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MANILA, Philippines — The local stock barometer extended its winning streak to the third consecutive session on Thursday after the US Federal Reserve cut rates for the first time this year, providing yet another positive signal for markets across the globe.
By the closing bell, the benchmark Philippine Stock Exchange Index (PSEi) added 22.96 points to end the day on a higher note.
https://business.inquirer.net/547802/psei-extends-winning-streak-2
Japanese organizers admit public awareness of the Asian Games in Aichi-Nagoya “needs to be higher” as they look to ramp up interest with Friday marking a year to go until the start of the sporting spectacular. The pandemic-delayed 2023 edition in Hangzhou, China, featured about 12,000 athletes–the biggest Asian Games in history boasting more competitors
MANILA, Philippines — The Ayala group’s Automobile Central Enterprise Inc. (ACEI) has come into an agreement with Volkswagen AG to end the distribution of the German brand’s vehicles in the Philippines. ACEI said in a notice to customers that, considering this, Volkswagen BGC will continue its operations until Sept. 30 only. A member of the Ayala
MANILA, Philippines — Food manufacturing giant Del Monte Pacific Ltd. (DMPL) is in talks with creditors to extend the maturity of debts falling due in fiscal year 2026, alongside plans to raise fresh equity as it grapples with a $600-million capital deficiency. Nonetheless, DMPL said it was confident in its ability to maintain uninterrupted business