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Canva's valuation more than doubles to $40B

Reuters
Posted at Sep 15 08:59 AM

Graphic design and collaboration platform Canva said on Tuesday that it is now valued at $40 billion after the company raised $200 million in a funding round led by investment management firm T.Rowe Price. Read more »

PH books $417-M net inflows of hot money in May: BSP

ABS-CBN News
Posted at Jun 25 12:45 PM

The BSP said there were $1.46 billion gross inflows and $1.04 billion gross outflows of hot money registered with the central bank for the month. Read more »

PSE marks gains for 3rd straight week amid optimism over vaccine drive

ABS-CBN News
Posted at Jun 12 03:21 AM

The Philippine Stock Exchange notches gains for a third straight week as investors cheer developments in the country's vaccine drive. Read more »

Philippine shares post slight gains

ABS-CBN News
Posted at Jun 05 02:52 AM

Philippine shares post slight gains after inflation in the country remained unchanged in May.  Read more »

Philippine shares fall again, post 4th weekly loss

ABS-CBN News
Posted at May 08 01:02 AM

Philippine shares post their fourth weekly loss amid an absence of local catalysts to spur investor sentiment. At least one analyst says local public offerings may also be sapping liquidity from the market. Read more »

Philippine shares in the red for 5th straight day

ABS-CBN News
Posted at May 06 11:30 PM

A fifth straight day in the red for Philippine shares even as the earnings season continues.  Read more »

PSE ends Wednesday's trading in the red

ABS-CBN News
Posted at May 06 03:41 AM

The Philippine Stock Exchange index shrugged off the country's better-than-expected inflation print for April as it ends Wednesday's session in the red. Read more »

Analyst sees potential despite Philippine shares falling further

ABS-CBN News
Posted at May 05 02:28 AM

Philippine shares ended Tuesday's session lower in another day of thin trading and continued foreign selling. But amid the decline, one analyst sees a potential silver lining. Read more »

Philippine shares go flat on 1st trading day of May

ABS-CBN News
Posted at May 04 04:11 AM

The muted trading also came after a survey revealed Manila's manufacturing PMI contracted for the first time this year.  Read more »

$541 million in 'hot money' exit Philippines in March: BSP

ABS-CBN News
Posted at Apr 29 02:29 PM

The Bangko Sentral ng Pilipinas said BSP-registered foreign portfolio investments (FPIs) for March 2021 yielded net outflows of $541 million.  Read more »

PH stock exchange index notches 2nd weekly loss amid continued rise of COVID cases

ABS-CBN News
Posted at Apr 24 01:23 AM

But an analyst believes local investors are still holding out hope for a recovery story. Read more »

Analyst warns of worrying trend, as Philippine shares end negative for 2nd day

ABS-CBN News
Posted at Apr 22 10:46 PM

Philippine shares closed in the red for a second day, as investors kept out of the market. At least one analyst said this could be a sign of a worrying trend. Read more »

Philippine shares post weekly loss despite eased community quarantine

ABS-CBN News
Posted at Apr 17 03:16 AM

Philippine shares post a weekly loss even after the greater Manila area shifted to a looser lockdown this week. Read more »

Philippine shares rise for 2nd straight day

ABS-CBN News
Posted at Apr 16 02:06 AM

Philippine shares inch up for a second straight day even as value turnover remains thin. One analyst believes the local bourse is on a wait-and-see mode. Michelle Ong with a wrap of today's market action. Read more »

$40 million net 'hot money' left Philippines in February: Bangko Sentral

ABS-CBN News
Posted at Mar 31 07:55 PM

The Philippines booked $40 million in net outflows of central bank-registered foreign portfolio investments or "hot money" in February, the Bangko Sentral ng Pilipinas said on Wednesday.  Read more »

Moody’s says COVID-19 spike, new quarantine restrictions to delay PH recovery

ABS-CBN News
Posted at Mar 29 03:15 PM

Moody’s Investors Service on Monday warned that the recent spike in COVID-19 cases, as well as the strict quarantine measures imposed to try to control it, will delay economic recovery. Read more »

Investors wary amid spike in COVID-19 cases in Philippines

ABS-CBN News
Posted at Mar 20 04:02 AM

Philippine shares join the regional slump triggered by rising bond yields in the US. Read more »

Philippine shares rally alongside Asian peers

ABS-CBN News
Posted at Mar 19 03:44 AM

But an analyst believes the local bourse remained vulnerable due to the pandemic.  Read more »

Philippine shares still down amid spike in COVID-19 cases

ABS-CBN News
Posted at Mar 13 04:02 AM

Philippine shares manage to stay above the 6,700 level but are still down for the week. At least one analyst believes the recent uptick in COVID-19 cases has overshadowed investor optimism that had been fueled by the arrival of vaccines. Read more »

Philippine shares fall after two days of gains

ABS-CBN News
Posted at Mar 12 05:01 AM

Philippine shares fall back to the 6,700 level after two days of gains. Read more »