PSEI DIPS AS CORRUPTION CONCERNS WEIGH ON SENTIMENT The Philippine Stock Exchange index (PSEi) closed lower on Friday, slipping 0.32 percent to 6,037.79, as investor sentiment soured over concerns that corruption issues could dampen the country’s economic prospects. The market decline followed the Bangko Sentral ng Pilipinas’ (BSP) decision to cut policy rates on Thursday, a move that came amid a weaker domestic growth outlook, which the central bank partly attributed to governance challenges. T

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