The government exceeded its short-term borrowing target on Monday, April 13, as investors swarmed the primary market, driving down yields across all maturities and ending a month-long streak of underwhelming auctions. The Bureau of the Treasury raised ₱32.1 billion in three-month, six-month, and...
This week, stock market investors will continue to take cues from developments in the Middle East, particularly whether the temporary ceasefire will hold and if there will be progress in United States (US)-Iran negotiations. “Investors are expected to monitor developments among the countries...
Local stocks finished marginally higher in thin trading on Friday, April 10, as investors balanced optimism from a Wall Street rally against heightened anxiety over upcoming geopolitical negotiations. The Philippine Stock Exchange index (PSEi) edged up 8.30 points, or 0.14 percent, to end the week...
Irish actor Michael Patrick, known for his role as a Wildling in "Game of Thrones" Season 6, has passed away at the age of 35 after a three-year battle with Motor Neurone Disease (MND). He died on April 7, in a hospice in Northern Ireland, surrounded by his family and loved ones. His passing was...
Batangas 2nd district Rep. Gerville "Jinky Bitrics" Luistro insisted that the House of Representatives ' impeachment proceedings against Vice President Sara Duterte were faultless following the Supreme Court 's (SC) non-issuance of a temporary restraining order (TRO) agaisnt it. “We...
The Philippine Stock Exchange index (PSEi) rallied back to the 6,000 level on Wednesday, April 8, after the United States (US) and Iran agreed to a ceasefire, which led to a drop in oil prices. The main index surged by 132.04 points, or 2.22 percent, to close at 6,089.91. Miners led the charge...
The Philippine Stock Exchange index (PSEi) inched up on Tuesday, April 7, as bargain hunting prevailed despite the impact of the higher-than-expected inflation rate on investor sentiment. The main index added 9.54 points, or 0.16 percent, to close at 5,957.87. Miners led the advance while the...
The Marcos administration scaled back its planned borrowing on Tuesday, April 7, as domestic investors showed cooling appetite for longer-dated debt, signaling caution amid shifting global risks. The Bureau of the Treasury raised ₱40 billion through a dual-tranche bond auction, falling short of...
For the young cast of the upcoming horror film “Huwag Kang Titingin,” Holy Week is more than just a break from their hectic schedules. It is also a time for reflection and long-awaited reunions with their family. At the film’s recent media conference in Quezon City, the Gen Z stars opened up...
The Philippine Stock Exchange index (PSEi) surged on Tuesday, March 31, as investors pounced on undervalued stocks following signs of easing geopolitical tensions in the Middle East and fortification of the nation’s fuel reserves. The benchmark PSEi jumped 79.45 points, or 1.35 percent, to finish...
The camp of Vice President Sara Duterte is essentially recognizing the legitimacy of the House Committee on Justice 's impeachment proceedings with the promised appearance of one of its lawyers. Thus, said House Assistant Majority Leader Lanao del Sur 1st district Rep. Zia Alonto Adiong, in...
The Philippine Stock Exchange index (PSEi) fell on Monday, March 30, as the conflict in the Middle East worsens despite efforts by the United States (US) to pursue a more diplomatic tack to break Iran’s blockade of the Strait of Hormuz. The main index plunged by 103.34 points, or 1.73 percent, to...