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ARTICLE FINDER

Stock markets retreat as nervous investors pocket week's gains

Mar 28, 2020 - 7:30 AM

The sell-off on Friday, March 27, 'is most probably a consequence of 3 days of strong gains and a paring of risk ahead of the weekend,' says analyst Michael Hewson

Pedestrians wearing face masks walk past a quotation board displaying the share price numbers on the Tokyo Stock Exchange in Tokyo on March 27, 2020. - Tokyo stocks opened more than three percent higher on March 27, tracking rallies on Wall Street on a massive US economic relief package. (Photo by Kazuhiro NOGI / AFP)

Stocks brush aside record U.S. unemployment surge

Mar 27, 2020 - 7:15 AM

Investors welcome the United States' proposed $2-trillion stimulus package and the G20's pledge on Thursday, March 26, to inject $5 trillion into the global economy

Pedestrians walk in front of a quotation board displaying stock prices on the Tokyo Stock Exchange in Tokyo on March 26, 2020. - Tokyo's key Nikkei index opened down more than three percent on March 26 on profit-taking after surging in recent sessions, although US stimulus plans offset worries over the COVID-19 coronavirus pandemic. (Photo by Kazuhiro NOGI / AFP)

Stocks rally advances on German, U.S. stimulus plans

Mar 26, 2020 - 7:30 AM

The United States' $2-trillion bill and Germany's 1.1-trillion-euro rescue package to combat the coronavirus pandemic lift markets on Wednesday, March 25

The wall Street street sign is seen on March 23, 2020 in New York City. - Wall Street fell early March 23, 2020 as Congress wrangled over a massive stimulus package while the Federal Reserve unveiled new emergency programs to boost the economy including with unlimited bond buying. About 45 minutes into trading, the Dow Jones Industrial Average was down 0.6 percent at 19,053.17, and the broad-based S&P 500 also fell 0.6 percent to 2,290.31 after regaining some ground lost just after the open. (Photo by Angela Weiss / AFP)

U.S. urges Saudi Arabia to 'reassure' oil and financial markets

Mar 25, 2020 - 11:00 PM

'We agreed all countries need to work together to contain the pandemic and stabilize energy markets,' says US Secretary of State Mike Pompeo

DE FACTO LEADER. Saudi Arabia's Crown Prince Mohammed bin Salman attends a signing ceremony following a meeting of Russian President Vladimir Putin with Saudi Arabia's King Salman in Riyadh on October 14, 2019. File photo by Alexey Nikolsky/Sputnik/AFP

Wall Street leads global markets surge on U.S. stimulus hopes

Mar 25, 2020 - 7:00 AM

The Dow surges 11.4% on Tuesday, March 24, its biggest one-day percentage increase since 1933

A display showing the German share index Stock Market Index DAX is pictured at the stock exchange in Frankfurt, Germany, on March 24, 2019. - The German Stock Exchange in Frankfurt rebounded strongly on March 24, with the Dax gaining 10.98% at closing in a market reacting to the extent of monetary support from central banks and state budgets, in the fight against the economic damage caused by the COV-19 coronavirus pandemic. (Photo by Daniel ROLAND / AFP)

World stocks drop again on mounting economic toll from virus

Mar 24, 2020 - 7:00 AM

Markets continue to plummet on Monday, March 23, moving inversely to the mounting number of coronavirus cases globally

The Fearless Girl statue stands in front of the New York Stock Exchange near Wall Street on March 23, 2020 in New York City. - Wall Street fell early March 23, 2020 as Congress wrangled over a massive stimulus package while the Federal Reserve unveiled new emergency programs to boost the economy including with unlimited bond buying. About 45 minutes into trading, the Dow Jones Industrial Average was down 0.6 percent at 19,053.17, and the broad-based S&P 500 also fell 0.6 percent to 2,290.31 after regaining some ground lost just after the open. (Photo by Angela Weiss / AFP)

Stock markets rise on huge economic support plans

Mar 20, 2020 - 11:55 PM

While investors react positively to actions taken by governments and central banks, an analyst warns that 'we could not be in a more uncertain time'

A woman walks past the New York Stock Exchange (NYSE) on March 19, 2020 at Wall Street in New York City. - Wall Street stocks fell again early Thursday as central banks unveiled new stimulus measures and US jobless claims showed an initial hit from the slowdown generated by the coronavirus outbreak. (Photo by Johannes EISELE / AFP)

Stocks rise as governments ramp up efforts vs coronavirus

Mar 20, 2020 - 7:00 AM

Many analysts expect markets to remain highly volatile and under pressure until health authorities get a better grasp of the scale of the coronavirus pandemic

