Local stocks surged, reclaiming the key psychological threshold, as rollback in domestic fuel prices and the strengthening local currency lured bargain hunters back to the equity market. The Philippine Stock Exchange index (PSEi) advanced 1.95 percent, or 113.37 points, to close at 5,912.69 on...
Gotianun-led East West Banking Corp. (EastWest Bank) has partnered with Visa in the launch of an elevated EastWest Priority Banking experience for the lender’s high-net-worth (HNW) clients, offering hyper-personalized investment and wealth solutions and access to specially trained relationship...
The Philippine Stock Exchange index (PSEi) rose on bargain hunting on Monday, June 1, after the steep drop over the last three trading days of the previous week. The main index added 30.56 points, or 0.53 points, to close at 5,799.32, mainly on the strength of the services sector as three sectors...
RIZAL COMMERCIAL BANKING CORPORATION (RCBC) announced that it will hold its Annual Stockholders’ Meeting (ASM) virtually on June 29, 2026, at 4:00 p.m. via the official meeting platform at https://www.rcbc.com/ASM2026 . The Bank said stockholders may access the Notice of Meeting, Agenda, and the...
Relying solely on the Bangko Sentral ng Pilipinas’ (BSP) interest rate hikes will likely provide limited support for the Philippine peso, which remains on the verge of another historic low amid elevated oil prices, a stronger United States (US) dollar, and cautious market risk appetite, according...
RIZAL COMMERCIAL BANKING CORPORATION (RCBC) announced that it will hold its Annual Stockholders’ Meeting (ASM) virtually on June 29, 2026, at 4:00 p.m. via the official meeting platform at https://www.rcbc.com/ASM2026 . The Bank said stockholders may access the Notice of Meeting, Agenda, and the...
The Philippine Stock Exchange index (PSEi) plunged on Thursday, May 28, as hopes for peace in the Middle East dimmed following fresh United States (US) strikes in Iran while the two countries’ positions remain incompatible. The main index fell by 103.3 points, or 1.73 percent, to close at...
The Philippine Stock Exchange index (PSEi) dropped on Tuesday, May 26, as investors took profits ahead of the Eid al-Adha holiday on concern over the Middle East situation after the United States (US) launched strikes against Iran. The main index lost 46.14 points, or 0.77 percent, to close at...
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. has urged banks to continue strengthening governance, transparency, and internal controls, saying these safeguards become most critical during periods of economic and financial uncertainty. Speaking during the inaugural Corporate...
The Philippine Stock Exchange index (PSEi) rose for the third day in a row on Monday, May 25, as oil prices continued to decline on hopes for successful peace negotiations between the United States (US) and Iran. The main index added 47.98 points, or 0.8 percent, to close at 6,009.38. Banks led the...
Trusting Social Philippines is targeting partnerships with the country’s 10 largest banks, part of a broader push to deepen its footprint in the local financial market with artificial intelligence-driven (AI) risk and identity solutions. The Singapore-based financial technology firm has so far...
The Philippine Stock Exchange index (PSEi) rose again in thin volume on Friday, May 22, on hopes of peace between the United States (US) and Iran, which has also led to lower world crude oil prices. The main index added 40.70 points, or 0.69 percent, to close at 5,961.40. Conglomerates led the...
