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Stock market down on profit-taking, peso weakens

Profit-taking pulled the market down on Monday while the peso depreciated against the United States dollar. The Philippine Stock Exchange index (PSEi) declined by 16.71 points to close at 6,304.53 while the broader All Shares shed 1.71 points to 3,39…

Russia’s gasoline output rises by 3.3%, diesel by 6.4%

Gasoline production in Russia increased by 3.3 percent on an annual basis from January-August 2023 and diesel fuel by 6.4 percent, Russian Deputy Prime Minister Alexander Novak said at a meeting with Russian President Vladimir Putin. Novak said the Ru…

Negros Trade Fair to spur buying of world-class PH products

Negros Occidental Governor Eugenio Jose Lacson is hopeful the Negros Trade Fair (NTF) will inspire more Filipinos to buy locally-made, world-class products in the 37th edition of the country’s longest-running provincial trade fair at the Glorietta Act…

Oil prices up over tight supply outlook

Oil prices rose on Monday as markets focused on a tighter supply outlook after Russia limited the export of gasoline and diesel.International benchmark crude Brent traded at USD92.31 per barrel at 10.23 a.m. local time (0723 GMT), a 0.38 percent gain …