Red Friday: PSEi plunges following floodgate exposés
On 14 November 2025, political headwinds affected the financial sector as renewed attention on the Senate’s resumed probe into the “floodgate” corruption…
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Daily TribuneTopic
On 14 November 2025, political headwinds affected the financial sector as renewed attention on the Senate’s resumed probe into the “floodgate” corruption…
· 2 MIN READ
The Philippine peso fell to P59.17 against the dollar as market confidence declined due to corruption worries, marking a new record low.
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The local currency resumed its decline yesterday, mirroring the slide in investor confidence.
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The sustained weakness of the peso, which closed at P59.04 against the US dollar — its third straight day of slight depreciation — added to the cautious mood.…
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The last time the local bourse traded at this level was in September 2022, when the index dropped to 5,741.07 amid fears of a global recession, rapid US…
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With the Philippine Stock Exchange Index back below the 6,000 level, will we find the market’s version of HP Lovecraft’s creature, Cthulhu, which will bring us…
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It is becoming clear that a conspiracy to steal public funds occurred, crossing party lines.
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Market forces, not BSP intervention caused peso slide to P58.9 against the US dollar.
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German companies operating in the Philippines remain optimistic about the country’s economic prospects, with most respondents in the latest AHK (German…
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Quezon City Police District (QCPD) Acting District Director P/Col. Randy Glenn Silvio on Sunday led a Simultaneous Showdown Inspection of Forces and Equipment…
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Agents of the National Bureau of Investigation (NBI) arrested two Chinese nationals in Makati City for allegedly selling counterfeit Philippine banknotes, the…
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Local shares are expected to trade cautiously next week as investors monitor global interest rate signals and weak trading volume, online brokerage 2TradeAsia…
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Fifty-five minors arrested during the 21 September “Trillion-Peso Protest March” in Manila have been ordered to perform community service as part of their…
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The Philippine Stock Exchange index (PSEi) closed nearly unchanged for the second straight session on Friday, 17 October 2025, as investors weighed mixed…
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Finance ministers and central bank governors from the Group of 20 (G20) major economies have warned of growing downside risks to global growth amid mounting…
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The government is unfazed despite a slight uptick in inflation last month, noting that the figure remains well within its full-year target range of 2 to 4…
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The Manila Electric Co. (Meralco), the country’s largest power distributor, said electricity rates are likely to rise this month, mainly due to the peso’s…
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As Filipinos marked the 53rd anniversary of the declaration of Martial Law on 21 September, this year’s commemoration carried a sharper edge as it coincided…
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