PSEi snaps five-day slide as peso rebounds
Investor sentiment improved further after US President Donald Trump said negotiations with Iran were already in the ‘final stages,’ easing fears of an…
· 2 MIN READ
Daily TribuneTopic
Investor sentiment improved further after US President Donald Trump said negotiations with Iran were already in the ‘final stages,’ easing fears of an…
· 2 MIN READ
The local bourse slipped again for the fifth straight day while the peso closed marginally stronger at P61.74 per US dollar from Tuesday’s record-low P61.75…
· 2 MIN READ
The Philippine Stock Exchange Index (PSEi) extended its decline on Tuesday while the peso held steady at the record low of P61.75 posted a day earlier,…
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The Philippine Stock Exchange index (PSEi) extended its decline on Monday, falling 35.25 points or 0.59 percent to 5,941.52, as investors remained cautious…
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Wall Street is licking its chops over an unprecedented slate of massive IPOs set to arrive in the coming months, beginning with Elon Musk’s SpaceX in June.
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Employers are urging the government to prioritize economic reforms and national stability to restore investor confidence, boost investments, and protect jobs…
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‘Government-wide, allocation releases programmed for the second quarter have so far reached P1.287 trillion, and it is a must that the social good that this…
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The local currency slid to another record low against the US dollar on Thursday even as the Philippine Stock Exchange Index (PSEi) surged back above the 6,000…
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The PSEI was down 25.20 points, closing at 5,946.78 as sentiment stayed fragile amid uncertainty on the ongoing US-Iran standoff; the peso closed at P61.38 per…
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The Philippine Stock Exchange index (PSEi) slipped 14.87 points, or 0.25 percent, to close at 5,971.98, as investor sentiment weakened amid fading optimism…
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Educators and faculty unions marched to the Commission on Higher Education (CHEd) main office Tuesday to protest a proposal that would cut college General…
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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…
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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,…
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The country’s foreign reserves fell to a 15-month low as the Bangko Sentral ng Pilipinas (BSP) battled a weakening local currency.
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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…
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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…
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If promises were indeed unkept, the current financial problems of the government militates against any attempt to squeeze money from the treasury.
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Vice President Sara Duterte on Tuesday expressed concern over the persistent inflation, the weakening peso and rising fuel prices, at the same time warning…
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