Stocks rise on vaccine hopes; S&P 500 back within 5% of high
NEW YORK — Markets worldwide rallied on rising hopes for a COVID-19 vaccine Wednesday, and the S&P 500 climbed back to where it was a few days after it set…
‘Digital hygiene’ cuts probability of being scammed
Create a separate email address solely for your bank transactions that you will never use for social media accounts. Turn on the one-time pin (OTP) feature on your accounts and…
SMIC eyes series of bond offerings in next 3 years
SM Investments Corp. (SMIC), the country’s largest conglomerate, plans to raise as much as P30 billion from a series of local bond offerings in the next three years. The initial…
P22.5B in investment pledges OKd for Peza registration
The Philippine Economic Zone Authority (Peza) said it had approved P22.5 billion worth of investment commitments earlier this month, which it said could provide thousands of jobs once fully operational.…
PSEi dives as market fears return to stricter quarantine
The benchmark Philippine Stock Exchange index (PSEi) plummeted on Wednesday, bucking positive sentiments across the region and a rally in Wall Street overnight. The drop followed the continued rise in…
Budget carriers restart operations | Inquirer Business
Philippine budget airlines are restarting flights to select international destinations even as they struggle with drastically lower demand and the lack of government support amid the coronavirus pandemic. AirAsia Philippines…
Shakey’s shelves expansion plan for 2020
Restaurant chain operator Shakey’s Pizza Asia Ventures Inc. is holding off the rollout of new stores and cutting by half its capital outlays this year to prepare for a prolonged…
Apple wins EU court case over $15 billion in claimed taxes
In this Tuesday, June 16, 2020 file photo, the sun is reflected on Apple’s Fifth Avenue store in New York. A European Union high court on Wednesday, July 15, 2020…
World markets mostly higher on hopes for coronavirus vaccine
A man walks past an electronic stock board showing Japan’s Nikkei 225 and New York Dow indexes at a securities firm in Tokyo Wednesday, July 15, 2020. Shares were mostly…
Gov’t’s foreign loans boost PH dollar stash in June to another record high
MANILA, Philippines — The Philippines’ dollar reserves inched up to another historic high in June thanks to inflows from the government’s overseas borrowings to fund its drive against the coronavirus…