Philippine stock rally losing steam on inflation worries
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REUTERS After a robust start to the year, the Philippine stock market is losing steam, as investors worry rising inflationary pressures and…
NYSE plans to compensate brokerage claims after glitch
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The New York Stock Exchange (NYSE) on Monday said it plans to reimburse investors who incurred losses due to a trading glitch last month that caused widespread confusion…
Boeing says it will cut about 2,000 white-collar jobs in finance and HR
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WASHINGTON – Boeing Co. expects to cut about 2,000 white–collar jobs this year in finance and human resources through a combination of attrition and layoffs, the US airplane maker confirmed Monday. Last month, the Arlington, Virginia-based company announced it…
Many airlines will not meet US 5G upgrade deadline -IATA
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L FILIPE C SOUSA-UNSPLASH WASHINGTON – Many airlines will be unable to meet looming US deadlines to retrofit airplane altimeters to ensure they are not susceptible to 5G wireless interference, the world’s biggest…
S.Korea’s Kakao Corp signs $173M deal to acquire 9.05% stake in SM Entertainment
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SEOUL — South Korea’s Kakao Corp said on Tuesday it will acquire a 9.05% stake in SM Entertainment, an entertainment agency behind…
DoF Secretary confident PHL will sustain growth
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Optimistic prospects are expected for the Philippine economy due to the passage of liberalization reforms and the openness of the administration to…
Smart levels up Signature Plan 599 with double data and shorter lock-in period
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Leveling up to a postpaid plan is now easier than ever as Smart has boosted its Signature Plan 599 by adding more…
Philippine inflation beats expectations, lifts chance of bigger rate hike
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PHOTO BY BERNARD HERMANT MANILA – Philippine annual inflation blew past expectations in January to reach a fresh 14-year high on surging…
Treading the often-difficult path of making lives better
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Generations of making lives better: PHINMA Chairman Emeritus Oscar J. Hilado; Chairman and CEO Ramon R. del Rosario, Jr.; and COO and…
Imported onion SRP set at P125/kg
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Red onions are for sale in Manila, Jan. 17. — PHILIPPINE STAR/WALTER BOLLOZOS THE DEPARTMENT of Agriculture (DA) approved a suggested retail…