The peso tumbled to 50 per US dollar Wednesday, the lowest in six weeks, as financial markets reacted negatively to President Rodrigo Duterte’s declaration...
BEIJING"•Moody’s on Wednesday slashed China’s credit rating for the first time in almost three decades citing concerns about the country’s rising debt and slowing...
JOHANNESBURG"•Credit ratings agency Standard and Poor’s downgraded South Africa’s rating to junk status on Monday, as pressure on President Jacob Zuma grows following a...
Finance Secretary Carlos Dominguez III defended President Rodrigo Duterte in the international community, saying his governance style is “non-traditional,” as the country’s top economic...
South Korea’s credit rating was increased one level by Standard & Poor’s, which cited the nation’s steady economic performance, sound fiscal position and flexible...
