PSEi end week w/ flying colors

MANILA, Philippines ---Investors’ disappointment on recent slide of US’ initial jobless report fueled both the improvement of the Philippine peso and the main stocks gauge Friday. The local currency finished the week at 50.16 from Thursday’s 50.27, which a trader partly attributed to the slid of initial jobless claims in the US for the week ending July 28 to 240,000 from … [Read more...] about PHP, PSEi end week w/ flying colors