Rizal Commercial Banking Corp. (RCBC), the financial services arm of the Yuchengco group, has set the interest rate and started the public offer for its fixed-rate, peso-denominated series G Association of Southeast Asian Nations (ASEAN) sustainability bonds due 2029 to raise at least ₱5 billion....
China Banking Corporation has scheduled its Annual Meeting of Stockholders on April 16, 2026 (Thursday), at 4:00 PM in a hybrid format, allowing both in-person and remote participation. The in-person meeting will be held at the Penthouse, Chinabank Bldg., 8745 Paseo de Roxas corner Villar St.,...
Local stocks climbed for a second consecutive session as investors scooped up beaten-down shares, tracking the broader shift in sentiment fueled by expectations of a massive release of global oil reserves. The Philippine Stock Exchange index (PSEi) advanced 31.67 points, or 0.52 percent, to finish...
Rizal Commercial Banking Corp. (RCBC) expects its credit card business to sustain a double-digit expansion this year as the lender pivots toward the premium market to capture a larger share of the country 's wealthiest spenders. Arniel Vincent B. Ong, RCBC Credit Cards president and chief...
The Philippine Stock Exchange index (PSEi) staged a sharp recovery on Tuesday, March 10, clawing back a significant portion of the previous session’s losses as retreat in global oil prices bolstered investor appetite for risk. The benchmark PSEi advanced 110.44 points, or 2.01 percent, to finish...
The local stock market lost ₱671.7 billion in market capitalization on Monday, March 9, as the benchmark Philippine Stock Exchange Index (PSEi) plunged to the 6,000 level after the Iran war fueled a surge in oil prices while the peso plunged to a new record low. Philippine Stock Exchange (PSE)...
Stock benchmark tumbled to end the week on a somber note, joining the regional retreat as escalating geopolitical tensions in the Middle East drove the peso back toward record lows and clouded the outlook for domestic inflation. The Philippine Stock Exchange index (PSEi) shed 60.12 points, or 0.94...
Hongkong and Shanghai Banking Corporation (HSBC) Premier turned some of the most recognizable spaces inside The Peninsula Manila into immersive “worlds” for its top clients, transforming the hotel into a series of environments built around the priorities of modern global living. The...
Local stocks tumbled on Wednesday, March 4, erasing the previous session’s gains as escalating conflict in the Middle East fueled fears that spike in global energy prices will reignite inflation and derail the central bank’s pivot toward monetary easing. The Philippine Stock Exchange index...
Local shares rose slightly on Tuesday, March 3, as bargain hunters stepped in following a two-day retreat, though lingering geopolitical tensions in the Middle East and weak breadth of losers capped the recovery. The Philippine Stock Exchange index (PSEi) climbed 18.55 points, or 0.29 percent, to...
Philippine stocks and the peso tumbled on Monday, March 2, as the threat of an escalating war in the Middle East rattled regional markets, fueling concerns that surging energy costs will derail efforts to tame domestic inflation. The Philippine Stock Exchange index (PSEi) slumped 2.79 percent, or...
Yuchengco-led Rizal Commercial Banking Corp. (RCBC) is planning to raise at least ₱5 billion from the issuance of fixed-rate, peso-denominated Association of Southeast Asian Nations (ASEAN) sustainability bonds, with an oversubscription option. In a disclosure to the Philippine Stock Exchange...