Peso weakens further vs dollar as strong US data may keep Fed hawkish
PHILIPPINE STAR/WALTER BOLLOZOSTHE PESO dropped further to hit a near three-week low against the dollar on Thursday as strong US labor data fanned bets that the US Federal Reserve would keep rates unchanged at their meeting this month.The local unit
Last-minute bargain hunting buoys PHL shares
BW FILE PHOTOPHILIPPINE SHARES rose on Thursday, lifted by last-minute bargain hunting after trading in the red for most of the session, as minutes of the US Federal Reserve’s December meeting affected market sentiment.The benchmark Philippine Stock Exchange index rose
China denies state-sponsored hacking of Philippine government websites
FREEPIKBy John Victor D. Ordoñez and Beatriz Marie D. Cruz, ReportersTHE CHINESE Embassy in Manila on Thursday dispelled allegations of state-sponsored hacking against the Philippines’ Executive branch, calling it groundless.“China’s position on hacking and cyberattacks is consistent and clear,” it
PHL gov’t said to have OKd nickel projects without consulting communities
NICKELASIA.COMTHE PHILIPPINE government approved several nickel mining projects despite allegations of insufficient consultation with local communities and concerns over risks to health, the environment and livelihoods, according to Amnesty International Philippines.In a statement, the human rights group criticized the approval