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Category: finance

CFA Level 1 August 2025 Results OUT At cfainstitute.org; 43% Candidates Clear Exam

The CFA Institute has released the CFA Level 1 August 2025 results on its official website, cfainstitute.org. Out of more than 26,000 candidates who appeared, 43% cleared the exam, a dip from 45% in May. Non-deferred candidates saw a higher 50% success rate, while deferred test-takers had a 29% pass rate.

Gold futures rise above $4,000 per ounce for the first time

NEW YORK, United States — Gold futures soared above $4,000 per troy ounce for the first time Tuesday, as many investors seek a safe place to park their money during the continuing U.S. government shutdown. The going price for New York spot gold had previously closed at $3,960.60 per troy ounce — the standard for

Why the psychology of ‘utang’ matters for the economy

MANILA, Philippines – Debt or “utang” is not just a financial tool anymore. It is the lifeline that keeps many Filipino families afloat. With consumer spending making up about 70 percent of the economy, every peso that is spent keeps the economy moving. When households keep buying, businesses do well but when they cut back,

Gold rally lifts Philippine dollar reserves to 11-month high

MANILA, Philippines — The Philippines’ gross international reserves rose to $108.8 billion in September, the highest in 11 months, as higher gold prices boosted the value of the central bank’s holdings. The figure climbed from $107.1 billion in August, reflecting gains from global gold prices, investment income, and foreign currency deposits by the national government,

All set for Maynilad’s P45.8-B stock debut

MANILA, Philippines – Maynilad Water Services Inc. inched closer toward its P45.8-billion initial public offering (IPO) this month after obtaining the approval of the Philippine Stock Exchange. The operator of the local bourse said in an advisory on Monday that Maynilad would offer up to 2.3 billion shares for as much as P20 each. The

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