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Market rally at risk from profit takers
Investors will be on the lookout for fresh catalysts this week which, if successful, could propel the stock market to the 6,900 level, or even back to the 7,000 mark......»»
Below target growth dampens market
The stock market plunged yesterday as the below target economic expansion in the first quarter did not sit well with investors......»»
Stocks to test 7,000 resistance
The stock market looks to sustain its momentum and advance to the 7,000 level this week, with investors keeping an eye on more corporate earnings results and positive cues abroad to fend off selling pressures......»»
Biden s top-level execs ready for trade, investment mission in Philippines
US President Joe Biden has assembled a high-level US trade and investment mission set to arrive in the Philippines next week to explore business opportunities in the country......»»
Philippines total external trade shrinks by 15.4 pct in March
MANILA, May 8 (Xinhua) -- The Philippines' total external trade in goods recorded a year-on-year decrease of 15.4 percent in March to 15.44 billion U.S. dollars, the Philippine Statistics Authority (PSA) said on Wednesday. Of the total external trade in March, 60.3 percent were imported goods, while the rest were exported goods, the agency said. The PSA data showed the trade deficit in March amounted to 3.....»»
Philippines total external trade up 9.7 pct in February
MANILA, April 11 (Xinhua) -- The Philippines' total external trade in goods increased by 9.7 percent in February to 15.46 billion U.S. dollars, the Philippine Statistics Authority (PSA) said on Thursday. Of the total external trade in February, 61.8 percent were imported goods, while the rest were exported goods, the agency said. The PSA said the deficit of trade in goods amounted to 3.65 billion dollars,.....»»
Philippines, EU resume free trade agreement talks
MANILA, March 19 (Xinhua) -- The Philippines and the European Union (EU) resumed negotiations for a free trade agreement (FTA) on Monday, the Philippines' Department of Trade and Industry (DTI) announced Tuesday. "Strengthening economic engagement with the EU remains a priority for the Philippines," said Philippine Trade and Industry Secretary Alfredo Pascual, adding that the Philippines aims for an ambitious, b.....»»
NZ welcomes Australia and Brazil to agreements
New Zealand has welcomed Australia to the Inclusive Trade Action Group (ITAG) and Australia and Brazil to the Global Trade and Gender Arrangement (GTAGA) Minister for Trade Todd McClay says. As the current chair of ITAG and GTAGA, Minister McClay hosted the signing ceremony and issued the Abu Dhabi Joint Statement on Sustainable and Inclusive Trade with fellow ITAG Ministers from Australi.....»»
Philippine calls for stronger action on climate change
Trade Secretary Alfredo Pascual has called for stronger sustainable trade and development initiatives to address climate change during the second ministerial meeting of the Coalition of Trade Ministers on Climate on the sidelines of the 13th World Trade Organization ministerial conference in Abu Dhabi, United Arab Emirates......»»
PH OKs revised Asean free trade pacts with ANZ, Hong Kong
MANILA — The Philippines, a founding member of Association of Southeast Asian Nations (Asean), has agreed to amend two important free trade agreements to benefit investors, traders, and exporters. The Department of Trade and Industry (DTI) announced on Thursday that it signed the Second Protocol to Amend the Agreement Establishing the Asean-Australia-New Zealand Free Trade.....»»
UNCTAD raises alarm over global trade disruptions
The United Nations Conference on Trade and Development is sounding the alarm about the increasing disruptions in global trade, attributed to escalating geopolitical tensions and the impact of climate change on vital trade routes around the world......»»
Murder case filed vs 5 tagged in slay of Lapu market collector
LAPU-LAPU CITY, Cebu- A murder case was filed against five individuals tagged in the killing of a Lapu-Lapu City market collector. Public Market Executive Assistant for Market Operations, Christopher Ceniza was shot-killed by two individuals riding a motorcycle on January 5, while collecting market fees from the vendors. Two of the suspects, who served as.....»»
Bargain hunting boosts stock market
Bargain hunting propelled the stock market to open the week on a high note after last week’s steep drop......»»
Selling pressures drag local stocks down
The Philippine Stock Exchange index fell below the 6,900 level, slipping by 0.31 percent or 21.72 points to end at 6,891.49 amid selling pressures at the start of the trading week......»»
Angat Dam water level drops to 190 meters
The water level in Angat Dam in Bulacan decreased to 190.03 meters yesterday due to the impact of the El Niño phenomenon and the dry season, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration......»»
Market extends winning streak
Positive sentiment on earnings results of local companies pushed the stock market above the 6,900 level, extending its winning streak to a third straight day......»»
Social Media Firms Shares Soar in Stock Market Debut
India’s GDP Growth Rate Drops to 4.7% in Latest Quarter According to provisional data released by the Central Statistical Office, India’s GDP growth rate has.....»»
Xinhua world news summary at 0830 GMT, March 10
ISLAMABAD -- Two people were killed and another injured on Sunday morning in a blast near a market in Pakistan's northwest Peshawar city, rescue service reported. The blast took place early in the morning on Nasir Bagh road near Board Bazaar, a local market in Peshawar, the capital city of the country's northwest Khyber Pakhtunkhwa (KP) province, resulting in casualties, Bilal Ahmad Faizi, public relations offic.....»»
Xinhua world news summary at 0830 GMT, March 10
ISLAMABAD -- Two people were killed and another injured on Sunday morning in a blast near a market in Pakistan's northwest Peshawar city, rescue service reported. The blast took place early in the morning on Nasir Bagh road near Board Bazaar, a local market in Peshawar, the capital city of the country's northwest Khyber Pakhtunkhwa (KP) province, resulting in casualties, Bilal Ahmad Faizi, public relations offic.....»»
Easing Middle East tensions push market higher
The stock market advanced for a second consecutive session yesterday as it received much-needed boost from gains in the US market as well as easing tensions in the Middle East......»»