Traders work during the opening bell at the New York Stock Exchange (NYSE) on March 19, 2020, at Wall Street in New York City. - Wall Street stocks fell again early Thursday as central banks unveiled new stimulus measures and US jobless claims showed an initial hit from the slowdown generated by the coronavirus outbreak. (Photo by Johannes EISELE / AFP)

Coronavirus wipes out P1.16 trillion in Philippine stock market

Mar 19, 2020 - 4:10 PM

Year-to-date, the Philippine Stock Exchange index is already down by almost 41%

Philippine stocks plunge nearly 25% after virus trading halt

Mar 19, 2020 - 11:45 AM

The Philippine Stock Exchange index suffers a record fall as trade resumes on Thursday, March 19

World markets tumble as recession fears eclipse stimulus

Mar 18, 2020 - 11:40 PM

(UPDATED) Most market commentators agree that the virus-wracked world economy will likely plunge into recession

Traders work on the floor at the opening bell of the Dow Industrial Average at the New York Stock Exchange on March 18, 2020 in New York. - Wall Street stocks resumed their downward slide early Wednesday as the economic toll mounts from the rapid near-shutdown of key industrial and services sectors.About 15 minutes into trading, the Dow Jones Industrial Average stood at 20,040.66, down around 1,200 points or 5.6 percent. (Photo by Bryan R. Smith / AFP)

Philippine bond, forex markets reopen March 18, PSE on March 19

Mar 18, 2020 - 10:35 AM

Capital markets are reopening in the Philippines after agencies assured authorities of the safety of employees

Stocks rebound as U.S. makes economic moves against virus

Mar 18, 2020 - 7:00 AM

A day after shedding almost 3,000 points, the Dow finishes up 5.2% or around 1,050 points on Tuesday, March 17

NEW YORK, NEW YORK - MARCH 17: People walk in front of the New York Stock Exchange (NYSE) on March 17, 2020 in New York City. The markets have trended upward a day after the Dow Jones Industrial Average suffered its worse single-day loss ever on COVID-19 fears. Spencer Platt/Getty Images/AFP

Philippines suspends stock market trade over virus fears

Mar 17, 2020 - 12:15 PM

Trading at the Philippine Stock Exchange is suspended starting Tuesday, March 17, 'until further notice'

Markets plunge as intervention fails to ease virus panic

Mar 16, 2020 - 11:55 PM

(UPDATED) Central banks around the world unveil measures to cushion the economic blow of the coronavirus, but equity markets still plunge on Monday, March 16

Traders work during the opening bell at the New York Stock Exchange (NYSE) on March 16, 2020 at Wall Street in New York City. - Trading on Wall Street was halted immediately after the opening bell Monday, as stocks posted steep losses following emergency moves by the Federal Reserve to try to avert a recession due to the coronavirus pandemic.Just after the opening bell, the S&P 500 was at 2,490.47, a drop of 8.1 percent and beyond the seven percent loss that automatically triggers a 15-minute trading halt. (Photo by Johannes EISELE / AFP)

Coronavirus pushes Philippine shares deeper into bear territory

Mar 16, 2020 - 3:45 PM

The Philippine Stock Exchange index falls by 7.9% on Monday, March 16, as Metro Manila businesses shut down

PSE shortens trading hours as Metro Manila goes on lockdown

Mar 15, 2020 - 8:45 PM

The Philippine Stock Exchange will close at 1 pm instead of 3:30 pm as the government tries to contain the novel coronavirus

Late surge lifts Wall Street stocks as coronavirus hits economy

Mar 14, 2020 - 7:30 AM

The furious rally at the end shows volatility remains elevated in markets, a trend also apparent in Europe, which is now the epicenter of the coronavirus pandemic

Traders work during the opening bell at the New York Stock Exchange (NYSE) on March 13, 2020 at Wall Street in New York City. (Photo by Johannes EISELE / AFP)

Wild ride: PSEi gains 1% as coronavirus ramps up volatility

Mar 13, 2020 - 6:53 PM

Before climbing back in the green, the PSEi slipped by 10% and triggered another circuit breaker

Global stocks suffer historic rout, shrugging off central bank steps

Mar 13, 2020 - 7:55 AM

The Dow suffers its worst session since 1987 on Thursday, March 12

The closing numbers are displayed after the closing bell of the Dow Industrial Average at the New York Stock Exchange on March 12, 2020 in New York. - The Dow suffered its worst session since 1987 on March 12, 2020, plunging 10 percent as emergency measures by central banks failed to douse mounting recession fears due to the coronavirus. The Dow Jones Industrial Average finished down around 2,350 points, or 10 percent, at 21,200.62. (Photo by Bryan R. Smith / AFP)

