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September 2, 2024
Morning, everyone. Welcome to cnn thiS Morning it is sunday, september 1. Im amara walker. Im Victor Blackwell. Thank you for joining us. WerE Following Breaking News out of gaza thiS Morning. They israeli militarY Says it recovered the body hes up six hostages from an underground tunnel in gaza on saturday the idf has identified all six bodies which include israeli american Hersh Goldberg, polin the israeli Defense Minister, said the hostages were killed just before troops could reach them. Bec...
November 27, 2023
Crash report says a driver failed to yield, striking the victim's van and pushing it into a third vehicle
February 3, 2023
HIGHER. The Philippines' main equities index ended Friday (Feb. 3, 2023) up partly on positive earnings report of local and US-based listed firms. The peso gained further against the US dollar and posted a new low in more than seven months on the back of the improvement in the PSEi, the drop in the country's liabilities, and the general weakness of the US dollar. (PNA graphics) MANILA - Positive earnings reports of listed firms here and in the United States helped boost the local bourse&...
February 1, 2023
UP. Amidst inflation concerns, among others, the Philippine Stock Exchange index (PSEi) recovered and finished Wednesday (Feb. 1, 2023) up. The local currency gained against the US dollar even ahead of the rate decision announcement by the Federal Reserve. (PNA graphics) MANILA - Risk-on sentiments returned to the local financial market on Wednesday amid inflation concerns, among others, and allowed both the main equities index and the peso to close the day with gains. After several days of slid...
January 27, 2023
EXPANSION. The Philippine Stock Exchange index (PSEi) gained on Friday (Jan. 27, 2023) after the better-than-expected growth of the US economy in the last quarter of 2022, as well as the higher-than-expected full-year output of the Philippine economy last year. On the other hand, correction resulted in the sideways close of the peso against the US dollar. (PNA graphics) MANILA - The higher-than-expected expansion of the domestic economy and the United States last year lifted sentiments and helpe...
January 26, 2023
DIFFERENT DIRECTIONS. Within-expected growth of the domestic economy in the last quarter of 2022 factored in the day's equities trading although investors' appetite was primarily driven by wait-and-see stance for more corporate earnings reports by listed firms in the local bourse and the US. On the other hand, the peso gained against the US dollar. (PNA graphics) MANILA - The local stock barometer ended Thursday down as investors monitored corporate earnings reports of listed firms both ...
January 25, 2023
DIFFERENT DIRECTIONS. The local bourse's main index and the peso post corrections on Wednesday (Jan. 25, 2023) due partly to external factors. However, while the Philippine Stock Exchange index rose, the local currency weakened against the US dollar. (PNA graphics) MANILA - The local stock barometer recovered on Wednesday on positive earnings report from the United States but the peso weakened against the US dollar. The Philippine Stock Exchange index (PSEi) rose by 0.57 percent, or 39.86 po...
January 24, 2023
MIXED. The Philippine Stock Exchange index (PSEi) finishes Tuesday (Jan. 24, 2023) in the negative territory on more signs of weaker output for the United States economy this year. However, the peso gained against the US dollar on general weakness of the greenback. (PNA graphics) MANILA - Signs of slowing United States economy resulted in a slip of the local stock barometer on Tuesday but the peso posted an improvement against the US dollar. The Philippine Stock Exchange index (PSEi) shed 0.40 p...
January 23, 2023
RESILIENT. The Philippines' main stock index ended up Monday amidst the trading holiday in Asian markets due to the Chinese New Year. The peso also kept its footing and ended flat against the US dollar partly due to dovish statements from Philippine and US monetary authorities as well as the rise of the Philippine Stock Exchange index (PSEi). (PNA file photo) MANILA - The local bourse managed to end higher in the week's first trading day amidst the suspension of trading in Asia due to th...
January 20, 2023
RECESSION FEARS. Philippines' main stocks index ended the week sideways after rising to the 7,000-level in the middle of this week as investors continue to see sustained hikes in the Federal Reserve's key rates this year. Relativey, recession fears, among others, affected the peso's trading with the US dollar this week despite the depreciation of the greenback against other major currencies. (PNA graphics) MANILA -Both the local bourse's main index and the peso ended the week sid...