China Banking Corp. (Chinabank), a member of the SM Group, reported that 2025 was another banner year, with core businesses boosting net income by 13 percent to a record ₱28 billion from the previous all-time high of ₱24.8 billion hit in 2024. This is the bank’s 11th consecutive year of...
The Philippine stock benchmark climbed for a sixth consecutive session, reclaiming the 6,600 level as a strengthening peso and optimistic corporate earnings outlooks spurred a broad-based rally. The Philippine Stock Exchange index (PSEi) advanced 71.89 points, or 1.1 percent, to finish at 6,619.87...
Local stocks climbed for a fifth consecutive session to reach a nine-month high as strengthening peso and robust corporate earnings results insulated the market from the broader global selloff. The Philippine Stock Exchange index (PSEi) gained 59.47 points, or 0.9 percent, to finish at its intraday...
The Philippine Stock Exchange index (PSEi) gained on the back of positive corporate earnings reports as well as the United States (US) high court ruling against US President Donald Trump’s tariffs. The main index added 23.39 points, or 0.36 percent, to close at 6,488.51. Miners led the advance,...
Local stocks climbed for a third consecutive session Friday, Feb. 20, buoyed by the central bank’s recent pivot toward monetary easing and stabilizing currency. The Philippine Stock Exchange index (PSEi) gained 57.97 points, or 0.90 percent, to finish at 6,465.12. Financial stocks led the...
East West Banking Corp., the lender controlled by the Gotianun family, is projecting continued growth this year after reporting that net income jumped 21 percent in 2025 on the back of double-digit gains in interest income and improved operational efficiency. According to a filing with the...
The Philippine Stock Exchange index (PSEi) declined for the third straight session on Monday, Feb. 16, as its investors cashed out before the Lunar New Year holiday and the Bangko Sentral ng Pilipinas ’ (BSP) policy meeting. The main index shed 16.03 points, or 0.25 percent, to close at...
The Philippine Stock Exchange index (PSEi) fell on continued profit-taking on Friday, Feb. 13, after the government reported a steep fall in foreign investment pledges. The main index dropped 86.67 points, or 1.34 percent, to close at 6,384.58. Miners led the retreat across the board. Volume...
Local equities snapped a two-day winning streak on Thursday, Feb. 12, as investors moved to lock in gains from recent rally, tracking the broader retreat in global markets following strong United States (US) labor data. The Philippine Stock Exchange index (PSEi) declined 27.57 points, or 0.42...
Local stocks extended a winning streak to a second session as strengthening peso lured investors back to the equity market, pushing the benchmark index to its highest level in nearly seven months. The Philippine Stock Exchange index (PSEi) advanced 24.22 points, or 0.37 percent, to settle at...
The PSEi surged as the stronger Peso and rise in foreign investments fueled today’s rally. The main index jumped by 125.44 points or 1.98 percent to close at 6,474.60 with the Services sector leading the charge across the board. Volume was weak though at 754 million shares worth P6.86 billion as...
To strengthen and modernize the country’s blood services, the Philippine Red Cross (PRC) officially opened the PRC Blood Summit 2026. The three-day summit, held from February 5 to 7 in partnership with Abbott Laboratories and Transfusion Medicine, brings together blood bank personnel, health...
