Bloodbath at PSE; peso falls to new low
MANILA, Philippines — The Philippine Stock Exchange (PSE) Index has entered the dreaded bear market territory after plummeting over 200 points on Tuesday, while the peso fell to a new record low on mounting inflation and recession risks. A bear market is typically called after prices decline by 20 percent from the recent peak. On … Continue reading Bloodbath at PSE; peso falls to new low
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