By Joann Villanueva/Philippine News Agency
MANILA – Risk aversion ruled the trading floor on Wednesday after the International Monetary Fund (IMF) trimmed its global growth forecast for this year and 2020, affecting...
By Leslie Gatpolintan/Philippine News Agency
MANILA – Socioeconomic Planning Secretary Ernesto Pernia on Wednesday said the Philippines will likely advance to an upper middle-income status in 2020 despite slower economic expansion in...
By Joann Villanueva/Philippine News Agency
MANILA – Tamed expectations of a 50-basis point cut in the Federal Reserve’s key rates next week weakened the Philippine peso Tuesday but the Philippine Stock Exchange...
By Joann Villanueva/Philippine News Agency
MANILA – The Bangko Sentral ng Pilipinas (BSP) maintained at PHP80 billion the Term Deposit Facility (TDF) offer volume for this week, a repeat of last week's...
By Joann Villanueva/Philippine News Agency
MANILA -- The Philippine peso ended Monday little changed amid the strengthening of the US Dollar but the Philippine Stock Exchange index (PSEi) declined due to lingering...
By Joann Villanueva/Philippine News Agency
MANILA -- Investors' expectation of as much as a 50-basis point cut in the Federal Reserve’s key rates late this month further lifted the Philippine Stock Exchange...
