Global stocks mixed amid trade fears; euro slips on Italy
Investor nerves remained on show across global stock markets Monday amid continued fretting about the potential for a full-fledged trade war. The dollar strengthened...
Global economic upswing knocked back by Trump’s trade-war threat
Investors are worried that Donald Trump will derail world growth.
An announcement last week of tariffs on imported steel and aluminum triggered a slide in...
Oil rises as Libya’s biggest field briefly halts on pipe closure
Oil rose after its steepest weekly loss in a month as Libya was said to halt production briefly at its biggest field.
Futures in New...
Stocks dip as market continues to consolidate
Shares started the week on a negative note, as the main index digested the impacts of interest rate hikes and higher inflation in the...
Peso sinks ahead of February inflation figures
The peso weakened against the dollar on Monday, March 5, touching the P52 level anew, as market players reduced their position ahead of the...
Globe deactivates over 14,000 SIM cards found to be sources of text scams
Globe Telecom Inc said it has deactivated over 14,000 SIM cards found to be sources of spam and scam text messages.
The telco giant said...
RCBC doubles medium-term note program to $2 billion
Rizal Commercial Banking Corp. (RCBC) doubled its medium-term note program to raise additional capital.
In a disclosure to the local bourse on Monday, March 5,...
Philippines ‘best country to invest in’ — report
The Philippines was named the top investment destination by a global research firm, noting that its young population will attract more firms looking for...
Solicitor general files quo warranto petition against Sereno
The Office of the Solicitor General (OSG) on Monday, March 5, filed before the Supreme Court (SC) a petition for quo warranto against Chief...
Misdeclared cigarettes, fireworks from China seized at Port of Manila
Two 40-foot container vans from China, which carried misdeclared cigarettes and fireworks said to be worth a total of P8.98 million were busted by...
ATN Holdings to allot P150 M in capital equipment for infra projects
ATN Holdings, Inc. said its board of directors had approved an "additional major investments" in capital equipment amounting to P150 million for this year...
Stocks decline in Asia as Trump rattles nerves
Asian stocks built on losses seen in the U.S. equities session, ending a tough week for risk assets that’s rekindled concerns about what a...