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PH shares jump as vaccine rollout begins

ABS-CBN News
Posted at Mar 01 11:02 PM

Philippine shares rallied following the launch of the country's COVID-19 inoculation drive.   Read more »

PH shares buck global rout, but post 3rd weekly loss

ABS-CBN News
Posted at Feb 27 01:33 AM

Philippine shares bucked a global rout that stemmed from a rise in US bond yields. Read more »

DoubleDragon REIT IPO gets OK from PSE, set for market debut on Mar. 23

ABS-CBN News
Posted at Feb 26 08:13 PM

DoubleDragon's DDMP REIT Inc. is all set for stock market debut on March 23, as the Philippine Stock Exchange approved its planned initial public offering (IPO) on Friday.  Read more »

Coinbase makes direct public listing application with United States SEC

Reuters
Posted at Feb 26 08:35 AM

Coinbase Inc on Thursday disclosed its regulatory filing to go public, setting the stage for a landmark stock market listing for the US cryptocurrency exchange.   Read more »

Traveloka plans regional fintech expansion before 2021 listing

Fanny Potkin and Anshuman Daga, Reuters
Posted at Feb 25 03:17 PM

Traveloka, Southeast Asia's largest online travel startup, plans to launch financial services in Thailand and Vietnam as it eyes a US listing through a blank-cheque company, its president said. Read more »

PH shares fall to near 4-week low

ABS-CBN News
Posted at Feb 25 04:45 AM

A volatile session on Wall Street triggered a sea of red across most Asian markets. Read more »

PH shares post flat finish after Duterte junks MGCQ proposal for entire country

ABS-CBN News
Posted at Feb 23 10:39 PM

Philippine shares posted a flat finish after President Rodrigo Duterte opposed the easing of community quarantine restrictions in the country. Read more »

PH shares slip as investors wait for quarantine classification updates

ABS-CBN News
Posted at Feb 22 11:23 PM

Philippine shares retreat on the first trading day of the week as foreign selling continues. Read more »

PSE recovers amid talk of eased quarantine rules

ABS-CBN News
Posted at Feb 20 12:39 AM

The Philippine Stock Exchange Index recovered following news of possible looser quarantine restrictions. Read more »

Philippines set to take rare top spot for IPOs in Southeast Asia

Neil Jerome Morales and Anshuman Daga, Reuters
Posted at Feb 19 02:49 PM

A clutch of Philippine firms, including newly launched real estate investment trusts (REITs), could make the country Southeast Asia’s biggest IPO market this year, driven by attractive valuations and a recovering economy. Read more »

GameStop key players tell US lawmakers no manipulation

ABS-CBN News
Posted at Feb 19 08:20 AM

Key players involved in the trading frenzy centered on GameStop shares told skeptical US lawmakers on Thursday that their actions were above board and in line with ordinary stock market business. Read more »

PH shares fall following release of minutes from US Fed meeting

ABS-CBN News
Posted at Feb 18 11:24 PM

Philippine shares extended their decline for a second straight day, along with most Asian markets. Read more »

'Roaring Kitty,' MassMutual hit with lawsuit ahead of GameStop hearing

Tom Hals, Reuters
Posted at Feb 18 09:17 PM

The social media persona “Roaring Kitty”, who became a key player in last month’s frenzied rally in shares of GameStop Corp, is facing a lawsuit alleging he violated securities laws and caused “huge losses” for investors, just a day before he is set to testify before U.S. lawmakers. Read more »

Robinhood, hedge fund manager defend Gamestop moves ahead of hearing

Pete Schroeder, Reuters
Posted at Feb 18 09:09 AM

A Wall Street hedge fund manager, the chief executive of Robinhood and a YouTube streamer known as "Roaring Kitty" laid out their defense on Wednesday ahead of a grilling by lawmakers over the Reddit-fueled rally in retailer GameStop Corp. Read more »

PH stocks drop amid foreign selling

ABS-CBN News
Posted at Feb 17 10:33 PM

Philippine shares joined the decline in most Asian markets due to foreign selling.  Read more »

DoubleDragon's P14.71 billion real estate investment trust IPO gets regulator nod

ABS-CBN News
Posted at Feb 17 04:32 PM

The Securities and Exchange Commission on Wednesday said it approved the initial public offering (IPO) of the real estate investment trust (REIT) by DoubleDragon Properties Corp worth nearly P14.71 billion. Read more »

ByteDance in preliminary talks to list TikTok in NYSE: Global Times

Reuters
Posted at Feb 17 09:20 AM

TikTok's parent company ByteDance is in preliminary talks to list the video app on the New York Stock Exchange, China's Global Times newspaper tweeted on Wednesday, citing sources. Read more »

PH shares join global rally on stimulus, vaccine rollout optimism

ABS-CBN News
Posted at Feb 16 11:50 PM

Philippine shares recover from Monday's slide and joined the global rally buoyed by developments on the COVID-19 vaccine rollout front.  Read more »

PH stocks sink due to last-minute selling

ABS-CBN News
Posted at Feb 15 11:57 PM

Philippine shares start the trading week in the red due to last-minute selling.  Read more »

PH stocks slip on thin trade

ABS-CBN News
Posted at Feb 11 11:55 PM

The Philippine Stock Exchange Index snapped its five-day winning streak, closing on thin trade below the 7,000 level. Read more »