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...

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,...

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...

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...

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...

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...

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...
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...

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...

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,...

10 Asian Universities Join World’s Top 100 Universities by Reputation

Only 10 universities from Asia have made it to this year's Top 100 World Universities by Reputation published by the Times Higher Education. Universities from...

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...

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...

Breaking News: Global Sell Off Continues; Dow Suffers Losses

Global stock market sell off continues Monday as China's stock market falls again, causing worries among investors. Four minutes after the opening bell, the Dow...

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...

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...
China Economy

China’s Economy Seen To Grow 6.7% in Q2

The State Information Center, an official think-tank affiliated with the National Development and Reform Commission, has predicted China’s economy to grow 6.7 percent in...