:  bworldonlineRelated NewsNov 29th, 2018

Peso Remains Strong; Local Stocks Slide

The Philippine peso remained firm against the US dollar Wednesday but the Philippine Stock Exchange index (PSEi) ended its five-day winning streak in sympathy reaction to US markets. The local currency managed to finish the day at 52.35 from 52.39 Tuesday. A trader said the peso was able to remain strong amid the slide of […].....»»

Category: newsSource:  metrocebuRelated NewsNov 24th, 2018

Stocks decline; PLDT, Globe fall

Stocks decline; PLDT, Globe fall.....»»

Category: financeSource:  thestandardRelated NewsNov 9th, 2018

PH dollar reserves slump to 7-year low

The Philippines' dollar reserves fell to an over seven-year low of $74.77 billion in October after the government settled more foreign exchange obligations, the Bangko Sentral ng Pilipinas (BSP) said Wednesday.   The country's gross international reserves (GIR) declined from $74.94 billion at end-September. The October figure was also the lowest since the $71.88 billion in July 2011.   In a statement, BSP Governor Nestor A. Espenilla Jr. blamed the decline in GIR to outflows from the national government's forex obligations and net foreign currency withdrawals as well as the central banks's forex operations.   Espenilla said, however, the drop in dollar re...Keep on reading: PH dollar reserves slump to 7-year low.....»»

Category: newsSource:  inquirerRelated NewsNov 9th, 2018

Stocks decline; Ayala Land slips

Stocks decline; Ayala Land slips.....»»

Category: financeSource:  thestandardRelated NewsOct 25th, 2018

Stocks buck regional decline

Philippine stocks extended their gains on Thursday amid weakness in regional equities. The benchmark Philippine Stock Exchange index (PSEi) was up 0.59 percent or 41.57 points to 7,141.25 while the.....»»

Category: newsSource:  philippinetimesRelated NewsOct 19th, 2018

Stocks up slightly; Jollibee rallies

Stocks up slightly; Jollibee rallies.....»»

Category: financeSource:  thestandardRelated NewsOct 9th, 2018