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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


Associated Press lays off 90 to reach payroll reduction target

WASHINGTON - The Associated Press (AP) said Thursday that 90 news department staffers were laid off this week in a move that helped the US news agency reach its cost-cutting target.

Agence France-Presse 11/20/2009 10:50 AM


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