Share prices retreated amid concerns on inflation as well as the peso, which slumped for a second straight trading day to ...
Philippine Daily Inquirer on MSN1h
Rising inflation, weak peso paint PSEI red
Investors took profits as the weak Philippine peso and high inflation forced them to retreat on the sidelines, pushing the ...
Alviar said in a Viber message. “Inflation for May, to be released [on Wednesday], is expected to exceed the government’s target range of 2% to 4%. For Philstocks, we expect inflation to settle at 4.1 ...
The Manila Times on MSN11h
PSEi back at 6,300; peso hits P58.71:$1
THE stock market fell back to the 6,300 level on Tuesday, and the peso also hit a new 19-month low following renewed worries about inflation and key interest rates. The benchmark Philippine Stock ...
Eight detainees escaped from this city’s police station custodial facility on Sunday morning after breaking the metal window ...
“This decline reflects negative investor sentiment due to concerns about rising inflation and a weakening peso,” Philstock ...