Market, peso, slump amid renewed tensions
Market sentiment turned cautious after fresh reports of military exchanges between the US and Iran near the Strait of Hormuz. The peso weakened slightly,…
· 2 min read
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Market sentiment turned cautious after fresh reports of military exchanges between the US and Iran near the Strait of Hormuz. The peso weakened slightly,…
· 2 min read
MACTAN, Cebu — Trade Secretary Cristina Roque has urged economic ministers to take a timely and practical approach in the Middle East crisis, which has been…
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Department of Energy Secretary Sharon Garin said Thursday the country’s oil supply is nearing maximum storage capacity amid continued uncertainty in the global…
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‘We’ve had very good talks over the last 24 hours, and it’s very possible that we’ll make a deal.’
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‘We are ready to extend all the necessary assistance in ensuring that rules and regulations under this plan are properly observed, similar to what our…
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Alex Eala won her first ever match in the Italian Open after posting a hard-fought 6-3, 3-6, 6-4 victory over world No. 45 Magdalena Frech of Poland in the…
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CAGAYAN DE ORO — Stephen Clementer pulled off a dramatic first Junior PGT title, overturning a three-stroke deficit on the final hole before edging Ethan Lago…
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The 7.2 percent April headline inflation print reported by the Philippine Statistics Authority (PSA) on Monday may prompt the central bank to preemptively…
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For decades, the country has pinned its hopes on foreign investments and open markets to drive development. Record inflows of over $100 billion last year were…
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Petron Corp.’s first-quarter net income fell 56 percent to P1.8 billion from P4 billion a year earlier, dragged by refinery disruptions and a sharp surge in…
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President Ferdinand Marcos Jr. has ordered measures to bring down rice prices as inflation surged, with officials citing rising fuel costs — not supply…
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Global oil prices remain at levels that continue to exert upward pressure on domestic fuel and transport costs.
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The Philippine peso has lost another two centavos in purchasing power, with P1 in 2018 now worth only 73 centavos, according to National Statistician Claire…
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The Philippine Stock Exchange Index (PSEi) slipped to 5,898.08, down 0.74 percent, as investor sentiment turned cautious following a hotter-than-expected…
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A parallel I see is the way our own political playbook is repeated over and over again.
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EPIRA did not bring about genuine market reform. And amendments are long overdue.
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The most likely near-term scenario is more of the same: the conditional ceasefire extended pending talks, with almost no shipping through the Strait of Hormuz,…
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Epektibo na ngayong araw ang panibagong paggalaw sa presyo ng mga produktong petrolyo, matapos ang tatlong sunod na rollback.
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