News
Go confident on BOC hitting P1-trillion revenue goal in 2026
4+ hour, 22+ min ago (750+ words) Finance Secretary Frederick Go MANILA, Philippines " Finance Secretary Frederick Go expressed confidence that the Bureau of Customs (BOC) will finally reach its P1.003-trillion target this year, a long-elusive goal that the agency says it is ready to tackle. The interagency…...
Stocks bounce as global bond selloff eases
5+ mon, 1+ week ago (649+ words) NEW YORK, United States " European and US equities mostly rebounded Wednesday as a global bond selloff eased, with'shares in Google parent Alphabet jumping after a favorable court ruling. Nevertheless gold struck a new record high as investors continued to worry…...
How the Fed losing its independence could affect Americans’ lives
5+ mon, 1+ week ago (1253+ words) WASHINGTON, United States " President Donald Trump's attempt to fire a member of the Federal Reserve's governing board has raised alarms among economists and legal experts who see it as the biggest threat to the'central bank's independence'in decades. The consequences could…...
Philippine exports cooled in July
5+ mon, 2+ week ago (377+ words) Berths 6 and 7 of the Manila International Container Terminal. (Philippine Ports Authority website) MANILA, Philippines " The growth of Philippine exports cooled in July but remained solid, buoyed by firm demand for Filipino products ahead of looming US tariffs, helping trim the…...
US stocks reach new peaks as investors digest US GDP
5+ mon, 2+ week ago (464+ words) NEW YORK,United States " Two of major US stock indexes closed at record highs Thursday. An upward revision to second-quarter US GDP data and strong earnings from AI chip giant Nvidia lifted the indexes. The Dow Jones Industrial Average rose…...
Stock markets diverge awaiting Fed signals as tech sell-off deepens
5+ mon, 3+ week ago (484+ words) NEW YORK, United States " Stock markets fluctuated on Wednesday, with many investors sticking to the sidelines while looking for clues on US interest rate moves. Trading volumes were light overall, with another pullback in US tech heavyweights spurring caution after…...
US stocks mostly decline as tech names pull back from highs
5+ mon, 3+ week ago (443+ words) NEW YORK,United States " Wall Street stocks finished mostly lower on Tuesday. They were dragged down by tech companies retreating from record highs, while a Home Depot earnings report lifted retailers. The broad-based S&P 500 Index fell 0.6 percent to 6,411.37. The…...
Philippine factory output kept growing in June
6+ mon, 6+ day ago (400+ words) MANILA, Philippines " Factory output in the country continued its growth streak in June, driven by improved demand following greater clarity in US trade policies. However, some pockets of weakness remain. According to a government survey of selected industries, the volume…...
IMF raises to 5.9% its 2026 Philippine economic growth forecast
6+ mon, 2+ week ago (167+ words) MANILA, Philippines " The International Monetary Fund (IMF) has revised upward its 2026 Philippine economic growth forecast. In its recent World Economic Outlook (WEO) report, the IMF said it expects the Philippine economy to grow by 5.9 percent next year, slightly higher than…...
Philippine jobless rate eased to 3.9% in May – PSA
7+ mon, 5+ day ago (486+ words) MANILA, Philippines " The proportion of unemployed Filipinos declined in May even as the number of job seekers reached an all-time high, as the new entrants were able to secure employment. A nationwide survey of 11,083 households showed there were 2.03 million Filipinos…...