Asian markets fluctuated Monday as investors struggled to maintain last week’s late tech recovery, with traders turning their focus to the upcoming earnings season, while oil prices fell on further supplies passing through the Strait of Hormuz.…
MANILA — The Philippine Stock Exchange Index (PSEi) closed lower on Tuesday, dropping 1.57 percent, or 96.24 points, to 6,037.17, pulling back below the 6,100 level. Investors remained on the defensive amid persistent geopolitical risks abroad and…
Technology companies are spending big to incorporate artificial intelligence into their businesses and to build huge data centers. Investors who had jumped on the bandwagon appear to be having second thoughts. Proponents of artificial intelligence see it…
MANILA, Philippines – Local stocks closed higher on Tuesday as bargain hunters swooped in on discounted shares, snapping a two-session decline, with foreign investors also returning as net buyers to provide added support. The Philippine Stock Exchange…
MANILA, Philippines – The Securities and Exchange Commission (SEC) has issued separate advisories warning the public against an unauthorized online lending platform and an unregistered gym investment program, urging consumers to verify entities before transacting. The SEC…
Asian shares were mixed in subdued trading early Tuesday, as recent enthusiasm cooled and markets faced uncertainty about efforts to end the war in Iran. Japan’s benchmark Nikkei 225 lost 0.9% in morning trading to 71,681.29. “We’ve…
MANILA – The Pag-IBIG Fund recently announced the rollout of the SAFE (Special Assistance for Financial Emergencies) Loan program to provide timely and practical relief to Filipino workers. The emergency cash facility allows qualified members to manage rising…
MANILA – The Pag-IBIG Fund announced on Tuesday the rollout of the SAFE (Special Assistance for Financial Emergencies) Loan program in line with directives from President Ferdinand R. Marcos Jr. to provide timely and practical relief to Filipino…
MANILA – The Philippine Stock Exchange index (PSEi) sustained its rally for the third consecutive day on Wednesday, but the Philippine peso weakened against the U.S. dollar. The local bourse’s main index rose by 0.68 percent to 5,953.17…
MANILA, Philippines — Philippine shares ended marginally lower on Wednesday as investors adopted a cautious stance after President Ferdinand Marcos Jr. raised concerns over possible stagflation risks amid persistent economic challenges. The benchmark Philippine Stock Exchange Index…
MANILA, Philippines — Philippine banks delivered a record-breaking performance in the first quarter of the year, with profits climbing despite heightened volatility in global markets brought about by tensions in the Middle East. Data released by the…
Most Asian shares were lower in morning trade on Monday, extending slides in global markets, as the impasse in the Middle East drove oil prices more than two percent higher. Washington and Tehran agreed to a truce…
