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MIXED ANEW. The Philippines main equities index ended Thursday (Feb. 2, 2023) down following the widely expected 25 basis point increase in the Federal Reserve's key rates. However, the peso gained against the US dollar and even climbed to the 53-level. (PNA graphics) MANILA - The widely expected 25 basis point increase in the Federal Reserve's key rates resulted in the negative close of the local bourse's main index on Thursday but the peso improved against the United States dollar....

UP. The local bourse's main index recovered on Wednesday (March 1, 2023) despite the decline of its United States counterparts, ending days of slide caused by concerns on inflation and the path of Federal Reserve tightening moves. The peso rose anew against the US dollar due in part to the PSEi's rise and the better-than-expected budget gap of the government for 2022. (PNA graphics) MANILA - The local bourse recovered on Wednesday despite the negative close of United States equities whil...

UP. The local bourse's main index recovered on Wednesday (March 1, 2023) despite the decline of its United States counterparts, ending days of slide caused by concerns on inflation and the path of Federal Reserve tightening moves. The peso rose anew against the US dollar due in part to the PSEi's rise and the better-than-expected budget gap of the government for 2022. (PNA graphics) MANILA - The local bourse recovered on Wednesday despite the negative close of United States equities whil...

WORRIED INVESTORS. Concerns on the next policy rate decision of the Federal Reserve continue to worry investors, resulting in another negative close of the local bourse's main index on Thursday (Feb. 23, 2023). On the other hand, the peso improved against the US dollar partly on the robust inflows of foreign portfolio investments and the ratification by the Senate of the Regional Comprehensive Economic Partnership trade deal. (PNA graphics) MANILA -- Risk-off sentiments continued to weigh on...

DOWN. The local bourse slipped Monday (Feb. 27, 2023) as it tracked US counterparts' finish last Friday and also due partly to investors' decision to stay at the sidelines ahead of some major economic reports both here and in the US. The peso weakened against the US dollar on the decline of the PSEi. (PNA file photo) MANILA - The decline in United States' equity markets last week, along with hawkish signals from Federal Reserve officials, resulted in the negative close of the local b...

Have happened. >> dr. siegel: last question, cdc is known for its intervention, clinics it sets up health support. what can you do on the ground in this emergency to develop health support? >> a couple of things, we have staff today at the epa welcome center, i invite people to come down and get information. we are working with local and st state departments and you can take the ace survey by making an appointment at the clinic. >> dr. siegel: thank you for joining us today. back to you, ainsley...

LACK OF CATALYSTS. The lack of positive catalysts to drive a market rally resulted in the negative close of the Philippine Stock Exchange index (PSEi) on Wednesday (Feb. 22, 2023). The peso tracked the main index due to geopolitical issues overseas. (PNA graphics) MANILA - The local stock barometer closed lower on Wednesday amid a lack of positive catalysts to drive a market rally while the peso trailed behind. The Philippine Stock Exchange index (PSEi) shed 1.50 percent, or 101.73 points, to 6,...

MIXED. Positive earnings reports by local listed firms lifted the Philippine Stock Exchange index (PSEi) on Tuesday (Feb. 21, 2023), an improvement after several days of slide. On the other hand, the local currency weakened against the US dollar partly on investors' concerns on the elevated inflation rate and the path of the Federal Reserve's key rates. (PNA graphics) MANILA - The local bourse's main index recovered on Tuesday after a three-day decline, boosted by positive earnings r...

WAIT-AND-SEE STANCE. Concerns on elevated inflation rate and the rate adjustment decisions by monetary authorities here and in the United States resulted in the negative close of both the local bourse's main index and the peso on Friday (Feb. 17, 2023). Economists said investors remain on wait-and-see stance for the key rate decisions of the Bangko Sentral ng Pilipinas (BSP) and the Federal Reserve, both of which are expected to raise their respective rates by at least 50 basis points this y...

SIDEWAYS. Both the Philippine Stock Exchange index (PSEi) and the peso finished trade sideways on Thursday (Feb. 16, 2023) despite the higher-than-expected expansion in US' retail sales last January. Anticipations for further hikes in the Federal Reserve and the Bangko Sentral ng Pilipinas' (BSP) key rates also continued to factor in the daily trading. (PNA graphics) MANILA - Both the local bourse's main index and the peso ended Thursday sideways amidst the higher-than-expected Janua...