Philippine Pancake House to Open in UAE
MANILA – Max’s Group, Inc. (MGI) continues to aggressively expand its presence in the global scene, with the opening of Pancake House in the United Arab Emirates. Pancake House is…
Stargroup (ASX:STL) Wins 3-Year Clipsal 500 Adelaide ATM Contract
AUSTRALIA – Stargroup (ASX:STL), formerly Icash Payment Systems Limited, disclosed that it has been awarded the ATM supply contract for the next three years for the Clipsal 500 Adelaide. The…
AVIC International Terminates Proposed Acquisition of Shanghai Catic
SINGAPORE – AVIC International Maritime Holdings Ltd (SGX:O2I) has disclosed that its proposed acquisition of Shanghai Catic Industrial Co Ltd has been terminated after failing to secure relevant regulatory approval.…
Sta. Lucia Land (PSE:SLI) Receives ‘AA+’ Issuer Rating, Stable Outlook
PHILIPPINES – Sta. Lucia Land, Inc. (PSE:SLI), one of the prime real estate developers in the Philippines, received an “AA+” issuer rating, with a stable outlook, from the Credit Rating…
Signal No 3 Up in Four Areas as Typhoon Lando (Koppu) Nears Land Fall in Philippines
PHILIPPINES – The Philippine provinces of Aurora, Quirino, Isabela and Polillo Island have been placed under storm warning signal number at typhoon Lando (international name: Koppu) moved closer to central-northern…
China Life (HKG:2628) Reports Higher 9-Month Premium Income; Hong Kong Stock Inched Higher
HONG KONG – China Life Insurance Co Ltd (HKG:2628)’s stock closed higher on Friday’s trading on the Hong Kong Stock Exchange after it reported higher premium income for the first…
Deutsche Bank Upgrades AIA Group Ltd (HKG:1299) on Higher Q3 VNB
HONG KONG – Shares of Asian insurer AIA Group Ltd (HKG:1299) traded higher on the Hong Kong stock exchange on Friday after Deutsche Bank raised its target price for the…
This Week’s Top 10 Stocks on the Philippine Stock Exchange
PHILIPPINES – A total of 25 stocks traded on the Philippine Stock Exchange (PSE) managed to post double-digit gains this week, outperforming the Philippine Stock Exchange Index (PSEi), which was…
Ayala Land Inc. (PSE:ALI) Buys Additional Stake in Malaysia’s MCT Bhd for US$92 Million
PHILIPPINES – Philippine Stock Exchange (PSE)-listed Ayala Land, Inc. (PSE:ALI) has disclosed that it is acquiring additional shares of Malaysian development and construction company, MCT Bhd for US$92 million. In…
Meiden Group celebrates its growth in Singapore with the International Headquarters Award and new facilities
SINGAPORE – Meiden Group announced today that the Singapore Economic Development Board (EDB) has awarded Meiden Asia Pte Ltd with the International Headquarters Award Meiden Asia has established a regional…
Philippine Stocks Rise After Two Days of Retreat
Philippine stocks traded on the Philippine Stock Exchange climbed on Thursday’s close, following two days of decline, with 26 of the 30 blue chip stocks posting gains. The Philippine Stock…
Automotive Holdings Group (ASX:AHG) In Talks To Acquire Distribution Rights for Higer Buses in Australia
AUSTRALIA – Automotive Holdings Group (ASX:AHG) has confirmed that it is in negotiations to acquire the distribution rights for Higer buses in Australia. In a disclosure to the Australian Stock…
Australia’s YPB Group Ltd (ASX:YPB) Seals 3-Year Brand Protection Deal with Chinese Association
AUSTRALIA – YPB Group Ltd (ASX:YPB), an Australia-based provider for brand protection and security systems for brand owners, has been selected by a leading Chinese industrial association as its brand…
Metro Pacific Investments (PSE:MPI) Buys Shares in Indra Philippines for Php326.53 Million
PHILIPPINES – Metro Pacific Investments Corporation (PSE:MPI) acquired from Manila Electric Co (PSE:MER) 84,012 common shares of stock of Indra Philippines Inc. for Php326.525 million. In a disclosure to the…
Now Corporation (PSE:NOW) Launches Two New Products
PHILIPPINES – Philippine Stock Exchange-listed Now Corporation (PSE:NOW) launched and demonstrated live two of its innovative technology creations: (a) the “NOW Broadband Cable TV” a guaranteed broadband Internet service with…
Shares of PLDT (PSE:TEL), Globe Telecom (PSE:GLO) Decline on the Philippine Stock Exchange
PHILIPPINES – Blue chip telecoms stocks Philippine Long Distance Telephone Co (PSE:TEL) and Globe Telecom Inc (PSE:GLO) saw their shares declining on Wednesday’s trading as the index continued retreat following…
Only These 6 Philippine Stocks Survive Today’s PSEi Plunge
Philippine stocks traded at the Philippine Stock Exchange (PSEi) declined by 88.67 points, or -1.26 percent, on Wednesday’s trading, ending the day at 6,924.77 points. All of the sectors were…
Philippine Stock Exchange Appeals to Government to Open Financial Clearings, Settlements During APEC
The Philippine Stock Exchange, Inc. (PSE) has asked the Bangko Sentral ng Pilipinas (BSP) to make financial clearing and settlement operations among the services available to the public during the…
Zeta Petroleum plc (ASX:ZTA)’s CEO Andy Morrison Resigns
AUSTRALIA – Australian Stock Exchange-listed oil and gas company Zeta Petroleum plc (ASX:ZTA) has announced the resignation of its Chief Executive, Andy Morrison. In a disclosure to the Australian Stock…
Semirara Mining and Power Corporation (PSE:SCC) Selected as 2015 Platts Global Energy Awards Finalist
PHILIPPINES – Publicly-listed Semirara Mining and Power Corporation (PSE: SCC) has been named a finalist in the Platts Global Energy Awards, an annual program recognizing exemplary industry leadership and innovation,…