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Asian shares stumble after Trump’s latest trade threat

Brandroom
Foreign Exchange Rate
June 11, 2025
usd
1 USD = 55.7620
Currency Peso Equivalent
jpy
JPY
0.3850
gbp
GBP
75.2899
hkd
HKD
7.1054
chf
CHF
67.7793
CAD
CAD
40.7915
SGD
SGD
43.3507
AUD
AUD
36.3624
BHD
BHD
147.9098
Currency Peso Equivalent
SAR
SAR
14.8683
BND
BND
43.1828
IDR
IDR
0.0034
JPY
THB
1.7131
AED
AED
15.1820
EUR
EUR
63.7081
KRW
KRW
0.0409
CNY
CNY
7.7587
Index Report
Market CLOSED: Jun 11, 2025 5:29 PM
Index
Value
Chng%
PSEi
6,381.32
0.53
All Shares
3,776.19
0.47
Financials
2,331.54
0.03
Industrial
8,971.66
0.96
Holding Firms
5,515.68
0.91
Services
2,227.29
0.72
Mining and Oil
9,475.57
0.53
Property
2,261.41
0.88

Industries

Semirara gets DENR clearance for P291-billion coal mine expansion

MANILA, Philippines — Semirara Mining and Power Corp., the country’s largest coal producer, has realized a major headway for its P291-billion expansion with the go-signal from the Department of Environment...

Finance

World Bank lifts ban on nuclear energy financing

WASHINGTON, United States — The World Bank is re-entering the nuclear energy space “for the first time in decades,” its President Ajay Banga said Wednesday, as it works towards meeting...

Consumer & Retail

Nintendo's Switch 2 scores record early sales

Nintendo's Switch 2 scores record early sales

TOKYO, Japan — The Switch 2 has smashed records to become the fastest-selling console ever after gamers snapped up 3.5 million units in its first…

Columns

Tourism & Transportation

Loss-making Jetstar Asia to shut down by July 31

MANILA, Philippines — Jetstar Asia will soon stop operating its Singapore-Manila flights as Qantas’ loss-making budget airline will permanently cease operations by July 31. The…

Foreign News

DA extends issuance of fish import permit till June

MANILA, Philippines — Tight importation schedules and supply issues prompted the Department of Agriculture (DA) to extend the issuance of fish import permits to June.…

Economy

UK economy shrank in April as tariffs, tax hike kicked in

LONDON, United Kingdom — Britain’s economy shrank more than expected in April, official data showed Thursday, in the first month of the Labour government’s business…

Communications

Asian shares stumble after Trump's latest trade threat

HONG KONG, China — Asian shares were rattled Thursday after Donald Trump said he would impose unilateral tariffs on partners in the next two weeks,…

Industry Movements

Elon Musk regrets some of his Trump criticisms, says they 'went too far'

WASHINGTON, United States — Elon Musk, the world’s richest person and Donald Trump’s former advisor, said Wednesday he regretted some of his recent criticisms of…

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