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…
PSE moves to manage market volatility
The Philippine Stock Exchange (PSE) seeks to better control extraordinary volatility at the local stock market, which entered the bearish cycle earlier this year, by shifting to a three-tier circuit…
PSEi posts slight gain as market cheers improvement in oil prices
The local stock barometer firmed up for the first time this week on Thursday as global markets welcomed a nascent recovery in global oil prices. The main-share Philippine Stock Exchange…
Is S. Korea’s stock market on recovery track?
SEOUL — With the COVID-19 infection curve in South Korea having slowed down in recent weeks, the local bourse is gradually recovering its momentum on the back of an influx…
S. Korea’s shrinking job market sparks fears of recession
Job seekers look for openings at an employment exchange in Mapo, Seoul, on Tuesday. Yonhap via The Korea Herald/Asia News Network SEOUL — Slammed by the novel coronavirus, South Korea’s…
Oil-producing nations seek global deal to stabilize market
The sun sets behind an idle pump jack near Karnes City, Texas, Wednesday, April 8, 2020. The demand for oil continues to fall due to the new coronavirus outbreak. (AP…
Market slightly up in thin trade
The local stock barometer inched up due to last-minute buying in thin trade on Friday as investors across the region remained largely jittery on the coronavirus disease (COVID-19) pandemic. The…
Market up 1.64% as investors welcome Bayanihan Act
The local stock barometer advanced to the 5,400 mark yesterday as domestic investors made up for the slack in foreign appetite alongside lingering concerns on the coronavirus pandemic. The main-share…
35-day T-bills, absent in market for 15 years, returning in April as investors cling to cash
The government will borrow from domestic sources a total of P190 billion next month, including P30 billion in 35-day Treasury bills which are making a comeback after an absence of…