The Securities and Exchange Commission (SEC) warned the public against dealing with Empire X Capital and Astra Financial Service Group because they are not authorized to solicit investments. The commission said it received reports that individuals or groups are enticing the public through social...
Despite the signing of the United States (US)-Iran peace deal, local stock market investors are advised to remain cautious as the Philippine Stock Exchange’s (PSE) benchmark has lost its momentum amid concerns over lingering inflation and rising interest rates. “Failing to take 6,150, the local...
Continuing its see-saw performance this week, the Philippine Stock Exchange index (PSEi) bounced back above the 6,000 level on Thursday, June 25, as easing oil prices spurred bargain hunting. The main index rose by 79.69 points, or 1.33 percent, to close at 6,071.06. The recovery of index...
Local equities plunged back below a critical psychological threshold as worsening domestic growth forecasts and a hawkish shift in United States (US) Federal Reserve monetary policy expectations triggered a broad-based selloff. The Philippine Stock Exchange index (PSEi) slumped 133.85 points, or...
The Securities and Exchange Commission (SEC) is planning a major overhaul of the country’s corporate bond market, aiming to slash red tape for companies seeking long-term funding while preserving protections for investors. The regulator released a draft memorandum circular on June 23 that...
Domestic equities snapped a two-day decline, rallying as investors capitalized on lower valuations after the United States (US) issued an interim waiver on Iranian energy exports, dragging global crude prices to a three-month low. The Philippine Stock Exchange index (PSEi) advanced 1.51 percent, or...
The Securities and Exchange Commission (SEC) has shut down Delisha Lending Investor and Trading Corp. for noncompliance with various regulatory requirements and failure to disclose the operation of several online lending platforms (OLPs). In a statement on Tuesday, June 23, the SEC said it had...
The Philippine Stock Exchange index (PSEi) fell on Monday, June 22, after Iran walked out of peace talks and closed the Strait of Hormuz again, while the Philippine government reduced its economic growth estimates due to the war and lower infrastructure spending. The main index plunged by 100.33...
The Securities and Exchange Commission (SEC) is drafting a regulatory framework for market making in listed securities as part of its ongoing efforts to revitalize the capital market and align local market practices with international standards. In a statement on Monday, June 22, the SEC said the...
Local equities face renewed downward pressure as resurfacing geopolitical friction in the Middle East and prospects of further domestic monetary tightening threaten to derail a recent market rally. Investor sentiment is turning bearish following the postponement of peace negotiations between the...
Local equities market retreated at the end of the week as investors pared back risk following the central bank 's hawkish policy stance and the sudden disruption to geopolitical diplomatic efforts in Europe. The Philippine Stock Exchange index (PSEi) slipped 18.31 points, or 0.3 percent, to...
The Securities and Exchange Commission (SEC) extended a program offering discounted filing fees for micro, small, and medium enterprises (MSMEs) until the end of the year, part of a state-backed push to deepen the domestic capital market. The corporate regulator prolonged the 50 percent discount on...
