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Iran election: turnout sinks to record low as polls close – The Daily Guardian

The recent parliamentary elections in Iran have sparked controversy and raised concerns about the legitimacy of the results, as the country saw a record low.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 2nd, 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

Fed Chief Powells Remarks on March Rate Cut Unlikely to Cause Stock Tumble: The Daily Guardians Guide to Navigating the Market

Title: Market Rebounds After Fed Chief’s Comments, Tech Stocks Experience Declines Subtitle: Investors Advised to Be Cautious Amidst Volatility Date: [Insert Date] Author: [Your Name].....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 2nd, 2024

Philippines mineral output to sustain growth

The value of the country’s mineral output this year is expected to surpass last year’s P249 billion, driven by the rising demand for gold amid persisting geopolitical tensions, according to an industry group......»»

Category: financeSource:  philstarRelated NewsMay 12th, 2024

Geopolitics, rate cut delays could spoil IPO rebound in 2024

Geopolitical tensions and interest rate cut delays could play the spoiler’s role in initial public offerings (IPO) staging a major comeback in the local bourse this year......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

UNCTAD raises alarm over global trade disruptions

The United Nations Conference on Trade and Development is sounding the alarm about the increasing disruptions in global trade, attributed to escalating geopolitical tensions and the impact of climate change on vital trade routes around the world......»»

Category: financeSource:  philstarRelated NewsJan 28th, 2024

Billy ibinandera ang pagiging ‘fresh’ sa latest selfie: ‘Kalma lang’

MATAPOS maka-recover sa jet lag, tila sinagot na ni Billy Crawford ang viral video na kapansin-pansin ang kanyang pamamayat. Maraming netizens kasi ang nag-alala at nangamba sa kanyang kalusugan kamakailan lang. Sa pamamagitan ng Instagram Stories, ibinandera ng TV host-singer ang kanyang latest selfie na mukhang fresh na fresh. “Me after getting over jet lag,”.....»»

Category: newsSource:  inquirerRelated NewsMay 12th, 2024

BSP seen defending peso at below 58:$1

The peso has been a “clear laggard” among Asian currencies against the dollar recently, which may prompt the Bangko Sentral ng Pilipinas (BSP) to defend the local unit and keep it below the 58 to $1 level, according to British banking giant HSBC.....»»

Category: financeSource:  philstarRelated News51 min. ago

The skidding peso again?

The peso is skidding again and no one is paying attention anymore......»»

Category: financeSource:  philstarRelated NewsMay 13th, 2024

Stocks up, peso breaches 56:$1

The stock market posted slight gains yesterday as it tracked upswing in US markets, while the peso weakened and breached the 56 to $1 barrier......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

Peso underperformance likely to continue – MUFG

The Philippine peso may continue to underperform against the dollar this quarter amid the country’s wide current account deficit and expensive foreign exchange valuations, Tokyo-based MUFG Bank said......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Despite low wages, Pandi-based ‘maninipit’ mothers try to augment family income

Assembling clothespins is among the many jobs women do in the occupied houses in Pandi, Bulacan. The mothers mentioned other low-income jobs like garlic peeling, rug making and notebook sewing. The post Despite low wages, Pandi-based ‘maninipit’ mothers try to augment family income appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsJan 18th, 2024

‘Probe past NFA admins’ billion-peso palay sales’

Farmers’ group Federation of Free Farmers national manager Raul Montemayor asked Agriculture Secretary Francisco Tiu Laurel Jr. to include in the ongoing probe on the National Food Authority (NFA)’s questionable rice sale to some traders the alleged billions of pesos worth of fresh palay sold during previous administrations......»»

Category: newsSource:  philstarRelated NewsMar 3rd, 2024

Debt balloons to P14.8 trillion

The issuance of domestic securities and the weakening of the peso pushed the country’s outstanding debt to a fresh high of P14.79 trillion in January, latest data from the Bureau of the Treasury showed......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

BSP onboards 1st nonbank electronic money issuer

The Bangko Sentral ng Pilipinas (BSP) achieved a significant milestone by welcoming OmniPay, Inc. as the first nonbank electronic money issuer (EMI) participant in its Real Time Gross Settlement (RTGS) payment system, PhilPaSSplus. This move aligns with the National Payment Systems Act and signifies a more inclusive national payment system, allowing nonbank financial institutions to conduct efficient and low-risk funds transfers directly through the central bank. Assistant Governor Mary Anne P. Lim emphasized the BSP's commitment to safeguarding the entire Peso RTGS payment system amidst global trends of diversified participation. With 236 institutions, including various banks and nonbank entities, utilizing PhilPaSSplus for large value transactions and retail payment clearing, the BSP's initiative reflects a broader trend of central banks facilitating direct access for nonbank entities to settlement services. This development comes as international standard-setting bodies work on access guidelines to manage risks in evolving payment systems with new players and financial technologies......»»

Category: newsSource:  sunstarRelated NewsJan 15th, 2024

Index soars on easing Mid East tensions

Positive cues from the US markets and easing tensions in the Middle East provided a much needed boost to the stock market yesterday, extending gains to a sixth straight session......»»

Category: financeSource:  philstarRelated NewsApr 30th, 2024

Easing Middle East tensions push market higher

The stock market advanced for a second consecutive session yesterday as it received much-needed boost from gains in the US market as well as easing tensions in the Middle East......»»

Category: financeSource:  philstarRelated NewsApr 24th, 2024

Increasing tensions between Israel, Iran concerning — DFA

The Philippines expressed its "serious concern" over the "increasing tensions" between Israel and Iran after the latter’s recent attacks, the Department of Foreign Affairs said in a statement. .....»»

Category: newsSource:  philstarRelated NewsApr 15th, 2024

Marcos hopes multilateral maritime activity will east WPS tensions

Marcos hopes multilateral maritime activity will east WPS tensions.....»»

Category: newsSource:  philstarRelated NewsApr 8th, 2024

Marcos hopes multilateral maritime activity will east WPS tensions

Marcos hopes multilateral maritime activity will east WPS tensions.....»»

Category: newsSource:  philstarRelated NewsApr 8th, 2024