Stay updated with breaking news from O 3. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Logan Cooley said he can't wait to play for the United States at the 2022 IIHF World Junior Championship in Edmonton from Aug. 9-20, the start of a season that will continue at the University of Minnesota and could conclude with the Arizona Coyotes.
MIXED RESULTS. The main stocks index slipped on Friday (Aug. 5, 2022) after rising for several days ahead of the new rebalancing in the local bourse and the release of the July 2022 jobs report in the US. On the other hand, the peso gained compared to the US dollar. (PNA file photo) MANILA - The main equities index ended its rally on Friday after the rebalancing in the local bourse and ahead of the release of the US jobs report but the peso gained against the greenback. After a three-day rally, the Philippine Stock Exchange index (PSEi) lost 1.20 percent, or 77.61 points, to 6,405.50 points. A...
WAIT-AND-SEE STANCE. Bargain hunting buoys the local bourse's main index on Wednesday (July 27, 2022) as markets await another rate hike decision from the Federal Reserve. The Philippine peso, however, slipped but remained at the 55-level against the greenback. MANILA - Bargain hunting lifted the local stock barometer on Wednesday amid worries about the US economy, while the peso weakened but managed to remain at the 55-level against the US dollar. The Philippine Stock Exchange index (PSEi) rose by 0.22 percent, or 13.76 points, to 6,236.76 points. All Shares followed with an increase of 0...
POSITIVE SENTIMENT. Upbeat sentiments from the US bouys both the main equities index and the peso on Monday (July 18, 2022). Among others, US reported on Friday the 1-percent increase in retail sales last June, higher than the 0.9 percent expectations. MANILA - The main equities index recovered on Monday while the peso gained against the greenback due partly to positive economic news from the United States. After sliding for most of last week, the Philippine Stock Exchange index (PSEi) gained by 1.19 percent, or 73.52 points, to 6,268.78 points. All Shares followed with a jump of 0.73 percent,...
WEAK PERFORMANCE. Expectations for further tightening of monetary policies both here and abroad result in the negative finish of the local stock barometer and the slide of the peso against the US dollar on Friday (July 15, 2022). An analyst said negative earnings reports of some listed firms in the US also contributed to the weak performance of the main equities index. MANILA - Worries on further tightening of monetary policies contributed to the negative close of the local bourse's main index on Friday and the slide of the peso against the US dollar. The Philippine Stock Exchange index (P...