Philippines Trounces Global Stocks by 124% in Aquino-Led Rally

Philippines Trounces Global Stocks by 124% in Aquino-Led Rally

Veejay Villafranca/Bloomberg

Workers walk along a pier at the Tsuneishi Holdings Inc. shipyard following a ceremony to launch a bulk carrier in Cebu, the Philippines. Philippine gross domestic product increased 6.8 percent from a year earlier in the fourth quarter, compared with 7.9 percent in China.