MANILA — The Philippine Stock Exchange Index (PSEi) closed lower on Tuesday, dropping 1.57 percent, or 96.24 points, to 6,037.17, pulling back below the 6,100 level. Investors remained on the defensive amid persistent geopolitical risks abroad and…
MANILA, Philippines – Local stocks closed higher on Tuesday as bargain hunters swooped in on discounted shares, snapping a two-session decline, with foreign investors also returning as net buyers to provide added support. The Philippine Stock Exchange…
Seoul collapsed 10 percent Tuesday in an Asian stock market rout that followed a tech-led sell-off on Wall Street, with investors again questioning a long-running AI-fuelled boom, while oil extended losses on peace talk optimism. While Washington…
Asian shares were mixed in subdued trading early Tuesday, as recent enthusiasm cooled and markets faced uncertainty about efforts to end the war in Iran. Japan’s benchmark Nikkei 225 lost 0.9% in morning trading to 71,681.29. “We’ve…
MANILA – The Philippine Stock Exchange index (PSEi) sustained its rally for the third consecutive day on Wednesday, but the Philippine peso weakened against the U.S. dollar. The local bourse’s main index rose by 0.68 percent to 5,953.17…
Equities mostly rose Tuesday as investors assessed the chances of a Middle East peace agreement, though Donald Trump and Israel’s Benjamin Netanyahu mixed signals over ending Israel’s attacks in Lebanon caused uncertainty. While Wall Street ended with…
MANILA, Philippines — Philippine shares ended marginally lower on Wednesday as investors adopted a cautious stance after President Ferdinand Marcos Jr. raised concerns over possible stagflation risks amid persistent economic challenges. The benchmark Philippine Stock Exchange Index…
MANILA – Weakening prospects for peace talks between the United States and Iran weighed on investor sentiment, pulling down both the Philippine Stock Exchange index (PSEi) and the peso on Tuesday. After opening the week on a positive…
MANILA, Philippines — Philippine equities bounced back on Wednesday, with the benchmark index rising as investors responded positively to easing geopolitical tensions in the Middle East. The improved outlook boosted demand for riskier assets and supported continued…
BEIJING — Asian stock markets were mostly higher Friday after modest Wall Street gains on hopes government and central bank action can shield the world economy from a looming global recession caused by the coronavirus pandemic. Benchmarks…
