Global worries spark over 2% drop for PSEi

THE stock market plummeted by more than 2 percent on Thursday, joining other Asian markets that were hammered by an abrupt end to a summit between Donald Trump and Kim Jong Un, a slowdown in Chinese factory output and continued uncertainties over prospects of a US-China trade deal.

A man walks past an electronic board showing Hong Kong share index outside a bank in Hong Kong, Thursday, Feb. 28, 2019. AP PHOTO