Stocks extend slump on weaker US retail sales, rising trade-war fears
The Philippine Stock Exchange index (PSEi) took another beating on Thursday, falling by almost 10% from its record high last January, tracking regional markets...
Peso strengthens as US political turmoil sparks trade-war risk
The peso strengthened against the dollar on Thursday, March 15, as investors stayed on the sidelines amid the geopolitical noise coming from President Donald...
DTI chief cites opportunity to tap fast-growing China market in Shanghai expo
The Department of Trade and Industry (DTI) is expecting increased trade between the Philippines and China through the China International Import Expo (CIIE) which...
Asia stocks mixed as investors gauge Trump team revamp
Stocks put in a mixed performance in Asia, while the yen appreciated, as investors gauge the implications of the latest personnel changes in the...
Philippines warns other countries will follow after ICC exit
The International Criminal Court (ICC) may sink into oblivion, and prosecutor Fatou Bom Bensouda is to blame, said Presidential Spokesperson Herminio Harry L. Roque,...
Bitcoin pop culture moment fades as fad gives way to regulators
Suddenly, Bitcoin seems a bit boring.
It might be hard to believe. But after the 1,400 percent rally of 2017, with wild swings along the...
Manila Water completes acquisition of stake in Thai water firm
Manila Water Co., Inc. has closed the acquisition of a significant stake in a publicly listed company in Thailand, adding the earnings contribution of...
Global stocks gain as China data lift miners; euro dips
Stocks in Europe advanced as economic data from China lifted mining shares after a day of market turmoil sparked by the latest shakeup in...
Berjaya PHL Q3 net income up 3%
Berjaya Philippines, Inc. booked a single-digit growth in the quarter ending January 2018, as the company recorded higher sales in its luxury automobiles segment.
In...
Investments in manufacturing surge in 2017
Manufacturing investments in the country in 2017 surged by more than 200% from a year ago, the Department of Trade and Industry (DTI) said,...
IC shuts down five insurance firms
The Insurance Commission (IC) has shut down the operations of five insurers for failing to meet the minimum net worth requirement.
In a statement on...
Metrobank sets final terms for stock rights offer
Metropolitan Bank and Trust Co. (Metrobank) has set the final terms of its stock rights offering (SRO) seen to raise P60 billion to fund...