Local equities rebounded as global market anxieties eased after United States (US) President Donald Trump announced a temporary pause on naval escort operations in the Strait of Hormuz, shifting Washington’s focus toward securing a peace agreement with Iran. The benchmark Philippine Stock...
The Philippine Stock Exchange index (PSEi) made a strong bounce on Monday, May 4, as bargain hunting began after more firms reported first-quarter earnings and outlooks while the United States (US) announced its plan to escort ships passing through the Strait of Hormuz. The main index jumped by...
Forty years is a long time. Long enough to forget the taste of fear, to let the headlines fade, to convince yourself that a thing that happened is a thing that is finished. It is not. On April 26, the Embassy of Ukraine in Manila, in partnership with the Friedrich Naumann Foundation, marked the...
Twenty years after the original, the sequel to “The Devil Wears Prada” made a splash in its first weekend in theaters. Driven largely by women, “The Devil Wears Prada 2” earned $77 million in the U.S. and Canada, and $156.6 million internationally, according to studio estimates Sunday. It...
Much celebrated film, ‘Michael,’ just posted a new record, at $217.4 million, as the highest grossing opening film for a musical bio-pic worldwide. The Michael Jackson film, ‘Michael,’ is a totally entertaining film that can move you in every direction, although its material, though...
The Philippine Stock Exchange index (PSEi) retreated to end a shortened trading week as investors weighed the compounding risks of surging energy costs, persistent inflation, and a weakening local currency. The benchmark PSEi fell 74.25 points, or 1.26 percent, to close at 5,833.64 on Thursday,...
SUBIC BAY – Newly promoted Brig. Gen. Michael Romero of the Philippine Air Force Reserve Force was recently honored by the Philippine Navy for his “exceptionally meritorious and sustained service” in supporting naval aviation development in the country. Romero received the Naval Aviator...
The Philippine Stock Exchange index (PSEi) snapped a five-day losing streak on Wednesday, April 29, as investors engaged in bargain hunting despite continued depreciation of the local currency. The benchmark PSEi gained 41.1 points, or 0.7 percent, to settle at 5,907.89. The Industrial and Services...
Batangas 2nd district Rep. Gerville “Jinky Bitrics” Luistro believes that the impeachment hearings against Vice President Sara Duterte must branch into a full-scale investigation into the alleged Michael Yang-Sammy Uy network that has been bared by former senator Antonio "Sonny" Trillanes IV....
Local stocks retreated to their lowest level in five months as the peso’s plunge to a fresh record fueled anxiety that persistent inflationary pressures will force borrowing costs to stay higher for longer. The Philippine Stock Exchange index (PSEi) declined 34.36 points, or 0.58 percent, to...
The Philippine Stock Exchange index (PSEi) dropped on Monday, April 27, as investors worry over the impact of rising inflation and interest rates, which has led some conglomerates to reduce capital expenditures (capex). The main index lost 42.34 points, or 0.71 percent, to close at 5,901.15....
Cebu Pacific, the Philippines’ leading carrier, remains confident of being able to cruise through current turbulence in the fuel market caused by the Iran war, although it is concerned about the impact of a prolonged conflict during the low season. In an interview on the sidelines of the...
