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Thursday, June 29, 2017
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Duterte gets pledge from AirAsia CEO Tony Fernandes to beef up...

President Rodrigo got a pledge from AirAsia CEO Tony Fernandes to expand operations in the Philippines in a show of faith and trust in...

Philippine central bank keeps policy rate unchanged, as expected

The Philippine central bank left its key overnight borrowing rate steady at 3.0 percent on Thursday, as expected, with inflation seen within its target...

Oil rises on prospect that output cut could extend beyond 2017

Oil prices rose on Monday as Saudi Arabia's energy minister said an OPEC-led production cut scheduled to end in June would likely be extended...

Banks, oil stocks weigh on Wall St., keep Dow from 20,000

The Dow Jones Industrial Average declined on Monday, retreating from the historic 20,000 mark, weighed down by banks and energy companies, while a gain...

Bitcoin extends losses, slides another 12 percent on China warning

Bitcoin plunged another 12 percent on Friday after China's central bank urged investors to take a rational approach to the digital currency, which has...

Dollar retreats from 14-year high, Swedish crown has best day in...

The dollar took a breather on Wednesday after reaching a 14-year high the previous day, while the Swedish crown chalked up its biggest rise...

‘Trumpflation’ trade keeps dollar near 14-year highs

The dollar steadied close to its highest levels in 14 years on Monday, underpinned by expectations that a fiscal expansion planned by U.S. President-elect...

World stocks hold near 16-month highs after strong week

World stocks were set for a weekly gain and held near 16-month highs on Friday, while the euro steadied after swings following the European...

Oil up in choppy trade as OPEC makes last-ditch bid to...

Oil prices gained more than 2 percent on Monday in volatile trading after falling as much as 2 percent, recouping losses as the market...

U.S. opens door to oil exports after year of pressure

The Obama administration on Tuesday bowed to months of growing pressure over a 40-year-old ban on exports of most domestic crude, taking two steps...

Volkswagen to cut 30,000 jobs at VW brand by 2020

Volkswagen (VOWG_p.DE) and its powerful labor unions agreed to cut 30,000 jobs at the core VW brand in exchange for avoiding forced redundancies in...

Dollar charges to 14-year high, bonds in full swing

The dollar scaled to its highest level in almost 14 years against a basket of currencies on Friday, while U.S. bond yields were set...

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