A surge in demand for Tokay Geckos is leading to the "rapacious collection" of the animals in Southeast Asia," says a wildlife-protection group. Unsubstantiated claims of miracle cures from traditional medicines are helping fuel the demand.
The Philippine peso led gains among Asian currencies on speculation global funds will pump more funds into the region to profit from rising interest rates and the world’s fastest economic growth.
San Miguel shares fell sharply when they resumed trading after a three-week suspension to make way for a $900 million sale of shares and convertible bonds.
The Philippine peso broke through a major resistance line kept by the central bank on Friday, while its Asian peers extended recent gains as investors continued to chase higher-yielding currencies.
Both technical and fundamental data support a bullish bias for the Philippine peso against the US dollar (bearish USDPHP). Let me show you how.
Technically, the USDPHP pair has continued to trade within a descending channel after it broke...
Asian Currencies Weaken on Earthquake in Japan, Economic Growth Concern
Asian currencies fell this week,
led by South Korea’s won and the Philippine peso, as a...
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