Philippine Stock Exchange

Philippine Stocks Gain on Friday After Two-Day APEC Holiday

Philippine stocks rallied on Friday after being closed for two days for holidays, gaining 1.57 percent, the most rise among developing shares, as the...

Allianz is Lead Insurer of Germanwings Plane

Allianz SE, a German multinational financial services company that focuses on insurance, said it is ready to support Germanwings as fully and as quickly...

As Typhoon Maysak Enters Philippines, Sulu Vessel Sinking Kills 5

PHILIPPINES - An unregistered passenger vessel overloaded with cargo capsized in the waters off Pata and Tapul Island in the province of Sulu Thursday...

APEC Members Urged To Enhance SME’s Role in Automotive Industry

MANILA, PHIILPPINES - Member economies of the Asia-Pacific Economic Cooperation (APEC) must enhance the participation of small and medium enterprises (SMEs) in the automotive...

Banks in Europe, US Lay Off 59,000 Jobs in 2014

A total of 59,000 jobs in top European and US banks were axed in 2014, bringing the total job cuts to 160,000 across 24...

Australia, Denmark Join China-Led Asian Infrastructure Investment Bank

Two United States allies have announced their decisions to join the China-led Asian Infrastructure Investment Bank (AIIB), beating the 31 March deadline set by...

Global Takaful Sector to Reach USD20 Billion by 2017 – A.M. Best

The significant premium growth in the global takaful sector is expected to continue and reach USD 20 billion by 2017, with the majority of...

Seven Philippine Provinces Under Storm Warning as Typhoon Chedeng (Maysak) Closes In

The Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) placed seven provinces in Luzon under public storm warning signal Number 1 as typhoon Chedeng,...
Philippine Stocks

Philippine Stock Exchange To Hold Regular Trading During APEC Meetings

MANILA - The Philippine Stock Exchange, Inc. (PSE) and the Securities Clearing Corporation of the Philippines will have regular trading, clearing and settlement on...

First Gen Corporation Leads Blue Chip Stocks at Philippine Stock Exchange

PHILIPPINES - First Gen Corporation (PSE:FGEN)'s stock rallied in today's trading session at the Philippine Stock Exchange to gain 4.08 percent, topping 20 other...

Asia-Pacific Private Equity Deals Hit All-Time High in 2014

A report released by global management consulting firm Bain & Company showed that private equity (PE) deals signed in the Asia-Pacific region reached USD81...

Top 10 Most Tourism-Ready Nations Named; Singapore Tops SE Asia

SINGAPORE - The World Economic Forum released the Travel & Tourism Competitiveness Report 2015, naming the top 10 most tourism-ready nations in the world,...

Philippine Stock Market Hits 25th Record High

MANILA, PHILIPPINES - Traders at the Philippine stock market were on high spirits Monday as the Philippine Stock Exchange index (PSEi) reached another record...

This Week’s Top 10 Gainers At the Philippine Stock Exchange

This week at the Philippine Stock Exchange, gainers outnumbered losers, 151 to 60, while 26 stocks remained unchanged as the local stock market continues to...

Germanwings Had No Idea Co-Pilot Andreas Lubitz Was Unfit For Work

Had Germanwings learned that co-pilot Andreas Lubitz was classified by doctors as unfit for work, the deliberate move to crash the Airbus A320 plane,...

Malaysian Parliament Member, 5 Others, Killed in Helicopter Crash

MALAYSIA – Six people, including Rompin MP Jamaluddin Jarjis, were killed when the helicopter they boarded crashed in Semenyih, Kajang Saturday, Malaysia’s Home Ministry...

Indonesia Plans Lowering Corporate Income Tax in 2017

INDONESIA - The Indonesian government announced plans to trim the country's corporate income tax rate in 2017, a move seen by analyst as among...

Global Insurers Assessing Nepal Earthquake Loss

NEPAL - Global insurers and reinsurers with presence in Nepal are sending their teams to assess the damages brought about by the massive earthquake...

Government Readies Emergency Telecommunications Support as Chedeng (Maysak) Makes Landfall in Philippines

MANILA, PHILIPPINES - Intensifying its efforts in the preparations for Typhoon Chedeng, the Department of Social Welfare and Development (DSWD) is also focusing its...

China Launches Drive Against Underground Banks

BEIJING (PNA/Xinhua) -- Chinese police have launched a nationwide campaign against underground banks to maintain order in the financial and capital market, the police...