In China, Beijing unveiled sweeping consumption-boosting measures including income hikes and childcare subsidies, days after ...
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Both the local shares and the currency fell on Tuesday’s trading amid fresh tariff threats made by United States President ...
MANILA] The Philippine economy can grow as much as 7 per cent this year, aided by interest-rate cuts that will support ...
The Philippine economy can grow as much as 7% this year, aided by interest-rate cuts that will support investment and ...
The Manila Times on MSN9d
Peso, stocks rise after Fed meet
THE peso and stock market rose on Thursday, boosted by gains on Wall Street that were due to the US Federal Reserve's maintaining its outlook of two interest rate cuts this year.
THE peso fell further on Wednesday, but the stock market snapped a three-day decline by rebounding just before trading ended.
Philippine Central Bank Governor Eli Remolona said “a few more rate cuts” are on the table in the absence of any economic surprises, but will remain on guard against excessive currency movements.
THE PESO may hit a record low of P60 against the US dollar this year amid heightened uncertainty arising from US President Donald J. Trump’s protectionist policies, a Bank of the Philippine Islands ...