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Retaliatory tariffs hurt U.S. Spirits companies
For spirit producers like Brown-Forman, maker of Jack Daniel's whiskey and other alcoholic beverages, the news felt like a splitting headache after a long night. On Wednesday, shares of Brown-Forman dropped 5% due to the escalating trade tensions between the U.S. and some of its closest allies.
AirAsia PH to go public, eyes expansion with IPO
AirAsia Philippines said Wednesday it plans to list on the Philippine Stock Exchange (PSE) within a year to support its growth and expansion efforts.
President Marcos defends decision to allow Duterte arrest by Interpol
President Ferdinand Marcos Jr. on Tuesday said that former President Rodrigo Duterte was lawfully arrested by Interpol agents on the strength of warrant issued...
BSP views gold as risky investment, eyes optimal ratio
Gold, as an asset, isn’t considered a favorable investment by the Bangko Sentral ng Pilipinas (BSP), as it typically leads to a negative carry due to custodial costs and price volatility.
BSP remains committed to an easing cycle
The Bangko Sentral ng Pilipinas (BSP) remains committed to easing monetary policy, but the pace and magnitude of interest rate cuts, as well as...
