Business

Local shares surge on rate cuts, peso depreciates

MANILA – The local bourse surged on the last day of trading this week as investors took positive cues from the monetary policy easing,...

PSEi slips on profit-taking, peso stays at 56-level

MANILA – Local shares slipped in Thursday’s trading on profit-taking, while the peso stayed at the 56 level against the dollar for the third...

Strong peso continues to lift local index

MANILA – The Philippine Stock Exchange index (PSEi) closed higher for the second straight trading day as the peso continued to trade at the 56...

Peso strongest in 4 months, backs local index

MANILA – The Philippine peso closed Tuesday with its strongest finish in nearly four months, bouncing back to the 56 level to the US dollar. The...

Mindanao Container Terminal welcomes new China-PH service

Mindanao Container Terminal (MCT), International Container Terminal Services, Inc.’s operation in Tagoloan, Misamis Oriental, Philippines, recently received the inaugural call of SITC’s new China-Philippines...

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