Sunday, May 3, 2026
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Tag: global financial crisis

Metro Manila office vacancy matches level during ‘09 global financial crisis

The office vacancy rate in Metro Manila hit 14.4 percent in the third quarter, matching the level in the fourth quarter of 2009, widely-considered...

Crunch time for Evergrande, but it’s no ‘Lehman moment’

Hong Kong, China—With the future of Evergrande hanging in the balance, global markets have plunged on fears that one of China’s biggest developers could...

Poll: Business confidence in Japan lowest since ‘09 crisis

Tokyo"•Confidence among major Japanese manufacturers has plunged to its worst level since the global financial crisis, a key survey showed Wednesday, as the coronavirus...

Fed orders major banks to stop share repurchases

Washington—The Federal Reserve on Thursday ordered 34 major US banks to suspend share buybacks in the third quarter and limit dividend payments to shareholders. The...

A data driven revolution for a better future

By Titon Mitra Resident Representative, UNDP Philippines In a matter of months, over 3 million people have been infected, hundreds of thousands have died, health systems...

Australian house prices falling faster

Sydney"•Australian property prices fell faster in the past year than at any time since the global financial crisis, a closely watched report said Wednesday,...

Wall Street stocks end worst in 10 years

New York, United States—The US stock market concluded its worst year since the global financial crisis on Monday following a late-season collapse that also...

Markets stagger towards yearend

New York — World stock markets staggered Monday towards the end of their worst year since the global financial crisis a decade ago, rocked...

Malacañang unfazed by peso’s slide

MALACAÑANG on Friday allayed fears over the depreciation of the peso which reached P50-a-dollar for the first time in eight years, saying that the...

Peso falls toward 50 per US dollar

The peso depreciated further Thursday toward the 50-per-US dollar level, the weakest in nearly eight years, amid the lingering uncertainties on the policy of...

Peso slides to 8-year low of 49 per US dollar

The peso depreciated to 49 per US dollar Monday, the lowest in almost eight years, amid global uncertainties following the result of the presidential...

Peso falls to 7-year low of 48.33 a dollar

The peso slid to a new seven-year low against the US dollar on Thursday, losing P0.08 to close at 48.33 from 48.25 Wednesday. It was...
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