economy

Trump victory bad for Philippine stocks?

It’s official: Republican candidate Donald Trump has won the US presidential elections. Coupled with the…

Bargain hunters may buoy bourse this week

Investors hunting for cheap stocks may yet save the bourse this week after it plunged…

Trump 2.0 seen bad for PH remittances

Remittances to the Philippines and receipts from the business process outsourcing sector could take a…

PSEi surrenders 7,000 on Trump win

The local bourse surrendered its hard-fought 7,000 level on Friday as investors continued to price…

Foreign debt payments trimmed GIR in October

Foreign currency withdrawals made by the government to pay some of its offshore debts trimmed…

Dec rate cut likely amid slow Q3 GDP growth

The slower-than-expected economic growth in the third quarter would help justify another potential rate cut…

PH GDP growth slowed sharply to 5.2% in Q3

Philippine economic growth slowed sharply to 5.2 percent in the third quarter, from the revised…

US writes off over $1B of Somalia debt

NAIROBI — The United States and Somalia reached an agreement on Tuesday for Washington to…

Spain unveils $11-B aid plan after catastrophic floods

VALENCIA — Spain announced Tuesday an aid package worth 10.6 billion euros ($11.5 billion) to…

Dollar soars, bitcoin hits record, stocks gain as Trump win seen

HONG KONG — The dollar surged and bitcoin hit a record high Wednesday while most…