Peso hits new low at P60.55; bourse finishes week under 6000
The Philippine peso sank to a new record low of P60.55 per US dollar on Friday afternoon as the crisis in the Middle East continued to weigh on the currency…
· 3 MIN READ
Daily TribuneTopic
The Philippine peso sank to a new record low of P60.55 per US dollar on Friday afternoon as the crisis in the Middle East continued to weigh on the currency…
· 3 MIN READ
Since the start of the Middle East conflict, Iran has witnessed a sharp rise in cryptocurrency flows.
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Leading ports and terminals operator Asian Terminals Inc. (ATI) has announced that it has received notice from the Philippine Stock Exchange (PSE) approving…
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Meanwhile, the peso hovered near record lows, weakening to P60.23 from P60.10 previously against the dollar, reflecting a renewed shift toward risk aversion in…
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The Philippine Stock Exchange index (PSEi) fell below the 6,000 level on Thursday, closing at 5,984.20, down 0.99 percent, as the market pulled back after two…
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The market rebounded on bargain hunting after 2 consecutive days of decline while the peso appreciated to P59.95 from yesterday’s P60.30 close, moving back…
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Nosy Tarsee got wind on the trading floor of a Philippine Stock Exchange-listed distilled spirits giant that it has just handed an employee a very sweet silver…
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The PSEi on Monday closed at 5,899.18, down 1.98 percent, as the local market plunged amid escalating tensions between the United States and Iran, which…
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‘We’re not afraid to go to court if they want to go to court’ — SEC chairman Francis Lim, in reaction to threats that some of those affected by the proposed…
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Strong capital markets depend not only on active trading but also on sound governance within the institutions that operate them. Recently, the Securities and…
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Philippine shares ended lower on Thursday as renewed concerns over the Middle East conflict and its impact on global oil prices dampened investor sentiment.
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Philippine equities extended their gains on Wednesday, with the Philippine Stock Exchange index (PSEi) closing at 6,158.33, up 31.67 points or 0.52 percent.
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Philippine shares, as well as the local currency, rebounded on Tuesday, with the benchmark Philippine Stock Exchange index (PSEi) closing at 6,126.66, up…
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Companies with publicly listed or registered securities no longer need the Securities and Exchange Commission’s (SEC) green light to hold their annual…
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The local bourse plunged as trading resumed on Monday amid renewed fears of rising oil prices driven by Middle East tensions, with the Philippine Stock…
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Investors digested the first round of fuel price hikes, as well as a weakening local currency, which has slid from the P57 level in February to about P59.50…
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Investors took the opportunity to ‘buy the dip’ — purchasing stocks at lower valuations with the expectation of selling them at higher levels once markets…
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The Paranaque Integrated Terminal Exchange (PITX) has officially launched its free Wifi offer together with their Libreng Sakay promo for women…
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