SINGAPORE - Oil prices plummeted to a one-year low below US$83 a barrel Friday in Asia as investor fears of a severe global economic downturn sparked a panicked sell-off of equities and crude. More »
TOKYO (AFP) - - Asian stock markets went into a tailspin Friday, with Tokyo diving 11 percent at one point as fears grew that the financial crisis is spiralling out of control, dealers said. More »
MANILA, Philippines - Philippine shares have plummeted for the sixth straight session, tracking a global sell-off as investors rush to cut losses. More »
MANILA, Philippines - Philippine share prices on Friday fell by triple digits as nervous investors dumped stocks in favor of cash amid the global uncertainty, analysts said. More »
MANILA8 (AFP) - - Philippine exports grew 6.5 percent from a year earlier to 4.38 billion dollars in August, but shipments in the key electronics sector fell, the government said Friday. More »
MANILA, Philippines - With Wall Street refusing to be calmed by any US government intervention, the Philippine stock market is in for another rough day Friday, analysts said. More »
NEW YORK - Oil prices closed down Wednesday after touching their lowest level this year, pressured by a huge jump in U.S. crude inventories and more signs of dwindling demand. More »
MEXICO CITY (AFP) - - Mexican tycoon Carlos Slim, one of the world's richest men, said Tuesday that China should lead rescue efforts for the US financial crisis, and that worldwide stock markets needed better rules. More »
MANILA, Philippines - Hog producers continue to be hobbled by low farm gate prices and insist the market distortion would most likely force many of them to shut down their piggeries as production costs zoom. More »
MANILA, Philippines- The local office of Dell Inc. is counting on its mobile computers to boost its business. More »