Peso falls to new record low 62.565:$1

MANILA, Philippines — The Philippine peso broke past the 62.5-per-dollar level to hit a new record low on Wednesday, widening its losses as renewed tensions in the Middle East reignited concerns about inflation and increased the appeal of safe-haven assets. The currency weakened 16.5 centavos from its previous close to finish at 62.565 per dollar, according