Equities market rose for a second consecutive session as investors welcomed the World Bank’s reclassification of the country’s economic status and the steady performance in domestic manufacturing. The Philippine Stock Exchange index (PSEi) gained 56.46 points, or 0.93 percent, to close at...
Local equities snapped a streak of losses, joining the broader regional rally as diplomatic efforts to ease Middle East tensions soothed investor anxiety and drove oil prices down. The Philippine Stock Exchange index (PSEi) advanced 32.09 points, or 0.53 percent, to close at 6,069.26. Despite the...
Local stocks retreated on the final trading day of the first half as investors locked in gains from a three-day rally, driven by mounting concerns over local inflation and shifting geopolitical dynamics. The Philippine Stock Exchange index (PSEi) dropped 1.6 percent—or 96.24 points—to close at...
Continuing its recovery from last week’s sell-off, the Philippine Stock Exchange index (PSEi) rose for a third straight trading day on Monday, June 29, as easing concerns over the Middle East conflict and a stronger peso lifted investor sentiment. The main index gained 61.17 points, or 1.01...
The defense team of Vice President Sara Duterte on Friday, June 26, said it is premature to draw conclusions from recent statements made by Lanao del Sur Rep. Zia Alonto Adiong regarding the controversial "BIR box" in the ongoing impeachment proceedings. In a statement issued by defense...
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...
Today, June 25, 2026, marks 17 years since Michael Jackson passed away. The global music icon died at the age of 50 on June 25, 2009, in Los Angeles while preparing for a comeback tour. Jackson rose from child stardom with The Jackson 5 to become one of the most influential performers in modern...
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...
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...
Vice President Sara Duterte’s defense team on Tuesday, June 23, downplayed concerns over the alleged overlap of witnesses in her impeachment trial, emphasizing that both the prosecution and defense have the right to choose their own witnesses and evidence. In an interview during the third day of...
The pre-trial conference for the impeachment trial of Vice President Sara Duterte may continue through this week due to the large volume of documentary evidence still being marked. Defense spokesperson Michael Poa said on Monday, June 22, that both the defense and prosecution remain in the...
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...
