Versuchen GOLD - Frei
PSEi climbs to 4-month high after US-China truce
Business World Philippines
|May 14, 2025
PHILIPPINE stocks on Tuesday hit their highest close in more than four months as investors cheered the 90-day tariff truce between the US and China.
The bellwether Philippine Stock Exchange Index (PSEi) went up 1.68% or 108.62 points to 6,566.82, while the broader all-share index gained 1.12% or 42.48 points to 3,805.33.
‘The stock advance came a day after general peaceful midterm elections.
“The PSEi surged above the key resistance around 6,500 on strong volume as investors bought into positive news of a 90-day detente in the US-China trade war, as well as the generally peaceful outcome of the Philippine midterm elections,” Juan Paolo E. Colet, managing director at China Bank Capital Corp., said in a Viber message.
Diese Geschichte stammt aus der May 14, 2025-Ausgabe von Business World Philippines.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Business World Philippines
Business World Philippines
Police investigate deaths of filmmaker Rob Reiner and wife as apparent homicide
Actor-director and political activist Rob Reiner and his wife were found dead in their Los Angeles home on Sunday, and police detectives are investigating the circumstances as an apparent homicide, city officials said.
2 mins
December 16, 2025
Business World Philippines
Asialink secures $50M in fresh funds under ADB credit facility
ASIALINK FINANCE Corp. (AFC) has secured $50 million in additional funding support as it looks to expand its lending to micro, small, and medium enterprises (MSME) across the Philippines.
1 min
December 16, 2025
Business World Philippines
Manila Water, Maynilad to hike rates next year
RESIDENTIAL HOUSEHOLDS in Metro Manila will see higher water bills in the first quarter of 2026 as the regulator approved the rate adjustments sought by the two concessionaires.
2 mins
December 16, 2025
Business World Philippines
Deutsche Bank sees 25-bp cut in Feb.
THE BANGKO SENTRAL ng Pilipinas (BSP) might deliver a sixth straight rate cut at its first policy meeting next year as weak domestic and external economic prospects could drag growth, Deutsche Bank Research said.
2 mins
December 16, 2025
Business World Philippines
Meralco seeks bids for 200-MW renewable energy supply
MANILA ELECTRIC CO. (Meralco) has launched a competitive selection process (CSP) to procure 200 megawatts (MW) of baseload renewable energy (RE) to comply with its renewable portfolio standards (RPS) obligations, the company said on Monday.
1 min
December 16, 2025
Business World Philippines
IMF lowers PHL growth forecasts for 2025 and 2026
THE PHILIPPINE ECONOMY is seen to grow below target until next year, as higher US tariffs dampened exports and investments, the International Monetary Fund (IMF) said on Monday.
2 mins
December 16, 2025
Business World Philippines
NEO Office PH eyes full occupancy next year
OFFICE developer NEO Office PH expects to achieve full occupancy next year as leasing demand from business process outsourcing (BPO) companies and small and medium enterprises (SMEs) remains strong, company officials said.
2 mins
December 16, 2025
Business World Philippines
Remittances jump by 3% in October
Slowest growth in five months
3 mins
December 16, 2025
Business World Philippines
BTr fully awards last T-bill offer as yields mostly move sideways
THE GOVERNMENT made a full award of the Treasury bills (T-bills) it offered on Monday at mixed rates amid weakening market activity before the yearend and following the US Federal Reserve and Bangko Sentral ng Pilipinas’ (BSP) policy decisions.
2 mins
December 16, 2025
Business World Philippines
PHL sees 2.16% drop in tourist arrivals
VISITOR ARRIVALS in the Philippines fell by 2.16% in the first 11 months, amid a decline in tourists from South Korea and China, Tourism department data showed.
2 mins
December 16, 2025
Listen
Translate
Change font size