^
+ Follow TIM CONDON Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1549008
                    [Title] => Stocks retreat as oil prices extend fall
                    [Summary] => 

Local share prices retreated anew yesterday, joining regional peers, as the price of oil extended losses sparked by data showing a manufacturing slowdown in the world’s two largest economies.

[DatePublished] => 2016-02-02 09:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804708 [AuthorName] => Iris Gonzales [SectionName] => Business [SectionUrl] => business [URL] => http://media.philstar.com/images/the-philippine-star/headlines/20150908/Oil-hike-3.jpg ) [1] => Array ( [ArticleID] => 1245267 [Title] => Net hot money inflow up in Sept [Summary] =>

Net hot money inflow amounted to $631.46 million from Sept. 1 to 27, indicating the return of foreign portfolio investments into the country following volatilities that hounded financial markets this year.

[DatePublished] => 2013-10-15 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1438879 [AuthorName] => Kathleen A. Martin [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 1242242 [Title] => PSEi, peso seen to gain from new upgrade [Summary] =>

The local stock market and the peso are expected to gain this quarter following the new investment grade rating awarded by Moody’s Investors Service to the country, an ING economist said.

[DatePublished] => 2013-10-07 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1438879 [AuthorName] => Kathleen A. Martin [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 1134001 [Title] => Phl can weather volatility – int’l banker [Summary] =>

The Philippine economy is strong enough to weather the market volatility being experienced by its neighbors in the region, an economist of global investment bank ING said over the weekend.

[DatePublished] => 2013-08-26 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1438879 [AuthorName] => Kathleen A. Martin [SectionName] => Business [SectionUrl] => business [URL] => http://previous.presstv.ir/photo/20121107/asadi_s20121107110102410.jpg ) [4] => Array ( [ArticleID] => 933297 [Title] => ING sees BSP cutting SDA rates by 100 bps [Summary] =>

Dutch financial giant ING sees the Bangko Sentral ng Pilipinas (BSP) cutting interest rate on special deposit accounts (SDAs) by another 100 basis points to further drive away hot money.

[DatePublished] => 2013-04-22 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 564047 [Title] => Inflation seen to peak at 5% in June [Summary] =>

American banking giant Citigroup and Netherlands-based ING see average inflation peaking at five percent in June or by the third quarter of the year.

[DatePublished] => 2010-04-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 344619 [Title] => Index snaps 3-day losing streak in technical rebound [Summary] => Share prices closed 0.9 percent higher yesterday, snapping a three-day losing streak in a technical rebound inspired by the overnight upturn on Wall Street, dealers said.

However, volume was thinner than usual, with investors waiting for decisions on interest rates by the US Federal Reserve and the local central bank as well as their accompanying policy statements, they said.

The composite index rose 18.55 points at 2,084.62 after trading between 2,068.32 and 2,090.68. Volume was 352.15 million shares worth P899.52 million ($16.7 million).
[DatePublished] => 2006-06-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 342312 [Title] => Market posts biggest gain in 3 weeks on Wall St rally [Summary] => Share prices closed 1.91 percent higher yesterday as investors chased bargains for a second straight day, inspired by Wall Street’s rally and the government’s improved fiscal outlook, dealers said.

They said it was positive that after a volatile week, the market had recovered much of the ground lost on concerns about the prospects of higher US interest rates and lower growth.

The composite index rose 39.67 points to 2,121.47, after trading between 2,081.80 and 2,153.11. Volume was P1.35.

The broader all-shares index rose 18 points to 1,343.26.
[DatePublished] => 2006-06-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 282832 [Title] => 91-day T-bills inch up to 5.883% [Summary] => Treasury officials rejected the bids for the one-year Treasury bills for two auctions in a row yesterday, allowing slight increases only in the benchmark 91-day and 182-day Treasury bills (T-bills).

The average interest rate on the 91-day T-bills went up by 9.9 basis points to 5.883 percent but the market was noticeably thin as banks opted to take a cautious position in the wake of ongoing political controversies.
[DatePublished] => 2005-06-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 282634 [Title] => Worries over political issues overblown — financial analysts [Summary] => While markets are bound to weaken further in the next few weeks, financial analysts said worries over political instability may be overblown and that investors are likely to regain the momentum set early in the year.

