
Oil prices jump, stocks slide
Oil prices jumped Tuesday after Russia and Saudi Arabia extended cuts to supplies, while stocks slid on worries this could fuel inflation and hobble growth.
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Oil prices jumped Tuesday after Russia and Saudi Arabia extended cuts to supplies, while stocks slid on worries this could fuel inflation and hobble growth.
· 2 min read

Hiring in the United States logged a surprise jump last month, government data showed on Friday, while unemployment rose to the highest level since early 2022.
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Some good news as Christmas approaches. The prices of petroleum products in the domestic pumps will go down heftily for the fourth straight week.
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The energy crisis is fueling an acceleration of the rollout of renewable power, raising hopes for efforts to meet ambitious targets against global warming, the…
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Motorists will get another reduction in their fuel expenses this week.
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President Ferdinand "Bongbong" Marcos Jr. on Thursday said the Chinese government's refusal to recognize the Philippines' rights over the West…
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The Bureau of Treasury has once again recognized Security Bank as a Market Maker for 2023 under the enhanced Government Securities Eligible Dealers program.…
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As Filipino consumers "cry" over the skyrocketing price of onions, P255,000 worth of the vegetable, a household staple, were confiscated in public…
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After several weeks of increases, the prices of petroleum products in the domestic pumps will be on a decline this week starting Tuesday, 22 November.
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Indonesia's economic growth accelerated in the third quarter of 2022 on the back of strong exports and domestic consumption, official data showed on Monday,…
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After a few weeks of rollback, the prices of gasoline at the domestic petroleum pumps will be on a slight uptick starting Tuesday, 8 November due to cost…
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The war raging in Ukraine and other overlapping crises are taking a toll on labor markets worldwide, the UN said Monday, suggesting a "sharp"…
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A double whammy of sorts in terms of high prices looms as oil companies project this week another round of increase by P3 per liter for diesel and kerosene…
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All qualified and registered power producers using renewable energy sources should enjoy the option of preferential dispatch in the Wholesale Electricity Spot…
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The downward trajectory of the prices of petroleum products sold at the pump is expected to be sustained until next week as preliminary oil trading data from…
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Ayala-backed mobile e-wallet GCash will roll out a new feature by year's end that would let users conveniently trade stocks, encouraging more investors to…
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Motorists loading up diesel can get relief in their fuel expenses this week.
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The peso closed marginally weaker against the dollar for the third straight day, reaching a new record low of P 57:$1.
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