MANILA – Declining crude oil prices helped ease negative investor sentiment and allowed both the Philippine Stock Exchange index (PSEi) and the Philippine peso to recover on Tuesday. The local bourse’s main index rose 1.13 percent to 5,945.71…
MANILA, Philippines — The Philippine peso could slide beyond the 64-per-dollar mark if renewed tensions in the Middle East trigger another surge in global oil prices, according to MUFG Global Markets Research. In a market note, the…
MANILA, Philippines — The Philippine peso weakened further on Tuesday, April 28, hitting a new all-time low as it hit the 61-per-dollar level, with markets on edge over geopolitical tensions and key central bank meetings this week.…
