Quick takes from around the market
Alternergy board approved a plan to list its Series 1 and Series 2A preferred shares that are already issued and outstanding......»»
Higher biofuel blend takes effect in October
The government is raising the country’s biofuel blend – more than a decade after it last adjusted the mix rates – to reduce the prices of various fuel products in the market......»»
NBA: Warriors win against Magic despite Green ejection
The Golden State Warriors, fueled by 23 points from Andrew Wiggins and two late baskets by Stephen Curry, beat the Magic 101-93 in Orlando, despite the ejection of Draymond Green just 3 minutes 36 seconds into the contest. Curry was left shaking his head when Green was tossed, receiving two quick technical fouls for heatedly.....»»
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......»»
Lady Bulldogs quickly move on from La Salle loss
The National University Lady Bulldogs were quick to recover after their five-game UAAP Season 86 win streak was snapped at the hands of defending champs DLSU Lady Spikers last weekend......»»
Banawe’s best! Touring Chinatown QC’s temples and restaurants
The Quezon City government takes us on a tour of nine landmarks around the district – five restaurants, two temples, a toy museum, and a symbolic landmark!.....»»
Eye on inflation as market returns from long holiday
Investors will keep an eye on the results of the March inflation data this week, as the stock market heads into the second quarter with renewed optimism after managing to close the first quarter on a positive note......»»
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).....»»
How to Trade the Forex Market: A Comprehensive Overview
Trading the forex market involves buying and selling currencies with the intention of making a profit from the changes in the exchange rate, hence why.....»»
Philippine bond market hits $217 billion in Q4
The Philippine bond market went up slightly in the fourth quarter of 2023 due to the increase in government bond issuances, according to a report from the Asian Development Bank......»»
Market rally at risk from profit takers
Investors will be on the lookout for fresh catalysts this week which, if successful, could propel the stock market to the 6,900 level, or even back to the 7,000 mark......»»
BPI raises $400 million from offshore debt market
Bank of the Philippine Islands has raised $400 million after successfully tapping into the offshore debt market for the first time since 2019......»»
Market ends week on high note
The stock market capped off the week on a high note, buoyed by positive cues from the US markets overnight......»»
Market extends winning streak
The stock market surged anew yesterday, extending its winning streak to a fifth session, as investor sentiment was boosted by the latest local unemployment data and positive cues from Wall Street overnight......»»
Dito wants to capture 20 percent of market
Telco newcomer Dito Telecommunity Inc. has set its sights on cornering up to 20 percent of the market for mobile users, as the company shifts its focus from network expansion to customer acquisition......»»
Metrobank raises record $1 billion from international bond market
Metropolitan Bank & Trust Co. has raised $1 billion as investors gobbled up its dual tranche offering of five and 10-year dollar-denominated notes as part of its return to the offshore debt market......»»
Market extends rally on positive investor sentiment
The stock market extended its rally to a fourth straight session yesterday, buoyed by positive cues from both domestic and abroad, analysts said......»»
The Wallenberg sphere
Marcus Wallenberg, the chairman of Swedish bank Skandinaviska Enskilda Banken, Saab AB, Wallenberg Investments AB, FAM AB, Patricia Industries and The Royal Swedish Academy of Engineering Sciences, quietly flew to Manila last week for a quick three-day visit to renew ties with Philippine government officials and meet with members of top conglomerates the Ayala Group, the Aboitiz, the Gokongweis, the Sys and the Lopezes......»»
Remove the chaff from the grains
Other than the questioned selling of the buffer stock of rice to traders, what’s happening at the National Food Authority (NFA)? With 132 of around 2,000 NFA officials and employees all around the country suspended for six months without pay, this agency attached to the Department of Agriculture (DA) is struggling to stay relevant in the over-all schemes of the government on food security......»»
Group lauds government action on nurse shortage
Various public-private programs of the government have addressed the shortage of nurses in the country, according to the Private Sector Advisory Council-Healthcare Sector Group, calling it a “quick win” for the government......»»