LOCAL shares ended lower on Friday as investor optimism was dampened on the lack of positive catalysts and the ongoing coronavirus disease 2019 (COVID-19) pandemic.
Continuing its decline for a sixth consecutive day, the 30-member Philippine Stock Exchange index (PSEi)...
Six years ago, Liliana Rojas-Suarez, senior fellow and director of the Latin American Initiative, researched and published for the Center for Global Development (CGD) an interesting study of emerging markets’ resilience to external shocks. She compared their performance in 2007, before the Global Financial Crisis (GFC), and seven years later in 2014 covering 21 countries.
GLOBAL streaming service Netflix closed 2020 with an additional 37 million paying subscribers above company and analysts forecasts, with its executives reporting in the earnings report that the service is “very close to being sustainably free cash flow positive.”