Tag: stock

  • Asian Stocks, Oil Gain on Global Growth Optimism; Dollar Drops

    Asian stocks rose a second day and oil gained after bigger-than-expected gains in Japanese retail sales and U.S. housing boosted confidence in global growth. The dollar fell before a European summit on the debt crisis. The MSCI Asia Pacific Index added 1 percent as of 1:00 p.m. in Tokyo, where the Nikkei 225 Stock Average […]

  • South East Asian Stocks fell due to euro zone’s debt crisis

    BANGKOK, Jan 16 (Reuters) – Southeast Asian stock markets fell on Monday, led by commodities-related and banking shares, after euro zone sovereign rating cuts by Standard & Poor’s rekindled concerns about the euro zone’s debt crisis. S&P downgraded nine of the euro zone’s 17 countries, including top-notch France and Austria, and said it would decide […]

  • Philippines Stock Index closed on positive year end

    MANILA, Dec 30 (Reuters) – Philippine financial markets will be closed on Friday, Dec. 30, which has been declared a holiday to observe the martyrdom of national hero, Jose Rizal. Markets will reopen on Jan. 2. On Thursday, the stock market’s main index <.PSI> edged up 0.8 percent, closing the year with a gain of […]

  • Philippines PLDT selling notes to raise funds

    MANILA, Oct 26 (Reuters) – Philippine Long Distance Telephone Co (PLDT) <TEL.PS> said on Wednesday it was planning to sell notes to raise up to 5 billion pesos ($116 million) for capital expenditures and debt refinancing. The country’s biggest telecommunications firm told the stock exchange it had mandated HSBC <HSBA.L> and First Metro Investment Corp […]