Due to high unemployment rates, the Philippines Stock Exchange Index fell 4.6 percent, its biggest loss since September 2011.
Investors
Europeean bonds slip due to BOJ
The Bank of Japan's decision to remain unchanged in its monetary policies resulted in the falling of European government bonds and the increase of borrowing costs for all European sovereigns.
UK gilts rise, demand for benchmark security fall
UK government bonds fell which raised 10 year yields to three year high level. (Photo : )People walking Government bonds from the United Kingdom continue to fall, pushing 10-year yields to its highest point in three years.
Lightspeed Leads Series B for Kenandy Inc.
Lightspeed Venture Partners leads the Kenandy Inc Series B financing. (Photo : Reuters)The image is the corporate logo of Lightspeed Venture Partners. The market leader in SaaS-based ERP solutions, Kenandy Inc.
SoftBank Corp. raises offer to counter DISH bid on Sprint Nextel
SoftBank raised offer to acquire Sprint Nextel in an effort to expand the company's market outside Japan.
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Japan's central bank holds back on new measures to calm turbulent markets. (Photo : REUTERS) Central bankers considered the idea to extend the maximum duration of cheap, fixed-rate funds offered via market operations from one year to two years.
David Murdock offered its shareholders $12 per share in cash to buy shares of the company out of his or his family's ownership.
Hyundai Rotem IPO is now official. KOSPI gives the go signal for Hyundai Rotem Co's IPO. This forecasts high gains for its majority holders Hyundai Motor and Morgan Stanley.
European stocks fell as the German court began hearings on ECB's bond-buying proposal. Due to Bank of Japan's (BOJ) refusal to undertake programs for stimulus expansion, stocks from Europe fell.
BOJ's remained static on the issue regarding expanding the monetary stimulus, dissappointing foreign investors leading to a global fall of stocks, bonds, and commodities.
Indonesian stocks fall to a four-month low after the rupiah suffers a setback, falling to its lowest level in three years.
Given provisional approval, Britvic reconsiders its merger with AG Barr after significant synergies could have been generated if the previous merger between the two pushed through.
The Australian dollar fell to a three-year low due to the country's slow approval rates on home-loans.
SoftBank Corp. drove the growth of stocks in Asia led by Japan's gradual rise. (Photo : Reuters )Asian stocks declined and the euro plummeted to a three-week low against the dollar as fears of renewed recession in the United States forced investors to sell riskier assets.
