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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

The Daily Guardian: S& P 500 slips to start the week as Wall Street takes a breather from record highs

The stock market saw a slight dip on Monday as major indexes retreated from record highs reached last week. The S&P 500 closed at 5,069.53,.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 27th, 2024

‘BSP ready to mitigate excessive peso volatility’

Monetary authorities are ready to mitigate any “unnecessary movement” and “excessive volatility” in the foreign exchange market as the peso sank to fresh 17-month lows against the dollar, according to Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2024

Pru Life UK expands presence in key Philippine metros with new general agency offices

Leading life insurer, Pru Life UK, continues to make life and health protection products even more accessible to Filipinos by opening several agency offices across the country......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Copper surges on green energy and AI

Copper is back in the spotlight. Investors are focusing on the metal’s critical role in the global transition to clean energy and the rise of artificial intelligence (AI). While gold has been hogging the headlines with its stealthy ascent to record highs, copper has quietly been making moves of its own. It has gained 17.6 percent year-to-date, outperforming most other commodities including gold......»»

Category: financeSource:  philstarRelated NewsApr 28th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 4th, 2024

Schools close and crops wither as historic heatwave hits south-east Asia - Extreme heat

Governments across region grappling for response as temperatures soar to unseasonable highs Thousands of schools in the Philippines have stopped in-person classes due to unbearable heat. In Indonesia, prolonged dry weather has caused rice prices to soar. In Thailands waters, temperatures are so high that scientists fear coral could be destroyed. A historic heatwave is being experienced across south-east Asia, according to.....»»

Category: newsSource:  manilanewsRelated NewsMay 5th, 2024

Uptrend Continues as Dow and S& P 500 Reach New Highs: Live Updates

The S&P 500 reached another milestone on Friday, closing at a record high of 5,088.80, marking a slight increase of 0.03%. This stabilization in the.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 24th, 2024

Thirdy Ravena flirts with triple-double in San-En’s 7th straight win

Thirdy Ravena sets career-highs in rebounds and assists as the San-En NeoPhoenix edge the Toyama Grouses to remain at the top of the Japan B. League standings.....»»

Category: newsSource:  rapplerRelated NewsJan 18th, 2024

$100 oil?

Oil prices surged to five-month highs due to rising tensions in the Middle East......»»

Category: financeSource:  philstarRelated NewsApr 14th, 2024

US leads bull market

Last week saw a significant surge in US stocks, with record highs attained across major indices......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

Songkran water festival as a  celebration of life 

Water is life. Each culture has it’s own way of recognizing the value of water as part of rituals and practices, either for bathing, washing, drinking, or as a sacrifice. Water covers 70 percent of the earth’s surface and is vital for all known forms of life. The cells in our bodies consist of 65.....»»

Category: newsSource:  inquirerRelated NewsApr 24th, 2024

Declining public trust: Long list of problems in PCSO

FOR THOSE willing to play the odds, the small price of a lottery ticket holds up the magic power of possibility, the freedom from financial worries and deprivation, the dream of a different life come true. The little bit of chance enlivens with its promise of relief from the burdens of poverty or for those who are not poor, for more of the good life. Filipinos have embraced the Lotto. It is part of national life......»»

Category: newsSource:  manilanewsRelated NewsApr 13th, 2024

Sun Life reigns as top insurance company for 13th year in a row

This milestone comes on the heels of Sun Life’s 129th anniversary, making it the first and longest-standing life insurance company in the Philippines......»»

Category: newsSource:  bulatlatRelated NewsApr 8th, 2024

LIFE’ by Pope Francis

In a book that was newly released, Pope Francis tells the story of his life for the first time. Fittingly, the title of the book is “LIFE: My Story through History” published by Harper Collins, Italia, 2024......»»

Category: newsSource:  philstarRelated NewsApr 3rd, 2024

Covid lowered life expectancy by 1.6 years worldwide — study

COVID-19 caused the average life expectancy of people worldwide to fall by 1.6 years during the first two years of the pandemic, a more dramatic decline than previously thought, a major study said Tuesday. This marked a sharp reversal during a decades-long rise in global life expectancy, according to hundreds of researchers sifting through data.....»»

Category: newsSource:  inquirerRelated NewsMar 12th, 2024

Andi Eigenmann on late mom Jaclyn Jose: ‘Her life itself was her greatest obra maestra’

Bringing home the much-coveted acting trophy from the Cannes International Film Festival in 2016 was a major career highlight in the life of the late multi-awarded actress Jaclyn Jose (Mary Jane Guck in real life)......»»

Category: newsSource:  philstarRelated NewsMar 5th, 2024

BPI AIA named best life insurer in Philippines

BPI AIA Life Assurance Corp. has been recognized as the best life insurance company in the Philippines......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

Kyline Alcantara gives strong Kathryn Bernardo vibes in looks and love life

"Kyline" and "Kathryn" not only rhyme; the two actresses from rival networks GMA and ABS-CBN now also look alike — in both style and recent fate in love life......»»

Category: entertainmentSource:  philstarRelated NewsFeb 13th, 2024

Paolo, Kaye and Patrick reunite and rekindle friendship in Netflix’s ‘A Journey’

Nearly a year ago, when Netflix’s “A Journey” was just coming together, its lead stars — Paolo Contis, Kaye Abad and Patrick Garcia — promised their film about lifelong friends going on a life-changing roadtrip would be a homage to where their friendship in real life began......»»

Category: entertainmentSource:  philstarRelated NewsApr 14th, 2024