The stock market has had quite a week. First, there was JP Morgan Chase (JPM)'s takeover of First Republic Bank (FRC). Then came the warning from Janet Yellen that the US may hit its debt ceiling as early as June 1. That's a lot to
The stock market has had quite a week. First, there was JP Morgan Chase (JPM)'s takeover of First Republic Bank (FRC). Then came the warning from Janet Yellen that the US may hit its debt ceiling as early as June 1. That's a lot to
The New York Stock Exchange has suspended trading in all shares of First Republic Bank (NYSE: FRC) a day after JPMorgan Chase & Co (NYSE: JPM) became its new owner. Pro reacts to JPMorgan-First Republic deal On Tuesday, the exchange said it will delist shares of the
This a packed episode of StockCharts TV's Sector Spotlight; as you'll notice from the different setup, Julius recorded IN the studio at the StockCharts.com headquarters! With the show on hiatus last and this week being the first Tuesday of the month, Julius covers both the seasonal
Shares of HSBC Holdings plc (LON: HSBA) ended about 5.0% up on Tuesday after revealing that its profit more than tripled in its first quarter. HSBC shares up on solid Q1 results The financial services behemoth said its profit climbed to a whopping $10.33 billion in the
Manufacturing activity slowed in April. — PHILIPPINE STAR/KRIZ JOHN ROSALESBy Luisa Maria Jacinta C. Jocson, Reporter PHILIPPINE MANUFACTURING activity eased to an eight-month low in April as new orders and output both rose at a slower pace, S&P Global said.The S&P Global Philippines Manufacturing Purchasing
PHILIPPINE STAR/ MIGUEL DE GUZMANTHE NATIONAL Government (NG) fell short of its budget deficit ceiling in the first quarter, after missing its spending target.Preliminary data from the Bureau of the Treasury showed the fiscal gap narrowed by 14.51% to P270.9 billion in the January-to-March period
US PRESIDENT Joseph R. Biden, Jr. (right) shakes hands with Philippine President Ferdinand R. Marcos, Jr. during a meeting at the White House in Washington, D.C., May 1, 2023. — PHILIPPINE STAR/KRIZ JOHN ROSALES/PPA POOLUS PRESIDENT Joseph R. Biden, Jr. vowed to send a “first
The International Monetary Fund (IMF) raised Asia’s economic forecast to 4.6% this year. — IMF PHOTO/JOSHUA ROBERTSTHE INTERNATIONAL Monetary Fund (IMF) raised Asia’s economic forecast on Tuesday as China’s recovery underpinned growth but warned of risks from persistent inflation and global market volatility driven by
ACENACEN Corp. has secured 20-year service contracts for its solar projects in Australia at a price that protects it from low wholesale electricity prices, the Ayala-led energy company said on Tuesday.In a stock exchange disclosure, ACEN said its unit in Australia bagged the long-term energy
SEMIRARA Mining and Power Corp. (SMPC) is planning to diversify its portfolio and considering a shift to liquefied natural gas (LNG), the company’s top official said.“We expect to expand our power projects and maybe even shift to LNG if and when [the] situation arises that