Economy

Peso rises to 50-level, but local stocks slip

By Joann Villanueva/Philippine News Agency MANILA -- The Philippine peso appreciated against the US dollar Tuesday but the Philippine Stock Exchange index (PSEi) slipped after investors stayed on the sidelines as US...

PSEi rise, peso sideways ahead of FOMC, US-China meetings

By Joann Villanueva/Philippine News Agency MANILA – The Philippine Stock Exchange index (PSEi) ended Monday up even ahead of the Federal Open Market Committee (FOMC) meeting decision, among others, while the peso...

Online stock broker sees PSE index hitting 9,100-level next year

By Leslie Gatpolintan/Philippine News Agency MANILA -- Online stock brokerage COL Financial sees corporate earnings growing 13 percent this year, boosting the rise of the Philippine Stock Exchange index (PSEi) to 8,600...

Peso ends week sideways, PSEi down on investors’ concerns

By Joann Villanueva/Philippine News Agency MANILA – The Philippine peso was little changed against the US dollar after investors’ hopes for a cut in the European Central Bank’s (ECB) key rates were...

IMF official: PH economy to remain robust

By Joann Villanueva/Philippine News Agency MANILA – An official of the International Monetary Fund (IMF) said the lender's 2019 growth forecast for the Philippines, which was slashed by 0.5 percentage points to...

Local markets bounce back in Thursday trading

By Joann Villanueva/Philippine News Agency MANILA -- The Philippine Stock Exchange index (PSEi) climbed to the 8,200-level on Thursday, while the peso ended the day stronger, partly due to hopes of unchanged...

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