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Business 12 Jul 2005 | 12:00 AM

Philippine political crisis threatens fragile economy

A protracted political crisis and delayed fiscal reforms are casting a long shadow over the Philippine economy, already beset by a yawning budget deficit and a huge debt, with analysts predicting more gloom amid a looming credit rating downgrade.

Business 12 Jul 2005 | 12:00 AM

Philippine stocks ride on technical gains Tuesday

Philippine stocks bounced back Tuesday, aided by generally positive market reaction to the appointment of a seasoned banker and lawmaker as the new finance secretary, traders said.

Business 04 Jul 2005 | 12:00 AM

Philippine shares plunge to six-month low Monday

The Philippine key stock index fell to a six-month low Monday as investors reacted with dismay to the Supreme Court's ruling to halt implementation of a broader value added tax aimed at cutting the nation's fiscal deficit

Business 01 Jul 2005 | 12:00 AM

Philippine shares decline Friday on political jitters

Philippine shares fell Friday for the fourth straight session as investors continued to lighten their holdings, spooked by the volatile political climate and a wider implementation of value added tax, traders said.

Business 29 Mar 2004 | 12:00 AM

Taiwan shares up sharply Monday on easing political tensions

After sliding 10 percent last week, Taiwan's benchmark stock index Monday notched up its biggest single-day point gain in more than three and a half years as a political crisis, sparked by the island's disputed presidential election, abated.