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PSE prices stock rights offer at a premium

THE Philippine Stock Exchange, Inc. (PSE) has priced its stock rights offer (SRO) at a premium, the underwriter of the deal said on Friday. BDO...

Local ads dominate YouTube Ads Leaderboard

A DOG video topped Google Philippines’s YouTube Ads Leaderboard, a bi-annual list of the top 10 Philippine ads on the video platform, which was...

Thrift banks’ NPLs climb in 2017

SOURED DEBTS held by thrift lenders grew by a tenth in 2017 to match the increase in total loans granted from a year ago,...

Gov’t considering moves to allow ride-sharing in more regions

THE government is considering moves to allow ride-sharing in more regions, including Mindanao, owing to the lack of transport capacities in these areas. The Land...

Gov’t to hand out ‘unconditional’ cash transfers in Q1

By Melissa Luz T. Lopez, Senior Reporter THE GOVERNMENT will start handing out cash transfers to some 7.4 million households by March, with the P200...

PSEi dips below 8,500

By Arra B. Francia, Reporter LOCAL shares continued to decline on Friday, dragged by index heavyweights unloaded by foreign investors. The 30-member Philippine Stock Exchange index...

Philippines summons US Ambassador over intelligence report

THE Philippines has summoned United States Ambassador Sung Y. Kim on the latest Worldwide Threat Assessment report of the US intelligence community that listed...

Snap royalty Kylie Jenner helped erase $1.3 billion in one tweet

Snap Inc.’s flagship platform has lost some luster, at least according to one social-media influencer in the Kardashian-Jenner clan. Shares of the Snapchat parent company...

China, India compete for bourses as regional rivalry expands

The push for geopolitical influence in Asia is expanding from hard infrastructure to financial assets, with a Chinese bourse outbidding an India rival for...

Asian markets finish week on a high

HONG KONG -- Asian markets ended the week on a positive note following the lead from Wall Street, with energy firms lifted by a...

Web vulnerabilities in 2017 surge 212% — study

The number of web application vulnerabilities soared to an alarming rate in 2017, with more than a third these vulnerabilities unsolvable by any software fix,...