© Provided by Xinhua BEIJING, Sept. 5 (Xinhua) China has allocated 200 million yuan (about 27.86 million U.S. dollars) to some regions affected by t
MIXED. The main stocks index finishes the week up amid concerns over the growth impact of the Federal Reserve's key rate hike decisions. On the other hand, the peso posted its weakest level to date against the US dollar due to the strengthening of the greenback. (PNA graphics) MANILA - The main stocks index finished the week up amid worries over the hawkish Federal Reserve stance but the peso posted its weakest to date. The Philippine Stock Exchange index (PSEi) rose by 1.58 percent, or 104.37 points, to 6,692.65 points. All Shares followed after it rose by 1.44 percent, or 50.49 points, to 3,548.53 points. Most of the sectoral indices also gained during the day, led by Holding Firms after it inched up by 2.99 percent. Industrial followed with a 1.72 percent jump, along with Services, 1.47 percent, and Property, 0.76 percent. On the other hand, Mining and Oil fell by 0.68 percent and Financials by 0.21 percent. Volume reached 1.02 billion shares amounting to PHP4.59 billion. Advanc
Senatorial aspirant and former presidential spokesperson Salvador Panelo (File photo) MANILA - A former Palace official on Sunday defended the directive of President Rodrigo Roa Duterte to restrict unvaccinated people from going out of their homes, saying it was part of the President's duty as head of state. Senatorial aspirant and former presidential spokesperson Salvador Panelo defended Duterte after the Commission on Human Rights (CHR) said Duterte's order to restrict unvaccinated people "violates" the Constitution and human rights. Panelo said there are provisions in the 1987 Constitution that allow the President to order restrictions in the mobility of unvaccinated people to secure the safety of the general public from the infectious disease. "Individual freedom to move can be restricted in the name of public health given the presence of the pandemic," he said in a press statement. Citing Section 4, Article II of the Constitution, Panelo said the Presid
Whether it’s a financial crisis or a pandemic, Andre Kubecka believes rolling with the punches is easier when you’ve got the right strategy in place and a mindset for success. With 20 years of e