Philippine authorities are verifying reports that Abu Sayyaf militants have beheaded a Malaysian hostage after a ransom demand was not met.» Read More
MANILA, Oct 10- Philippine exports fell in August, posting the steepest drop and lowest value in eight months, the statistics office said on Wednesday, putting more pressure on the central bank to ease its policy rates further to support domestic growth.
*Exports in Aug at $3.8 bln vs yr-ago $4.2 bln. MANILA, Oct 10- The Philippines' statistics office on Wednesday released data on August exports:.
Tanduay gets regulator nod for capital hike- Philippine Daily Inquirer.
NOTE: Reuters has not verified these stories and does not vouch for their accuracy.
MANILA, Oct 10- Following are some company-related and market news which could have an impact on the local market. -Asia Amalgamated Holdings Corp holds special stockholders' meeting, 2/ F Uniwide Coastal Mall, CB II Roxas Blvd, Coastal Road Junction, Reclamation Area, Paranaque City, 10:00 a.m..
Paul Gruenwald, Chief Economist, Asia Pacific, ANZ says Indonesia and Philippines have proven relatively resilient against the global uncertainty as they're de-linked from the global supply chain.
1. "NCIS," CBS, 18.87 million. 3. "60 Minutes," CBS, 15.96 million. 4. "The Big Bang Theory," CBS, 15.18 million.
BEIRUT-- An official said Tuesday that an employee of Lebanon's national airline MEA was fired after a passenger complained in a social media campaign that the worker humiliated travelers from the Philippines at the Beirut airport and told them over the loudspeaker, "Filipino people, stop talking."
BANGKOK, Oct 9- Stocks in Singapore, Thailand and the Philippines edged lower on Tuesday amid broad-based sell-off in regional large caps such as Metropolitan Bank& Trust Co. and Siam Cement Pcl as concerns about global growth dented investor sentiment. Late selling erased most of morning gains in Malaysia.
SINGAPORE, Oct 9- Southeast Asia, led by Thailand and Philippines, have emerged as the best performing stock markets in Asia so far this year as investors turn to domestic-orientated economies.
Oct 09- A lasting peace deal in the Philippine island group of Mindanao would be supportive of both public and private sector investment in the area, and may boost the investment rate for the economy as a whole, supporting economic growth, Fitch Ratings says.
MANILA, Oct 9- The Philippines may raise as much as 200 billion pesos from its 25- year retail bond debut, which could lead to lower debt issues in 2013, a senior government official said on Tuesday.
HONG KONG, Oct 9- Hong Kong- based Ardon Maroon Fund Management, run by former Wall Street bank executives, has launched an Asia- focused hedge fund with seed capital from a European family office, a company document showed, aiming to profit from events such as mergers and restructurings.
TOKYO, Oct 9- Asian shares rose on Tuesday but gains were moderated by concerns over global growth prospects, especially in the world's second-biggest economy China, and expected weak U.S. corporate earnings. The MSCI index of Asia-Pacific shares outside Japan. added 0.5 percent, pulled higher by Hong Kong and China shares which rose 1.1 percent.
TOKYO, Oct 9- Asian shares rose on Tuesday but were capped by concerns over global growth prospects, especially in the world's second-biggest economy China, and expected weak U.S. corporate earnings.
The Philippines has long been among Asia's most aggressive sovereign borrowers. Now it is about to become one of its most attractive to foreign investors, too.
As Asia’s economic giants China and India experience a slowdown, analysts recommend looking at a smaller regional player, which has been delivering on its growth promises.
NOTE: Reuters has not verified this story and does not vouch for its accuracy.
GLOBAL MARKETS-Stocks, oil falter on view on China economy. STOCK TO WATCH- ALLIANCE GLOBAL GROUP INC. Shares of conglomerate Alliance Global, which have risen sharply over the past month, could reverse, technical charts suggest.
TOKYO, Oct 9- Asian shares edged higher on Tuesday but were capped by concerns over global growth prospects, especially in the world's second-biggest economy China, and expected weak U.S. corporate earnings.