Hong Kong, China — Asian equities mostly fell Wednesday as investors fret over Donald Trump’s ever-changing trade policies amid increasing concern that his tariffs could send the US economy into recession. Global markets have...
Sydney, Australia — Washington’s looming tariffs on steel and aluminum are “entirely unjustified”, Australian Prime Minister Anthony Albanese said Wednesday after failing to secure a last-minute exemption. “This...
Houston, United States — Oil executives said Tuesday they are bullish on US petroleum investments in the emerging Trump era as some giants back away from renewable energy and beef up fossil fuel developments. While there is still talk...
MANILA, Philippines – The Court of Appeals has upheld the Securities and Exchange Commission’s (SEC) cease and desist order against a company found to have been soliciting investments without permits, saying that the regulator had...
MANILA, Philippines – The Board of Investments (BOI) has partnered with DevConnect Philippines Inc. (Devcon) to help develop the engineering and technology skills of the local workforce. The BOI, the Department of Trade and...
WASHINGTON, United States — President Donald Trump’s threat Tuesday to double his planned tariffs on steel and aluminum from 25% to 50% for Canada led the provincial government of Ontario to suspend its planned surcharges on...
WASHINGTON — Stock markets are plunging, consumers and businesses have started to sour on the economy, and economists are marking down their estimates for growth this year, with some even seeing rising odds of a recession. The tech-heavy...
Under a mortgage contract, the mortgagor obliges himself to fulfill a principal obligation, such as the payment of a loan, by securing it with his property. Fulfilling this obligation usually extinguishes this mortgage. The Supreme Court...
Washington, United States — The euphoria that Donald Trump’s election triggered for financial markets seems to be a thing of the past as investors now fret over the prospect of the president’s trade wars sparking a US...
Economic and real estate experts gathered at the Garden Pavilion in Grand Hyatt Manila for Asia Connect Manila to discuss the tailwinds and headwinds of the property sector. The event also launched the 13th edition of the PropertyGuru...
MANILA, Philippines — Yields on long-dated local debts of the government went up on Tuesday’s sale of Treasury bonds (T-bonds) as political noise at home and persistent global trade uncertainties weighed on investor sentiment. But the...
New York, USA — Global stock markets extended losses on Tuesday as US President Donald Trump waffled on the size of tariffs he will levy on Canadian steel, aggravating concerns his trade policies could push the United States toward...
More than 8 million customers of Manila Electric Co. (Meralco) may pay more for their power bills this month as the company implements a 26-centavo increase per kilowatt-hour (kWh) in its electricity rate. In a briefing on Tuesday, the...
President Trump imposed a 25 percent tariff on metal imports. The move is expected to raise costs for U.S. manufacturers of cars, solar panels and other products, potentially slowing the economy.
Younger would-be chief executives are increasingly seeking profits — and freedom from the 9-to-5 — by pivoting from corporate jobs into often unglamorous small-business niches.
Prime Minister Anthony Albanese has called the US tariffs on Australian steel and aluminium “entirely unjustified”, while confirming retaliatory tariffs would not be imposed on US imports.
MANILA, Philippines – Investors spooked by possible “political instability” following the arrest of former President Rodrigo Duterte sent the local bourse’s main index tumbling down by 2 percent on Tuesday, erasing its recent...
MANILA, Philippines – An interest rate cut in April is still “on the table” of the Bangko Sentral ng Pilipinas (BSP), Governor Eli Remolona Jr. said while stressing that monetary authorities were still on easing mode despite the...
MANILA, Philippines – Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. has had enough of people trying to stir controversy about the central bank’s management of the country’s international reserves, particularly the...
MANILA, Philippines – Soured loans held by local banks rose to a two-month high in January, opening the year on a negative note as the lingering impact of the last pandemic and the slow interest rate-cutting cycle weighed on...
MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) is preparing new regulations that aim to mitigate risks associated with the use of artificial intelligence (AI) in the local financial sector. At a forum in Manila on...
MANILA, Philippines – Local rice production is projected to decrease this current crop year due to unfavorable weather conditions, which could translate to higher retail prices, according to research firm BMI. In a report, BMI said...
MANILA, Philippines – Prices of precious metals like gold and silver are projected to sustain their uptrend this year as prolonged geopolitical conflicts continue to drive investors toward safe-haven assets. “Experts anticipate...
MANILA, Philippines – ACEN Corp., the listed energy firm of the Ayala Group, plans to increase its authorized capital stock, which would allow the company to fund business growth. In a disclosure on Tuesday, ACEN said its board of...
MANILA, Philippines – Ayala Land Hospitality (ALH) will spend $500 million in the next five years to double its hotel room capacity. This move is being taken as Ayala Land Inc.’s hotel and resorts arm pursues a massive rebranding...
MANILA, Philippines – Question: My parents said, “Instead of renting, just use the rent money as amortization on the loan you will secure from a bank to buy your own home (translated from Filipino).” Are they right? We just got...
BlueScope Steel says it will work with the US government to ensure they understand the Australian company's significant investment in American steelmaking.