Middle East tensions hit peso, stocks
THE peso fell for a fourth straight trading day on Monday, and the stock market also dropped to its lowest in nearly three months as sentiment was hit by tensions in the Middle East.
Luis Limlingan latest news
‘Now is best time for PAL to sell’
MANILA, Philippines — This is the best time for flag carrier Philippine Airlines (PAL) to sell a portion of the company, as investors are attracted to buy into it with travel and tourism picking up momentum, according to analysts.
PSEi lower, peso down 35 centavos
THE peso fell and the stock market edged lower to start the trading week, weighed down by news of declining foreign investments and investor wariness ahead of central bank meetings this week.
Peso, stocks end up at trading week's close
THE peso edged up and the stock market also closed higher to end the week on a positive note.
Peso, stock market lifted by slower-than-expected US inflation
THE peso and the stock market both rose on Wednesday following news that US inflation had slowed more than expected in October.
Diesel price down next week; gasoline up
MOTORISTS and direct fuel consumers can expect a mixed movement in the prices of petroleum products next week.
PH stocks retreat as investors weigh Biden’s Israel visit
Philippine stocks finished lower Wednesday as investors took time to analyze the latest movement in US bond yields and corporate earnings.