Japan Govt, BOJ Exchange Views on Stock Sell-Offs
December 21, 2018
Tokyo–Senior officials of the Japanese government and the Bank of Japan on Thursday exchanged views on recent financial market instability, including stock sell-offs. “We’re concerned about recent large fluctuations (in stock prices),” Masatsugu Asakawa, vice finance minister for international affairs,
Stocks, peso end lower
December 20, 2018
Stocks ended lower on Thursday, with the Philippine Stock Exchange index settling at 7, 563,41 points, down 16.21 points. In the broader market, there were 117 gainers, 78 decliners and 42 shares unchanged. Volume reached 875.14 million shares worth P5.88
Stocks surge, peso unchanged
December 19, 2018
Philippine stocks surged on Wednesday, as the key index climbed 2.15 percent. The Philippine Stock Exchange index settled at 7, 579.12 points, up 159.22. In the broader market, there were 124 gainers, 60 decliners and 50 shares unchanged. Volume reached
Overall BOP position posts $847m surplus in November
December 19, 2018
Overall balance of payments (BOP) position yielded a surplus of $847 million in November, a reversal from the $44 million deficit in the same month last year, the Bangko Sentral ng Pilipinas (BSP) said Wednesday. Inflows in November stemmed mainly
Stocks, peso end lower
December 18, 2018
Philippine stocks ended lower, with the key index losing more one percent on Tuesday. The Philippine Stock Exchange index settled at 7,420.40m down 1oo points. In the broader market, there were 124 decliners, 73 gainers and 38 shares unchanged. Volume
Japan to Boost Tax Grants to Local Govts
December 18, 2018
Tokyo — The Japanese Internal Affairs And Finance Ministers Agreed On Tuesday To Increase Tax Grants To Local Governments For The First Time In Seven Years In Fiscal 2019. For The Year That Starts Next April, The Sum Will grow
Stocks flat, peso rallies to end just below P53:$1
December 17, 2018
Stocks closed flat while the peso declined against the US dollar on Monday. The Philippine Stock Exchange index closed 3.97 points lower to 7,520.48. In the broader market, there were 98 decliners, 93 gainers and 45 shares unchanged. The peso
Personal remittances from Jan to Oct total $26.5b, up 2.9% from year ago
December 17, 2018
Personal remittances from overseas Filipinos (OFs) for the first ten months of the year reached $26.5 billion, equivalent to a 2.9 percent year-on-year growth, the Bangko Sentral ng Pilipinas (BSP) said Monday. For October, personal remittances totaled $2.8 billion, higher
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