» RP stocks barely move in sluggish trade
Despite good news from the US Federal Reserve that revved up Wall Street, the local bourse barely moved Wednesday.

» Net ‘hot money’ inflow of $139 billion for February
Foreign portfolio investments posted a net inflow of $139 million in February, the Bangko Sentral ng Pilipinas (BSP) reported on Friday, up from a net outflow of $199 million a year earlier but down slightly from January’s $170-million net inflow.

» Local market pulls back after advancing for five days
The Philippine stock market bucked the US bourse’s positive performance in the end-of-week trade, with subindices dropping across the board.

» AP Source: BofA to give up Merrill deal documents
After months of resistance, Bank of America Corp. is turning over documents related to legal advice it received on the purchase of Merrill Lynch & Co. to the office of New York Attorney General Andrew Cuomo.

» Investors to companies: Show us higher sales
It has been clear for some time that business is getting better. The coming week will give investors an idea of how much.

» BSP warns against fradulent commercial documents
The Bangko Sentral ng Pilipinas (BSP) cautioned the public against fake documents that are allegedly issued, secured or guaranteed by the BSP or the old Central Bank of the Philippines.

» San Miguel, 15 listed firms have yet to give reports
Listed San Miguel Corp. has until Tuesday to submit its quarterly report to avoid its shares from being suspended from trading, Philippine Stock Exchange (PSE) president Francis Lim said.

» Euro falls against dollar to $1.392
The euro traded lower against the dollar Tuesday as investors returned to the safe haven of the US currency on doubts of a turnaround in the world economy.

» Asia markets inch higher as recovery weighed
Asian markets were in a holding pattern Tuesday, mostly eking out modest gains as investors looked to quarterly earnings as a possible antidote to growing pessimism about a quick economic recovery.

» RP shares up slightly as market awaits new signs
The main index recouped lost ground but investors failed to push stocks higher on lack of fresh leads.