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MANILA—Local stocks rose Monday in line with most Asian markets on hopes the US Federal Reserve may pause monetary tightening in response to weak jobs data. The 30-company Philippine Stock Exchange index climbed 33.62 points, or 0.54 percent, to close at 6,214.68, while the broader all-shares index picked up 14.47 points to settle at 3,356.44. […]
The post Stocks traded higher Monday on latest US jobs data appeared first on Manila Standard.

New factory orders fell and output growth cooled in August 2023, based on the latest S&P Global Philippine Purchasing Managers’ Index. S&P Global said for the first time in two years, the headline PMI—a composite single-figure indicator of manufacturing performance—posted below the neutral 50.0 threshold, indicative of a deterioration in the health of the Filipino […]
The post Manufacturing index fell in August appeared first on Manila Standard.

Taking mobile livestreaming to a whole new level, Smart Communications, Inc. (Smart) and US-based Radisys® Corporation, a subsidiary of Jio Platforms Limited, successfully ran its beta test of the Smart LiveStream App boasting groundbreaking features at the FIBA Basketball World Cup 2023. As FIBA’s official global partner, Smart, the wireless unit of PLDT Inc. collaborated […]
The post Experience future of mobile streaming at FIBA Basketball World Cup 2023  appeared first on Manila Standard.