Market down as investors dump Jollibee stocks
Investors dumped shares of fast-food giant Jollibee Foods Corp., dragging down the main stock barometer on Tuesday (May 26), in anticipation of poor earnings due to the novel coronavirus disease…
Hong Kong leader tries to reassure investors rattled by China law
Hong Kong Chief Executive Carrie Lam (front L). Photo by Anthony WALLACE / AFP HONG KONG — China’s plans to impose a new security law on Hong Kong will “only…
Investors turn cautious as pledges drop by 70%
Investors pulled back from their usual aggressive pitch, as pledges received by the Board of Investors (BOI) in the first four months of the year dropped by more than 70…
US stocks close higher as investors regain some more confidence
Stocks closed broadly higher on Wall Street Wednesday, clawing back all their losses from a day earlier and extending their strong gains for the week. A stock trader works at…
T-bill rates slide further as investors seek safe haven
T-bills rates further slid on Monday (May 18) as the Bureau of Treasury sold P24 billion or 1/5 more than it offered as investors sought safe haven for their money…
Investors flocking to ‘safe havens’: Treasury sells P30 billion in T-bonds
The Bureau of the Treasury on Tuesday (May 12) sold P30 billion in three-year T-bonds amid robust demand for long-term securities. The bonds with a remaining life of two years…
DOF wants President to have say on investors’ tax perks
The Department of Finance (DOF) wants President Rodrigo Duterte to have a direct role in the grant of fiscal incentives to investors that would attract more investments during the COVID-19…
Spooked ‘hot money’ investors fled PH in Q1
Short-term investments in Philippine financial markets fled the country at the end of the first quarter as the coronavirus pandemic dampened sentiment among money managers around the world, the latest…
Spooked ‘hot money’ investors fled PH in first quarter, BSP data show
Short term investments in Philippine financial markets fled the country at the end of the first quarter of 2020 as the coronavirus pandemic dampened sentiment among money managers around the…
Stocks fall as investors brace for earnings hit from virus
Stocks fell on Wall Street Monday, erasing some of the market’s big gains from last week, as investors braced for a sobering first look at how the coronavirus pandemic has…