Peso falls to 11-yr low vs. USD; PSEi bounces back

MANILA – – The peso fell to its 11-year low against the US dollar on Thursday while the Philippine Stock Exchange index (PSEi) bounced back after ending its three-day rally…

Nickel Asia ships P12-B worth of nickel ore

MANILA — Nickel Asia Corp. (NAC) has estimated its value of shipments for January to September this year rose 16 percent to PHP11.65 billion from PHP10.01 billion in the same…

PHP, PSEi end week w/ flying colors

MANILA — Investors’ disappointment on recent slide of US’ initial jobless report fueled both the improvement of the Philippine peso and the main stocks gauge Friday. The local currency finished…

PSE okays Chelsea IPO application

MANILA — The Philippine Stock Exchange, Inc. (PSE) approved the initial public offering (IPO) listing application of shipping company Chelsea Logistics Holdings Corp. The company, which will use the ticker…

More Filipinos adopt online trading at stock mart

MANILA — Online accounts at the Philippine stock market grew 27.8 percent to 302,516 from 236,669 in 2015, according to the annual Philippine Stock Exchange (PSE) report. PSE reported also…