Saudis see oil output cuts easing in 2019 without hurting market
OPEC and its allies including Russia may next year ease the crude-output curbs that have helped prices recover from the worst crash in a...
DENR mulls forming task force to enforce wildlife protection laws
The Department of Environment and Natural Resource (DENR) is mulling over the formation of a separate bureau to strictly enforce wildlife and environmental laws...
Philippines uses dollar pile against speculators — BSP governor
The Philippine central bank sells dollars from its pile to curb excessive peso volatility against speculators using a cut in banks’ reserve ratios “as...
BSP governor recovering from cancer
Philippine central bank Governor Nestor A. Espenilla, Jr. said he’s recovering from early stage tongue cancer diagnosed in November, assuring that it won’t distract...
Shares seen to move sideways this week
Local equities may continue trading sideways this week as investors reposition their portfolios ahead of the earnings season.
The bellwether Philippine Stock Exchange index (PSEi)...
Peso may weaken this week on hawkish Fed tone
The peso will likely weaken against the dollar this week due to hawkish speeches from US Federal Reserve (Fed) officials amid generally mixed US...
Two psychiatrists to attend Sereno impeachment hearing
The House Committee on Justice has invited two psychiatrists to shed light on matters involving the psychological evaluation of Chief Justice Maria Lourdes P.A....
Market volatility can’t absorb MPO increase — SEC chief
The Securities and Exchange Commission (SEC) plans to raise the minimum public ownership (MPO) of publicly listed companies by the end of 2018, but...
PSE confident of lowering broker ownership
The Philippine Stock Exchange, Inc. (PSE) is confident that it will finally be able to bring down broker ownership in the bourse to less...
LTFRB to study allowing TNVS outside Metro Manila
The Land Transportation and Franchising Regulatory Board (LTFRB) is looking into allowing transport network vehicle services (TNVS) to operate in more regions in the...
Stocks continue decline
Shares continued to decline on Friday, pulled down by index heavyweights unloaded by foreign investors.
The 30-member Philippine Stock Exchange index lost 0.56% or 48.01...
Peso ends week higher as correction continues
The peso strengthened anew against the dollar on Friday, Feb. 23, retreating back to the P51 level, as the local currency continued to correct...