PSEi rises as peso rebounds from record low
The local bourse rose 0.17 percent to 6,116.53 while the peso appreciated to P62.513 from the previous P62.625 per US dollar. Despite the peso’s recovery,…
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Topic
US-Iran tensions
Latest Daily Tribune news and analysis on US-Iran tensions.
PSEi falls below 6,300, peso weakens
The Philippine Stock Exchange index slipped 0.60 percent while the peso weakened against the US dollar as renewed US-Iran tensions, higher oil prices, and…
· 1 MIN READ
Trump: Iran ceasefire ends
US-Iran tensions escalated over the Strait of Hormuz as Iran struck three ships and threatened fees for passage, prompting US Centcom strikes on 80+ Iranian…
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Blockades
What some of our political leaders have recently shown with their half-intelligible responses to the Gulf crisis provides us no comfort.
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U.S. blockade of Hormuz sparks oil shock fears
The United States’ blockade of the Strait of Hormuz escalates tensions with Iran, threatening global oil supply, raising fuel prices, and putting the…
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Gulf talks fail; war looms anew: China ‘arming’ Tehran
Intelligence suggests Iran may be using the lull to rebuild and rearm.
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PCCI sees de-escalation as Trump pauses Iran strikes
PCCI hopes US five-day pause on strikes against Iran leads to de-escalation, easing fuel price pressures in the Philippines, while warning that declaring an…
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Peso sinks to new record low as market plunges
The PSEi fell 1.98% to 5,899.18 amid US-Iran tensions, with Mining & Oil leading losses. Foreign investors were net sellers, while the peso weakened to a…
· 1 MIN READ
Iran warns ‘finger on trigger’ as Trump says Tehran wants talks
‘I’d rather not see anything happen but we’re watching them very closely.’
· 1 MIN READ