FRANKFURT -- Most banks in eurozone continued to tighten their credit standards in the third quarter of this year, according to the results of a survey conducted by the European Central Bank (ECB) and published on Tuesday.
Fifty-six percent of the 157 banks involved in the ECB lending survey conducted between Sept. 15 and Oct. 2 reported they had tightened their credit standards. (Eurozone-Banks-Credit Standards)
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NEW YORK -- The U.S. dollar increased in late trading on Tuesday, as S&P Global manufacturing purchasing managers' index (PMI) in the United States rose, while the eurozone October PMI hit near 3-year low, stirring recession worries.
The dollar index, which measures the greenback against six major peers, increased 0.69 percent to 106.2679 in late trading. (US-Dollar-Strong)
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MANILA -- The Philippine government booked a budget deficit of 250.9 billion pesos (4.42 billion U.S. dollars) in September, 39.6 percent higher than in the same period in 2022, the Bureau of the Treasury said Wednesday.
That brought the year-to-date budget deficit to 983.5 billion pesos (17.3 billion dollars), down by 2.89 percent compared with the same period last year, the bureau said. (Philippines-Budget Deficit-September) Enditem
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