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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

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

Stocks end four-day slide on local buying

The local stock barometer firmed up slightly on Wednesday, halting a four-day decline, as domestic investors made up for the slack in foreign appetite. The main-share Philippine Stock Exchange inde.....»»

Category: newsSource:  philippinetimesRelated NewsAug 16th, 2018

Train law: What does it change? (Second of three parts)

By: Atty. Edward G. Gialogo INCREASED TAXES Passive Income Train imposes higher taxes on some passive incomes, including interest income from dollar and other foreign currency deposits. There is also a significant increase in the tax on sale of shares of stocks. Excise Tax Train imposes higher excise taxes on cigarettes, manufactured oils (petroleum products), mineral […] The post Train law: What does it change? (Second of three parts) appeared first on The Daily Guardian......»»

Category: newsSource:  thedailyguardianRelated NewsAug 2nd, 2018

Asian stocks slide as trade fears return; dollar climbs

A sell-off in Asian stocks spilled over into European equities and US futures on Thursday as the Trump administration’s latest threats to free trade rattled markets. The dollar climbed and bonds were mixed with central bank policy high on the agenda. The Stoxx Europe 600 Index dropped for a second day, tracking sharp declines in […].....»»

Category: financeSource:  bworldonlineRelated NewsAug 2nd, 2018

Asia stocks climb, Japan’s bond yields head higher

Asian equities rose and the dollar strengthened as investors sifted through the latest news on the U.S.-China trade front and positive results from Apple Inc. Bonds fell as Japanese yields climbed higher after the central bank said it would allow more flexibility in yield movements. Stocks climbed in Japan and South Korea, while they drifted […].....»»

Category: financeSource:  bworldonlineRelated NewsAug 1st, 2018

Local Stocks End Week in Positive Territory, Peso Moves Sideways

Positive sentiments returned to the Philippine equities market Friday enabling the main gauge to finish the week with gains but the peso closed almost unchanged against the US dollar. The Philippine Stock Exchange index (PSEi) gained 0.16 percent, or 11.74 points, to 7,399.61 points, which a trader said is normal given the ongoing developments in […].....»»

Category: newsSource:  metrocebuRelated NewsJul 23rd, 2018

US dollar down on as Trump makes fresh threats vs China

The dollar dropped against the euro as comments by US President Donald Trump risked ratcheting up trade war tensions, while stocks diverged. Artjom Hatsaturjants, research analyst at Accendo Markets, said "market sentiment soured on President Trump criticising the Fed for hiking rates and threatening to go 'whole hog' on imposing tariffs on all $500 billion of Chinese imports to the US, further inflaming global trade tensions and putting at risk central bank independence". In an interview with CNBC television broadcast Friday, Trump threatened to slap all Chinese imported goods with tariffs, risking an escalation in global trade war tactics. "I'm ready to go 500," the Republican...Keep on reading: US dollar down on as Trump makes fresh threats vs China.....»»

Category: newsSource:  inquirerRelated NewsJul 20th, 2018

Mexican peso, stocks fall as leftist wins presidency

The Mexican peso and stock market both fell Monday after the country elected the anti-establishment leftist Andres Manuel Lopez Obrador as its next president. After the fiery candidate known as “AMLO” swept to a landslide victory, the Mexican stock market’s key index lost 2.12 percent, while the peso closed down 0.9 percent against the dollar. […].....»»

Category: newsSource:  bworldonlineRelated NewsJul 3rd, 2018

Stocks slump anew as bluechips suffer

The stock market’s recovery proved short-lived as share prices resumed their decline yesterday......»»

Category: financeSource:  philstarRelated NewsJun 28th, 2018

Peso Firms Up, Stocks Sink Deeper into Bear Territory

While the Philippine peso was regaining strength against the greenback on Thursday, local stocks continued their decline, plunging more than 2 percent, sinking deeper into bear territory. The local unit rose from a 12-year low to close at 53.46 from the 53.48 finish on Wednesday. It opened the day at 53.39 and hit an intra-day […].....»»

Category: newsSource:  metrocebuRelated NewsJun 22nd, 2018