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HSBC has announced that it will extend its Rate Matcher service, as from April 14, 2008, to non-existing HSBC mortgage customers who are coming to the end of their fixed rate deals. The Rate Matcher service was introduced by HSBC at the start of February...
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Xilinx Inc., which designs programmable chips, said Wednesday that its quarterly profit declined 9 percent as North American sales slumped. Overall sales rose 9...
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Philippine peso gained 0.6% to 46.96 to the US dollar — its highest since Oct.2 — as investors snap up local stocks following moves by governments in the...
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Philippine share prices closed 7.31 percent higher on Tuesday, in line with the global rebound in stock prices.
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The loss of consumer confidence in China products due to the milk scare may have a positive effect on the local economy: Philippine-made products will be patronized...
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AP, London
World stocks tumbled Wednesday after poor U.S. retail sales data provided fresh evidence that global efforts to restore confidence in the financial system will not be...
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AP, Charlotte
A handful of top executives from American International Group Inc. spent thousands of dollars during a recent English hunting trip, even as the New York-based insurer...
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AP, New York
Bored with the same bland silver and white-colored cars dominating the highways? Worry not. Blue is the car color of tomorrow.
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AP,
The economy lurched deeper into the doldrums Wednesday and took the stock market down with it, sending the Dow Jones industrials to a staggering 733-point loss and...
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AP, New York
Investors agonizing over a faltering economy sent the stock market plunging all over again Wednesday after two disheartening reports convinced Wall Street that a...
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AP, New York
Commodities prices plunged Wednesday as a darkening economic outlook once again led frightened investors to pull their money out chaotic financial markets. Crude oil,...
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AP, Detroit
With October auto sales expected to fall short of September’s 15-year low, General Motors Corp. is launching a campaign this week to reach people who have stopped...
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AP, San Francisco
If voters see problems on Election Day, YouTube and PBS want them to whip out their video cameras and throw the footage onto a new Web site for documenting...
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AP, New York
EBay Inc. posted a third-quarter profit that beat analyst forecasts Wednesday, but its lower-than-expected fourth-quarter forecast indicated the online auction site...
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AP, New York
Latching on to a trend in the wireless industry, AT&T Inc. said Wednesday it has started an initiative to encourage manufacturers to create more non-phone gadgets...
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AP, New York
Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:
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AP, Washington
Debt insurers, say hello to government regulation. Say farewell to voluntary compliance and disclosure.
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AP, Washington
The chairman of the Federal Communications Commission on Wednesday proposed opening up unused portions of the television airwaves known as “white spaces” to...
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AP, San Jose
EBay Inc. expects its fourth-quarter earnings to drop, citing upcoming acquisitions and plans to cut 10 percent of its workforce.
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AP, New York
Corners of the credit markets are slowly loosening after the government pledged to buy stakes in private banks, but there’s still congestion _ and investors are...
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AP, Seattle
Shipments of personal computers fell short of analysts’ expectations in the third quarter, weighed down by the economic crisis in the U.S.
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