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.
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Uncertainties tagged as net FDI nosedives
NET foreign direct investments (FDI) fell to their lowest in more than three years in September, data from the Bangko Sentral ng Pilipinas (BSP) showed on Monday.
PH reserves rise to $101.3B in Nov
THE country's gross international reserves (GIR) increased to $101.3 billion in November, the Bangko Sentral ng Pilipinas (BSP) reported late on Thursday, up $268.6 million from $101.0 billion a month earlier.
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.
Magnitude 6.9 earthquake strikes Mindanao, Philippines region: GFZ
MANILA: A magnitude 6.7 earthquake rattled the southern Philippine region of Mindanao on Friday, the German Research Center for Geosciences (GFZ) said, and while there were no immediate reports of casualties, authorities warned of damage.The quake struck off the shore of Mindanao, near General Santos City at a depth of 60 km (37.3 miles), GFZ said. The German agency earlier reported the magnitude at 6.9.The Philippine seismology agency PHIVOLCS and the Pacific Tsunamic Warning Center said a tsunami was not expected.
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.
PH reserves rise to $101.1B in Oct
THE country's gross international reserves (GIR) rose to $101.1 billion in October, the Bangko Sentral ng Pilipinas (BSP) reported late on Wednesday, up from $98.1 billion a month earlier.
Analysts divided on hike; Balisacan warns of impact
KEY interest rates will likely be increased by 25 basis points (bps) should monetary authorities push through with an off-cycle rate hike, analysts said on Wednesday.