Asian shares mostly higher on stimulus moves, jobs data
Shares were mostly higher in Asia on Monday after President Donald Trump issued executive orders to provide tax relief and stopgap unemployment benefits for Americans hit by the fallout from…
PH to borrow P6 trillion in 2020-2021 amid higher COVID-19 spending, weak revenues
MANILA, Philippines — The Philippines will borrow a total of P6 trillion in 2020 and 2021 to finance higher spending to address the COVID-19 crisis while tax and non-tax revenues…
US stocks close mostly higher after a choppy day of trading
Wall Street capped a choppy day of trading Wednesday with more gains for stocks as investors sized up a mix of company earnings reports and another flare-up in tensions between…
BPI’s Q2 profit down 25% on higher loan loss buffer
BPI logo Ayala-led Bank of the Philippine Islands (BPI) booked P11.68 billion in first semester net profit, down by 15 percent year-on-year as the bank set aside a much larger…
World markets mostly higher on hopes for coronavirus vaccine
A man walks past an electronic stock board showing Japan’s Nikkei 225 and New York Dow indexes at a securities firm in Tokyo Wednesday, July 15, 2020. Shares were mostly…
Asian stocks follow Wall Street higher after tech gains
BEIJING — Asian stock markets followed Wall Street higher on Thursday following gains for major U.S. tech stocks.Benchmarks in Shanghai, Tokyo, Hong Kong and Australia rose. A currency trader gestures…
UK think tank: PH can tolerate higher debt to fight COVID-19
MANILA, Philippines — The Philippines can afford to borrow more in order to finance the bigger costs in fighting the health and socioeconomic crises caused by COVID-19, London-based Capital Economics…
Asian stocks follow Wall Street higher on vaccine hopes
Asian stock markets followed Wall Street higher Thursday as hopes for development of a coronavirus vaccine competed with concern about rising U.S. infections. Currency traders watch monitors at the foreign…
Asian stocks follow Wall Street higher on bank news
BEIJING — Asian stock markets followed Wall Street higher on Friday after U.S. regulators removed some limits on banks’ ability to make investments. Currency traders watch monitors at the foreign…
Asian shares mostly higher as US reports surging virus cases
BANGKOK — Shares were mostly higher Monday in Asia despite reports that the number of coronavirus cases in the U.S. and worldwide has surged sharply. Currency traders watch monitors at…