Asia stocks higher after Wall Street gains on recovery hopes
A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, May 6, 2020. Asian stock markets were mixed…
PSEi gains 1.24% in thin trading
The local stock barometer firmed up for the second straight session on Wednesday, tracking mostly upbeat regional markets as some territories started to lift restrictions related to COVID-19 lockdowns. The…
Supply chain woes may offset PH gains from low oil prices
Low global oil prices stand to benefit the Philippines in the long run but its near-term impact on domestic consumer prices may be offset by supply chain disruptions caused by…
PH e-commerce gains during COVID-19 lockdown
MANILA, Philippines — The COVID-19 global pandemic and the resulting lockdowns to contain the disease, including in the Philippines, so far inflicted a “brutal blow” on the growing “sharing economy,”…
Asian shares fall, oil gains after OPEC plus strikes deal
TOKYO — Shares were mostly lower Monday in Asia while crude prices gained more than $1 per barrel after OPEC and other oil producing nations agreed to cut output to…