BSP rate cut pushes PSEi past 6,400

MANILA, Philippines — The Philippine Stock Exchange Index (PSEi) edged higher on Thursday after expectations of further monetary policy easing buoyed investor sentiment. This reinforced gains already supported by positive leads from Wall Street. The PSEi rose by 0.19 percent or 12.38 points to close at 6,407.15. Hopes for another policy rate cut — which