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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 344431 [Title] => Index tumbles on Wall St decline, rate woes [Summary] => Stocks fell for the third consecutive session yesterday, hurt by Wall Streets overnight decline and worries over the outcome of this weeks Federal Reserve meeting.
The benchmark 30-company Philippine Stock Exchange Index fell 15.03 points, or 0.7 percent, to 2,066.06. The index has lost 2.2 percent since Monday.
Financial markets have already factored in a quarter-point hike in US interest rates, though others are bracing for as much as a 50-basis-point increase, PCCI Securities president Francisco Liboro said.
[DatePublished] => 2006-06-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 341962 [Title] => Index continues to drop as US rate woes persist [Summary] => Shares slid to 18-week lows yesterday, spooked by the prospect of higher US interest rates, which appears to be causing foreign investors to pull money out of stocks.
The benchmark 30-company Philippine Stock Exchange Index ended below its 2,100-point support with a loss of 53.29 points, or 2.5 percent, to 2,067. It was the lowest finish since Feb. 8, when it closed at 2,060.92. On Tuesday, the index lost 1.8 percent.
[DatePublished] => 2006-06-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
PHILEX B
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 344431 [Title] => Index tumbles on Wall St decline, rate woes [Summary] => Stocks fell for the third consecutive session yesterday, hurt by Wall Streets overnight decline and worries over the outcome of this weeks Federal Reserve meeting.
The benchmark 30-company Philippine Stock Exchange Index fell 15.03 points, or 0.7 percent, to 2,066.06. The index has lost 2.2 percent since Monday.
Financial markets have already factored in a quarter-point hike in US interest rates, though others are bracing for as much as a 50-basis-point increase, PCCI Securities president Francisco Liboro said.
[DatePublished] => 2006-06-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 341962 [Title] => Index continues to drop as US rate woes persist [Summary] => Shares slid to 18-week lows yesterday, spooked by the prospect of higher US interest rates, which appears to be causing foreign investors to pull money out of stocks.
The benchmark 30-company Philippine Stock Exchange Index ended below its 2,100-point support with a loss of 53.29 points, or 2.5 percent, to 2,067. It was the lowest finish since Feb. 8, when it closed at 2,060.92. On Tuesday, the index lost 1.8 percent.
[DatePublished] => 2006-06-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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June 29, 2006 - 12:00am
June 15, 2006 - 12:00am
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The Supreme Court may take up today in full session a petition seeking to compel the Senate to start immediately the impeachment trial of Vice President Sara Duterte.
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The tri-committee of the House of Representatives investigating the proliferation of fake news will resume its second hearing today, serving notice to absentee vloggers that failure to attend again will be dealt with accordingly.
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