Bloomberg When it comes to Philippine stocks, 2020 so far isn’t looking better than 2019. Barely two weeks into the new year, and the market is the worst performer among major Asian peers, with overseas fund withdrawals reminiscent of January 2008. Back then, fears of a US recession roiled global shares and pummeled Manila into a bear market. Last year, ...

Bloomberg The years-long disputes between China and South Korea are getting resolved, and analysts at Nomura Holdings Inc expect Chinese tourists to return en masse to the Korean nation. That’s a boon for shares of cosmetics producers and travel-related companies. Amorepacific Corp, the maker of beauty products that are popular souvenirs among Chinese women, climbed as much as 6.6% on ...

Bloomberg The pound dropped and gilts climbed after another member of the Bank of England’s (BOE) monetary policy committee pointed to a potential vote for an interest-rate cut this month and data showed the UK economy unexpectedly shrank in November. Sterling led losses among Group-of-10 currencies, on course for its fifth consecutive day of declines. Policy maker Gertjan Vlieghe said ...