Stock News 2013: PSEi soars past 5,900

English: Barack Obama delivers a speech at the University of Southern California (Video of the speech) (Photo credit: Wikipedia)

STOCKS surged to a new all-time high at the close of Thursday’s trades, piercing through the 5,900 barrier for the first time as investors stayed bullish after US President Barack Obama signed legislation formally ending the so-called “fiscal cliff” crisis that would have meant tax hikes and spending cuts feared to spark another recession.

The Philippine Stock Exchange index (PSEi) rallied by 73.06 points or 1.25% to close at 5,934.05, its second all-time high for the year in as many days. The broader all-share index climbed by 36.09 points or 0.97% to 3,762.88.

The PSEi last peaked on Wednesday, the first trading day of the year, when it advanced by 48.26 points or 0.83% to close at 5,860.99 on the back of news that US solons finally green-lighted a bill ending protracted fiscal cliff talks.

“The market [yesterday] ended up by around 73 points, another all-time high, as Asian and US markets went up again [the previous] night. Market sentiment was also positive ahead of expected corporate spending in the first quarter,” said Elizabeth S. Abadillo, analyst at brokerage Angping & Associates Securities, Inc., in a text message yesterday.

http://www.bworldonline.com/content.php?section=StockMarket&title=PSEi-soars-past-5,900&id=63721

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Stock News 2011: WHO report on cellphone radiation

Image via Wikipedia
Based on internet reports, a World Health Organization (WHO) international panel of experts recently concluded that cell phones are “possibly carcinogenic.” Carcinogenic means producing or tending to produce cancer.

The panel was composed of 31 scientists from 14 countries headed by Dr. Jonathan M. Samet, a physician and epidemiologist at the University of Southern California and a member of President Obama’s National Cancer Advisory Board.

The panel did not based its conclusion on any new research that it conducted but only on existing and available studies on the health effects of low levels of radiation emitted by cellphones – which the panel of scientists reviewed.

The phrase “possibly carcinogenic” does not mean cellphones cause cancer. Stated in another way – the phrase means that there is no conclusive scientific evidence linking cellphones with cancer. Be it as is, we, cellphone users should reduce our exposure to cellphone radiation. Like using an earpiece to keep the cellphone away from the head or texting rather than talking over the cellphone. These are simple doable precautionary measure on the use of cellphones.

Not many know that the choice of cellular phone can influence a person’s exposure to cell phone radiation. It does! Different cell phones have different quantity of the so-called “radio frequency” (RF) energy that is absorbed by our bodies.

http://www.mb.com.ph/node/322132/who-report-cellphone-radiation

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