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...
Philippine stocks rebounded Wednesday from nine straight days of losses on bargain hunting.
The 30-company Philippine Stock Exchange index climbed 45.07 points, or 0.70 percent,...
The Philippine Stock Exchange (PSE) said Tuesday it will initiate the delisting process for Abra Mining and Industrial Corp., after the company and its...
