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Positive earnings results boost share prices

The stock market ended a two-day bleeding after a slew of positive corporate earnings results buoyed investor sentiment......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

Nvidia exceeds expectations with strong results and forecasts as China sales decline significantly

Nvidia (NVDA) Exceeds Expectations with Strong Fourth-Quarter Earnings Graphics chip giant Nvidia (NVDA) has reported fourth-quarter earnings that surpassed analysts’ expectations, both on the top.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 22nd, 2024

Nvidia Earnings Pose Critical Test for AI-Led Market Rally – The Daily Guardia

Dow Jones Futures Flat, Nvidia Earnings Loom Large In a recent update on Sunday night, Dow Jones futures remained unchanged, with all eyes on Nvidia.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 19th, 2024

Robinsons Retail core earnings slightly up in 2023

Core earnings of Gokongwei-owned Robinsons Retail Holdings Inc. increased by 0.6 percent to P5.59 billion in 2023......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

Market gets ready for earnings results

The stock market is priming up for the release of fourth quarter and full-year 2023 corporate earnings starting this week after laying the groundwork for further ascent last week, traders said......»»

Category: financeSource:  philstarRelated NewsJan 15th, 2024

BSP boss shines spotlight on insider trading

As reported by the BusinessMirror, BSP Governor Eli Remolona gave a speech at the Manila Polo Club to a meeting of Rotary Club members where he noted the problem of insider trading, citing the specific example of how “nothing moves” when listed companies report overwhelmingly positive earnings because those trades were placed ahead of the announced earnings......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Gen Z more into buy now, pay later schemes – survey

The use of buy now, pay later (BNPL) services is on the rise in the Philippines, with the biggest increase observed among Gen Z consumers, according to a study from global information and insights company TransUnion......»»

Category: financeSource:  philstarRelated NewsMay 4th, 2024

Daily Guardian: Asian Stocks Rise Before Key US Inflation Data

Asian shares surged on Monday following gains on Wall Street, with investors closely watching US consumer price data for clues on the Federal Reserve’s policy.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 29th, 2024

World Bank Sees Further Economic Growth for PH

The World Bank sees positive growth in the country’s economy in the next few years. According to the World Bank, they expect the average growth will be at an average of 5.9% annually between 2024 and 2026. The World Bank said that the growth rate in 2024 will be at 5.8%, while 5.9% in 2025. […].....»»

Category: newsSource:  metrocebuRelated NewsJun 5th, 2024

ADB cuts Philippines growth outlook to 6% in 2024

The Asian Development Bank has trimmed its growth forecast for the Philippines for this year, citing risks posed by extreme weather events that can drive up inflation and the slower growth in advanced economies......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

Double-digit growth in bank lending seen this year

The Philippine banking sector is expected to book double-digit growth in loan disbursements this year on the back of robust economic growth, according to BMI Country Risk & Industry Research......»»

Category: newsSource:  philstarRelated NewsJan 19th, 2024

Gov t cuts growth target to 6%-7% — NEDA

In a press briefing with the members of the press on Thursday, Balisacan said that the country's economic growth target had been revised following a careful consideration of factors such as the global economic slowdown, rising oil prices and inflation trends......»»

Category: financeSource:  philstarRelated NewsApr 4th, 2024

Nomura hikes Philippines growth target for 2024

Nomura Global Markets Research has upgraded its economic growth forecast for the Philippines to six percent from 5.8 percent for this year after a better-than-expected expansion in 2023......»»

Category: financeSource:  philstarRelated NewsFeb 9th, 2024

‘Philippine banks to ride wave of robust economic growth’

The projected robust economic growth this year could shape up into a better year for Philippine banks, S&P Global Ratings said......»»

Category: financeSource:  philstarRelated NewsJan 30th, 2024

Moody’s Analytics sees below 5 percent GDP in Q4

Philippine economic growth likely slowed to below five percent in the final quarter of 2023 on the back of softer global economic growth, according to Moody’s Analytics......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

Government sticks to 6.5-7.5 percent growth target for 2024

Despite global and domestic headwinds, the government is still aiming to attain a 6.5 to 7.5 percent economic growth for this year, according to National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan......»»

Category: financeSource:  philstarRelated NewsJan 26th, 2024

Axelum to expand global reach

With the entry of Manuel V. Pangilinan-led Metro Pacific Investments Corp. as a strategic investor, Axelum Resources Corp. is now looking to embark on a strategic program that includes expanding its global reach and product portfolio to anchor long-term growth......»»

Category: financeSource:  philstarRelated NewsFeb 7th, 2024

Philippines joins global coalition on social justice

The Philippines has joined an initiative that aims to improve global cooperation in advancing social justice, decent work and inclusive growth, the International Labour Organization (ILO) announced Thursday......»»

Category: newsSource:  philstarRelated NewsJan 25th, 2024

Metro Pacific charts stronger growth path

Conglomerate Metro Pacific Investments Corp. is charting a stronger growth path on its first year back as a private company following its delisting from the stock market late last year......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

Taiwan’s indispensability in preparing for future pandemics

The three years of the COVID-19 pandemic resulted in a terrible loss of life and exacerbated health inequalities. The global economy slumped and, worldwide, people’s lives were affected. This experience demonstrated that the present global health governance framework is not effective in responding to threats to global health......»»

Category: newsSource:  philstarRelated NewsMay 18th, 2024