Stocks slide for five days straight; peso strengthens
The PSEi extended its losing streak to five sessions as investors weighed rising inflation risks, weak Philippine manufacturing activity, high oil prices and…
· 1 MIN READ
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Latest Daily Tribune news and analysis on Peso.
The PSEi extended its losing streak to five sessions as investors weighed rising inflation risks, weak Philippine manufacturing activity, high oil prices and…
· 1 MIN READ
The PSEi fell for a fourth straight session as investors weighed the BSP’s forecast of September inflation reaching 6.4% to 7.4%. The peso also weakened amid…
2 MIN READ
The Philippine stock market fell while the peso weakened as rising US Treasury yields, higher oil prices and uncertainty over the US-Iran conflict kept…
· 2 MIN READ
The Philippine Stock Exchange index fell 0.64% to 5,788.87, while the peso weakened to P62.545 against the US dollar as renewed US-Iran tensions, rising oil…
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The ADB expects the BSP to maintain a gradual tightening bias, with further interest rate hikes potentially supporting the peso amid record-low levels,…
· 2 MIN READ
Further interest rate hikes from the Bangko Sentral ng Pilipinas (BSP) may support the Philippine peso, which has slumped to record lows more than 25 times…
· 2 MIN READ
The PSEi rose 1.67 percent to 5,825.97, ending a five-session losing streak, while the peso strengthened to P62.465 per US dollar.
· 2 MIN READ
The PSEi fell 1.12% to 5,730.02 for its fifth straight losing session, while the peso weakened to P62.73 against the US dollar as weaker growth prospects,…
· 2 MIN READ
The Philippine Stock Exchange index (PSEi) extended its losing streak to a fifth consecutive session Thursday, falling 65.12 points, or 1.12 percent, to…
· 2 MIN READ
The PSEi fell 0.50 percent to 5,814.56 while the peso strengthened to P62.72 against the US dollar as investors weighed weaker growth prospects, higher oil…
· 1 MIN READ
The PSEi slumped 12.12 points to 5,843.79, even as the local currency dipped P62.78 vis-a-vis the US dollar amid pressure from elevated oil prices, which…
· 2 MIN READ
Like Tatooine at the Outer Rim, small economies such as the Philippines may seem far from the center of power, but they still get pulled into the consequences…
· 3 MIN READ
The tension between that resilience and the grim headline numbers traces back to one source – oil.
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US Federal Reserve Chair Kevin Warsh justified the interest rate hike — the first since 2023 — saying inflation is too high and had persisted for too long,…
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The peso fell 17.5 centavos, or 0.28 percent, to a fresh record low of P62.86 per US dollar Monday, while the Philippine Stock Exchange index (PSEi) rose 13.26…
· 2 MIN READ
Malabon City’s PESO and Trabaho Partylist offered 4,888 local and overseas job openings at a mega job fair attended by 50 employers at Robinsons Malabon.
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Apart from the floods, the extreme weather has also resulted in multiple class suspensions, consequently leading to extended disruptions to learning.
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Investors are increasingly concerned about the inflationary impact of surging oil prices and a weaker currency; the PSEi decline extended the market’s pullback…
· 2 MIN READ