Coronavirus meltdown: Circuit breaker triggered as PSEi falls 10%

Mar 12, 2020 - 5:15 PM

(UPDATED) The last time the circuit breaker or 15-minute trading suspension was triggered was during the 2008 global financial crisis


Coronavirus jitters send PSEi flirting with 5,900

Mar 12, 2020 - 12:12 PM

The Philippine Stock Exchange index falls to a new 52-week low of 5,906 on Thursday morning, March 12


Dow in bear market as global rout deepens on coronavirus fears

Mar 12, 2020 - 7:00 AM

The Dow suffers yet another brutal daily drop that leaves the index more than 20% below its peak, making it a bear market

NEW YORK, NY - MARCH 11: A board on the floor of the New York Stock Exchange (NYSE) on the floor of the New York Stock Exchange (NYSE) on March 11, 2020 in New York City. The Dow plunged more than 1400 points as Coronavirus cases rose around the world. Jeenah Moon/Getty Images/AFP

World's 500 richest people lose $238.5 billion on 'Black Monday'

Mar 11, 2020 - 5:00 PM

The global market plunge on Monday, March 9, erases $5.8 billion from the net worth of Asia's richest person, Indian magnate Mukesh Ambani, who is now overtaken by Chinese tycoon Jack Ma

(FILES) In this file photo taken on September 27, 2017 Mukesh Ambani, chairman of Reliance Industries, delivers his speech during the inauguration of the India Mobile Congress in New Delhi. - The global slump in equities because of the coronavirus has lost India's Mukesh Ambani his crown as Asia's richest person to Jack Ma of China, according to the Bloomberg Billionaires Index. All told, the world's 500 richest people lost $238.5 billion on March 9, 2020, according to Bloomberg, the biggest daily plunge since the index began tracking them in October 2016. (Photo by Prakash SINGH / AFP)

U.S. stocks rise after volatile session as oil prices bounce

Mar 11, 2020 - 6:30 AM

The Dow closes higher on Tuesday, March 10, as the Trump administration promises aid to ease the economic impact of the novel coronavirus

Traders work on the floor of the New York Stock Exchange during the opening bell on March 10, 2020 in New York. - Wall Street stocks bounced early Tuesday, recovering some of the losses from the prior session's rout, in anticipation of stimulus measures to address the economic hit from coronavirus. About 15 minutes into trading, the Dow Jones Industrial Average stood at 24,484.20, up 2.7 percent or around 630 points. The index lost more than 2,000 points on Monday in its worst session since 2008. (Photo by TIMOTHY A. CLARY / AFP)

Oil crash sparks 'Black Monday' meltdown on virus-hit markets

Mar 10, 2020 - 2:45 AM

(UPDATED) 'The markets have passed from panic mode into pure hysteria,' says Ayush Ansal, chief investment officer at trading firm Crimson Black Capital

Meric Greenbaum, Designated Market Maker IMC financial looks up at the board before the opening bell right before trading halted on the New York Stock Exchange on March 9, 2020 in New York. - Trading on Wall Street was temporarily halted early March 9, 2020 as US stocks joined a global rout on crashing oil prices and mounting worries over the coronavirus.The suspension was triggered after the S&P 500's losses hit seven percent. Near 1340 GMT, the broad-based index was down more than 200 points at 2,764.21. (Photo by TIMOTHY A. CLARY / AFP)

Philippine stocks suffer worst nosedive since global financial crisis

Mar 09, 2020 - 5:45 PM

The novel coronavirus sends the Philippine Stock Exchange index to its worst decline in 12 years


Gulf shares slump after OPEC fails to agree on virus action plan

Mar 08, 2020 - 11:55 PM

All the 7 bourses in the Gulf close in the red on Sunday, March 8, amid a panic sell-off over fears that energy prices could collapse

A picture taken with a fisheye lense shows traders walking by beneath a stock display board at the Dubai Stock Exchange in the United Arab Emirates, on March 8, 2020. - Saudi's stock exchange fell 6.5 percent and other Gulf markets tumbled to multi-year lows at the start of trading after OPEC and its allies failed to clinch a deal over oil production cuts. (Photo by GIUSEPPE CACACE / AFP)

Solid U.S. economy bracing for coronavirus infection

Mar 07, 2020 - 12:40 PM

The White House downplays the impact of the novel coronavirus, but private economists warn real-time gauges of economic activity already show the spreading alarm

US President Donald Trump holds up an USD 8 billion emergency funding bill to combat COVID-19, coronavirus, after signing it in the Diplomatic Room of the White House in Washington, DC on March 6, 2020. (Photo by MANDEL NGAN / AFP)

