Fri04182014

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Filipino devotees reenact crucifixion of Christ

SAN PEDRO CUTUD, Pampanga—Devotees in northern Philippines villages had themselves nailed to wooded crosses to reenact the crucifixion of Jesus Christ, as thousands of local and foreign spectators watched the bloody annual rites to mark Good Friday in Asia’s largest Roman Catholic nation.

Read more: Filipino devotees reenact crucifixion of Christ

Signs of greater US economic recovery seen weakening peso

The peso was seen trending lower against the US dollar after the long Lenten holidays as the economic recovery in the United States, still the world’s largest economy and one of the Philippines’s major trading partners, gains even more traction, a local banking giant said.

Read more: Signs of greater US economic recovery seen weakening peso

Philippines two-year bonds decline on debt auction, rate outlook

The Philippines’s two-year sovereign bonds fell, snapping a two-day advance, ahead of a government debt auction and amid speculation the central bank will raise borrowing costs.

Read more: Philippines two-year bonds decline on debt auction, rate outlook

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