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Semirara FY23 net income down 30% to P27.9-B
Semirara Mining and Power posted an FY23 net income of P27.9 billion and a Q4 net income of P5.3 billion......»»
BSP rate cuts seen in lockstep with US Fed
The Bangko Sentral ng Pilipinas is expected to move in lockstep with the US Federal Reserve as it pivots to an easing cycle after emerging as the most aggressive central bank in the region......»»
Market falls amid worries over rate cuts, China growth
Share prices ended in the red for a third session after another dour day across global markets, fuelled by a sense of resignation that the interest rate cuts long expected in March will not materialize due to stubbornly high inflation......»»
Murder case filed vs 5 tagged in slay of Lapu market collector
LAPU-LAPU CITY, Cebu- A murder case was filed against five individuals tagged in the killing of a Lapu-Lapu City market collector. Public Market Executive Assistant for Market Operations, Christopher Ceniza was shot-killed by two individuals riding a motorcycle on January 5, while collecting market fees from the vendors. Two of the suspects, who served as.....»»
Market Reels: How Stock Market Investing Aligns with Online Gaming Strategies
In the unpredictable world of finance, investors often find themselves navigating through an array of strategies and tactics to maximize their returns. Surprisingly, the stock market and online slot games share some intriguing parallels. While one is associated with the thrill of risk and the other with calculated investments, the similarities between the two might […] The post Market Reels: How Stock Market Investing Aligns with Online Gaming Strategies appeared first on Kagay An......»»
Xinhua Asia-Pacific news summary at 1600 GMT, Feb. 1
TOKYO -- Japan's lunar probe has re-entered a dormant state and suspended activities as it reached sunset, rendering solar power generation unavailable, the country's space agency said on Thursday. The planned activities for the Smart Lander for Investigating Moon (SLIM), which made Japan the world's fifth lunar landing country, concluded on Wednesday, the Japan Aerospace Exploration Agency (JAXA) said. (Japan-M.....»»
Xinhua Asia-Pacific news summary at 1600 GMT, Feb. 1
TOKYO -- Japan's lunar probe has re-entered a dormant state and suspended activities as it reached sunset, rendering solar power generation unavailable, the country's space agency said on Thursday. The planned activities for the Smart Lander for Investigating Moon (SLIM), which made Japan the world's fifth lunar landing country, concluded on Wednesday, the Japan Aerospace Exploration Agency (JAXA) said. (Japan-M.....»»
Bloody rido in isolated Cotabato barangay waning down
Guns are silent in Barangay Matilac in Pigcawayan, Cotabato since last week after the military had repositioned away from each other two Moro groups that figured in deadly gunfights in the area in recent months......»»
Indigenous people criticize business as usual mining practices
BRASILIA, Brazil - Indigenous representatives from 35 countries issued a declaration Thursday criticizing the fact that they are too rarely consulted about mining that takes place on or near their lands, an issue that has become more acute with increased demand for minerals needed in the transition to a cleaner energy system.'We recognize and support the need to end fossil fuel reliance and shift to renewable en.....»»
BSP prodded to build up forex reserves
The Bangko Sentral ng Pilipinas should continue rebuilding its gross international reserves amid the wide current account deficit and heavy reliance on debt funding, according to Bank of America Global Research......»»
[OPINION] ‘Edsa-Pwera’ and the waning of a Constitution
This constitutional moment is a reckoning. But it doesn’t have to be one-sided......»»
With closure of Sky Cable, ANC offers paid subscription online in bid to stay afloat
The ABS-CBN News Channel pivots to paid subscription on YouTube as it stands to lose financial support arising from Sky Cable's closure.....»»
Household cuts rice consumption
Household cuts rice consumption.....»»
Faster inflation could delay interest rate cuts – BDO
Faster inflation could delay monetary policy rate cuts from the Bangko Sentral ng Pilipinas , according to an official from BDO Trusts and Investments, the investment arm of BDO Unibank Inc......»»
Gradual BSP rate cuts likely by Q3
The Bangko Sentral ng Pilipinas is expected to make gradual interest rate cuts starting in the third quarter of the year, according to global banking giant Citi......»»
Xinhua world economic news summary at 0900 GMT, March 11
TOKYO -- Tokyo stocks closed significantly lower on Monday amid a strong yen and concerns for an overheated market following the overnight losses of tech-related shares in the Wall Street market. Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended down 868.45 points, or 2.19 percent, from Friday to close the day at 38,820.49, the lowest level since Feb. 21. (Japan-Tokyo Stocks).....»»
Xinhua world economic news summary at 0900 GMT, March 11
TOKYO -- Tokyo stocks closed significantly lower on Monday amid a strong yen and concerns for an overheated market following the overnight losses of tech-related shares in the Wall Street market. Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended down 868.45 points, or 2.19 percent, from Friday to close the day at 38,820.49, the lowest level since Feb. 21. (Japan-Tokyo Stocks).....»»
3 Chinese face raps for using fireworks display on Chinese New Year in Davao City
THREE Chinese nationals in Davao City will face legal cases for violating City Ordinance 060-02, also known as the Firecracker Ban, after their minute-long fireworks display during the Chinese New Year celebration on Friday night, February 9, 2024......»»
Xiaomi takes aim at Tesla in Chinese auto market with $29,870 electric car
BEIJING (Reuters) – Chinese smartphone maker Xiaomi launched a sporty electric car on Thursday with styling cues drawn from Porsche and priced below Tesla’s Model 3, highlighting the stiff competition from new entrants in an already crowded EV market in China. During the two hour-long event, Xiaomi CEO and founder Lei Jun told a packed.....»»
ERC suspends reserve market settlement
The Energy Regulatory Commission has ordered the Philippine Electricity Market Corp. and the Independent Electricity Market Operator of the Philippines Inc. to suspend settlement amounts in the reserve market......»»