Thursday, May 21, 2026
Today's Print

Tag: Federal Reserve

Asian stocks, yuan sink as trade feud escalates

By Danny McCord Hong Kong—Asian equity markets tanked and the yuan hit an 11-year low Monday after US President Donald Trump ramped up his trade...

Asian stocks dip before Powell speech

Hong Kong, China—Equities stuttered in Asia on Wednesday as investors took a step back after recent gains, with a focus now turning to a...

Economists expect US recession in 2020 or 2021

Washington"•A majority of economists expect a US recession in the next two years, but have pushed back the onset amid Federal Reserve actions, according...

Market rebounds; FPH advances

Stocks rebounded Friday ahead of closely watched US jobs data which could determine the next policy move by the Federal Reserve. The Philippine Stock Exchange...

Economy ‘likely’ grew slightly higher than 6%

The economy likely grew “slightly higher” than 6 percent from January to March this year, aided by poll spending, construction, investments, and manufacturing, central...

Trump renews call on Fed to cut rate

By Heather Scott Washington"•The US central bank opened its third policy meeting of the year on Tuesday under renewed attack from President Donald Trump, who...

Global stocks mixed ahead of Fed decision

New York"•Global stocks were mixed Tuesday ahead of a Federal Reserve decision on monetary policy and while investors digested varied economic data from the...

Stocks jump on dovish Fed tone

The stock market surged Thursday after a surprisingly dovish Federal Reserve indicated it would not lift interest rates this year and sounded a note...

Bank manager guilty of money laundering, gets 32 years in jail

A former branch manager of the Rizal Commercial Banking Corp. was sentenced to at least 32 years in jail and fined $109 million Thursday...

Trump attacks US Fed again over rate hikes

Washington—US President Donald Trump on Tuesday renewed his attack on the US Federal Reserve’s monetary policy, blaming the central bank’s interest rate hikes for...

Trump backs treasury boss despite reports

WASHINGTON—Donald Trump on Friday praised the work of his treasury secretary after a report said the president was dissatisfied with his pick and blames...

Peso falls to new 13-year low of 54.32 per dollar

The peso closed at a new 13-year low against the US dollar Thursday after the Federal Reserve indicated more rate hikes are coming, a...

Duterte bonds

A bond is a promise by a company or government to repay principal (the amount borrowed) plus interest to an investor at a specified...

Market gains; ICTSI, Globe rise

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