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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…
Stocks fell sharply on Wall Street Friday as fears spread through the markets that a virus outbreak emanating from China will dent global growth. The Dow Jones Industrial Average skidded more than 600 points and the S&P…
TOKYO – Asian shares were higher Wednesday after a gain on Wall Street boosted by healthy earnings reports from U.S. companies. Japan’s benchmark Nikkei 225 rose 1.6% in morning trading to 22,554.05, while Australia’s S&P/ASX 200…
CEBU CITY, Philippines — There will be no random drug testing for government employees in Cebu province this June. The Cebu Provincial Anti-Drug Abuse Office (CPADAO), which implements drug testing in local government units (LGUs) and other…
Major markets in Asia and Europe rose on Tuesday after Donald Trump and Kim Jong Un held a historic summit, while investors look ahead to key policy meetings at the Federal Reserve and European Central Bank this…
Question: How can an investor possibly make money in a stock market with unending ups and downs? It is keeping me up at night and jittery during the day. (Asked at “Ask a Friend, Ask Efren” free…
Prices of rice remain stable at Cebu’s public markets and there is no shortage of rice stocks at the government’s National Food Authority (NFA), the regional office of the Department of Agriculture (DFA-7) said yesterday. Gerry Avila,…
The House committee on good government and public accountability is poised to investigate the alleged profiteering of Social Security System (SSS) senior executives through stock trading. “If the resolution filed by Congressman Carlos Zarate is referred to…
GOKONGWEI-led retailer Robinsons Retail Holdings, Inc. has acquired a majority stake in the country’s largest generics drugstore chain The Generics Pharmacy (TGP) from the Liuson family. In a disclosure to the Philippine Stock Exchange (PSE) on Tuesday,…
Listed conglomerate Phinma Corp. yesterday took over the management of Southwestern University (SWU) after completing the acquisition of a majority stake in the Aznar-founded institution. Newly appointed chairman Chito B. Salazar Jr. said in a press conference…
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