The Philippine Stock Exchange index won its second straight session yesterday, rising by 0.89 percent or 57.46 points to close at 6,507.49.MANILA, Philippines —
Philstocks Financial research and engagement officer Mikhail Plopenio said the local market joined its Asian peers in the green territory on Wednesday, with the region taking cues from the S&P 500 and the NASDAQ’s record performances overnight. However, he said net market value turnover was tepid at P4.04 billion, lower than the year-to-date average of P4.98 billion.Services and financials led the charge, surging by 1.78 percent and 1.72 percent, respectively.
As the world continues to progress with many technological innovations, we often overlook a basic need that surprisingly, remains as scarcity for some: stable electricity service. Despite advancements in society,... FedEx, one of the world’s largest logistics providers, has committed to double the size of its facility at the Clark...
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Stock market today (June 5, 2024): Asian stocks trade mixed after Wall Street logs modest gainsAsian shares traded mixed Wednesday, as investors weighed recent data highlighting a slowing U.S. economy that offers both upsides and downsides for Wall Street. Japan's benchmark Nikkei 225 shed 1.0% in early trading to 38,448.61. Australia's S&P/ASX 200 edged up 0.3% to 7,759.20. South Korea's Kospi jumped 1.2% to 2,695.02.
Source: BusinessMirror - 🏆 19. / 59 Read more »
Wall Street gains fuel peso, stocks reboundTHE peso and the stock market posted a rebound on Wednesday following a two-day decline as sentiment rose on hopes that the US Federal Reserve (Fed) could cut interest rates more than once this year.
Source: TheManilaTimes - 🏆 2. / 92 Read more »
Markets track Wall Street as Fed fans rate cut hopesHONG KONG — Asian and European stocks rose Wednesday following fresh records on Wall Street after Federal Reserve (Fed) chief Jerome Powell fanned hopes of an interest rate cut by saying the battle against inflation had made 'progress' and the job market was cooling.
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PH textile innovations take centerstage at New York exhibitTHE Department of Science and Technology-Philippine Textile Research Institute (DoST-PTRI), in collaboration with the Philippine Consulate General in New York and the Philippine Trade and Investment Center, New York, launched 'KatHABI: A Textile Innovation Exhibition' on June 25, 2024, at the Philippine Center in New York, USA.
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