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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......»»
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......»»
Japan commits P84 billion projects for Philippines
The Japanese government has committed P84 billion worth of projects for the Philippines until early next year, according to the Department of Finance......»»
Enjoy up to 50% off in Acerpure’s summer refresh deals
Feeling the intense heat? As we experience unprecedented heat levels, Acerpure has come to the rescue with its air circulators, so say goodbye to sweaty summer woes and enjoy a cool breeze of relief. Beat the heat with Acerpure’s Summer Refresh Deals, which offer up to 50% off on Acerpure products until June 30, 2024......»»
WATCH: Daniel Padilla shares clip of new Batangas theme park with castle
On Instagram, the actor shared its promotional clip where he is seen sleeping in his pajamas until he wakes and is transported into its fold......»»
DOH chief unaware of pyramiding schemes, gifts to doctors
MANILA, Philippines — No less than the country’s health chief had no knowledge of the alleged multi-level marketing (MLM) schemes in the medical industry until the issue was raised before the Senate. Facing the Senate probe on Tuesday, Department of Health (DOH) Secretary Teodoro Herbosa said he only heard of some of the perks that.....»»
131 cities, towns now under state of calamity
A total of 131 cities and towns have been placed under state of calamity because of the effects of El Niño, which is expected to persist until the end of May, the government said yesterday......»»
New check format to be implemented on May 1
Old check designs will be accepted by banks for clearing until April 30, 2024 only......»»
Unconsolidated jeepneys given 15-day leeway after consolidation deadline
Unconsolidated jeepneys that continue to ply their routes after the April 30 deadline will be free from penalties until mid-May — but they will be fined and impounded as "colorum" vehicles should they continue after initial reminders......»»
Mail deliveries set from 6 a.m. to noon – PHLPost
The Philippine Postal Corp. (PHLPost) has allowed mail carriers to make deliveries from 6 a.m. until noon to protect themselves against heat exhaustion and heat stroke, Postmaster General Luis Carlos said yesterday......»»
Jeepney drivers in Philippines to go on 3-day strike starting Monday
MANILA, April 28 (Xinhua) -- Jeepney drivers in the Philippines will mount a three-day nationwide strike starting Monday to protest the government's plans to remove decades-old jeepneys off the streets. The transport strike, which will run until May 1, has prompted the Department of Education to order all public schools nationwide to resort to online classes on April 29 and 30. The educational directive w.....»»
Cavite, La Union LGUs adopt 4-day workweek
A four-day workweek will be implemented in the offices of the provincial government of Cavite starting tomorrow until July 31 as temperatures continue to rise due to El Niño......»»
Quezon rights defenders charged with terrorism financing
This news comes as a shock, as both individuals were unaware that complaints had been filed against them until a preliminary investigation resolution was released on April 8, recommending criminal charges." The post Quezon rights defenders charged with terrorism financing appeared first on Bulatlat......»»
School break
Two weeks ago a young mother I know was abruptly informed that the “Kiddie 1” classes of her three-year-old daughter, which were supposed to be until next month, were over for the school year......»»