Senator Sherwin Gatchalian said on Sunday, November 16 he didn’t find it strange to see the stock market plunge to a new five-year low following the allegations made by former lawmaker Zaldy Co against President “Bongbong” Marcos. Gatchalian, chairman of the Senate Committee on Finance said...
Not even the higher tariff that the United States (US) plans to impose on Philippine goods would dampen the local equity market, thanks to strong domestic macroeconomic fundamentals, according to global investment banking giant Goldman Sachs. In a July 11 report obtained by Manila Bulletin, Goldman...
Growing up, my mom was strict. We had no junk food or soft drinks at home, weren’t allowed to play video games on weekdays, and our TV time was rationed. When I wanted weekday fun, I’d have to sneak out, take the elevator down from our condo unit, and play games with a classmate in another unit...
The local stock market inchd up despite losses in the US caused by Trump’s increasing attempts to influence the US Federal Reserve. The main index added 7.59 points or 0.12 percent to close at 6,145.59 as Miners led the advance, with only Banks retreating. Volume was thin at 593 million shares...
TOKYO — Asian shares mostly slipped Thursday, Jan. 2, as the region’s main stock market in Tokyo stayed closed for the New Year’s holidays. Investors remained cautious amid worries about what President Donald Trump might mean for policy changes, while the political uncertainty in South Korea...
The stock market ended firmer on Monday, Oct. 7, as investor optimism was fueled by the significant slowdown in the country’s inflation rate last month. The bellwether index rose by 1.16 percent or 86.76 points to close at 7,554.68 while the broader All Shares grew 1.02 percent or 41.32 points to...
NEW YORK — Markets on Wall Street and around the world are in a mini-panic. Worried about a slowing U.S. economy, investors sent the market in Japan to its worst day in decades and have sliced billions in market value off some of the world’s biggest technology companies....
Albay 2nd district Rep. Joey Salceda answering questions during a press briefing. (Dexter Barro II, MANILA BULLETIN) The Philippine stock market will feel the immediate impact of an improved economy if the proposed amendments to the “restrictive”...
Investors and traders can expect mounting speculation of market conditions in 2024 as the local market attempts a rally heading into the last month of 2023. Online brokerage firm 2TradeAsia.com noted that "all eyes are now on drivers for 2024, and whether or not broader market forces will follow...
The local stock market jumped from yesterday's slump as the temporary ceasefire between Israel and Hamas garnered investor optimism. The main index increased by 23.30 points or 0.37 percent, closing at 6,269.50 with four other sectoral indices ending in green. Total volume of shares...
The local stock market slightly dipped as investors pursue profit-taking measures influenced by stateside trading pauses for the holidays. The PSEi declined by 6.98 points or 0.11 percent closing at 6,246.20 with majority of sectoral indices in red. Volume of shares traded totaled 453...
The local stock market continues to rise as investors observe an upward momentum in the country's economic growth forecasts. The PSEi rose by 44.35 points or 0.71 percent closing at 6,253.18 with all sectoral indices acquiring gains led by the Mining and Oil, and Industrial sectors. ...
