BSP seen matching Fed’s rate cuts if inflation ebbs
The Bangko Sentral ng Pilipinas is expected to match any move by the US Federal Reserve to cut interest rates ...
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Markets mixed on China’s move to cut interest rates
HONG KONG, China—Markets were mixed Monday as China’s decision to cut interest rates again failed to reassure investors, who are ...
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Interest hike remains possible—BSP chief
Bangko Sentral ng Pilipinas Governor Eli Remolona said Friday there is still room for local monetary authorities to increase the ...
Read moreStocks plummet on inflation, rate hike fears
The Philippine Stock Exchange index fell below the 6,300 level Friday amid lingering concerns on possible increase in inflation and ...
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Foreign direct investments fell 34% in May
Net inflows of foreign direct investments fell 34 percent in May to $488 million from $739 million a year ago, ...
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After a pause, US Fed likely to hike interest rates to 22-year high
After pausing in June, the US Federal Reserve is widely expected to hike interest rates again on Wednesday, adopting its ...
Read moreMarket rises on hope rate hikes will end
Local shares kept their upward momentum, sending the benchmark Philippine Stock Exchange index above the 6,600 level as concerns about ...
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IEA trims forecast on oil demand as interest rates bite
PARIS, France—The IEA trimmed its forecast for 2023 oil demand for the first time this year as macroeconomic headwinds including ...
Read moreBank loans post slower growth on elevated inflation
The outstanding loans of universal and commercial banks posted a slower growth of 9.4 percent in May from 9.7 percent ...
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Markets mixed as up beat US data outweigh rate concerns
HONG KONG, China - Asian markets were mixed Wednesday as investors weighed data showing the US economy remained resilient in ...
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Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.