Markets
Economy shows resilience amid global trade shifts
Finance Secretary Ralph G. Recto on Thursday highlighted the Philippine economy's resilience amid global trade disruptions, emphasizing the government's efforts to attract more investors through the CREATE MORE Act.
Trade tensions, investor caution push gold prices to record high
Gold prices surged to a new record high of USD3,164 per ounce, driven by heightened risk aversion following President Donald Trump’s tariff announcement.
US FDA official’s resignation hits drug shares
American drug companies, led by Moderna and Novavax, suffered significant stock market losses on Monday after the top vaccine official of the US Food and Drug Administration (FDA) announced his resignation.
Improving CPI bodes well for equities – analyst
The equities faced a subdued market in the first quarter of 2025, as a lack of strong positive catalysts kept investor sentiment in check, the head of equities markets at the insurer Manulife said on Friday.
Duterte arrest matters none to PSE at this point
The arrest of former President Rodrigo Duterte has yet to significantly impact the Philippine stock market, as investors remain more focused on external factors like US President Donald Trump's tariff policies, the Federal Reserve, and the broader performance of US markets.
