Peso rebounds as BSP vows to take steps to manage market disruptions
The peso rebounded Tuesday after hitting a new low of 59 a dollar a day earlier, as most financial markets ...
Read moreTag: interest rates
Australia increases rates below forecast, boosting stocks
Sydney, Australia―Australia raised interest rates less than expected Tuesday, boosting stocks and dragging the local dollar lower, as officials grow ...
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Stock market rebounds on bargain-hunting
Stocks rebounded Monday on bargain-hunting after the benchmark index plunged 8.3 percent last week amid concerns on rising inflation and ...
Read moreVolatile trading expected at start of Q4
Trading at the local stock market is expected to remain volatile at the start of the fourth quarter as global ...
Read moreDollar dips after rally; Asian stocks stabilize
HONG KONG, China—The dollar lost a little of its strength Tuesday after starting the week by surging against major peers, ...
Read moreECB to keep raising rates, says Lagarde
FRANKFURT, Germany—The European Central Bank expects to keep hiking interest rates to combat soaring inflation, its president Christine Lagarde said ...
Read moreFed set to raise interest rates as recession fears mount
WASHINGTON, United States—The Federal Reserve is poised to roll out another big increase in interest rates Wednesday as it tries ...
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Peso drops further to 57.43 a dollar
The peso sank to a new all-time low against the US dollar Friday as investors anticipated the US Federal Reserve ...
Read moreConcerns on weak peso to affect stocks
Share prices are expected to move sideways with a downward bias this week amid lingering concerns on rising inflation and ...
Read morePeso falls to 57 vs. dollar before closing at 56.99
The peso fell to a new all-time low against the US dollar Monday on the possibility of more US Federal ...
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Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.