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Dovish Powell lifts markets to historic highs
Last week, US equities reached new all-time highs, thereby lifting global stock markets. This came on the back of Federal Reserve (Fed) Chair Jerome Powell’s dovish policy statement. In that speech, Powell touted considerable progress in bringing down inflation, notwithstanding the bumps in the road toward the two percent target......»»
Market slips ahead of US Fed meeting
Share prices pulled back yesterday as investors treaded with caution ahead of the policy meeting of the US Federal Reserve......»»
T-bill rates ease ahead of Fed meet
Rates for the government’s short-term securities eased for the second straight week ahead of the monetary policy decision of the US Federal Reserve......»»
Dollar strength, Asian challenges
Recent robust US economic data (nonfarm payrolls, January CPI figures) have dashed hopes for a March rate cut by the Fed......»»
Slower US Inflation Spurs Fed Rate-Cut Optimism
Title: Inflation Slows in the US, Raising Expectations of Interest Rate Cut Subtitle: International Economic Developments to Impact Global Markets Date: [Current Date] Byline: [Your.....»»
Philippines to take cue from Fed policy
Ahead of the policy meeting next week, the Bangko Sentral ng Pilipinas is likely to follow the steps of the US Federal Reserve as to when high borrowing costs can finally take a breather......»»
May, not March
Last Wednesday, equities dropped as Federal Reserve (Fed) Chair Jerome Powell dashed investor hopes for a March rate cut. Last Friday, despite better-than-expected US nonfarm payrolls and robust wage growth which typically usher in higher interest rates, the Dow and the S&P 500 were not deterred from hitting new all-time highs......»»
PSEi tumbles as Fed quashes rate cut hopes
Local stocks retreated yesterday as investors took cues from Wall Street’s overnight performance......»»
Quick look at the week ahead
We don’t have any big scheduled news or events coming directly from the PSE or any of its companies this week, but we do have the US Federal Reserve (the “Fed”) decision on US interest rates that we will learn about on Thursday morning......»»
BSP rate cuts seen in lockstep with US Fed
The Bangko Sentral ng Pilipinas is expected to move in lockstep with the US Federal Reserve as it pivots to an easing cycle after emerging as the most aggressive central bank in the region......»»
PNP denies Trillanes’ ouster plot claims
PNP denies Trillanes’ ouster plot claims.....»»
Non-banks’ domestic claims up by 15 percent in Q4
The domestic claims of non-bank financial institutions increased by 15 percent to P9.05 trillion in the fourth quarter of 2023 from P7.87 trillion in the same quarter in 2022, based on a survey of the Bangko Sentral ng Pilipinas (BSP)......»»
China claims South China Sea deal with Philippines Duterte - Nikkei Asia
China claims South China Sea deal with Philippines' Duterte Nikkei Asia.....»»
Philippines denies any deal with China on Ayungin Shoal in South China Sea
Manila [Philippines], April 27 (ANI): The Philippines Department of National Defence (DND) has completely rejected China's claims of having any internal agreement on the Ayungin Shoal, Philippine News Agency quoted Philippines Defence Secretary Gilberto Teodoro Jr as saying. In a statement released on Saturday, Gilberto Teodoro Jr rejected the claims of Chinese officials about two new deals with the Philippines in 2023 to.....»»
Cebu Daily Newscast: Taiwanese jailed for attacking a transwoman; claims he was blackmailed
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Monday, April 8, 2024. Taiwanese jailed for attacking a transwoman; claims he was blackmailed A Taiwanese national got unlucky in his quest to find a match on a dating app after he found himself.....»»
FOCAP condemns Chinese embassy’s claims on ‘manipulated’ West Philippine Sea videos
The Foreign Correspondents Association of the Philippines strongly rejected and condemned yesterday China’s “false and baseless” claims that journalists manipulate videosthey recorded in the South China Sea to present the Philippines as a victim......»»
Russia says 40 dead, 145 injured in concert hall raid; Islamic State group claims responsibility
Russia says 40 dead, 145 injured in concert hall raid; Islamic State group claims responsibility.....»»
Drug war-related killings of children continue, refuting Marcos Jr’s claims
In the first six months of the Marcos Jr administration, the Children’s Legal Rights and Development Center documented 12 children killed. In 2023, 20 children died in Caloocan and Manila alone. The post Drug war-related killings of children continue, refuting Marcos Jr’s claims appeared first on Bulatlat......»»
Philippine UPR Watch refutes PH envoy’s claims in UNHRC
“Things are no better under the Ferdinand Marcos Jr. government.” The post Philippine UPR Watch refutes PH envoy’s claims in UNHRC appeared first on Bulatlat......»»
South China Sea- Beijing Is Gaslighting Manila Over Claims - Bloomberg
South China Sea: Beijing Is Gaslighting Manila Over Claims Bloomberg.....»»