Risk-off sentiment pull down local markets

MANILA — Expectations of further increases in the US Federal Reserve’s key rates along with drop of prices of oil in the international market weighed down both...

ICTSI eyes P5-B upgrade of Iloilo ports

MANILA — The International Container Terminal Services Inc. (ICTSI) has proposed to invest more than PHP5 billion to develop the Iloilo Port Complex and the Port of...

P27-M tourism village to rise in Ilocos Norte town

LAOAG CITY — A PHP27-million tourism village will soon rise in Burgos, Ilocos Norte, which is expected to further boost tourism – not only in the said...

PH surpasses sales forecast in China expo

MANILA — The Department of Trade and Industry (DTI) announced on Monday that the total sales of Filipino participants in the China International Import Expo (CIIE) in...

Local markets down on Fed rate hike anticipation

MANILA — The Philippine Stock Exchange index (PSEi) fell to the 6,900-level Friday and the peso made a u-turn in apparent reaction to a statement from the...

PLDT eyes to allocate over P50B capex for 2019

MANILA — Telecommunications firm PLDT Inc. is eyeing to spend around PHP58-PHP60 billion in capital expenditures for next year, which will be mostly allocated for the rollout...

Stocks skid as tech companies fall; oil plunge continues

NEW YORK — U.S. stocks fell Friday as a combination of weak economic data from China and disappointing earnings hurt technology and internet companies. Crude oil...

Toronto stock market ends a volatile week down on lower oil prices

TORONTO — Canada’s main stock index ended a positive week by closing lower Friday as the energy sector sank on a further drop in the price of...

Keystone XL setback will cost Canadian industry ‘millions’, says association

PH to maintain GDP growth within 6% level

MANILA — The Philippine economy will continue to grow within the 6-percent level for the rest of the year and in 2019, according to London-based economic think-tank...