The defense team of Vice President Sara Duterte on Monday, August 3, maintained that the Commission on Audit (COA) findings presented during the Senate impeachment trial reflect only "one side of the story," saying it would challenge the audit observations as the proceedings move forward. Speaking...
The Philippine Stock Exchange index (PSEi) rallied on Monday, Aug. 3, after oil prices fell on news that the United States (US) had halted strikes against Iran to allow peace negotiations to resume. The main index jumped 98.28 points, or 1.58 percent, to close at 6,334.72. Services led the gains,...
The defense team of Vice President Sara Duterte on Monday, August 3, rejected the prosecution 's assertion that the Office of the Vice President (OVP) spent its P125 million confidential fund within 11 days in December 2022, disputing a claim based on Commission on Audit (COA) records during...
The Philippine Stock Exchange index (PSEi) fell as the week ended on Friday, July 31, as investors cashed out ahead of the release of inflation and gross domestic product (GDP) data, as well as the rebalancing of the bourse’s benchmark index next week. The main index lost 69.31 points, or 1.1...
Local stocks advanced as investors drew encouragement from signals that the Bangko Sentral ng Pilipinas (BSP) will refrain from aggressive interest-rate hikes, easing worries over rising borrowing costs and bolstering appetite for risk assets. The Philippine Stock Exchange index (PSEi) added 49.01...
Vice President Sara Duterte 's defense said it deliberately limited its cross-examination of the prosecution 's witnesses during the July 29 session as part of its legal strategy to avoid unnecessarily prolonging the Senate impeachment trial. In a press briefing following the session,...
The Philippine Stock Exchange index (PSEi) dipped on Tuesday, July 28, after President Ferdinand Marcos Jr.’s State of the Nation Address (SONA) last Monday, July 27, failed to distract investors from concerns over the Middle East and upcoming corporate earnings reports. The main index shed 10.87...
The State of the Nation Address (SONA) has long evolved beyond the President 's annual report to the nation. Over the years, it has become one of the country 's biggest fashion events, drawing almost as much attention to the personalities arriving at the Batasang Pambansa as the speech...
The Philippine Stock Exchange index (PSEi) rose on Monday, July 27, after the halt in hostilities in the Middle East prompted some investors to start bargain-hunting. The main index gained 33.89 points, or 0.54 percent, to close at 6,314.90. Miners led the advance, while conglomerates and...
The Philippine Stock Exchange index (PSEi) dipped on Friday, July 24, as share prices fell amid concerns over rising oil prices and the higher tariff the United States (US) slapped on Philippine goods. The main index shed 2.11 points, or 0.03 percent, to close at 6,281.01. Sectoral indices were...
The Philippine Stock Exchange index (PSEi) was slightly higher on Thursday, July 23, as some investors started bargain hunting despite rising oil prices because of the United States (US)-Iran war. The main index added 15.27 points, or 0.24 percent, to close at 6,283.12. Banks led the advance, while...
Bringing up the wife of National Bureau of Investigation (NBI) Director Melvin Matibag during his cross-examination in the impeachment trial of Vice President Sara Duterte wasn 't meant to rile up the witness, the respondent 's defense team said. Defense team spokesperson Michael Poa...
