Stocks buck Trump’s rejection of Iran deal
Notwithstanding the US not accepting Iran’s proposal to end the war in the Middle East, trading at the Philippine Stock Exchange on Monday was positive, up…
· 2 min read
Daily TribuneTopic
Notwithstanding the US not accepting Iran’s proposal to end the war in the Middle East, trading at the Philippine Stock Exchange on Monday was positive, up…
· 2 min read
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
The country’s foreign reserves fell to a 15-month low as the Bangko Sentral ng Pilipinas (BSP) battled a weakening local currency.
· 2 min read
External debt, meanwhile, jumped 4.81 percent to P5.95 trillion from P5.68 trillion, as the peso’s depreciation inflated the peso equivalent of foreign…
· 2 min read
The local bourse bounced back above the 6,000 level while the peso strengthened sharply to P60.42 from Wednesday’s close of P61.30, reflecting a weak US dollar…
· 2 min read
If promises were indeed unkept, the current financial problems of the government militates against any attempt to squeeze money from the treasury.
· 2 min read
The Philippine unemployment rate eased slightly in March to 5.0 percent, though government data released Wednesday suggests that job quality and long-term…
· 2 min read
Vice President Sara Duterte on Tuesday expressed concern over the persistent inflation, the weakening peso and rising fuel prices, at the same time warning…
· 1 min read
The Philippine Stock Exchange index rebounded strongly on Wednesday, climbing 1.17 percent to 5,967.21 on reports that the US paused military escort operations…
· 2 min read
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…
· 1 min read
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…
· 2 min read
Optimism grew with Iran’s new 14-point proposal aimed at reaching a diplomatic resolution even as President Trump signaled plans to escort vessels through the…
· 2 min read
Businesses in the Philippines are seeing uneven gains and losses from the combined impact of a weaker peso and rising oil prices, according to Jose Luis Yulo…
· 2 min read
The benchmark Philippine Stock Exchange Index (PSEi) resumed its decline, slumping to 5,833.64 (-1.26 percent) as investors ended the shortened trading week in…
· 2 min read
The PSEI rebounded to 5,907.89, up 0.70 percent, snapping out of a five-day slide as investors engaged in bargain hunting; the peso fared differently, slumping…
· 2 min read
The local bourse declined for the fifth straight trading day, slipping below the 5,900 level on Tuesday as the peso fell to a new record low of P61.30 per US…
· 2 min read
Anticipation of broader price hikes and additional policy tightening dampened trading even as the peso marginally depreciated P60.71 from previously P60.70 per…
· 2 min read
The Philippines’ peso-denominated government securities are set to be included in J.P. Morgan Government Bond Index–Emerging Markets beginning 29 January 2027,…
· 2 min read