Day: April 5, 2012

ASIAN EQUITY UPDATE

ASIA San Miguel Corp – Company will acquire an equity stake of 49 percent in Philippine Airlines for about USD 500m. San Miguel purchased the stake from Mr. Lucio Tan, whose holding companies own 85 percent of Philippine Airlines and… Read More ›

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NORTH AMERICA EQUITY UPDATE

NORTH AMERICA US non-farm private sector employment data added 209,000 jobs in March, beating consensus forecasts of 208,000. Employment in the services sector rose to 164,000 while the goods-producing sector increased by 45,000 for the month of March. In related… Read More ›

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EUROPE EQUITY UPDATE

EUROPE ECB President Mr. Mario Draghi kept interest rates unchanged at 1 percent as the eurozone struggled with poor output coupled with rising inflation. Mr. Draghi stated that inflation would likely remain above ECB’s target of 2 percent for 2012… Read More ›

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