
PSEi, peso tumble on renewed MidEast tensions
The market closed at 5,879.41, down 58.97 points from Friday’s 5,938.38, even as the peso also lost strength against the US dollar amid renewed US-Iran…
· 2 MIN READ
Topic

The market closed at 5,879.41, down 58.97 points from Friday’s 5,938.38, even as the peso also lost strength against the US dollar amid renewed US-Iran…
· 2 MIN READ

US President Donald Trump abruptly ended an interview with NBC’s Meet the Press after a tense exchange with host Kristen Welker over his claims regarding…
· 2 MIN READ

The Philippine Stock Exchange Index (PSEi) retreated on Monday, falling 58.97 points or 0.99 percent to 5,879.41, while the peso weakened to P61.69 per US…
· 1 MIN READ

‘The slower inflation print reduces the urgency for an off-cycle rate hike in the near term. However, a substantial increase in the policy rate at the next…
· 2 MIN READ

The Foreign Correspondents Association of the Philippines (FOCAP) on Friday joined media organizations in condemning Sen. Rodante Marcoleta’s remarks branding…
· 1 MIN READ

The bellwether index and local currency both rebounded on Friday, with the Philippine Stock Exchange Index (PSEi) closing at 5,938.38, up 26.45 points or 0.45…
· 2 MIN READ

The PSEi went on a three-day winning streak even as the peso rebounded, appreciating to P61.62 from P61.74 against the US dollar previously — its 0.12…
· 2 MIN READ

The National Government’s outstanding debt edged lower to P18.47 trillion as of end-April, marking its first monthly decline this year and snapping a six-month…
· 2 MIN READ

Market rally was sustained driven largely by ICTSI which surged 5.42 percent to P875.00, lifting the Services sector by 3.74 percent but the peso weakened to…
· 2 MIN READ

Investors welcomed plans by the government to establish a strategic petroleum reserve, a move aimed at boosting the country’s energy security, while the peso…
· 2 MIN READ

Malacañang on Tuesday sought to ease public concerns over a proposed P240 charge on airline passengers, stressing that the measure remains under study and has…
· 1 MIN READ

Malacañang on Tuesday said the government cannot guarantee a flood-free Philippines during the rainy season despite ongoing flood mitigation efforts, but…
· 2 MIN READ

The Philippine Stock Exchange Index (PSEi) snapped a three-day losing streak on Monday, rising 0.53 percent to 5,799.32, even as the peso weakened sharply to…
· 1 MIN READ

Palace Press Officer and Presidential Communications Undersecretary Claire Castro on Monday praised Sen. Jinggoy Estrada for voluntarily surrendering after the…
· 2 MIN READ

Maharlika Investment Corp. (MIC) independent director Stephen Cu-Unjieng has come to the defense of Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr.…
· 1 MIN READ

Nosy Tarsee has a $6-million question: Which telco upstart is sitting on a hundred-billion-peso hole — and says it’s perfectly fine?
· 2 MIN READ

The Philippine Stock Exchange Index (PSEi) fell sharply for a second straight session on Friday, closing at 5,768.76, its lowest level of the year so far, down…
· 2 MIN READ


