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Stocks climb ahead of January inflation

The stock market started the week on a positive note as the main index stayed above the 6,700 level ahead of today’s January inflation report......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2024

The need for reputation experts in corporate boards

In modern corporate governance, the composition of a company’s board of directors plays a pivotal role in determining its strategic direction, ethical standards, and ultimately, its success or failure in the market......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 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

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.....»»

Category: newsSource:  inquirerRelated NewsJan 23rd, 2024

Bargain hunting boosts stock market

Bargain hunting propelled the stock market to open the week on a high note after last week’s steep drop......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

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).....»»

Category: newsSource:  philippinetimesRelated NewsMar 11th, 2024

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).....»»

Category: newsSource:  manilanewsRelated NewsMar 11th, 2024

Small businesses may make up 60% of Philippines GDP – Visa

Small businesses in the Philippines may produce as much as 60 percent of the country’s gross domestic product (GDP) if financial institutions and the government could help the sector grow in the coming years, according to global digital payments platform Visa......»»

Category: financeSource:  philstarRelated NewsMar 15th, 2024

‘Investment spending rebounds in 2023 4Q, driving GDP growth’

‘Investment spending rebounds in 2023 4Q, driving GDP growth’.....»»

Category: sportsSource:  abscbnRelated NewsFeb 2nd, 2024

Philippines slightly upgrades GDP growth to 6 pct in Q3

MANILA, Jan. 30 (Xinhua) -- The Philippine Statistics Authority (PSA) on Tuesday slightly upgraded year-on-year growth of gross domestic product (GDP) for the third quarter of 2023 to 6 percent from preliminary estimate of 5.9 percent. "The major contributors to the upward revision were manufacturing, from 1.7 percent to 1.8 percent; financial and insurance activities, from 9.5 percent to 9.6 percent; and accomm.....»»

Category: sportsSource:  abscbnRelated NewsFeb 1st, 2024

PSA to announce Q4 GDP figure today at 10 a.m.

The Philippine Statistics Authority (PSA) will announce its data on the Q4 GDP number at 10 a.m. this morning......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

Philippines posts 5.6% GDP growth in 2023, misses gov t target

The country’s gross domestic product (GDP) grew 5.6% in the fourth quarter from a year earlier, falling short of the government target, the Philippine Statistics Authority (PSA) reported on Wednesday......»»

Category: newsSource:  philstarRelated NewsJan 31st, 2024

World Bank downgrades Philippine GDP projections for 2024 and 2025

The World Bank downgraded its GDP projections for the Philippines in 2024 and 2025 due to “various headwinds facing private investment”, like the effects of higher interest rates and “rising indebtedness.”.....»»

Category: financeSource:  philstarRelated NewsJan 11th, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 12th, 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

Xinhua world economic news summary at 0900 GMT, Jan. 31

TOKYO -- Tokyo stocks closed higher on Wednesday, as investors took an optimistic attitude for the domestic earnings season over positive results reported by Japanese firms. Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average ended up 220.85 points, or 0.61 percent, from Tuesday to close the day at 36,286.71. The broader Topix index, meanwhile, finished 24.17 points, or 0.96 percent,.....»»

Category: sportsSource:  abscbnRelated NewsFeb 1st, 2024

Easing Middle East tensions push market higher

The stock market advanced for a second consecutive session yesterday as it received much-needed boost from gains in the US market as well as easing tensions in the Middle East......»»

Category: financeSource:  philstarRelated NewsApr 24th, 2024

Record Week for S& P 500: Live Updates on Stock Futures – The Daily Guardian

U.S. Stock Futures Flat as S&P 500 Breaks Records U.S. stock futures held steady on Sunday night, maintaining the momentum from a record-breaking week for.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 12th, 2024

Fruitas raises P200 million from corporate notes

Fruitas Holdings Inc. has completed its maiden private placement, raising P200 million from the issuance of corporate notes......»»

Category: financeSource:  philstarRelated NewsApr 18th, 2024

Fruitas raises P200-M through sale of corporate notes

Fruitas disclosed that it sold P200 million worth of corporate notes in a private placement to banks and institutional investors......»»

Category: financeSource:  philstarRelated NewsApr 18th, 2024