The U.S. stock market’s record-breaking rally slowed on Monday after uncertainty rose over the weekend about what will happen next in the Iran war, while oil prices rose. The S&P 500 inched 0.1% higher to its latest all-time high, a downshift…
MANILA – The local stock market fell on the first trading day of the week amid cautious investor sentiment, while the peso closed almost flat. The Philippine Stock Exchange index (PSEi) declined by 0.71 percent to 5,901.15, while…
MANILA, Philippines — The Philippines remained the largest recipient of Asian Development Bank (ADB) assistance in 2025, as the multilateral lender ramped up funding to help the country address infrastructure gaps, climate risks, and structural economic challenges.…
MANILA, Philippines — The Philippines will join a major global bond benchmark for emerging markets beginning January next year, a development seen to draw stronger foreign participation in its local debt market. A report by Reuters said…
Asian shares were mixed in cautious trading Wednesday, as investors watched for next steps in the U.S.-Iran conflict after President Donald Trump extended a ceasefire that was set to expire. Japan’s benchmark Nikkei 225 rose 0.3% to…
CEBU CITY, Philippines — The Cooperative Development Authority (CDA) Central Visayas hopes that more young people will join cooperatives. Cristina Villamil, regional director of CDA-7, said in a news forum of the Philippine Information Agency here that…
CEBU CITY, Philippines — As the Bangko Sentral ng Pilipinas (BSP) starts accepting applications for digital banking licenses again, the Philippine financial sector is set for a big change. This move highlights the important role digital banks…
NEW YORK (AP) — Money might not be the most romantic topic for Valentine’s Day, but talking about finances with your significant other is a key element of a healthy relationship. Money problems are one of the…
MANILA, Philippines — Cagayan de Oro City Rep. Lordan Suan suggests adding financial literacy education, covering savings, investing, insurance, and taxes, to the senior high school curriculum for better-informed financial decisions by the youth. Suan filed House…
CEBU CITY, Philippines – The Cebu City government has finally concluded its budget hearing for the 2024 annual budget. However, the aftermath placed the proposed budget of the 36 departments and offices at Cebu City Hall in…
Bank note collectors and researchers around the world picked the Philippines’ polymer P1,000 bill as its “Bank Note of the Year 2022” in appreciation of its “eye-pleasing” design as well as its underlying promotion of ecological conservation.…
CEBU CITY, Philippines—Before the end of the term of 15th Sangguniang Panglungsod, the council members are set to pass one last Supplemental Budget on Wednesday, June 29, 2022. Incoming Vice Mayor and incumbent majority floor leader, Councilor…
