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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

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

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

High inflation, dollar drain, peso decline all part of growing pains , says BSP official

The economic difficulties being experienced by the Philippines at present -- high inflation, large dollar outflows and a weakening peso -- is due to 'growing pains' that are necessary for.....»»

Category: newsSource:  philippinetimesRelated NewsOct 5th, 2018

Stocks plunge; Metrobank tumbles

Stocks plunge; Metrobank tumbles.....»»

Category: financeSource:  thestandardRelated NewsOct 4th, 2018

Peso, stocks weaken anew

Financial markets suffered heavily yesterday, with the benchmark Philippine Stock Exchange index (PSEi) plunging by 101.44 points, or 1.36 percent, to end at 7,332.17, and the peso weakening by another eight centavos to settle at 54.31 to a dollar......»»

Category: financeSource:  philstarRelated NewsSep 26th, 2018

Peso, stocks weaken anew

Financial markets suffered heavily yesterday, with the benchmark Philippine Stock Exchange index (PSEi) plunging by 101.44 points, or 1.36 percent, to end at 7,332.17, and the peso weakening by another eight centavos to settle at 54.31 to a dollar......»»

Category: financeSource:  philstarRelated NewsSep 26th, 2018

AgriNurture to buy rice from Vietnam state firm in $1-B deal

Listed agribusiness company AgriNurture Inc. (Ani) has signed a billion-dollar agreement with Vietnam's largest grains exporter to help augment the country's rice stocks amid skyrocketing.....»»

Category: newsSource:  philippinetimesRelated NewsSep 18th, 2018

Peso Ends Sideways, Local Stocks Fall Hard on Inflation Report

The Philippine peso was little changed against the US dollar Wednesday but the Philippine Stock Exchange index (PSEi) took a beating following the release of August’s inflation numbers, which increased risks caused by external developments. The local unit ended the day at 53.55 from day-ago’s 53.535, which Landbank market economist Guian Angelo S. Dumalagan, traced […].....»»

Category: newsSource:  metrocebuRelated NewsSep 6th, 2018

MSCI rebalancing, positive sentiment lift stocks

Local equities staged a gradual climb on Thursday, Aug. 30, as investors looked forward to the MSCI rebalancing on Friday and the positive sentiment across international markets. The 30-member Philippine Stock Exchange index (PSEi) rose 0.28% or 22.2 points to 7,853.16, bouncing back from the previous session’s decline. The broader all shares index also firmed […] The post MSCI rebalancing, positive sentiment lift stocks appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsAug 30th, 2018

Stocks decline anew as investors pocket profits

LOCAL EQUITIES fell on Monday as investors went profit taking ahead of the trading break on Tuesday for the Islam holiday Eid’l Adha. The post Stocks decline anew as investors pocket profits appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsAug 20th, 2018