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Philippine Market Outlook For June 2013 Onwards

Foreign fund outflow has pulled Asian markets down (MSCI All Country Asia Pacific Index plunged 5.12% in May) on fears of a possible tapering off of the US Federal Reserve’s bond purchases. The Philippine Stock Exchange Index recently retreated to the 6,500 level as Php18 billion worth of foreign funds exited the country over the past 10 trading days.

Still, we remain confident of our 7,500-7,700 year-end target on the back of the economy’s positive fundamentals and we view this recent reversal as an opportunity to further build on positions.

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Detroit Auto Show 2010: Motor Cars Everywhere

The Detroit Auto Show 2010 has opened and the focus this year seems to be on electric small powered automobiles.

But more than that, it can be noted that in the event – many are optimistic about the economy and that sales for motor cards will soon go on a steady rise again..

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Toyota Recall Floor Mats September 2009

Toyota Motor Corporation announced Tuesday, September 29, 2009 that it recall 3.8 million vehicles in the United States.

This is Toyota’s largest-ever US recall, and the reason – to address problems with a removable floor mat that could cause accelerators to get stuck and lead to a crash.

Toyota Floor Mats Read the rest of this entry »

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