economy

Shares retreat from “overbought” levels

The local bourse pulled back from the heights on Monday after days of being overbought,…

T-bill rates continue fall; Gov’t raises P 20B

As expected, yields on Treasury bills (T-bills) fell further in Monday’s auction amid rate cut…

Malacañang proclaims 19-ha new ecozone in Cavite

A new economic zone in Cavite has been officially proclaimed by the president, along with…

Peru is ‘losing the battle’ against organized crime, business groups say

LIMA — Peru’s business associations said on Friday that the country is “losing the battle”…

Vietnam estimates damages of $3.31 bln from Typhoon Yagi

HANOI — Asia’s strongest storm this year, Typhoon Yagi, caused damages estimated at 81.5 trillion…

Global stocks mostly rise, cheering Beijing stimulus

NEW YORK — Stock markets mostly rose Friday as slowing US and European inflation raised…

Gov’t borrowings in August up 40%

 Gross borrowings of the Marcos administration went up in August as the government sourced more…

Still more room for PSEi to climb

There is still room for the bourse to climb this week, although profit-takers may also…

Sept inflation likely slowed to 2.5%, says poll

The average inflation rate in the Philippines likely decelerated to 2.5 percent in September, thanks…

China’s Pearl River Delta outpaces Tokyo, San Francisco bay areas

Carrying mostly Tsinoy tourists and some Philippine-based journalists, the chartered bus has traversed about 17…