Stocks rebound on Wall Street, S&P 500 trades above record
Stocks marched broadly higher on Wall Street Wednesday, briefly nudging the S&P 500 above its all-time closing high set in February, before the coronavirus pandemic led to a historic market…
PSEi may rebound to 7,000 next year
Investors may have to wait until next year to see a recovery in the main stock index to 7,000 as economic fallout from the coronavirus (COVID19) pandemic casts doubt on…
China’s economic rebound good news for Southeast Asian nations, says economist
A textile company resumes work in Zaozhuang, East China’s Shandong province, on Feb 20, 2020. sipaphoto.com via China Daily/Asia News Network WASHINGTON — China’s economic growth is likely to benefit…
Asia markets slip as virus outbreaks mute hopes for rebound
TOKYO — Markets were mostly lower in Asia on Tuesday as expanding coronavirus outbreaks dimmed hopes for a global recovery, despite an overnight rally in tech shares that pushed the…
Gov’t infra spending to rebound in 2021
While infrastructure spending took a back seat to big financing needs for COVID-19 response this year, the Department of Budget and Management (DBM) said big-ticket projects would be allocated a…
DBM: Public infra spending to rebound in 2021
While infrastructure spending took a backseat to big financing needs for COVID-19 response this year, the Department of Budget and Management (DBM) said big-ticket projects will be allocated a bigger…
Asian stocks rebound after Trump avoids reigniting trade war
BEIJING — Asian stock markets rebounded Monday after President Donald Trump avoided reigniting a trade war with China amid tension over Hong Kong and the coronavirus pandemic. A woman wearing…
Asian shares advance following rebound on Wall Street
BANGKOK — Shares advanced in Asia early Tuesday after Wall Street shook off a weak start and ended with modest gains thanks to another solid showing from big technology companies.…
Seoul stocks up for 2nd day on hopes for economic rebound
(Yonhap) SEOUL — South Korean stocks closed higher for the second straight day Tuesday amid hopes for an economic rebound, offsetting concerns over the fallout from the novel coronavirus outbreak.…