News

Asian markets extend decline ahead of OPEC meeting

ABS-CBN News
Posted at Dec 07 12:15 AM

The Organisation of the Petroleum Exporting Countries' (OPEC) expected production cuts is also affecting local market sentiment, as Philippine shares joined the wide-scale sell-off. Read more »

PH shares close at 2-month high

ABS-CBN News
Posted at Nov 26 11:27 PM

Philippine shares rallied, outperforming other bourses in Asia and ending the day at its highest in two months.  Read more »

PH shares dip, take cue from Wall Street

ABS-CBN News
Posted at Nov 21 11:43 PM

Philippine shares close sideways, tracking the downturn on Wall Street.  Read more »

Shares back above 6,900 ahead of BSP policy meeting

ABS-CBN News
Posted at Nov 14 11:01 PM

Investors seem to be relaxed ahead of the Bangko Sentral ng Pilipinas' policy meeting Thursday as Philippine shares rise above the crucial 6,900 level. Read more »

PH shares dip despite Asia rally

ABS-CBN News
Posted at Nov 12 11:30 PM

Philippine shares slipped again Monday despute the general boarse relief in Asia. Read more »

PH shares hit near 2-week high

ABS-CBN News
Posted at Nov 05 11:49 PM

Philippine shares play catch up to last week's gains in global equities as the local market reopen following the 4-day weekend. Read more »

PH shares buck rally in Asia, but stays above 7,000

ABS-CBN News
Posted at Oct 31 12:05 AM

Some analysts believe the PSE index may be stuck in lethargic trading until the end of the year. Read more »

Last-minute jolt helps PH shares close above 7,100

ABS-CBN News
Posted at Oct 29 11:47 PM

Philippine shares eked out modest gains on Monday amid the latest slew of corporate earnings.  Read more »

PH shares hold on to gains above 7,000

ABS-CBN News
Posted at Oct 27 12:50 AM

Philippine shares managed to hang on to gains all day, finishing up for Friday, but still down for the week. Read more »

Analysts: Rising inflation may damage corporate profits

ABS-CBN News
Posted at Oct 24 11:54 PM

The Philippine Stock Exchange index held above the 7,100 level following what one analyst described as a "sleepy" trading day.  Read more »

Foreign funds' exodus from PH continues for 38th day

ABS-CBN News
Posted at Oct 22 11:51 PM

Philippine shares charged ahead for a fifth straight session Monday as investors cheer the first earnings numbers in the third quarter. Read more »

'Rollback sa produktong petrolyo sa susunod na linggo, posible'

ABS-CBN News
Posted at Oct 19 06:22 PM

Malaki ang tsansang magkaroon ng rollback sa presyo ng mga produktong petrolyo sa susunod na linggo, ayon sa isang opisyal ng DOE. Read more »

PH shares rebound from 1-year low

ABS-CBN News
Posted at Oct 12 10:51 PM

Philippine shares joined the mostly positive trading session in Asia as equities in the region rebound from Thursday's meltdown. Read more »

PANOORIN: Carrots pinagkaguluhan sa La Trinidad Trading Post

Justin Aguilar, ABS-CBN News
Posted at Sep 01 02:40 PM

LA TRINIDAD, Benguet - Pinagkaguluhan ng mga mamimili ang isang truck ng carrots sa La Trinidad Trading Post Biyernes ng umaga.    Read more »

Court of Appeals upholds junking of insider trading raps vs Ongpin

Ina Reformina, ABS-CBN News
Posted at Aug 02 07:45 PM

The Court of Appeals (CA) has affirmed its earlier ruling dismissing insider trading charges against former trade minister and business tycoon Roberto V. Ongpin over shares of Philex Mining Corporation in 2009.  Read more »

Economist: PH can expect 'complications' amid U.S.-China trade war

ABS-CBN News
Posted at Jul 09 11:46 PM

The ongoing trade conflict between the U.S. and China fueled concerns for Philippine miners, with experts saying any increase in trade barriers is bad for business. Read more »

PH shares close higher, back above 7,800

ABS-CBN News
Posted at May 15 09:40 PM

Philippine shares closed at a new one-month high fueled by the property sector amid rising interest rates. Read more »

New York investigates cryptocurrency trading exchanges

Agence France-Presse
Posted at Apr 18 04:44 AM

New York state authorities on Tuesday said they have launched a probe into platforms that trade cryptocurrencies like bitcoin, including potential fraud and conflicts of interest. Read more »

Free WiFi in provinces hits snag as most bids rejected

ABS-CBN News
Updated as of Mar 26 08:01 PM

The government's push to provide free WiFi in the provinces hit a snag on Monday after the Philippine International Trading Corporation (PITC) rejected most of the submitted bids.  Read more »

PH shares plunge back to 8,100 amid trade war fears

ABS-CBN News
Posted at Mar 15 11:35 PM

The Philippine Stock Exchange Index sunk to new lows for the year as the exodus of foreign funds continues for a 17th straight trading day.  Read more »