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Politics, peso keep PSEi red for 7th session

MANILA, Philippines – The local bourse extended its losing streak to the seventh consecutive session on Tuesday. Domestic politics and the weak currency continued to weigh on market sentiment, leading to more investors taking cover amid the uncertainty. By the closing bell, the benchmark Philippine Stock Exchange Index (PSEi) had lost 0.74 percent or 44.14

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PSA adopts measure in aftermath of credentials controversy

MANILA, Philippines—The Philippine Sportswriters Association (PSA) on Tuesday expressed alarm over what it described as a troubling use of media access as a form of censorship, following the temporary revocation of Spin.ph’s credentials by the Philippine National Volleyball Federation (PNVF). In a strongly worded statement, the PSA condemned the September 23, 2025 decision of PNVF

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Security Bank names new CEO

MANILA, Philippines – Security Bank Corp. has appointed Victor Lee Meng Teck, a Singaporean veteran banker, as its new president and CEO effective early January 2026. Lee, the former CEO of CIMB Singapore, will replace Sanjiv Vohra after more than six years. READ: Retail, MSME loans buoy Security Bank H1 profit Vohra will remain as

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‘Clear risk of recession’ if US hits Swiss pharma with 100% tariff: expert

ZURICH, Switzerland – Wealthy Switzerland could face recession if Washington slaps its vital pharmaceutical sector with the threatened 100-percent tariff, a leading Swiss economic expert told AFP Monday. US President Donald Trump last week said he would impose 100-percent tariffs on all branded pharmaceutical products from Wednesday, unless companies build manufacturing plants in the United

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