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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.....»»
Historically low valuation
The Philippine stock market bloodbath over the past two years saw the PSEi plummet from 7,122.6 on the last trading day of 2021 to 6,566.4 on the last trading day of 2022 for a 7.8 percent annual retreat and slide even further in 2023 to close at 6,450.0 on the last trading day of the year. In terms of valuation, the PSEi’s 2023 year-end 12.9x price-to-earnings (P/E) ratio does not fare well when compared against its past performance in prior years......»»
First Metro thinks PSEi could hit 7,500 this year
First Metro Investment Corp head of research, Cristina Ulang, said that the PSEi could rise to as high as 7,500 this year......»»
PSEi tumbles as Fed quashes rate cut hopes
Local stocks retreated yesterday as investors took cues from Wall Street’s overnight performance......»»
Fed Chief Powells Remarks on March Rate Cut Unlikely to Cause Stock Tumble: The Daily Guardians Guide to Navigating the Market
Title: Market Rebounds After Fed Chief’s Comments, Tech Stocks Experience Declines Subtitle: Investors Advised to Be Cautious Amidst Volatility Date: [Insert Date] Author: [Your Name].....»»
Economic worries weigh down PSEi
Share prices continued to correct, finishing in negative territory anew yesterday on concerns over economic growth prospects here and in China......»»
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......»»
PSEi forecast to touch 7,000
The Philippine Stock Exchange index is set for recovery as it is expected to hit 7,000 to 7,500 by the fourth quarter of this year, according to First Metro Investment Corp......»»
FPRRD senatoriable rating slides
FORMER president Rodrigo Duterte slips down from the top spot of the leading candidate for the 2025 Senatorial Elections in a PUBLiCUS Asia survey......»»
Eala slides down two spots in latest WTA rankings
Alex Eala slipped a bit in the Women’s Tennis Association (WTA) rankings after an early exit in the 2024 Australian Open in Melbourne last week......»»
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......»»
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......»»
Quick look at the week ahead
We don’t have any big scheduled news or events coming directly from the PSE or any of its companies this week, but we do have the US Federal Reserve (the “Fed”) decision on US interest rates that we will learn about on Thursday morning......»»
PSEi falls, mirrors US equities
Local stocks plunged to close the week in the red as they mirror negative sentiment in US equities......»»
PSEi to stay at 6,700 ahead of inflation data
The stock market will try to hold on to the 6,700 level this week as investors will be on the lookout for inflation data and corporate earnings results......»»
PSEi back to 6,600 level on Wall Street gains
The Philippine stock market sustained its strength yesterday, returning to the 6,600 mark......»»
Tulfo’s bill seeks to impose stricter penalties for drunk drivers
MANILA, Philippines — A bill seeking to impose stricter penalties for drunk drivers, including a fine of up to P1,000,000, has been filed by Senator Raffy Tulfo. At present, the current law penalizes drunk drivers who caused homicide with a fine ranging from P300,000 to P500,000. But Tulfo, through his Senate Bill No, 2546, proposed.....»»