Stocks rose, but the Philippine peso fell to a new 17-month low of 57.78 against the US dollar Thursday as investors sought the safety of the greenback amid global concerns.
Regional currencies were generally weaker against the US dollar in recent days, with the Japanese yen falling to a three-decade low of 155 per dollar.
Investors were preparing for the release of key US inflation data Friday that could have a...
Stocks extended their gains Wednesday, taking their cue on a positive performance on Wall Street as traders prepared for the release of highly anticipated...
The stock market rose Tuesday on prospects of further economic reopening as COVID-19 cases in the country continue to decline.
The Philippine Stock Exchange Index...
Stocks retreated Monday on profit taking, while the rest of Asian markets fluctuated as a forecast-busting US jobs report reinforced optimism that the world’s...
Tokyo shares opened lower on Monday as worries mounted over a tightening of US monetary policy.
The benchmark Nikkei 225 index dropped 1.21 percent or...
