
China Bank soars 38.9% in last-minute rally before PSEi debut
China Banking Corp. (CBC) shocked the market with a 38.9 percent surge to a record-high P93 in the final 15 minutes of trading, just days before its official…
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China Banking Corp. (CBC) shocked the market with a 38.9 percent surge to a record-high P93 in the final 15 minutes of trading, just days before its official…
· 1 min read

The local stock market tumbled below the 6,000 mark on Friday as investors reacted to the country’s latest economic data.
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The company said consolidated earnings hit P1.2 billion, representing an 83 percent increase compared to the previous year.
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The company said earnings have already exceeded its full-year 2023 net income of P78.2 million.
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The recent shakeup at the Philippine Stock Exchange (PSE) had Nickel Asia Corp. (NIKL) and Wilcon Depot (WLCON) shifted from the benchmark PSE index to the…
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Vivant previously announced that the sale of its 32.26 percent stake aligns with its strategy to focus on core investments, particularly in retail energy…
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Bank of Commerce (BankCom), a subsidiary of San Miguel Corporation, on Tuesday opened the subscription period for its P5-billion dual-tranche bonds.
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‘We could be the dumping ground for Chinese goods that could be temporary. That will be good for our prices because of more supply of goods.’
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‘It is notable that our very first listed REIT has also become the first REIT to make it to the PSEi.’
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‘Coal is still the cheapest source of power, and coal will not be gone in the next five and even 10 years.’
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‘No one is more excited than I am at this launching of the Tesla Center in the Philippines. As many people know, I’m a bit of a motorhead’
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‘Access to quality health care is a right, not a privilege,’ Binay said. ‘When we remove barriers to essential services, we empower people to live healthier,…
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Davao City has overtaken Manila as the Philippine city with the worst traffic, based on the 2024 TomTom Traffic Index. Ranking 8th globally out of 500 cities,…
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Shares slid below the 6,400 level as the sentiment was pulled down from the Friday night performance of the US, which saw its economy’s latest employment…
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Equities fell again in Asia on Friday as traders prepared for the release of US jobs data that could play a key role in the Federal Reserve's decision-making…
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The Commission on Audit (CoA) has ordered the Government Service Insurance Corporation (GSIS) to recoup P2.3 billion in members' contributions that it…
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The Commission on Audit stated in a 2023 report that GSIS had invested P34.5 billion to secure 11.56-percent ownership of MPIC.
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Philippine shares continued with the bargain hunting as funds continue to position for the year ahead, while awaiting for other foreign funds to return from an…
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