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Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Singapore Asia Pacific World Search Search: Foreign investors sell off Philippine stocks: central bank AFP - 2 hours 3 minutes ago MANILA (AFP) - - Foreign investors cashed out on Philippine stocks and securities again in October as the global financial crisis deepened, the central bank said Friday. Foreign portfolio investments posted a net outflow of 390 million dollars for the month, following a 312.2 million-dollar net outflow the previous month, it said. "Risk aversion further intensified given the global financial crisis and slowdown in the US and other major economies," central bank governor Amando Tetangco said. "This development has resulted in the withdrawal of investments out of emerging markets," he said. For the 10 months to October, there was a net outflow of 911.5 million dollars, reversing a 3.7 billion-dollar net inflow over the same period last year, the bank said. Email Story IM Story Printable View Blog This Recommend this article Average (0 votes) Sign in to recommend this article » Most Recommended Stories » Related Articles: China's Economy China says its economic fundamentals are goodAFP - 49 minutes ago S.Korea won at 2-wk closing low, off 5 pct on weekReuters - 1 hour 32 minutes ago Pakistan counts on IMF, World Bank, China loansReuters - 1 hour 42 minutes ago Foreign investors sell off Philippine stocks: central bankAFP - 2 hours 3 minutes ago Related Articles: Business China bond funds post strong October gains-LipperReuters - 1 hour 15 minutes ago Rio postpones briefings to study market turmoilReuters - 1 hour 16 minutes ago Oaktree finding value in loans used for buyoutsReuters - 1 hour 29 minutes ago Philippine stock index climbs 3 percentAP - 1 hour 31 minutes ago S.Korea won at 2-wk closing low, off 5 pct on weekReuters - 1 hour 32 minutes ago Enlarge Photo Foreign investors sell off Philippine stocks: central bank Related Photos Slideshow Full Photo Coverage: Business & Economy Related Full Coverage China Economy china economy All Full Coverage Most Popular – Business Viewed Ancient 4,300-year-old pyramid discovered in Egypt Britney Spears's son hospitalized: statement Earth would be heading to a freeze without CO2 emissions China mulls crackdown on lip-synching Your favorite music = happy heart: study View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular

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