China Banking Corp. (Chinabank) announced that its board of directors has declared cash dividends totaling ₱6.7 billion, following the bank’s record earnings in 2024. In a disclosure to the Philippine Stock Exchange (PSE), the bank said it will pay a regular cash dividend of ₱1.5 per common...
The Philippine Stock Exchange index (PSEi) edged higher, buoyed by gains in US markets, a strengthening peso, and positive corporate earnings. The benchmark index climbed by 22.89 points or 0.37 percent to finish at 6,168.48 on Wednesday, April 23, although sectoral indices showed a mixed...
The PSEi dropped on profit-taking as investors held on to cash ahead of the Lenten break. The main index fell by 57.50 points or 0.93 percent to close at 6,128.60 as the Services counter led the retreat while only Miners managed to advance. Volume remained thin at 951 million shares worth P4.21...
While conditions are rosy at the domestic front, cautious trading is expected at the local stock market as investors would not want to leave their bets during the Lenten break, wary that global markets remain restive and another tweak in US tariff policy can sent global markets into another...
Trump’s decision to delay and reduce tariffs spurred the market to rally further, although profit-taking trimmed some gains. The Philippine Stock Exchange index (PSEi) jumped 71.48 points or 1.19 points to close at 6,077.82 on Thursday, April 10, with Miners leading the charge. Volume...
Pru Life UK, a London-based international life insurance company, is set to be the first Takaful operator in the Philippines, as the insurer’s executives confirmed it will launch the product next month, April 2025. Speaking to reporters during a roundtable discussion on Monday, March 24, Pru Life...
From left, Sumitomo Mitsui Banking Corporation (SMBC) Manila Branch Executive Director and Head of Corporate Banking Ruben Victa, Ayala Corporation Treasurer Estelito C. Biacora, SMBC Country Head and Managing Director Yasushi Iwata, Ayala Corporation Chief Finance Officer Alberto M. de Larrazabal,...
China Banking Corporation will be conducting an annual meeting of stockholders on April 24, 2025, Thursday, at 4:00 PM, in-person and remote attendance. A copy of the official announcement published in Manila Bulletin broadsheet is shown below:
China Banking Corporation will be holding an annual meeting of stockholders on April 24, 2025, Thursday, at 4:00 PM, in-person and remote attendance. A copy of the official announcement published in Manila Bulletin broadsheet is shown below:
Zobel-led Ayala Corp., the country’s oldest conglomerate, is raising up to ₱31.5 billion through the issuance of preferred shares and Samurai loans from two Japanese banks to fund the expansion of its diversified businesses. In a disclosure to the Philippine Stock Exchange, the firm said...
Amid declining casino revenues, Razon-led Bloomberry Resort Corp., owner and operator of the two Solaire and the Jeju Sun integrated resorts, is rolling its dice in the online gaming table. Sharing its online gaming plan with stock analysts, Bloomberry said it will fully launch its online gaming...
China Banking Corporation (Chinabank) reported a 13 percent growth in net income to an all-time high of ₱24.8 billion last year due to the sustained strength of its core businesses. In a disclosure to the Philippine Stock Exchange, the bank said its 2024 profit translated to a return on equity of...
