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Business Nightly - Apr 18, 2018

Business Nightly - Apr 18, 2018

U.S. stocks rally on continued earnings optimism. Philipine shares come off near one-year lows. "Dissecting Data" presents the correlation of the PSEi and the peso. Two universities in Visayas make the cut for being employers' go-to institutions for new hires. "Outside Looking In" discusses the impact of ending illegal contractualization on foreign firms in the Philippines employing Filipino workers.

Date
Apr 18, 2018
About The Show
Business Nightly is the ABS-CBN News Channel's main business news platform. Anchored by ANC's Business News Head Coco Alcuaz, it carries stories on the economy, the stock market, the top companies in the Philippines, personal finance and global business. It also carries interviews with the movers and shakers of the Philippine business community. Business Nightly airs weeknights, from 9:00pm to 9:30pm.
Genre
News, Current Affairs
Views
201

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Business Nightly - Apr 18, 2018

U.S. stocks rally on continued earnings optimism. Philipine shares come off near one-year lows. "Dissecting Data" presents the correlation of the PSEi and the peso. Two universities in Visayas make the cut for being employers' go-to institutions for new hires. "Outside Looking In" discusses the impact of ending illegal contractualization on foreign firms in the Philippines employing Filipino workers.

Business Nightly - Apr 17, 2018

The IMF sees a weaker global economy beyond 2020, but lifts its U.S. growth estimate. U.S. stocks extend gains on earning optimism over the shadow of geopolitical risks. The PSEi slumps to a near one-year low, becoming one of the world’s worst performers. Labor groups are set to stage a massive protest on Labor Day to demand the government to sign an executive order (EO) against illegal contractualization.

Business Nightly - Apr 16, 2018

Risk appetites hold firm as traders expect limited impact from the U.S.-led military action on Syria. Investors await for the release of China's first quarter GDP results tomorrow. The World Bank warns the Philippine economy runs the risks of overheating. OFW remittances rise in February.

Business Nightly - Apr 13, 2018

U.S. stocks extend gains after U.S. Pres. Donald Trump said that the planned tariff against China may not happen. ECCP president Guenter Taus warns that a potential U.S.-China trade war would harm the Philippine economy. The Duterte administration plans to transform Clark, Pampanga into the country's next big metropolis. Jollibee Foods Corp. CEO Ernesto Tanmantiong vows support for the government's promise to end contractualization. The PSEi falls back to the 7,800 level due to valuations.

Business Nightly - Apr 12, 2018

U.S. stocks recover as Middle East tensions ease. Hearst takes full control of the Fitch Group after buying an additional 20-percent stake for $2.8 billion. Pres. Rodrigo Duterte formally apologizes to Hong Kong for the 2010 hostage crisis in Manila that left eight Chinese tourists dead. Automobile sales drop in March as higher duties keep buyers away from purchasing new cars.

Business Nightly - Apr 11, 2018

The Philippines and China agree to draw up a framework for a joint exploration in the South China Sea during Pres. Rodrigo Duterte's visit to Hong Kong. The Philippine trade deficit reaches $3.06 billion in February. The Asian Development Bank says the Philippines is entering the "golden age of economic growth." U.S. stocks drop on rising U.S.-Russia tensions. Philjets founder and CEO Thierry Tea learns to fly a helicopter in the Philippines.

Business Nightly - Apr 10, 2018

U.S. stocks extend gains as the U.S-China trade standoff eases. Pres. Rodrigo Duterte is on route to Hong Kong following his attendance at the 2018 Boao Forum for Asia in Hainan, China. Investments made by foreign companies or individuals in the Philippines soar in the first month of the year amid upbeat sentiments.

Business Nightly - Apr 9, 2018

U.S. stocks make a comeback as risk appetites recover from trade worries. Philippine markets play catch as they reopen tomorrow. Pres. Rodrigo Duterte arrives in Hainan, China to attend the Boao Forum for Asia. Oil prices are set to roll back this week starting tomorrow. Russian stocks drop the most in four years following the U.S.'s fresh sanctions.

Business Nightly - Apr 6, 2018

U.S. jobs data suffers a blow. Wall Street as well as European markets trade lower due to continued trade tensions between the U.S. and China. Philippine foreign reserves drop in March. Singapore and Gokongwei look into joint investments in the Philippines' growing aviation industry.

Business Nightly - Apr 5, 2018

America’s trade gap widens a six-month to a nine-year high ahead of U.S. Pres. Donald Trump’s tariffs, as investors await the U.S. jobs data that will be out tomorrow. Philippine inflation picks up pace faster than the BSP’s forecast. The e-commerce industry in the Philippines grows very fast with 67 million internet users.
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