Philippine Stock Exchange Warns of Investment Scams
MANILA, PHILIPPINES – The Philippine Stock Exchange, Inc. (PSE) has issued an advisory warning the public against the proliferation of investment scams. In a statement posted on its website, the…
SM Investments Corp Posts 8.1 Percent Q1 Net Income Growth
MANILA, PHILIPPINES – SM Investments Corporation announced that its consolidated net income in the first quarter of 2015 grew 8.1% to PHP6.7bn (USD150 million), with net income margin at 10.4…
More Young Chinese Investing in Stocks But Experts Warn of Risks
SHANGHAI – A new breed of well-educated young Chinese are now buying stocks but experts warn of risky investments as most of these young people in China are inexperienced. Experts…
Philippine Monetary Board Approves Amendment of Unit Investment Trust Fund
MANILA, PHILIPPINES – The Monetary Board of the Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, approved the amendment of the Unit Investment Trust Fund (UITF) regulations…