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Faster inflation seen in Sept. — BWorld poll
INFLATION likely quickened in September due to higher electricity rates and food prices as well as the continued depreciation of the...
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Evolves Co
Oct 3, 20222 min read
Dow jumps more than 500 points to kick off October as it attempts rebound from 2022 lows
Stocks rallied Monday to start the new month and quarter, as Treasury yields eased from levels not seen roughly a decade. The Dow Jones...
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Evolves Co
Oct 3, 20221 min read
Philippine peso may slide to an all-time low as trade deficit widens
The Philippine peso may extend its record-setting slump against the greenback as billions of dollars of trade deficits weigh on the...
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Evolves Co
Jun 15, 20222 min read
Asia-Pacific stocks slip; China’s May retail sales, industrial production out ahead
SINGAPORE — Shares in Asia-Pacific slipped in Wednesday morning trade following overnight losses on Wall Street as the S&P 500 fell...
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Evolves Co
Jun 15, 20222 min read
‘Frozen conflict’: Ukraine war could last 10 years or more if Russian forces aren’t pushed back
As Russia gradually seizes more territory in Ukraine and continues to pound various targets in the Donbas, analysts fear that Ukrainian...
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Evolves Co
Jun 15, 20222 min read
PHL seen to expand 6% this year
THE PHILIPPINE economy is likely to expand by 6% this year, taking into account the headwinds that would likely affect growth, incoming...
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Evolves Co
Jun 15, 20222 min read
Cutting infrastructure spending will hurt economy’s recovery, DoF says
THE GOVERNMENT should not reduce infrastructure spending as this may hurt the economy’s recovery, the Finance department said. In an...
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Evolves Co
May 21, 20221 min read
Goodbye, American soft power: McDonald’s exiting Russia after 32 years is the end of an era
It was 4 a.m. and a trickle of Russians had already begun lining up outside the building in the freezing winter cold, hours before...
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Evolves Co
May 21, 20222 min read
Stocks head for another potentially treacherous week, as a slew of retailers report earnings
If there’s more bad news from retailers in the coming week, that could be a negative catalyst for an already cranky stock market. Market...
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Evolves Co
May 21, 20222 min read
Credit raters awaiting the incoming administration’s fiscal consolidation plan
A view of residential condominium buildings in Mandaluyong City, Metro Manila, Philippines, Aug. 22, 2016. — REUTERS CREDIT RATING...
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Evolves Co
May 21, 20221 min read
BSP hikes rates for 1st time since 2018
A vendor arranges vegetables at a public market in Manila. — PHILIPPINE STAR/ RUSSEL A. PALMA THE Bangko Sentral ng Pilipinas (BSP)...
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Evolves Co
Apr 18, 20221 min read
Asia stocks slip as investors look ahead to China’s first-quarter GDP
SINGAPORE — Shares in Asia slipped in Monday morning trade as investors await Chinese economic data, including the economic powerhouse’s...
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Evolves Co
Apr 18, 20223 min read
Duterte vetoes bill requiring SIM card, social media account registration
President Rodrigo R. Duterte vetoed a bill that seeks to mandate the registration of all subscriber identity module (SIM) cards and...
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Evolves Co
Apr 18, 20222 min read
BSP likely to ‘significantly’ tighten policy this year — S&P
THE BANGKO SENTRAL ng Pilipinas (BSP) will likely be among Asia-Pacific central banks that will significantly tighten monetary policy...
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Evolves Co
Mar 15, 20223 min read
As pump prices surge, DoE summons oil firms
PHILIPPINE STAR/ RUSSEL PALMA THE ENERGY department on Monday summoned oil companies to explain the higher-than-expected fuel price hike,...
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Evolves Co
Mar 15, 20223 min read
Limited ties to Russia, Ukraine may minimize war impact on PHL
A motorist gets his tank filled at a gas station in Marikina, March 14. — PHILIPPINE STAR/ WALTER BOLLOZOS THE RUSSIA-UKRAINE crisis may...
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Evolves Co
Feb 17, 20221 min read
Ex-Pilipinas Shell CEO Cesar Romero to join Aboitizes in AEV board
The Aboitiz family is getting former Pilipinas Shell president and CEO Cesar Romero on the board of its holding firm, Aboitiz Equity...
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Evolves Co
Feb 17, 20221 min read
MVP allots P5B to buy back Metro Pacific shares after skidding to a 4-month low
The board of Metro Pacific Investments Corp. (MPIC) chaired by bilyonaryo Manny V. Pangilinan has approved a P5 billion shares buyback...
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Evolves Co
Jan 13, 20222 min read
China short list of bidders for Mindanao rail out within Q1
THE TRANSPORTATION department said it expects to receive within the first quarter the short list of bidders from China for the...
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Evolves Co
Jan 13, 20221 min read
Omicron clouds PHL growth outlook — WB
A health worker prepares a coronavirus vaccine at the Justo Lukban Elementary School in Paco, Manila, Jan. 3. — PHILIPPINE STAR/ MICHAEL...
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