Global markets extend slump as coronavirus crisis deepens

Mar 07, 2020 - 12:02 AM

(UPDATED) 'Stocks are on the back foot once again, with markets tumbling amid continued growth in the coronavirus crisis,' says analyst Joshua Mahony

SLUMP. Pedestrians walk past a quotation board displaying the share price closing numbers of the Tokyo Stock Exchange in Tokyo on March 6, 2020. Photo by Kazuhiro Nogi/AFP

European, U.S. stocks resume slide as virus spreads, oil also drops

Mar 06, 2020 - 8:55 AM

'On a week that has seen extraordinary action taken to stem the flow of pessimism, we are yet again heading towards the weekend surrounded by a sea of red,' says market analyst Joshua Mahony

NEW YORK, NY - MARCH 05: Traders work the floor of the New York Stock Exchange (NYSE) on March 5, 2020 in New York City. Coronavirus fears have whipsawed markets recently, with the Dow Jones Industrial Average ending today down more than 950 points, or nearly 3.6 percent. David Dee Delgado/Getty Images/AFP

Wall Street's wild ride continues as Biden wins boost Dow

Mar 05, 2020 - 9:45 AM

The Super Tuesday contests establish former United States vice president Joe Biden as a major rival to leftist Bernie Sanders, who has worried investors

NEW YORK, NY - MARCH 04: Traders work the floor of the New York Stock Exchange (NYSE) on March 4, 2020 in New York City. The news of Democratic presidential candidate, former Vice President Joe Biden's delegate lead after the Super Tuesday primaries helped the market rebound and close at over 1,100 points. David Dee Delgado/Getty Images/AFP

U.S. stocks resume downward trend amid skepticism of Fed rate cut

Mar 04, 2020 - 8:30 AM

'While the Fed may have hoped that easing early and aggressively would reassure investors, it did the complete opposite,' says Kathy Lien of BK Asset Management

A trader works during the closing bell at the New York Stock Exchange (NYSE) on March 3, 2020 on Wall Street in New York City. - Stock markets were higher on March 3 but well below their peaks for the day as traders shrugged off a surprise US rate cut aimed at shielding the economy from the impact of the spreading coronavirus. (Photo by Johannes EISELE / AFP)

Stock markets see wild price swings, Wall Street stages comeback

Mar 02, 2020 - 11:55 PM

(UPDATED) Analysts warn of further turmoil on trading floors as governments struggle to contain the novel coronavirus

NEW YORK, NEW YORK - MARCH 02: Traders work on the floor of the New York Stock Exchange (NYSE) on March 02, 2020 in New York City. Stocks were up slightly in morning trading following a week that saw a massive sell off due to fears over the Coronavirus. Spencer Platt/Getty Images/AFP

OECD warns of severe economic hit from virus outbreak

Mar 02, 2020 - 9:00 PM

'Output contractions in China are being felt around the world,' says the 36-member OECD, also warning that the novel coronavirus 'would weaken prospects considerably' if it is prolonged

People wait in line to buy face masks from a department store in Seoul on February 28, 2020. - K-pop megastars BTS on February 28 cancelled four concerts they were due to hold in Seoul in April, their agency said, as the coronavirus outbreak spreads in South Korea. The country has so far confirmed more than 2,000 cases of the novel coronavirus, by far the largest national total outside China, the origin of the disease. (Photo by - / YONHAP / AFP) / - South Korea OUT / REPUBLIC OF KOREA OUT NO ARCHIVES RESTRICTED TO SUBSCRIPTION USE

PSEi falls to 6,700

Mar 02, 2020 - 7:05 PM

Investors start March with more profit taking, as the novel coronavirus continues to hurt the global economy

Gulf bourses dive as coronavirus hits oil price

Mar 01, 2020 - 10:15 PM

(3rd UPDATE) The Gulf region's stock markets are badly hit on Sunday, March 1, with oil prices sagging below $50 a barrel amid novel coronavirus fears

A Kuwaiti trader wearing a protective mask follows the market at the Boursa Kuwait stock exchange in Kuwait City on March 1, 2020. - Boursa Kuwait decided to close the main trading hall due to the COVID-19 coronavirus disease developments. Stock markets in the oil-rich Gulf states plunged on March 1 over fears of the impact of the coronavirus, which also battered global bourses last week. All of the seven exchanges in the Gulf Cooperation Council (GCC), which were closed the previous two days for the Muslim weekend, were hit as oil prices dropped below $50 a barrel. The region's slide was led by Kuwait Boursa, where the All-Share Index fell 10 percent, triggering its closure. Kuwait's bourse was closed for most of last week for national holidays. (Photo by YASSER AL-ZAYYAT / AFP)

Blip or bust: Coronavirus economic impact still in doubt

Mar 01, 2020 - 8:45 PM

Could things get worse for the economy?

