ABS-CBN News Online Beta
Business
Andrew Tan-led holding firm reports higher earnings
MANILA - Alliance Global Group Inc., the holding firm of tycoon Andrew Tan, reported a 16% jump in earnings for the first 9 months of the year owing to the improved performance of its business units.
abs-cbnNEWS.com 11/20/2009 4:23 PM
RP GDP growth slowed to 1.3% in Q3: poll
MANILA - Economic growth in the Philippines likely slowed in the third quarter from the previous 3 months as manufacturers carefully rebuilt their inventories amid a cautious outlook on the global economy, a Reuters poll showed.
Reuters 11/20/2009 3:45 PM
eBay completes Skype sale
WASHINGTON - Online auction giant eBay announced Thursday it had completed its sale of Skype to an investment group that includes the 2 founders of the Web communications company.
Agence France-Presse 11/20/2009 1:53 PM
RP shares close 0.47% lower
MANILA - Philippine share prices closed 0.47% lower Friday as investors took profits after a retreat on Wall Street, dealers said.
Agence France-Presse 11/20/2009 1:45 PM
Megaworld lists P5-B bonds in PDEX
MANILA - Megaworld Corp. announced Friday that its fixed-rate bonds will be traded in the Philippine Dealing and Exchange Corp. (PDEX) starting Wednesday, November 25.
abs-cbnNEWS.com 11/20/2009 12:21 PM
Asia's airlines stem decline: aviation body
SINGAPORE - Asia's airline industry is beginning to pull out of a severe slump sparked by the global recession with signs that passenger numbers have started to recover, a regional body said Friday.
Agence France-Presse 11/20/2009 12:15 PM
Euro extends slide in Asia on economic jitters
TOKYO - The euro continued its slide in Asian trade on Friday as investors shunned assets viewed as risky following falls on world stock markets triggered by fresh worries about the economic outlook.
Agence France-Presse 11/20/2009 11:28 AM
Oil prices up in Asian trade but still below $78
SINGAPORE - Oil rose in Asian trade Friday as investors bought the commodity at more attractive prices, but concerns over the strength of the global economic recovery has injected caution into the market.
Agence France-Presse 11/20/2009 11:26 AM