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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......»»

Category: financeSource:  philstarRelated NewsMar 24th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 19th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

Stocks retreat on hawkish Fed, BSP rate signals

Stock investors were turned off yesterday by policy signals from monetary authorities here and abroad, dragging the local market to a third straight day of decline......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

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......»»

Category: newsSource:  philstarRelated NewsMar 3rd, 2024

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.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 11th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 9th, 2024

PSEi tumbles as Fed quashes rate cut hopes

Local stocks retreated yesterday as investors took cues from Wall Street’s overnight performance......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Ateneo, La Salle rekindle rivalry in PinoyLiga cagefest

Another chapter in their storied rivalry in college basketball history unfolds in the PinoyLiga Collegiate Cup, as La Salle puts its unbeaten record in Bracket A on the line against Ateneo in the Rivalry Day on Saturday at the Enderun College Gym......»»

Category: sportsSource:  philstarRelated NewsMay 3rd, 2024

Hot finish puts del Rosario in the mix; Ardina also rallies

Pauline del Rosario fought back with a frontside flourish to cap off a one-under 71, trailing American Julie Houston by four strokes at the start of the Casino del Sol Golf Classic in Tucson, Arizona......»»

Category: newsSource:  philstarRelated NewsMay 3rd, 2024

Filipina artists Zarah Juan, Clara Benin, Elle Battung share tips, insights on beauty

On its fifth year, the GRLPWR event puts the spotlight on women in art, acknowledging their achievements, contributions and influence as Filipina artists who continue to pave the way for gender equality and artistic freedom. .....»»

Category: newsSource:  philstarRelated NewsApr 30th, 2024

Dumam-ag gears up for WBO regional title fight in Mandaue City 

CEBU CITY, Philippines — Lorenz “Shotgun” Dumam-ag has been grinding himself in training for his Labor Day regional title duel against ARQ Boxing Stable’s Rami “Sharp” Macado at the Mandaue City Sports Complex. Dumam-ag and Macado’s bout puts the vacant World Boxing Organization (WBO) Oriental flyweight title at stake in the main event of the.....»»

Category: newsSource:  inquirerRelated NewsApr 18th, 2024

Muhammad Alis Thrilla in Manila shorts expected to smash auction records - Muhammad Ali

Bids for trunks from 1975 fight against Joe Frazier could reach $6m in online Sothebys auction The shorts worn by Muhammad Ali during his famous Thrilla in Manila fight in 1975 are expected to smash auction records at Sothebys in New York next week. The white satin Everlast trunks, which Ali signed with a black Sharpie pen, have attracted bids of $3.8m (3m) in an online auction that closes on 12 April. That puts the trunk.....»»

Category: newsSource:  manilanewsRelated NewsApr 18th, 2024

Petro puts one foot in semis

he Petro Gazz Angels knew they needed to overcome the Cignal HD Spikers, the last of their stronger foes, for them to theoretically make the Premier Volleyball League All-Filipino Conference semifinals......»»

Category: sportsSource:  philstarRelated NewsApr 16th, 2024

GCash lending arm Fuse empowers underbanked Filipinos with P118 billion loans disbursed

Fuse Lending Inc., the credit arm of GCash, surpasses the P118 billion mark in life-to-date disbursed loans through the country’s number one finance app as of the end of 2023. This puts both institutions well on their way toward their shared mission of financial inclusion......»»

Category: newsSource:  davaotodayRelated NewsApr 8th, 2024

GCash lending arm Fuse empowers underbanked Filipinos with P118 billion loans disbursed

Fuse Lending Inc., the credit arm of GCash, surpasses the P118 billion mark in life-to-date disbursed loans through the country’s number one finance app as of the end of 2023. This puts both institutions well on their way toward their shared mission of financial inclusion......»»

Category: newsSource:  davaotodayRelated NewsApr 8th, 2024

A near-miss cyberattack puts US officials and the tech industry on edge

German software developer Andres Freund has uncovered a potential cybersecurity threat in the widely used open source software program XZ Utils. The discovery of a.....»»

Category: sportsSource:  abscbnRelated NewsApr 6th, 2024

A near-miss cyberattack puts US officials and the tech industry on edge

German software developer Andres Freund has uncovered a potential cybersecurity threat in the widely used open source software program XZ Utils. The discovery of a.....»»

Category: sportsSource:  abscbnRelated NewsApr 6th, 2024