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Thin volume seen on short trading week
Local stocks are expected to move sideways this week with only three trading days due to the Holy Week break......»»
Stocks rebound as Wall Street bounces back
Local stocks bounced back yesterday to close the week on a positive note as the local bourse mirrored gains in the US market......»»
Huangyan Dao is beyond limits of Philippine territory: FM spokesperson
BEIJING, Feb. 2 (Xinhua) -- Huangyan Dao is China's inherent territory, which is beyond the limits of Philippine territory, Chinese foreign ministry spokesperson Wang Wenbin said on Friday. China has indisputable sovereignty over the island and its adjacent waters. China exercises sovereignty and jurisdiction over Huangyan Dao in a continuous, peaceful and effective manner, Wang told a regular press briefing whe.....»»
Huangyan Dao is beyond limits of Philippine territory: FM spokesperson
BEIJING, Feb. 2 (Xinhua) -- Huangyan Dao is China's inherent territory, which is beyond the limits of Philippine territory, Chinese foreign ministry spokesperson Wang Wenbin said on Friday. China has indisputable sovereignty over the island and its adjacent waters. China exercises sovereignty and jurisdiction over Huangyan Dao in a continuous, peaceful and effective manner, Wang told a regular press briefing whe.....»»
Stocks up, peso breaches 56:$1
The stock market posted slight gains yesterday as it tracked upswing in US markets, while the peso weakened and breached the 56 to $1 barrier......»»
Market ends week in negative territory
Local stocks fell yesterday to close the week in the red as investors decided to take profits at the last minute......»»
Philippine stocks fall as investors realign holdings
Local stocks tumbled yesterday ahead of month-end realigning of portfolios......»»
Market steps closer to 7,000 level
Investors yesterday pushed the benchmark index to within the 7,000 territory, as they opened the week making bets on local stocks ahead of the reporting February inflation......»»
Stocks pull back on inflation impact
Investors yesterday pulled the market back closer to the 6,900 territory, pricing in the impact of inflation landing on the higher end of the target band......»»
‘BSP ready to mitigate excessive peso volatility’
Monetary authorities are ready to mitigate any “unnecessary movement” and “excessive volatility” in the foreign exchange market as the peso sank to fresh 17-month lows against the dollar, according to Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr......»»
Peso underperformance likely to continue – MUFG
The Philippine peso may continue to underperform against the dollar this quarter amid the country’s wide current account deficit and expensive foreign exchange valuations, Tokyo-based MUFG Bank said......»»
End-January Philippine debt balloons to P14.79 trillion — Treasury
The Philippines' outstanding debt climbed to a record of P14.79 trillion as of the end of January 2024 due to the net issuance of domestic securities and the effect of peso depreciation, the Bureau of Treasury (BTr) said on Friday......»»
Panatag is proven PH territory; China claims it by bogus history
A civilian supply expedition to Panatag (Scarborough) is set this summer. The shoal is Philippine territory. Filipinos have every right to enter its 15,000-hectare lagoon bound by rocks and reefs......»»
Philippines to improve 9 of its islands in South China Sea
MANILA, The Philippines: The Philippines is set to enhance the habitability of islands it considers part of its territory in the South China Sea, according to Romeo Brawner, Manila's military chief. These plans are unfolding amid escalating tensions between the Philippines and China, as both nations claim South China Sea territory and have accused each other of provocative actions in the region. Apart fr.....»»
Philippines to enhance habitability of its islands in South China Sea
MANILA, The Philippines: The Philippines is set to enhance the habitability of islands it considers part of its territory in the South China Sea, according to Romeo Brawner, Manila's military chief. These plans are unfolding amid escalating tensions between the Philippines and China, as both nations claim South China Sea territory and have accused each other of provocative actions in the region. Apart fr.....»»
AFP’s main challenges: Preserving, protecting Philippines territory, sovereignty
Without specifically mentioning the West Philippine Sea and the country’s current problems with China in the area, Defense Secretary Gilbert Teodoro Jr. said preserving and protecting Philippine territory and sovereignty tops the military’s main challenges for 2024......»»
Stocks extend losing streak
Local stocks continued its descent as investors took a cautious approach ahead of the Bangko Sentral ng Pilipinas policy meeting......»»
Stocks advance anew on rosy corporate earnings
Local stocks advanced for a second consecutive session as rosy corporate earnings provided a boost to investor sentiment......»»
Stocks rebound on encouraging GDP numbers
Local stocks rebounded from a two-day slump after Philippine economic growth was reported at 5.6 percent yesterday......»»
Stocks snap 3-day rally as investors take profits
Local stocks took a breather yesterday, ending a three-day rally as investors cashed in on the market’s recent gains......»»