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Inflation, economic crisis more 'urgent' than vague Maharlika fund: tax expert

Jessica Fenol and Mike Navallo, ABS-CBN News
Posted at Jan 25 10:57 AM

A tax expert on Wednesday questioned the timing of the discussion on the Maharlika Investment Fund when the country is plagued by high inflation, looming recession and a budget defici Read more »

Asian markets mixed in holiday-hit trade

Agence France-Presse
Posted at Jan 23 12:19 PM

Asian markets were mixed in holiday-thinned trade Monday, while the dollar dropped. Read more »

Asian markets mixed after Wall St tumble as recession fears return

Agence France-Presse
Posted at Jan 19 04:56 PM

Markets were mixed Thursday while oil prices fell and the dollar weakened after disappointing US data renewed worries about a recession in the world's biggest economy. Read more »

Asian markets up on recovery hopes, yen sinks after BoJ decision

Agence France-Presse
Posted at Jan 18 02:26 PM

Asian markets rose Wednesday to maintain their strong start to the year, with Tokyo soaring and the yen tumbling after the Bank of Japan decided against further tweaking monetary policy. Read more »

Asian markets rise again on recovery hope as inflation data looms

Agence France-Presse
Posted at Jan 11 11:57 AM

Asian equities pushed higher Wednesday as investors were buoyed by China's reopening and optimism that key data due this week will signal a further slowdown in US inflation. Read more »

Philippine launches $500 million bond sale

Warren De Guzman, ABS-CBN News
Posted at Jan 09 05:38 PM

The Philippines has launched a US dollar bond sale to raise up to $500 million, with tenors of 5.5, 10.5 and 25 years, the Bureau of Treasury said. Read more »

Crypto firm Binance endures wild weeks in wake of FTX collapse

Joseph Boyle and Daniel Hoffman, Agence France-Presse
Posted at Dec 22 11:29 AM

Even by the extreme standards of cryptocurrency trading, the past few weeks have been a wild ride for Binance, the world's biggest exchange for crypto assets. Read more »

PSE 'very bullish' for 2023: Monzon

ABS-CBN News
Updated as of Dec 21 11:56 AM

The Philippine Stock Exchange is 'very bullish' for 2023 due to the line up of initial public offering, its President and CEO Ramon Monzon. Read more »

PSE President Monzon backs creation of Maharlika fund

ABS-CBN News
Posted at Dec 19 11:54 AM

PSE President Ramon Monzon said the proposed Maharlika fund could create a 'multiplier effect' and result in growth in the country's capital markets. Read more »

Maharlika? Is PH ready for a sovereign wealth fund?

Jessica Fenol, ABS-CBN News
Posted at Dec 08 05:15 PM

Norway, Singapore, China and the UAE operate the world's 5 largest sovereign wealth funds. But is the Philippines ready to join the game? Read more »

Gov't urged to clarify purpose of Maharlika fund

ABS-CBN News
Updated as of Dec 07 03:14 PM

The government must first decide on the kind of sovereign fund it wants and the purpose for its creation before turning it into law, an economist said on Wednesday. Read more »

Why law enforcement struggles to throttle crypto scams

Joseph Boyle and Daniel Hoffman, Agence France-Presse
Posted at Oct 20 10:57 AM

The sheer scale of the criminality proves difficult for law enforcement agencies already lacking resources for financial crime. Read more »

Stocks surge on hopes interest rate hikes will slow

Agence France-Presse
Posted at Oct 05 08:51 AM

Frankfurt and Paris equities each soared around four percent in value after Tokyo gained 3.0 percent, while London won 2.6 percent. Read more »

Porsche share price set at 82.5 euros for mega IPO

Agence France-Presse
Posted at Sep 29 08:28 AM

German auto giant Volkswagen announced a final listing price of 82.50 euros a share for its luxury sports car brand Porsche, a day before one of Europe's biggest flotations in years. Read more »

Emperador reaps benefits from SGX listing

ABS-CBN News
Updated as of Sep 13 11:24 AM

Emperador Inc is being viewed globally as a 'highly investable company', Emperador Distillers president of International Division Glenn Manlapaz said. Read more »

Porsche to enter stock market before the end of 2022: VW

Jean-Philippe Lacour, Agence France-Presse
Posted at Sep 06 08:49 AM

German auto group Volkswagen said it would go ahead this year with a highly anticipated stock market entry for its premium sports brand Porsche, despite less than perfect financial conditions. Read more »

Government offers retail treasury bonds anew

ABS-CBN News
Posted at Aug 23 04:43 PM

The Bureau of Treasury has launched the 28th tranche of its retail treasury bonds on Tuesday, which is the first under the administration of President Ferdinand Bongbong Marcos Jr. Read more »

Elon Musk sells nearly $7 billion worth of Tesla shares: document

Agence France-Presse
Posted at Aug 10 01:54 PM

Elon Musk has sold nearly $7 billion worth of Tesla shares, according to legal filings, amid a high-stakes legal battle with Twitter over a $44 billion buyout deal. Read more »

PSE warns public vs unauthorized solicitation ads

ABS-CBN News
Posted at Jul 29 01:36 PM

The Philippine Stock Exchange on Friday said it did not publish any solicitation advertisement on Facebook bearing the photo of its president and CEO. Read more »

Emperador marks secondary listing in SGX

Michelle Ong, ABS-CBN News
Updated as of Jul 14 06:03 PM

Billionaire Andrew Tan's liquor company Emperador Inc on Thursday listed on the main board of the Singapore Exchange, making it the first Philippine Stock Exchange-listed firm to conduct secondary listing on SGX. Read more »