Net foreign purchases of Philippine shares jumped to $1.1 billion in January-to-March, the highest for any quarter in almost three years and more than twice the net volume of funds flowing into Southeast Asia's biggest economy Indonesia.
Tags: Europe
Ford first-quarter profit misses expectations, 2015 profit outlook affirmed
Ford Motor Co (F.N) reported a first-quarter profit that was less than analysts expected, selling fewer vehicles in North America as it worked to increase production of the redesigned F-150 pickup truck, and losing money in South America.
KickassTorrents Back Online After Somalia, Redirected to Kat.cr After Seizure: Sweden Cracks Down On Own Internet Domain Registry
KickassTorrents domain name was removed within 24 hours by the IM Domain Registry. KAT then directed users to a “Kat.cr” domain, and reopened their previous site. Besides the Isle of Man, Sweden is also looking to cancel The Pirate Bay domain names.
Greece not playing a game of chicken on debt - Kotzias
Greek Foreign Minister Nikos Kotzias said on Friday he respects Germany just not German politics, nor the way Berlin views Greece's economy, which faces the prospect of running out of money if it cannot agree to new bailout terms with creditors.
Asian central banks to ease further, but effects may be muted: Reuters poll
Emerging Asian central banks are expected to cut interest rates again in the coming months, but economists polled by Reuters are doubtful the moves will significantly boost growth or inflation.
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Russian President Vladimir Putin on Monday paved the way for long-overdue missile system deliveries to Iran and Moscow started an oil-for-goods swap with Tehran, showing the Kremlin's determination to boost economic ties with the Islamic Republic.
World oil markets will not see a significant rise in Iranian supplies for up to five years even if the OPEC member and world powers clinch a final nuclear deal by end-June, Fatih Birol chief economist and future head of International Energy Agency (IEA) said.
Investors will cast a wary eye on the latest gauges of the United States' economic health this week, while troubled Europe shows early signs of turning the corner.
The United States expects the trade promotion authority (TPA) legislation, which is seen as an important step to speed free trade deals, will be passed by the Congress over the next month, a U.S. official said on Wednesday.
Greece sent an updated list of reforms to lenders on Wednesday to try to unlock financial aid and avoid a default but euro zone officials said more work was needed before new funds could be released.
Bethesda has released “The Assignment” a couple of weeks ago and recently announced the release of another “The Evil Within” DLC: “The Consequence”. Another DLC is also set to be released called “The Executioner”. All three are also offered with a special deal.
A latest Android Lollipop update has just been released for AT&T Samsung Galaxy Note 4, Galaxy Note 3, and Galaxy S4. In view of this update release, check out the deals, rumors, and upgrade info.
The surging value of the U.S. dollar may be posing the biggest threat to U.S. corporate earnings since the 2008 financial crisis, hurting results at most U.S.-based multinationals. Some on Wall Street are even talking about an earnings recession.
As the dollar surged in the last 12 months, David Marcus, head of the Evermore Global Value fund, steadily increased his stake in Europe. He now has 60 percent of his portfolio invested in companies in the euro zone, the largest stake among any global fund tracked by Lipper.
