financial news of the day

Here are the news yesterday that might have a lot of significance on what we do today

• P100-B fund to shield economy
• Bright spots seen in local property sector
• Emerging markets battered; IMF said ready to provide aid
• Meralco says power rate hike won't be significant
• Gov't approves San Miguel chief's mining venture
• Peso dives at P48.74
• Fed launches new aid program as governments unveil rescues
• Bond spreads hit record high
• GSIS seeks partners, prepares to bid for stake in Philamlife
• Frozen funds rises to P1.41B
• Marubeni eyeing geothermal stake; new consortium readied
• GSIS chief resumes tirades vs MEralco, questions P20B a year in 'rentals'
• Oil firm cut pump prices anew P1 per liter on all products
  
• Wall St., Asian markets rout pull down prices
• Seoul sets rescue of constructions sector
• Financial meltdown threatens to burst Russia property bubble
  

Source: Business World

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