Peso may reach P63 per USD amid Gulf risks
The Philippine peso could weaken to a record low of P63 against the US dollar in the coming months as escalating tensions in the Middle East, a stronger…
· 2 min read
Daily TribuneTopic
The Philippine peso could weaken to a record low of P63 against the US dollar in the coming months as escalating tensions in the Middle East, a stronger…
· 2 min read
Investor sentiment remained constructive even as the peso strengthened, P61.435 per US dollar, improving from P61.491 previously.
· 2 min read
The local government of Quezon City on Sunday disclosed that Covid-19 cases in the city surged by more than 265 percent over the past three weeks, with young…
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Petrochemical companies mainly in South Korea and Japan have scaled back production capacity, sending the cost of basic goods such as plastic bags surging.
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Bargain hunters returned to the local bourse following Wednesday’s steep selloff, accumulating beaten-down blue chips, particularly International Container…
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The Philippine Stock Exchange Index (PSEi) reversed sharply yesterday by 134.85 points, or 2.20 percent, closing at 5,991.37, while the peso weakened further…
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SpaceX is heading into one of the biggest initial public offerings in history with a $1.77-trillion valuation, but some investors and analysts are questioning…
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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…
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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…
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LONDON, United Kingdom (AFP) — The UK government said Wednesday that it had eased sanctions on imports of Russian jet fuel and diesel refined in third…
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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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Heading into the European trading session on 18 May, the US dollar (USD) continued to strengthen, reaching 99.25 — its highest level since 8 April — amid…
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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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Despite a 20 percent decline in gold sold in Q1, Apex Mining’s net income climbed to P2.82 billion in the first quarter, from P1.45 billion a year earlier, or…
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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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The Bureau of Internal Revenue (BIR) filed a criminal complaint Thursday with the Department of Justice against Lobelle Commodities Corp. for allegedly evading…
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