Markets
ETF market gets makeover push from PSE
The Philippine Stock Exchange (PSE) is taking steps to revitalize the country’s exchange traded fund (ETF) market, citing persistent liquidity challenges that have undermined the performance of its sole ETF product. The First Metro Philippine Equity Exchange Traded Fund (FMETF), which tracks the PSEi benchmark, has seen lackluster trading, with shares closing at P105.60 on Friday—down from a 52-week high of P121.50.
EU steps forward as U.S. reassesses global trade role
The 55th WTCA Global Business Forum (GBF), hosted jointly by the World Trade Centers Association and WTC Marseille Provence, ignited critical discussion on global trade dynamics, with the European Union’s evolving role taking center stage amid shifting U.S. trade policy.
US markets plunge amid rising China trade tensions
U.S. shares tumbled on Thursday as mounting trade tensions with China overshadowed initial relief from President Donald Trump’s earlier decision to delay higher tariffs on America’s trading partners.
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.
