Asian shares tumble after Trump announcement on new tariffs; PSEi marks weeklong decline | |
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Asian shares fell on Friday after President Donald Trump announced plans for new tariffs including 100% import taxes on pharmaceutical drugs starting Oct. 1. Read more | |
Meanwhile, the Philippine Stock Exchange (PSEi) stayed in the red on Friday, Sept. 26, marking a whole week of daily declines, as developments in the United States (US) dampen hopes of aggressive rate cuts by the US Federal Reserve (Fed) and the Bangko Sentral ng Pilipinas (BSP). Read more | |
