Globe allocates $ 450 million for 2008 capital expenditures; $ 180 M earmarked for broadband.
Byline: EMMIE V. ABADILLA Globe Telecom Inc. is allocating the bulk, or $ 180 million, of its $ 450 million 2008 capital expenditure for broadband, where the future of the telecom industry lies, announced President and CEO Gerardo C. Ablaza Jr. after yesterday's annual stockholders' meeting. ...

Markets attractive for medium term investors.
Byline: Vikas Agarwal The domestic markets have seen a consolidation phase in the first quarter of this year. All major indices corrected significantly from their peak levels. But with the start of the results season in April, the optimism is back in the market, triggered by a...

Markets attractive for medium term investors.
Byline: Vikas Agarwal (##include msid=2459375,type=9 ##) The domestic markets have seen a consolidation phase in the first quarter of this year. All major indices corrected significantly from their peak levels. But with the start of the results season in April, the optimism is back in...

Indonesia's consumer base is maturing.
A consensus has developed here at the beginning of 2007 that the Indonesian economy expanded well in 2006 and will expand further during 2007. The International Monetary Fund (IMF) estimates that GDP growth for Indonesia in 2006 was 5.2 percent compared with 5.6 percent in 2005. The IMF's estimate...

Share prices expected to consolidate ahead of polls.
Byline: EDU LOPEZ Share prices are likely to consolidate as investors would remain in the sidelines ahead of next week's elections. Mixed economic data are also providing an uncertain outlook for interest rates going forward, says analyst Erwin Balita of AB Capital Securities. ...

Death in the afternoon.
Byline: Amit Bhandari In his 1933 book of the same title, Ernest Hemingway describes bull-fighting as a three-act tragedy that ends with the death of the bull. In the first stage, the bull charges fearlessly - only to be lanced by the picador. In the next stage,...

Consolidation in banking space will gather steam.
MUMBAI: The growth outlook for India's banking & financial services sector remains strong, given the fast-growing economy, higher savings, rising penetration besides absence of exposure to risky assets and large derivative positions. An India Infoline report said the share in market capitalisation (of the overall market) will rise from...

Market Track; Stocks surge on rosy economic news.
Byline: Dr. ANNEGIRL G. BERIN The 30-company composite index reached a new record high yesterday closing at 3,547.35, surpassing the previous record close last May 22 at 3,505.03, on positive economic outlook anchored on the Gross Domestic Product (GDP) growth of 6.9 percent in the first quarter....

Increase In Real Wages, Drop In Energy Prices Position Retailers and Consumers for a Solid Holiday Season, Says Deloitte Research.
NEW YORK, Dec. 13 /PRNewswire/ -- The Deloitte Research Leading Index of Consumer Spending rose sharply this month, due to the strongest growth in real hourly earnings in four years. "This month's increase in real wages is the largest we've seen in some time," says Carl Steidtmann,...

The U.S. Economy Has Slowed Moderately, But the Current Global Expansion is One of the Broadest Since 1970s.
NEW YORK, Jan. 11 /PRNewswire/ -- While the U.S. economy is rolling through a soft patch - mainly because of a market correction in housing, weaker than expected consumer spending, and a long-overdue slowdown in manufacturing activity - stronger growth is ahead in 2007, according to an analysis released...