Country: PH | Published: 2026-09-19
Philippine equities continued to sink under heavy selling pressure, with the peso also under strain as US Federal Reserve policy moves ripple through Filipino wallets and local inf
Philippine equities continued to sink under heavy selling pressure, with the peso also under strain as US Federal Reserve policy moves ripple through Filipino wallets and local inflation worries linger. The selling looks broad-based rather than tied to any single company story, pointing to macro-driven risk aversion across the board. On the diplomatic front, Manila is pushing policies to boost ASEAN's global competitiveness at regional meetings, a narrative that so far hasn't shifted the local tape.