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Philippine stocks see best week since June as virus slows, foreign buying up

Reuters
Posted at Oct 23 03:38 PM

Philippine stocks surged 2.2 percent on Friday closing at 6,484.06 to end the week with their biggest gain since June, bolstered by the easing of restrictions as new coronavirus cases showed signs of slowing.   Read more »

Philippine stocks rise as virus cases slow

Shriya Ramakrishnan, Reuters
Posted at Oct 21 02:12 PM

Philippine shares hit their highest level in over three months on Wednesday after a drop in new COVID-19 infections. Read more »

Asian stocks at 2-week high as Trump returns to White House

Alun John and Tom Westbrook, Reuters
Posted at Oct 06 12:00 PM

Asian stock markets advanced to a two-week high on Tuesday after U.S. President Donald Trump was discharged from hospital following treatment for COVID-19 and as prospects for a fresh U.S. stimulus package appeared to brighten. Read more »

Japan's financial watchdog to order Tokyo bourse to swiftly report on trading system glitch

Reuters
Posted at Oct 02 12:12 PM

Japan's financial watchdog will order the Tokyo Stock Exchange (TSE) to report swiftly on its system glitch that halted trading at the bourse for the whole day on Thursday, Finance Minister Taro Aso said. Read more »

Secretive Big Data firm Palantir makes low-key stocks debut

Juliette Michel and Rob Lever, Agence France-Presse
Posted at Oct 01 08:45 AM

Data analytics firm Palantir, which has drawn fire over its law enforcement and national security work, made a low-key debut Wednesday on Wall Street at a hefty valuation of more than $20 billion. Read more »

China chip giant SMIC shares plunge 7.64 percent after US export controls

Agence France-Presse
Posted at Sep 28 10:43 AM

Shares in China's biggest chipmaker plunged on Monday following weekend media reports that Washington has placed export controls on the company, the latest salvo in the battle for technological dominance over Beijing.   Read more »

European stocks slump 3 percent on virus second wave fears

Agence France-Presse
Updated as of Sep 21 07:16 PM

European stock markets nosedived Monday as investors fretted over mounting fears of a second coronavirus wave and tighter government restrictions to combat the killer disease, notably in Spain. Read more »

4 types of UITF investments you need to know

Moneymax.ph
Posted at Sep 16 03:09 PM

Since everyone’s talking about investments nowadays, it’s time we shed some light on other popular and affordable options out there—namely, Unit Investment Trust Funds or UITF.  Read more »

Nikkei closes down 1.4 percent on reports Japan PM to resign

Agence France-Presse
Posted at Aug 28 03:41 PM

 Tokyo's benchmark Nikkei index reversed earlier gains and closed down more than 1.4 percent Friday after reports said Japanese Prime Minister Shizo Abe was to resign for health reasons. Read more »

Brands told: 'Stock up' to keep loyal customers as appetite for e-commerce grows

ABS-CBN News
Posted at Aug 27 04:17 PM

Manufacturers are urged to stock up and maintain their products' presence in stores to stay relevant and to keep "loyal" customers as the coronavirus pandemic alters consumer behaviors, Nielsen Philippines said Thursday.    Read more »

European stock markets surge on vaccine hopes

Agence France-Presse
Posted at Aug 24 09:59 PM

European stock markets surged Monday on hopes of a coronavirus vaccine, while the dollar waned on continued deadlock over a new US stimulus deal, dealers said. Read more »

Apple becomes 1st US company to hit $2 trilion in market value

Agence France-Presse
Posted at Aug 20 03:03 AM

The iPhone maker attained the distinction in mid-morning trading and was up 1.1 percent at $467.18 near 1545 GMT. The company had previously become the first giant to hit $1 trillion in market value in March 2018. Read more »

Apple on cusp of $2 trillion milestone, defying pandemic

Rob Lever, Agence France-Presse
Posted at Aug 12 06:13 AM

Apple is on the verge of becoming the first $2 trillion American company following a gravity-defying surge that has highlighted the value of its iPhone ecosystem during the global pandemic. Read more »

SoftBank back to black with $12 billion profit after record losses

Agence France-Presse
Posted at Aug 11 03:36 PM

SoftBank Group on Tuesday reported a $12 billion quarterly net profit to June, recovering from eye-watering losses as tech stocks rally and the firm sheds assets to shore up its finances.   Read more »

PSE Index falls as Metro Manila reverts to stricter lockdown

ABS-CBN News
Posted at Aug 03 02:49 PM

Philippine share prices took a beating on Monday after President Rodrigo Duterte announced that Metro Manila and several of the most economically productive provinces near the capital would again be placed under the second strictest quarantine measure.   Read more »

When is the best time to buy stocks?

Moneymax.ph
Posted at Jul 17 10:26 AM

Stock investments are an effective way to earn money provided you know what you’re doing. Here’s a cheat sheet on when to buy stocks. Read more »

Asian markets rally on recovery hopes, despite virus surge

Agence France-Presse
Posted at Jul 06 04:39 PM

The easing of lockdowns is providing hope the global economy will bounce back from an expected recession this year, with England's pubs reopening at the weekend and tourist attractions around Europe either now open or planning to. Read more »

PSEi may fall to 5,000-5,500 level in next few months: Analyst

ABS-CBN News
Posted at Jun 25 08:14 PM

The Philippine Stock Exchange index may test the 5,000 to 5,500 support levels in the coming months due to the continuing impact of the COVID-19 pandemic on the economy, according to an analyst. Read more »

World stocks pull back as virus worries resurface

Agence France-Presse
Posted at Jun 19 08:22 AM

Stock markets eased back on Thursday as worries that the world has not seen the last of the coronavirus pandemic caused investors to take some profits after a recent strong run. Read more »

Equities bounce after Fed turns on taps

Agence France-Presse
Posted at Jun 16 08:04 PM

Global equities shot higher Tuesday after the US Federal Reserve launched a massive stimulus program to support businesses hit by the virus lockdown, offsetting fears about a possible second wave of infections. Read more »