Peso ends week stronger, stocks dip

MANILA — The peso ended the week on a strong note while local stocks tumbled, as investors turned cautious ahead of earnings season of the United States...

Uber reveals strong growth, huge losses ahead of IPO

SAN FRANCISCO — Uber is providing a look under the hood of its business in the lead-up to its hotly anticipated debut on the stock market,...

Disney unveils new streaming service to debut late this year

SAN FRANCISCO — Disney raised the curtain on a hotly anticipated video steaming service that’s aiming to topple industry pioneer Netflix, once a valuable ally of...

Australian election May 18 to be fought on refugees, economy

CANBERRA, Australia — Australia’s prime minister on Thursday called a May 18 election that will be fought on issues including climate change, asylum seekers and economic...

Scotiabank is ‘downturn ready’ with large ‘buffer’ in mortgage portfolio: CEO

TORONTO — The Bank of Nova Scotia’s chief executive officer Brian Porter pushed back at renewed bets against Canada’s banking sector and the risk posed by...

DMCI Homes bullish on residential market with MM Subway construction

MANILA — Premier Quadruple A developer DMCI Homes has expressed optimism on the future of the residential market in Metro Manila amid the bright prospects presented by...

DOE, industry players to deploy measures for power sufficiency

MANILA — The Department of Energy (DOE) on Monday assured the public that measures are being jointly undertaken with power industry players to ensure sufficient electricity supply...

PH T-bill rates end mixed in Monday auction

Higher consumer spending in W. Visayas seen as inflation eases

BACOLOD CITY — A leader of the business sector here is optimistic of higher consumer spending as the inflation rate in Western Visayas slowed down for two...

BSP conducts successful operation vs. currency mutilation

MANILA — Operatives of the Currency Management Sector of the Bangko Sentral ng Pilipinas (CMS-BSP) recently conducted a successful operation against currency mutilation in Real, Quezon which...