July 10, 2022
REUTERS — Nike said it would cut its reliance on production in China to mitigate the impact from US tariffs on imports. It forecast a smaller-than-expected drop in first-quarter revenue,...
MANILA, Philippines —The Philippine Stock Exchange index (PSEi) opened the trading week in the red. Traders retreated amid the conflict arising between Israel and Iran. The benchmark PSEi slid by...
MANILA, Philippines — Local pump prices are forecast to go down next week following the perceived easing of tensions in the Middle East due to…
MANILA, Philippines — The Civil Aeronautics Board (CAB) imposed a P6-million fine against online travel agent platform AirAsia Move. This was for the allegedly selling…
MANILA, Philippines — The Philippines’ foreign trade deficit narrowed by 30.4 percent to $3.29 billion in May after exports outperformed imports. READ: Import contraction cuts…
MANILA, Philippines – The Marcos administration has trimmed its growth target for this year amid external headwinds that are weighing on the global economy. The…
HONG KONG, China — Asian stocks rose Friday on fresh trade hopes and the dollar held around a three-year low. This was amid bets of…
MANILA, Philippines – To support its expansion plans, Union Bank of the Philippines said it has raised P16 billion from its most recent foray into…
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