PSEi tumbles on oil, peso woes

MANILA, Philippines — Local stocks tumbled on Wednesday as rising global oil prices and the peso’s plunge to record intraday lows rattled investors amid renewed Middle East tensions. The benchmark Philippine Stock Exchange Index (PSEi) fell 1.70 percent, or 106.36 points, to close at 6,158.34, wiping out the previous session’s modest gain. READ: Trump threatens to