Tag: Peso

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Peso slides, stocks stall as caution builds

Markets Context.ph Context.ph -
Philippine financial markets are in a consolidation phase, with the peso and equities under pressure as tighter monetary conditions and inflation concerns weigh on sentiment.

Peso stalls, stocks drift amid global uncertainty

Economy Context.ph Context.ph -
The Philippine peso edged weaker last week, pausing after two consecutive weeks of gains as the dollar-peso pair settled into a narrow trading band.

Volatility to persist as PSEi tests support

Markets Context.ph Context.ph -
Philippine financial markets are expected to remain fragile this week, with investors bracing for continued volatility as risk aversion dominates sentiment and the benchmark index struggles to regain footing above key levels.

Peso falls to record low vs USD as Iran retaliates, oil soars

Banking & Insurance Context.ph Context.ph -
The Philippine peso tumbled to a fresh record low on Thursday, breaching the P60-per-dollar mark, as escalating geopolitical tensions in the Middle East and surging oil prices rattled markets and drove investors toward the safety of the US dollar.

Philippine stock to stall near resistance, peso to test lows

Markets Context.ph Context.ph -
Philippine financial markets could face choppy trading ahead as investors weigh technical resistance levels in equities against fresh pressure on the peso from global risks, including elevated oil prices.
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PH, US seek broader economic ties under new envoy

Economy 0
President Ferdinand R. Marcos Jr. signaled a renewed push to deepen economic and commercial ties with the United States as he welcomed newly appointed US Ambassador Lee Lipton to Malacañang on Tuesday, underscoring that the alliance between the two countries extends well beyond security cooperation.

Meralco targets new income record; eyes gas-fired plants in VisMin

Energy & Mining 0
The Manila Electric Co. (Meralco) is confident it can exceed last year’s record net income of ₱50.57 billion, citing rising electricity demand and stronger business performance.

Cement industry charts lower-carbon future, sustainable growth

Energy & Mining 0
The Philippine cement industry has unveiled a long-term roadmap to sharply reduce carbon emissions by 2050, seeking to reconcile the country's growing demand for cement with mounting pressure to decarbonize one of its most emissions-intensive industries.

Water execs meet LGUs preparatory to El Nino risks

Environment 0
The National Water Resources Board (NWRB) has brought together Metro Manila local government units and key national agencies to prepare coordinated measures against the expected impact of El Niño on water resources.

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