Over the last few months, the currency, the stock and the bond markets have been picking up strength on the back of fiscal reforms in the Arroyo administration and analysts said this has created a real opportunity for sustainable fiscal turn-around.
[DatePublished] => 2005-06-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
TIM CONDON
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1549008
                    [Title] => Stocks retreat as oil prices extend fall
                    [Summary] => 

Local share prices retreated anew yesterday, joining regional peers, as the price of oil extended losses sparked by data showing a manufacturing slowdown in the world’s two largest economies.

[DatePublished] => 2016-02-02 09:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804708 [AuthorName] => Iris Gonzales [SectionName] => Business [SectionUrl] => business [URL] => http://media.philstar.com/images/the-philippine-star/headlines/20150908/Oil-hike-3.jpg ) [1] => Array ( [ArticleID] => 1245267 [Title] => Net hot money inflow up in Sept [Summary] =>

Net hot money inflow amounted to $631.46 million from Sept. 1 to 27, indicating the return of foreign portfolio investments into the country following volatilities that hounded financial markets this year.

[DatePublished] => 2013-10-15 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1438879 [AuthorName] => Kathleen A. Martin [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 1242242 [Title] => PSEi, peso seen to gain from new upgrade [Summary] =>

The local stock market and the peso are expected to gain this quarter following the new investment grade rating awarded by Moody’s Investors Service to the country, an ING economist said.

[DatePublished] => 2013-10-07 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1438879 [AuthorName] => Kathleen A. Martin [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 1134001 [Title] => Phl can weather volatility – int’l banker [Summary] =>

The Philippine economy is strong enough to weather the market volatility being experienced by its neighbors in the region, an economist of global investment bank ING said over the weekend.

[DatePublished] => 2013-08-26 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1438879 [AuthorName] => Kathleen A. Martin [SectionName] => Business [SectionUrl] => business [URL] => http://previous.presstv.ir/photo/20121107/asadi_s20121107110102410.jpg ) [4] => Array ( [ArticleID] => 933297 [Title] => ING sees BSP cutting SDA rates by 100 bps [Summary] =>

Dutch financial giant ING sees the Bangko Sentral ng Pilipinas (BSP) cutting interest rate on special deposit accounts (SDAs) by another 100 basis points to further drive away hot money.

[DatePublished] => 2013-04-22 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 564047 [Title] => Inflation seen to peak at 5% in June [Summary] =>

American banking giant Citigroup and Netherlands-based ING see average inflation peaking at five percent in June or by the third quarter of the year.

[DatePublished] => 2010-04-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 344619 [Title] => Index snaps 3-day losing streak in technical rebound [Summary] => Share prices closed 0.9 percent higher yesterday, snapping a three-day losing streak in a technical rebound inspired by the overnight upturn on Wall Street, dealers said.

However, volume was thinner than usual, with investors waiting for decisions on interest rates by the US Federal Reserve and the local central bank as well as their accompanying policy statements, they said.

The composite index rose 18.55 points at 2,084.62 after trading between 2,068.32 and 2,090.68. Volume was 352.15 million shares worth P899.52 million ($16.7 million).
[DatePublished] => 2006-06-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 342312 [Title] => Market posts biggest gain in 3 weeks on Wall St rally [Summary] => Share prices closed 1.91 percent higher yesterday as investors chased bargains for a second straight day, inspired by Wall Street’s rally and the government’s improved fiscal outlook, dealers said.

They said it was positive that after a volatile week, the market had recovered much of the ground lost on concerns about the prospects of higher US interest rates and lower growth.

The composite index rose 39.67 points to 2,121.47, after trading between 2,081.80 and 2,153.11. Volume was P1.35.

The broader all-shares index rose 18 points to 1,343.26.
[DatePublished] => 2006-06-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 282832 [Title] => 91-day T-bills inch up to 5.883% [Summary] => Treasury officials rejected the bids for the one-year Treasury bills for two auctions in a row yesterday, allowing slight increases only in the benchmark 91-day and 182-day Treasury bills (T-bills).

The average interest rate on the 91-day T-bills went up by 9.9 basis points to 5.883 percent but the market was noticeably thin as banks opted to take a cautious position in the wake of ongoing political controversies.
[DatePublished] => 2005-06-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 282634 [Title] => Worries over political issues overblown — financial analysts [Summary] => While markets are bound to weaken further in the next few weeks, financial analysts said worries over political instability may be overblown and that investors are likely to regain the momentum set early in the year.

Over the last few months, the currency, the stock and the bond markets have been picking up strength on the back of fiscal reforms in the Arroyo administration and analysts said this has created a real opportunity for sustainable fiscal turn-around.
[DatePublished] => 2005-06-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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