PSEi drops 2.13% as oil fears grow
Philippine stocks resumed their decline on Wednesday, with the Philippine Stock Exchange Index (PSEi) closing at 6,307.84, down 2.13 percent or 137.54 points,…
· 2 min read
Daily TribuneTopic
Philippine stocks resumed their decline on Wednesday, with the Philippine Stock Exchange Index (PSEi) closing at 6,307.84, down 2.13 percent or 137.54 points,…
· 2 min read
The Middle East (ME) crisis could trigger a domino effect, driving up not only fuel prices but also electricity rates.
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El Niño contributed to making 2023 the second-hottest year on record and 2024 the all-time high.
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President Ferdinand Marcos Jr. sought to calm fears of a fuel shortage as the war between the United States and Iran threatened to disrupt the global oil…
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Inflation may spike to as high as 4.0 percent in the coming months due to rising oil prices stemming from the Iranian conflict in the Middle East, according to…
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Today, we may be going about our daily activities without having to fear what the skies could drop upon us. Yet somehow we feel that something has already…
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The lesson, for the Philippines, is both urgent and familiar: the country’s economic fate is tied, inescapably, to the stability of a world it does not control.
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It noted, however, that lower prices of vegetables, fruits and meat, as well as peso appreciation, could partly offset these pressures.
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The Philippines does not need to be bombed to feel the effects of war. It only has to see oil prices spike.
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The global smartphone market is projected to suffer its sharpest decline on record in 2026 as shortages of memory chips and rising component costs force…
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Trump made clear the goal was the destruction of the Islamic Republic’s military and the toppling of the authorities in power since the 1979 revolution.
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The Department of Agriculture (DA) is intensifying monitoring and support for onion farmers in Occidental Mindoro as farmgate prices fluctuate between P30 and…
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Not all prices went up, however. Meat prices slipped into negative growth, while milk and egg prices eased. Sugar and corn also continued to post declines.
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Economists, government agencies, and the central bank attributed the shortfall largely to the fallout from the ongoing flood control infrastructure scandal.
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A combination of geopolitical tensions, supply expectations, inventory movements and market sentiment shaped global oil prices.
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Gasoline prices could soften next week after several straight weeks of increases, while diesel and kerosene are expected to continue climbing, industry…
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MISAMIS ORIENTAL — The Department of Trade and Industry (DTI) continues its price monitoring and consumer education programs in Northern Mindanao (NM) to…
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Crystal Bay, a small Lake Tahoe community straddling the California–Nevada border, ranks among the most expensive waterfront markets in the United States, with…
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