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 — 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 shares advanced on Thursday, buoyed by easing geopolitical tensions in the Middle East that lifted investor confidence despite slower-than-expected economic growth in the Philippines. The benchmark Philippine Stock Exchange Index gained 67.06 points,…
US video game retailer GameStop made a takeover bid on Sunday to buy eBay for about $55.5 billion in an attempt to turn the online marketplace into a competitor to e-commerce giant Amazon. Gamestop is offering $125…
Oil prices extended gains on Friday, and stocks struggled as investors worried about a lack of progress in ending the Middle East crisis, with Tehran keeping the Strait of Hormuz closed and the US maintaining a blockade…
HONG KONG, China — Oil prices rallied and stocks tumbled again Monday as the Middle East crisis escalated with the entry of Houthi rebels into the Iran war and investors grew increasingly concerned the United States would…
New York, United States – Investors dumped US government bonds, the dollar tumbled and stocks seesawed Friday, capping a volatile week as President Donald Trump’s unpredictable tariff policy rattled market confidence. Trump triggered a massive market sell-off…
MANILA, Philippines — The stock market’s poor performance in 2024 creates more growth opportunities this year, with the Philippine Stock Exchange Index (PSEi) expected to reach around 7,600. First Metro Securities and Singapore’s DBS Bank stated that…
The Philippines’ strong alliance with the United States could protect it from the effects of another Donald Trump presidency, potentially helping the local stock market reach 8,600 by the end of 2025. Strong US alliance seen boosting…
MANILA, Philippines —The Philippine Stock Exchange Index (PSEi) will rise significantly this year due to anticipated interest rate cuts, leading to better company profits, the chief investment officer of Sun Life Investment Management and Trust Corp. said.…
MANILA, Philippines —A top stockbrokerage in the country advises investors to keep cash amid US recession fears, despite the Philippines’ strong economic growth bouyed by easing interest rates and inflation. COL Financial Group chief equity strategist April…
It was awfully quiet during dinner. I could see that my dad was burdened and had little sleep. He was staring at his untouched food, until he finally said, “Today at work, we had to cut costs…
