US stocks fell broadly on Thursday, mirroring weakness in the global markets, as government bond yields surged to multi-year highs on robust US economic data and optimistic views from the Federal Reserve.

A day before the release of official inflation figures for the month of September, economists on Thursday said they expect a slowdown in the last three months of the year.  

The Department of Finance (DOF) said that it will follow the provisions under the tax reform law on suspending the next round of excise tax increases on fuel as the price of crude breached $80 per barrel.

Chinese internet giant Tencent Holdings Limited, through PLDT unit Voyager Innovations Incorporated, on Thursday confirmed its entry into the Philippine market.

Senator JV Ejercito on Thursday reiterated his call for the government to suspend the next tranche of excise tax increase on fuel amid the spiking inflation and global oil prices.  

The World Bank on Thursday downgraded its economic growth forecast for the Philippines for this year, following the slower-than-expected growth in the first six months of the year.

The additional revenue expected to be raised from the proposed measure seeking to raise excise taxes on alchololic beverages will fund the government's Universal Healthcare program, Health Secretary Franciso Duque III said Thursday.  

The Department of Budget and Management said Thursday it has released P3.528 trillion or 94 percent of the P3.767 trillion obligation program for 2018 in the first nine months of the year.  

US stocks rose on Wednesday, with the Dow Jones Industrial Average at an all-time high, driven by gains in financial and technology stocks.

US President Donald Trump's net worth has flatlined at $3.1 billion, but he has slid down a Forbes ranking of billionaires as the magazine believes his White House stint is harming the Trump brand.

Wall Street advanced on Wednesday and the Dow Jones Industrial Average closed at a record for a second day, after US economic data fueled a rise in Treasury yields, lifting financial stocks.

According to a report on QRT, the DTI will set the price of imported well-milled rice at P38 pesos per kilo and imported sugar at P50 per kilo.

Online retail giant Amazon announced Tuesday it would raise its starting wage for US workers to $15 an hour, amid long-standing criticism of low pay, and advocate for a higher minimum wage nationwide.

US stocks treaded water on Tuesday, pressured by worries of a euro zone breakup after anti-euro comments from an Italian lawmaker.

The Dow and S&P 500 began the fourth quarter on a positive note on Monday, after a last-minute deal to salvage NAFTA as a trilateral pact helped ease trade worries, although major indexes finished off their session highs.

TOKYO - Asian stocks were steady on Tuesday as Japanese equities rose to a fresh 27-year high while crude oil prices were elevated in the afterglow of an agreement that salvaged a North American free trade deal.

Budget Secretary Benjamin Diokno said Tuesday the Duterte administration is keeping the budget deficit program at 3 percent of gross domestic product (GDP) despite the warning from the International Monetary Fund (IMF) for the Philippines to maintain a «neutral» fiscal stance.  

US stocks advanced on Monday, led by gains in shares of technology and industrial companies, as a last-minute deal to save NAFTA as a trilateral pact raised hopes for progress in talks with other countries at the start of the fourth quarter.

International Monetary Fund Managing Director Christine Lagarde said on Monday that trade disputes and tariffs are starting to dim the outlook for global growth, calling on countries to resolve their differences and reform global trading rules.

President Donald Trump hailed Canada on Monday after the two countries forged a last-minute deal to salvage their trilateral NAFTA accord with Mexico, marking a key victory in the US leader's effort to shake up global trade.

Elon Musk has reached a settlement over fraud charges that will see him step down as Tesla's chairman of the board and pay a $20 million fine, US securities regulators said Saturday.

Healthcare company shares have taken the lead in the record-setting US stock market, and a desire for investors to become more defensive combined with potentially strong upcoming earnings could drive them even higher.

China's central bank said Saturday it will maintain its «prudent and neutral» monetary policy while keeping an ample level of liquidity amid a trade war with the United States.

The bill seeking a 25-year congressional franchise for the Solar Para Sa Bayan Corp. is not exclusive, House Deputy Speaker Arthur Yap said Saturday.

The national government's outstanding debt hit another record-high at P7.104 trillion in the first eight months of the year on the back of high foreign borrowings amid the issuance of yen-denominated debt bonds.

The Bureau of Customs (BOC) said on Saturday it has destroyed various forfeited goods worth P1.75 million in an accredited facility of RMM Trading Waste Management in Kawit, Cavite.

Wall Street declined on Friday, the last trading day of the third quarter, weighed by shares of U.S. lenders as Italy's budget worries roiled financial markets and trade concerns hurt sentiment.

Philippine share prices retreated on Friday as the Bangko Sentral ng Pilipinas' (BSP) move to tighten monetary policy triggered a sell-off in the market.  

Inflation rate is seen to have accelerated by as fast as 6.8 percent this September, amid higher prices in the wake of the onslaught of Typhoon Ompong, the Bangko Sentral ng Pilipinas (BSP) said Friday.  

The Philippine peso appreciated against the dollar of Friday as the Bangko Sentral ng Pilipinas' move to tighten monetary policy provided support for the local unit.

Wall Street climbed on Thursday, helped by gains in Apple, Alphabet and Facebook, as well as the U.S. Federal Reserve's confidence in the strength of the economy after it raised rates for the third time this year.

London-based think tank Capital Economics is expecting inflation to hit 7 percent by the end of the year with the Bangko Sentral ng Pilipinas (BSP) being compelled to further tweak interest rates to address the rising commodity prices.  

Noche Buena this year will be three to eight percent or nearly P0.70 more expensive compared to last year, Trade Undersecretary for Consumer Protection Group Ruth Castelo said Friday.

United Coconut Planters Life Assurance Corporation is urging the Sandiganbayan to withhold an execution order regarding the distribution of the coconut levy fund until negotiations over the matter with the government is finished.  

Japanese billionaire Kazuo Okada has called on the Philippine Stock Exchange (PSE) to look into the supposed «misleading» disclosures of Asiabest Group International Inc. (ABG), in connection with the company's share purchase agreement with Tiger Resort Asia Ltd. (Tiger Asia).