Philippine shares ended the week in the red as investors raised concerns that the recent rate cut signals weakness in the domestic economy.
The weakening...
Local shares succumbed to profit-taking on Thursday after two straight days of gains.
The index also fell even though the Bangko Sentral ng Pilipinas (BSP)...
Philippine shares rallied for a fourth consecutive day Friday, lifted by global stock gains and optimism about further monetary easing.
The 30-company Philippine Stock Exchange...
The Philippine Stock Exchange index (PSEi) gained for the third straight day, following the U.S. Federal Reserve’s first policy rate cut of the year.
The...
Philippine stocks tumbled Thursday, pulling the main index back below the 6,200 level, despite a 25-basis-point rate cut by the Bangko Sentral ng Pilipinas...
