As regards its foreign policy, the US is playing “Tic-Tac-Toe” and China is playing “3-D Chess.”
China’s only offshore military base is in Djibouti
China could get a base about 100 miles east of Miami, Florida.
https://t.co/NYrOEnRB9R
HODL Comrades! They want our #Bitcoin & #Crypto
If you were weak hands last night, say the Act of Contrition & sin now more!
Say 3 Hail Marys and then just buy it back! 🤪
MicroStrategy has purchased an additional 229 bitcoins for $10.0 million in cash at an average price of ~$43,663 per #bitcoin. As of 5/18/2021, we #hodl ~92,079 bitcoins acquired for ~$2.251 billion at an average price of ~24,450 per bitcoin. $MSTR
https://t.co/fU6LN4WbKI
Zest-O is set to acquire a major US beverage brand following a 30% drop in revenues last year due to the imposition of the sugar-sweetened beverage tax. 🍊
Alveo Land unveils 120-hectare master-planned, mixed-use estate in Laguna called “Broadfield;” 80 hectares earmarked for commercial and mixed use, 40 hectares for residential dev’t @InquirerBiz
BPI 3Q income +38.6% to P8.3B. Although results were above expected, quality was a bit poor as it was driven mainly by 75.9% surge in non-interest income (including trading gains) Net interest income only up 11.1% (vs +23.7% in 1H) as loan growth slowed to 8.2% (vs 10.8% in 1H).
My editorial...
Every pie that government sticks its finger into guarantees a taste of that pie by some government official.
It is time to change the system.
https://t.co/pj8Yck3Caa
My editorial...
The last thing the Philippines needs is high oil prices.
The Philippine inflation rate has tracked the general trend of the global crude oil price since 2000, including last year after the tax increases.
Like it or not, we must...
https://t.co/hnWZ6XuCou
June brought YTD net inflows to $3.6B, 38.8% less versus last year. Nonetheless, economists believe net inflows will bounce back on the back of fiscal reforms and the declining interest rates, which could encourage financing for new investments and expansion projects. @UTradePH
The world was a better place or at least easier to figure out when the Cold War between the United States and the USSR was in full swing and China was not on anyone’s radar. But now the Chinese Dragon has joined the American Eagle and the Russian Bear.
https://t.co/gsdZj8HL49
Despite the current market volatility, COL Chief Equity Strategist @AprilLeeTan remains bullish on the Philippine stock market and views the ongoing correction as an opportunity to buy stocks.
Read more about it in her weekly column at https://t.co/j0uS0miXAB
#COLexperts
Psei falls 200 point plus to 7650.31 -2.60%
Property Banks Gaming & Conglomerates lead declines as it prices-in:
1 China/U.S. Trade War
2 Hong Kong GDP downgraded
3 POGO Regulatory uncertainty
4 Bearish mood in Asian EM currencies stays