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Local markets up on slower US GDP report

MANILA – The Philippine financial market began the trading week on a positive note, an apparent windfall from the slow down …

Local markets end trading week higher

MANILA — Local markets ended the trading week on a positive note after local shares were energized by Wallstreet’s gains and …

Global risk-off sentiment sinks PSEi, peso holds ground

MANILA — Trade war concerns, along with the slide of Wall Street, resulted in the negative close of the Philippine Stock …

Cashalo exec cites importance of financial literacy

MANILA — Several entities offering financial products have tapped financial technology or fintech to more efficiently cater to their target market, …

PSEi down on profit-taking; peso holds steady

MANILA — Profit-taking cut short the Philippine Stock Exchange index’ (PSEi) five-day winning streak but the peso ended little changed during …

Diokno positive on oil excise tax hike suspension

MANILA — Budget Secretary Benjamin Diokno is optimistic that the proposed suspension of the fuel excise tax hike for 2019 will …

Local markets end week with gains amid mix out-turn in Asia

MANILA — Both the Philippine Peso and the main equities gauge ended the week higher even while its regional counterparts went …

TDF rates rise anew

MANILA — The rates of the Bangko Sentral ng Pilipinas’ (BSP) Term Deposit Facility (TDF) continued to rise in step with …

Local markets end flat Tuesday on US-China trade concerns

MANILA — Both the Philippine Stock Exchange index (PSEi) and the Peso ended flat on Tuesday as investors stayed on the …

PH T-bill rates up again

MANILA — The rate of Philippine Treasury bills (T-bills) rose across the board on Monday, with the auction committee awarding in …

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