Local banks remain resilient despite headwinds
The Philippines banking industry remained resilient and strong despite global headwinds such as the rising interest rates, the geopolitical crisis ...
Read moreTag: interest rates
US economy slows on pessimism over high interest rates
Washington, United States—US economic activity eased in recent weeks, while uncertainty and “increased pessimism” clouded the country’s outlook amid high ...
Read more
PH economy to pull through ‘very difficult challenges’, says Medalla
The Philippine economy will pull through “very difficult challenges” such as high inflation and interest rates, Bangko Sentral ng Pilipinas ...
Read more
Share prices expected to sustain momentum
Shares prices are expected to sustain their upward momentum this week on hopes that interest rate hikes would soon ease. ...
Read moreAsian markets rise ahead of Fed decision
Hong Kong, China—Most markets rose Monday ahead of a crucial Federal Reserve policy meeting later in the week, with investors ...
Read moreEuro back above the dollar on big rate hikes
New York, United States - The euro on Wednesday jumped back above parity with the dollar, the US currency sliding ...
Read moreUS economic prospects bleak amid high rates
WASHINGTON, United States—Economic prospects are becoming “more pessimistic” in the United States on growing worries of weaker demand, the Federal ...
Read more
Government to hike interest rates
PBBM says policy aims to tame inflation, arrest freefall of peso President Ferdinand Marcos Jr. said the government will raise ...
Read moreAnalysts expect volatile trading on inflation worries
Analysts expect volatile trading this week, as global economic headwinds continue to weigh on market sentiments. Rising inflation and interest ...
Read moreEurozone needs more rate hikes, says German CB
BERLIN, Germany—Higher interest rates are necessary in the eurozone, whose central bank has joined others around the world in hiking ...
Read more
Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.