US, European stocks extend gains on interest rate outlook
Stock markets rose for a second day Wednesday after slowing US inflation and retail sales raised hopes of a soft landing for the American economy.
· 2 min read
Daily TribuneTopic
Stock markets rose for a second day Wednesday after slowing US inflation and retail sales raised hopes of a soft landing for the American economy.
· 2 min read
Equities surged Wednesday and the dollar struggled after slower-than-forecast US inflation was seen as all but putting to bed any chance of another interest…
· 2 min read
South Korean stocks surged Monday after authorities imposed an eight-month ban on short selling, with officials citing "illegal shorting practices"…
· 1 min read
Equities extended a global rally Friday as investors were caught up in a wave of optimism that the Federal Reserve has finished its cycle of interest rate…
· 2 min read
Asian finance hub Hong Kong halted trading at its stock exchange on Monday and closed schools after Typhoon Koinu generated torrential rainfall overnight.
· 2 min read
Asian stocks sank Thursday and the dollar advanced after the Federal Reserve indicated it could hike interest rates again this year and keep them elevated…
· 3 min read
Global stock markets rose while the Euro slid on Thursday after the European Central Bank (ECB) signaled its latest interest rate hike could be its last.
· 2 min read
Oil prices jumped Tuesday after Russia and Saudi Arabia extended cuts to supplies, while stocks slid on worries this could fuel inflation and hobble growth.
· 2 min read
Hiring in the United States logged a surprise jump last month, government data showed on Friday, while unemployment rose to the highest level since early 2022.
· 1 min read
The Philippine Peso on Friday, 2 December, closed the day at P55.74 versus the US Dollar.
· 1 min read
The Bureau of Treasury has once again recognized Security Bank as a Market Maker for 2023 under the enhanced Government Securities Eligible Dealers program.…
· 1 min read
As Filipino consumers "cry" over the skyrocketing price of onions, P255,000 worth of the vegetable, a household staple, were confiscated in public…
· 1 min read
The war raging in Ukraine and other overlapping crises are taking a toll on labor markets worldwide, the UN said Monday, suggesting a "sharp"…
· 3 min read
The peso exchange rate opened at P58.25 against the dollar and strengthened at P58.09 before closing at P58.22 on Thursday.
· 1 min read
All qualified and registered power producers using renewable energy sources should enjoy the option of preferential dispatch in the Wholesale Electricity Spot…
· 2 min read
The benchmark Philippine Stock Exchange index finally broke its five-day losing streak on Thursday after shares gained 54.57 points to 5,934.25, 0.93 percent…
· 1 min read
President Ferdinand "Bongbong" Marcos Jr. is closely monitoring the continued weakening of the Philippine peso against the US dollar, Malacañang said…
· 2 min read
Ayala-backed mobile e-wallet GCash will roll out a new feature by year's end that would let users conveniently trade stocks, encouraging more investors to…
· 2 min read