A man wearing a protective facemask as a preventive measure against the COVID-19 coronavirus walks at a nearly empty shopping mall in Beijing on February 27, 2020. - The novel coronavirus has spread to more than 25 countries since it emerged in December and is causing mounting alarm due to new outbreaks in Europe, the Middle East and Asia. (Photo by NICOLAS ASFOURI / AFP)

Stock markets suffer worst week since 2008 financial crisis

Feb 29, 2020 - 8:45 AM

'The panic mode is full-on,' says analyst Ipek Ozkardeskaya

NEW YORK, NY - FEBRUARY 28: Screens tracking share prices are filled with red at the New york Stock Exchange on February 28, 2020 in New York City. Markets continued their downward plunge Friday as continuing fears of a Coronavirus pandemic prompted a sell-off, making for the worst week on Wall Street since 2008. Scott Heins/Getty Images/AFP

Mixed day for global stocks as coronavirus continues to spread

Feb 26, 2020 - 11:40 PM

(UPDATED) 'We don't know what stage of this we're in and we don't know how much economic damage will be done,' says analyst Art Hogan

A pedestrian walks past an electronic quotation board displaying share prices of the Nikkei 225 Index (R, top) and other Asian stock markets in Tokyo on February 26, 2020. - Tokyo stocks opened lower on February 26 extending losses on Wall Street, as the coronavirus continued to spread and public officials warned of the increasing likelihood of a pandemic. (Photo by Kazuhiro NOGI / AFP)

Hong Kong stock exchange enjoys upbeat 2019 despite protests

Feb 26, 2020 - 8:40 PM

Despite a drop in trading, Hong Kong Exchanges and Clearing posts an increase in net income in 2019

STOCKS DOWN. (L-R) The flags of the Hong Kong Stock Exchange, China, and Hong Kong are seen flapping in the wind on May 6, 2019. File photo by Anthony Wallace/AFP

PSEi bleeds to 6,900 as coronavirus continues to spread

Feb 26, 2020 - 5:45 PM

(UPDATED) The local bourse plummets to its lowest level in over a year. Philippine companies with operations in China take a beating.

ABS-CBN shares surge over 20% as Senate sets franchise hearing

Feb 20, 2020 - 7:30 PM

Shares of ABS-CBN climb to the P21 level on Thursday, February 20, though still very far from the P60 level before the term of President Rodrigo Duterte began in 2016

Saudi Aramco shares shed post-IPO gains as oil dives

Feb 19, 2020 - 3:40 PM

The share price of Saudi Aramco – the world's largest company – posts gradual declines as oil prices go down

SURGING SHARES. A Saudi broker monitors the stock market at the Arab National Bank in the Saudi capital Riyadh on December 11, 2019. Photo by Fayez Nureldine/AFP

Horror crash mars end of Daytona 500

Feb 18, 2020 - 1:19 PM

The crash leaves veteran driver Ryan Newman seriously injured and hospitalized

UNFORTUNATE. Celebrations in the Daytona 500 are muted by a last-lap crash that left Ryan Newman hospitalized. Photo by Mike Ehrmann/Getty Images/AFP



Manila Water plans to raise P9 billion via share sale

Jan 31, 2020 - 4:59 PM

As government reviews its water contract, the embattled Ayala-led company decides to raise additional capital and funding so it could 'take decisive actions as needed'

Novel coronavirus scare downs Philippine shares, peso

Jan 30, 2020 - 5:40 PM

The Philippine Stock Exchange index falls to a new one-year low, as businesses around the globe brace for the impact of the novel coronavirus


Malacañang’s rants send Ayala Land shares falling by 7%

Jan 20, 2020 - 7:05 PM

(UPDATED) The Ayala group faces more contract reviews by the Duterte administration, leading jittery investors to dump stocks on Monday, January 20

Oil spikes, stocks plunge after Iran attacks

Jan 08, 2020 - 9:29 AM

'It's not going to be pretty today,' says one trader, reacting to the initial reports of Iran's first response to the US assassination of military commander Qasem Soleimani

A gasoline attendant fills up a car with gas at a gasoline station in Quezon City on Tuesday, April 16, 2019. Photo by Darren Langit/Rappler

SEC approves short selling guidelines

Jan 02, 2020 - 6:45 PM

The guidelines approved by the Securities and Exchange Commission limit short sale transactions to companies comprising the PSEi