Month: July 2015

Stock Dividends in the Philippines

If you’re holding Nickel Asia (NIKL) stocks and you’re not updated on what was to happen yesterday, July 13, 2015, you would have panicked upon seeing that the NIKL stock opened at P10.00 from its closing price of P20.00 on Friday.

So the stock closed at P20.00 last Friday and, yesterday, Monday, the stock was trading at P10.00? That’s a huge loss!

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FAQ on Greece’s Debt Crisis — explained in simple terms

If you only have a minute to try to understand what’s going on in Greece and in the European Union (EU), here’s a summary for you:

The Greek government has accumulated a lot of debt in the past years and is now unable to pay its creditors. Leaders of the EU, the European Central Bank, and the International Monetary Fund (IMF) have been trying in the past weeks to work out a payment plan to prevent Greece from defaulting on its loans. They are also trying to keep Greece from leaving the EU and dumping the Euro currency. However, Greek leaders are not inclined to accept the terms of the proposed payment plan because, for them, the new bailout plan would inflict more harm than good to its citizens. The Greek Prime Minister has instead called for a public referendum on July 5 to let the Greeks decide whether or not to accept the bailout plan.

Now, if you want more details about the Greek debt crisis, scroll down for a comprehensive but easy-to-understand FAQ (Frequently Asked Questions) about the financial chaos currently gripping Greece and the EU.

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