EMERGING MARKETS-Asian stocks, Chinese yuan strengthen on friendly Xi-Biden call [Reuters]
PLDT Inc. Sponsored ADR (PHI)
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Source: Reuters
By Arundhati Dutta Nov 16 (Reuters) - Most emerging Asian stock markets rose and the yuan scaled a five-month peak on Tuesday as traders were encouraged by positive developments in talks between Chinese Premier Xi Jinping and U.S. President Joe Biden. Jinping and Biden opened talks warmly and stressed their responsibility to avoid conflict. They are expected to discuss a range of issues including tariffs on China imposed by former U.S. President Donald Trump. Thai stocks led gains in the region, up 0.5%, followed by the Philippines , Malaysia and Taiwan indexes gaining around 0.3% each. Additionally, "most Asian countries have started to embark on 'living with COVID' via reopening of borders for international travels, which in turn could boast economic activities," said Kelvin Wong, an analyst for CMC markets. The Philippines has just started to reopen schools after 20 months of pandemic-induced closures, while Thailand opened up here its top tourist desti
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PHI
Sec Filings
- 4/1/24 - Form 6-K
- 3/27/24 - Form 6-K
- 3/27/24 - Form 20-F
- PHI's page on the SEC website