Global inflation and peso depreciation against the US dollar may affect the sustained growth of remittances in the Philippines, BMI, a unit of Fitch...
Stocks and the peso fell Thursday after the government reported a weaker-than-expected gross domestic product growth in the second quarter of 2023.
The 30-company Philippine...
Local stocks rebounded Monday, but the Philippine peso tumbled to a two-month low as global crude prices continued to rise.
The Philippine Stock Exchange index,...
Philippine stocks may see volatile trading this week, after the previous week’s massive sell-off, analysts said over the weekend.
They said that while share prices...
The easing of inflation in the United States, the world’s largest economy, is a positive development for global financial markets that could boost the...
The peso strengthened to a three-month high against the US dollar, amid the seasonal increase in remittances for tuition payments and other school-related expenses.
The...
The Philippine Stock Exchange index climbed 68.21 points, or 1.07 percent, to close at 6,466.85 Wednesday, ahead of the highly-anticipated US June inflation report.
Michael...
Local stocks fell to track the movement of Asian markets as a smaller-than-forecast interest rate cut by China’s central bank added to worries about...
Local stocks and the peso moved up Monday as economic managers maintained the 2023 growth forecasts and more companies reported healthy earnings in the...
