Stocks barely budge on Wall Street; S&P 500 just shy of high
NEW YORK — Stock indexes barely budged on Wall Street Friday, leaving the S&P 500 just shy of its record once again. A woman wearing a mask passes a sign…
Inflation hits 6-month high | Inquirer Business
The lack of public transportation while more Filipinos returned to work during the gradual easing of the lockdown pushed transport costs higher for the second straight month in July, pushing…
Wall Street down after worldwide slide; gold at record high
Stocks closed broadly lower for the second day in a row Friday as Wall Street gave back some of its gains from a mostly solid July rally. An American flag…
Treasury: 5-year RTBs hit ‘record high’ sales during offering’s first week
MANILA, Philippines — The ongoing sale of five-year retail treasury bonds (RTBs) has already exceeded the record P310.8 billion issued at the start of the year as investors from overseas…
Stocks rise on vaccine hopes; S&P 500 back within 5% of high
NEW YORK — Markets worldwide rallied on rising hopes for a COVID-19 vaccine Wednesday, and the S&P 500 climbed back to where it was a few days after it set…
Gov’t’s foreign loans boost PH dollar stash in June to another record high
MANILA, Philippines — The Philippines’ dollar reserves inched up to another historic high in June thanks to inflows from the government’s overseas borrowings to fund its drive against the coronavirus…
PH debt further rose to new high of P8.89 trillion in May
MANILA, Philippines — With more foreign loans and domestic borrowings availed in May to finance the fight against COVID-19, the national government’s outstanding debt stock further climbed to a fresh…
Gov’t loans push PH dollar reserves to historic high in May
The Philippines’ dollar reserves hit a historic high in May —at the peak of the COVID-19 lockdown—thanks to inflows from the government’s foreign borrowings, as well as foreign exchange earnings…
Vietnam says rice exports set to skyrocket, renewable energy in high demand
Vietnamese rice being loaded for export. High demand for food set the stage for Việt Nam to take the lead in global rice this year. Viet Nam News/Asia News Network…
Pandemic raises unemployment to 15-year high
Emelda Razon Aguillon, a massage therapist from Quezon City, lost her main source of income when the spa she had worked for suspended operations during the enhanced community quarantine (ECQ)…