Money Breakingnews RSS Feed
For complete list of INQUIRER.net RSS Feed visit http://services.inquirer.net/rss/rss.php



Peso down against US dollar Shedding off gains from the previous days, the peso depreciated Thursday from the close recorded Wednesday in what traders said was a sideways movement as the market absorbs positive macroeconomic developments.


BSP withdraws ‘crisis-relief’ measures The Bangko Sentral ng Pilipinas maintained its key interest rates at historic lows during the policy-setting meeting of its Monetary Board yesterday, but withdrew so-called "crisis-relief" measures earlier implemented to help avert a recession.


New investor offers to buy OCBC stock trading seat in RP A new investor has offered to acquire the long-dormant Philippine Stock Exchange trading seat of OCBC Securities Philippines Inc., an affiliate of Singaporean financial giant OCBC Group.


Oil falls below $82 on profit taking SINGAPORE – Oil tumbled below $82 a barrel in Asian trade Thursday as investors took profits from a price surge that followed data showing stronger US energy demand.


RP stocks firm up on US trading, local economic data (UPDATE) Local stocks inched up closer to the year's high on Thursday, consolidating recent gains alongside an upbeat trading in Wall Street and some favorable domestic economic data.


PDEx OKs listing of P10B Robinsons land bonds The Philippine Dealing and Exchange Corp. (PDEx), the country's fixed-income exchange, has approved the listing of P10 billion bonds issued late last year by the Gokongweis' property development arm Robinsons Land Corp.


Asian markets mixed despite China exports data HONG KONG – Chinese inflation data showing a sharp jump in prices put investors in a cautious mood Wednesday while contrasting economic figures from the US and Japan left Asian stocks mixed.


US lawyers seek billions from Toyota for value loss CHICAGO – US lawyers are seeking billions of dollars from Toyota to compensate the millions of people who saw the value of their vehicles drop in the wake of a series of mass safety recalls.


Metrobank 2009 profit up 36.8% Metropolitan Bank and Trust Co. grew its 2009 net profit by 36.8 percent to P6 billion over a year ago on a double-digit growth in interest income as well as fee-based and treasury earnings.


Shale technology boom spurs revolution in gas market HOUSTON – A gas market revolution is brewing as extraction technologies on underground rock boost production in North America, where reserves are now seen supplying more than a century of demand.