Philippine stocks slumped on Monday, bucking gains across the region, after the World Bank cut its growth outlook for the Philippine economy this year. The benchmark Philippine stock exchange index fell 0.67 percent, or 54.23 points, to 8,073.25 on Monday, while the broader all-shares index was down 0.40 percent, or 18.62 points, to 4,616.76. All […]
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