US stocks rose broadly on Tuesday, led by technology and healthcare shares, as upbeat earnings from blue-chip companies helped ease jitters over the impact of the ongoing US-China trade war and other global issues on corporate profits.

EU Brexit negotiator Michel Barnier told ministers from member states on Tuesday that December was the latest that a Brexit deal could be struck if a treaty was to be ready by the time Britain leaves the bloc in March, an EU source said.

The suspension of the second tranche of excise taxes on fuel products in 2019 will not ease the burden on poor Filipinos affected by price increases, progressive lawmakers from the House of Representatives said.

Senator Sherwin Gatchalian on Tuesday clarified that his bill requiring prospective vehicle owners to present proof that they have a parking space does not intend to restrict vehicle purchases.

Militant groups on Tuesday expressed their discontent over the Duterte administration’s latest move to suspend the second tranche of the fuel excise tax hike under the tax reform law, claiming it would not help curb inflation.  

The Philippine peso appreciated for the third consecutive trading day on Tuesday and bounced back to the P53:$1 after the central bank reported remittances grew year-on-year in the eight months to August.  

Share prices on the Philippine Stock Exchange rebounded on Tuesday as investors went bargain hunting for oversold stocks.

The Bangko Sentral ng Pilipinas on Tuesday hinted at taking a pause in adjusting monetary policy if inflation proves to be slowing down.

The government must suspend the current excise tax rates on petroleum products under the tax reform law if it aims to temper rising inflation, an economist said Tuesday.  

The Department of Finance reiterated on Tuesday that the government is expecting P40 billion to P41 billion in foregone revenue from the suspension of the second round of increases in fuel excise taxes next year.  

Suspending the current excise tax rates on petroleum products under the tax reform law requires legislation, an official of the Department of Finance said Tuesday.  

President Rodrigo Duterte’s economic managers, collectively as the inter-agency Development Budget Coordination Committee, on Tuesday revised lower growth target for 2018, citing global uncertainties.  

Some freelancers have ditched their traditional office work and skipped the awful day-to-day commuting experience and turned to job opportunities online.

Germany's Transport Ministry said on Monday it would order roughly 100,000 Opel vehicles to be recalled as part of an emissions probe, after prosecutors searched the carmaker's offices earlier in the day.

Sears Holdings Corp filed for Chapter 11 bankruptcy on Monday with a plan to close 142 more stores, throwing into doubt the future of the century-old retailer that once dominated US malls but has withered in the age of internet shopping.

US stocks fell on Monday as an increase in tensions between Western powers and Saudi Arabia added to worries over rising borrowing costs and the impact of tariffs, following the main three indexes' biggest weekly declines in over seven months.

Personal remittances dropped 1.4 percent in August, reflecting a decline in money transfers Middle Eastern countries.  

A transport group has called for the suspension of the existing excise tax on petroleum products a day after the government said that it will suspend the next tranche of fuel excise taxes scheduled for January.

Senators Grace Poe, Cynthia Villar and JV Ejercito, all seeking reelection in the 2019 elections, do not regret that they voted in favor of the Tax Reform for Acceleration and Inclusion or TRAIN Law.

Asian shares slipped on Monday as worries over Sino-US trade disputes, a possible slowdown in the Chinese economy and higher US borrowing costs tempered optimism despite a rebound in global equities late last week.

AC Energy Inc. and AMI Renewables Energy Joint Stock Co. are developing solar power farms in Vietnam valued at $83 million.

The Department of Finance is now looking at the possibility of sponsoring a Catastrophe Bond with the World Bank to cover disaster-related risks in the country.  

Rising US interest rates, tanking emerging market currencies and a bitter US-China trade spat could push the world towards its next financial crisis but there is still time to avert disaster, global finance chiefs have said.

Brexit negotiators have yet to seal a deal on Britain's divorce terms, EU officials said on Sunday, after a flurry of meetings in Brussels to try to move the talks forward before Prime Minister Theresa May arrives for a summit this week.

The Department of Trade and Industry (DTI) has released a list of suggested retail prices (SRP) for Noche Buena items, two months ahead of the holiday season.

The National Food Authority (NFA) is hopeful that soaring rice prices will be tempered as the harvest season kicks in.

The second tranche of the excise tax on fuel amounting to P2 per liter will be suspended “until the right time” said Special Assistant to the President Bong Go on Sunday. 

Agriculture Secretary Manny Piñol on Sunday said rice will be sold in plastic bags starting mid-2019.

Agriculture Secretary Manny Piñol on Sunday said the buying price of dry palay is currently P17.70 per kilo. However, farmers will get P3 more under the government's buffer stock incentive program.

China's massive «Belt and Road Initiative» building push may create debt risks but is also responding to major infrastructure gaps in Asia and could boost global trade, World Bank officials say.

After weeks of fuel price increases, motorists will be greeted by a reduction in the prices of petroleum products on Sunday and Monday, October 14 and 15, 2018.

At least three giant foreign telecommunications companies have already secured bid documents for the government's third telco initiative, the Department of Information and Communications Technology said Saturday.

Independent oil players Seaoil Philippines and Unioil Petroleum Philippines on Saturday rolled back to prices of its fuel products.

Saudi Arabia's Crown Prince Mohammed bin Salman is facing a backlash over the disappearance of journalist Jamal Khashoggi from business and media previously supportive of his reform drive, with partnerships at risk and big names boycotting a major conference this month.

Governments should invest in healthcare and education for children in order to boost economic growth, the World Bank urged on Thursday.