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Philippine shares fall alongside Asian peers

ABS-CBN News
Posted at Jan 24 11:41 PM

The PSE Index started the new trading week in the red, but the Figaro Coffee Group manages to buck the negative trend during its stock market debut. Read more »

Robredo gets backing of several economists

Adrian Ayalin, ABS-CBN News
Updated as of Jan 20 07:15 PM

At least 4 leading economists gave their seal of approval to Vice President Leni Robredo's plan to boost the economy. Read more »

PH lags in returning to pre-pandemic growth: ADB study

Warren de Guzman, ABS-CBN News
Updated as of Jan 20 04:13 PM

The Philippines is lagging behind in the race to bring growth back to pre-pandemic speed, according to the preliminary results of ADB's study. Read more »

PH shares join regional slide, falls to 7,261

ABS-CBN News
Posted at Jan 19 10:54 PM

Philippine shares returned to the doldrums after Tuesday's rally as investors continue to fret over rising treasury yields. Read more »

Chinese provinces lower economic growth targets for 2022

Frank Tang and Amanda Lee, South China Morning Post
Posted at Jan 19 08:09 PM

The provinces of Zhejiang, Anhui, Chongqing, Sichuan and Hunan this week lowered their economic growth targets for 2022. The less ambitious goals underscore the challenges facing China’s economy, including the coronavirus and a property market downturn. Read more »

PH shares snap 2-day losing streak on bargain hunting

ABS-CBN News
Posted at Jan 18 11:13 PM

The Philippine Stock Exchange Index defied a mostly lower session in Asia. Read more »

Super-rich thrive as COVID-19 pushes millions into poverty

Emma Batha, Thomson Reuters Foundation
Posted at Jan 18 09:16 PM

The 10 richest people have boosted their fortunes by $15,000 a second or $1.3 billion a day while more than 160 million people were pushed into poverty during the pandemic. Read more »

With Omicron, global economy spots chance to push past COVID

Mark John and Howard Schneider, Reuters
Posted at Jan 18 07:55 PM

Governments worldwide are easing quarantine rules, reviewing coronavirus curbs and dialing back pandemic-era emergency support as they bid to launch their economies back into some version of normality. Read more »

Pagpapalawig ng Alert Level 3, mas magaan vs lockdowns - NEDA

Joyce Balancio, ABS-CBN News
Posted at Jan 18 06:51 PM

Ipinagmalaki ni Lopez na sa kabila ng COVID-19 pandemic, tumaas umano ang bilang ng mga Pilipinong nagkaroon ng trabaho sa bansa nitong 2021 Read more »

PH shares fall for second session to 7,223

ABS-CBN News
Posted at Jan 17 10:43 PM

The Philippine Stock Exchange Index started the new trading week on the backfoot even as real estate developer House Talk kicked off the 2022 IPO pipeline. Read more »

Global jobs recovery delayed by pandemic uncertainty, Omicron

Emma Farge, Reuters
Posted at Jan 17 07:52 PM

The global job market will taker longer to recover than previously thought, with unemployment levels set to remain above pre-COVID-19 levels until at least 2023. Read more »

China's Q4 and 2021 GDP grow faster than expected

Reuters
Updated as of Jan 17 01:53 PM

China's economy rebounded in 2021 but weak consumption at the year-end and a property slowdown point to cooling momentum. Read more »

China cuts rates on policy loans, analysts point to more easing ahead

Reuters
Updated as of Jan 17 11:30 AM

China's central bank on Monday unexpectedly cut the borrowing costs of its medium-term loans for the first time since April 2020, while some market analysts expect more policy easing this year to cushion an economic slowdown. Read more »

S. Korea, Taiwan seen to top Japan in GDP per capita in 2027, 2028

Kyodo News
Posted at Jan 16 12:00 PM

Japan's gross domestic product per capita will fall behind that of South Korea in 2027 and Taiwan in 2028, according to a recent projection by a Tokyo-based research institute. Read more »

P1B payout for workers could come by end of January: DOLE

Anjo Bagaoisan, ABS-CBN News
Posted at Jan 15 08:58 PM

Around 200,000 formal sector workers affected by the imposition of Alert Level 3 are set to receive P5,000 in cash aid, said DOLE. Read more »

Analysts hopeful omicron surge in PH ends within 1Q

Warren de Guzman, ABS-CBN News
Posted at Jan 15 02:02 AM

The Asian Development Bank expects the Philippine economy to grow by 6 percent this year after a 5.1 percent expansion in 2021. Read more »

Alert Level 3 in NCR to keep economic activities running

Warren De Guzman, ABS-CBN News
Posted at Jan 14 04:41 PM

Several business groups earlier lobbied to keep the alert level at its current position to keep the economic activities running despite the COVID-19 surge. Read more »

PH budget deficit seen to narrow in 2022: Fitch Solutions

ABS-CBN News
Posted at Jan 14 12:18 PM

The Philippines' budget deficit is seen to narrow in 2022 but is likely to remain higher compared to its pre-pandemic level, Fitch Solutions told ANC. Read more »

[OPINION] Malampaya’s over P48 million a day take

Dean Dela Paz
Posted at Jan 14 12:35 AM

Simplified, over P48.74 million are placed in the hands of a single start-up every day. Read more »

PH shares buck regional slide, climb to 7,307

ABS-CBN News
Posted at Jan 13 10:22 PM

The Philippine Stock Exchange Index outperformed most of its Asian peers as it climbed over the 7,300 level. Read more »