Tanking Alibaba drags Hong Kong as markets rally fades
Asian stocks fell Friday as a rally fuelled by the likely end of US interest rate hikes ran out of puff, while Alibaba dragged Hong Kong down after saying it…
· 3 min read
Daily TribuneTopic
Asian stocks fell Friday as a rally fuelled by the likely end of US interest rate hikes ran out of puff, while Alibaba dragged Hong Kong down after saying it…
· 3 min read
Stock markets rose for a second day Wednesday after slowing US inflation and retail sales raised hopes of a soft landing for the American economy.
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Equities surged Wednesday and the dollar struggled after slower-than-forecast US inflation was seen as all but putting to bed any chance of another interest…
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The Philippines' economy grew faster than expected in the third quarter, official data showed Thursday, but the government warned inflation remained a…
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The country's economy grew faster than expected in the third quarter due to better public spending amid a high inflation rate, the Philippine Statistics…
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South Korean stocks surged Monday after authorities imposed an eight-month ban on short selling, with officials citing "illegal shorting practices"…
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Equities extended a global rally Friday as investors were caught up in a wave of optimism that the Federal Reserve has finished its cycle of interest rate…
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China's economy is expected to have seen moderate growth in the third quarter, according to an AFP survey ahead of data this week, while experts warn that…
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Asian finance hub Hong Kong halted trading at its stock exchange on Monday and closed schools after Typhoon Koinu generated torrential rainfall overnight.
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Asian stocks sank Thursday and the dollar advanced after the Federal Reserve indicated it could hike interest rates again this year and keep them elevated…
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Global stock markets rose while the Euro slid on Thursday after the European Central Bank (ECB) signaled its latest interest rate hike could be its last.
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Oil prices jumped Tuesday after Russia and Saudi Arabia extended cuts to supplies, while stocks slid on worries this could fuel inflation and hobble growth.
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Hiring in the United States logged a surprise jump last month, government data showed on Friday, while unemployment rose to the highest level since early 2022.
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The World Bank on Tuesday slashed its China growth forecast for the year as the pandemic and weaknesses in the property sector hit the world's second largest…
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The Philippine Peso on Friday, 2 December, closed the day at P55.74 versus the US Dollar.
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The Bureau of Treasury has once again recognized Security Bank as a Market Maker for 2023 under the enhanced Government Securities Eligible Dealers program.…
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Elon Musk said Thursday many previously suspended Twitter accounts would be allowed back on the platform after a landslide of users responding to an informal…
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As Filipino consumers "cry" over the skyrocketing price of onions, P255,000 worth of the vegetable, a household staple, were confiscated in public…
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