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Stocks sink on rising geopolitical tensions

The stock market took its deepest plunge for the year as concerns over escalating geopolitical tensions overseas and delayed rate cuts at home prevailed......»»

Category: financeSource: philstar philstarApr 16th, 2024

AboitizPower’s TVI logs 77% completion in 10-year carbon sink goal

Aboitiz Power Corporation subsidiary Therma Visayas Inc. (TVI) marked the seventh year of its Carbon Sink Management Program with 770,000 trees planted en route to achieving a 10-year one million trees target through 2027......»»

Category: financeSource:  philstarRelated NewsJan 23rd, 2024

German FM: Rising tensions in SCS a concern for Europe

Rising tensions in the region and China’s dangerous actions against the Philippines as well as developments in the South China Sea are of concern for Europe, Germany’s Foreign Minister Annalena Baerbock said yesterday......»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024

Philippines mineral output to sustain growth

The value of the country’s mineral output this year is expected to surpass last year’s P249 billion, driven by the rising demand for gold amid persisting geopolitical tensions, according to an industry group......»»

Category: financeSource:  philstarRelated NewsMay 12th, 2024

Asean coast guard forum to be held in Davao amid West PH Sea tensions

MANILA, Philippines — The coast guards of the 10-member Association of Southeast Asian Nations (Asean) will conduct a three-day forum in Davao City amid rising tensions in the West Philippine Sea. Philippine Coast Guard spokesperson Rear Admiral Armando Balilo on Monday said the Asian Coast Guard forum, which will run from June 5 to June.....»»

Category: newsSource:  inquirerRelated NewsJun 3rd, 2024

Fish catch in West Philippine Sea grows despite tensions with China

Despite rising tensions with China, the Philippines expanded its fish catch in the West Philippine Sea (WPS) last year to a four-year high of over 200,000 metric tons on the back of higher state support to fishermen......»»

Category: financeSource:  philstarRelated NewsMar 24th, 2024

79% of Filipinos favor US partnership amid heightened tensions in WPS — Pulse Asia

The December 3 to 7 poll, commissioned by think tank Stratbase Institute, showed that 79% of Filipino adults believe the government of President Ferdinand Marcos Jr. should cooperate with the United States amid rising tensions in the West Philippine Sea. .....»»

Category: newsSource:  philstarRelated NewsJan 16th, 2024

Hot money outflow narrows in April

More short-term investments left the Philippines for the second straight month in April, albeit narrower than the outflows recorded in the same month last year, amid geopolitical tensions in the Middle East......»»

Category: financeSource:  philstarRelated NewsJun 3rd, 2024

Geopolitics, rate cut delays could spoil IPO rebound in 2024

Geopolitical tensions and interest rate cut delays could play the spoiler’s role in initial public offerings (IPO) staging a major comeback in the local bourse this year......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

UNCTAD raises alarm over global trade disruptions

The United Nations Conference on Trade and Development is sounding the alarm about the increasing disruptions in global trade, attributed to escalating geopolitical tensions and the impact of climate change on vital trade routes around the world......»»

Category: financeSource:  philstarRelated NewsJan 28th, 2024

Rising athlete Yee eyes  upcoming Ironman 70.3 Lapu-Lapu 

CEBU CITY, Philippines — Cebuano rising athlete Franklin Ferdie Yee will test his mettle in the upcoming IRONMAN 70.3 Lapu-Lapu on April 21.  Yee, a rising triathlete who represents both the Asian Orthopedics multisports team and the University of San Carlos (USC) track and field team, recently clinched a record-setting win in the 2024 Clark.....»»

Category: newsSource:  inquirerRelated NewsMar 12th, 2024

Interview: ISU chief hails next generation stars rising at Gangwon 2024

GANGNEUNG, South Korea, Jan. 28 (Xinhua) -- The next generation stars in ice skating are rising at the 2024 Gangwon Winter Youth Olympic Games, chief of the global skating governing body has said. "Next-generation stars can compete [at a] global level. Just like many other sports, this is an event where we get to see the rising stars, the next generation stars," Kim Jae-youl, president of the International Skati.....»»

Category: newsSource:  manilanewsRelated NewsJan 28th, 2024

Stocks sink further as investors stay on sidelines

Stock prices closed lower for a third straight session as investors stayed on the sidelines in search for fresh leads......»»

Category: financeSource:  philstarRelated NewsMay 28th, 2024

Rowers chase dream

It’s sink or stay afloat for four Philippine rowers vying for Paris tickets at the World Rowing Olympic Asia-Oceania Continental Qualifier on Tangeum Lake, Chungju, South Korea starting today. The regatta ends on Sunday......»»

Category: sportsSource:  philstarRelated NewsApr 18th, 2024

Max Strus sinks half-court buzzer-beater as Cavs down Mavs

Los Angeles, United States—Max Strus drained an astonishing 58-foot buzzer-beater as the Cleveland Cavaliers conjured a stunning late fightback to sink the Dallas Mavericks 121-119 on Tuesday. In a remarkable finale in Cleveland, Strus unleashed a mammoth heave from inside his own half to snatch victory from Dallas, who had grabbed a 119-118 lead with just.....»»

Category: newsSource:  inquirerRelated NewsFeb 28th, 2024

Why are meme stocks rallying again?

Here is what you need to know about the recent surge in meme stocks.....»»

Category: newsSource:  rapplerRelated NewsJun 7th, 2024

Soaring US Treasury yields pummel Philippines stocks, peso

Local stocks continued their slump, sinking the market to the 6,300 territory as the peso retreated to another 18-month low against the dollar......»»

Category: financeSource:  philstarRelated NewsMay 30th, 2024

DOH calls for good maintenance of vaccine stocks amid high temperature

DOH calls for good maintenance of vaccine stocks amid high temperature.....»»

Category: newsSource:  sunstarRelated NewsApr 26th, 2024

Stocks extend losing streak

Local stocks continued its descent as investors took a cautious approach ahead of the Bangko Sentral ng Pilipinas policy meeting......»»

Category: financeSource:  philstarRelated NewsApr 8th, 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