In this week's edition of StockCharts TV's Sector Spotlight, I take a look at developments on asset class level and more specifically, the USD and BTC. I then compare current cap-weighted sector rotation with its equal-weight equivalent to find some interesting differences. Finally, I re-introduce the
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<?xml encoding="utf-8" ??>Rishi Sunak’s Downing Street food summit has been slammed as just full of “empty gestures and no more that an a PR stunt” by food and farming industry representatives, who rounded on the prime minister for failing to discuss soaring inflation or set
APPROVED foreign investment pledges reached P172.7 billion in the first quarter, the statistics agency said. — PHILIPPINE STAR/EDD GUMBANBy Abigail Marie P. Yraola, ResearcherFOREIGN INVESTMENT pledges surged in the first quarter, amid the Marcos administration’s efforts to boost the country’s profile as an attractive investment
The Bangko Sentral ng Pilipinas main office in Manila.MACTAN, Cebu — The Bangko Sentral ng Pilipinas (BSP) might reduce banks’ reserve requirement ratio (RRR) as an alternative to loosening monetary policy, its governor said on Tuesday.As inflation settles within the 2-4% target by January next
REUTERSAS MANY AS 100,000 jobs in the Philippines might be at risk and could become obsolete amid “rapid global digitalization,” according to management consulting firm Kearney.“We have done a study on this and there’s a percentage of jobs that will probably become obsolete in the
GROSS CREDIT CARD billings surged by 47% to P410 billion in the first quarter, data from the Credit Card Association of the Philippines showed. — REUTERSBy Keisha B. Ta-asan, ReporterMACTAN, Cebu — A recent surge in credit card usage by Filipinos amid elevated inflation and
GT CAPITAL Holdings, Inc. booked a consolidated net income of P6.64 billion in the first quarter, up 52% from P4.4 billion a year ago, driven by contributions from its business units, it said on Tuesday.“Our first-quarter financial results show all our operating companies sustaining the
FILINVEST Development Corp. (FDC) on Tuesday reported a surge in attributable net income to P2.2 billion in the first quarter from P874.2 million due to the robust performances from all its businesses.“We are pleased with the solid recovery of FDC having seen an acceleration in
FILINVEST Development Corp. (FDC) on Tuesday reported a surge in attributable net income to P2.2 billion in the first quarter from P874.2 million due to the robust performances from all its businesses.“We are pleased with the solid recovery of FDC having seen an acceleration in
TWO LISTED companies led by Edgar J. Sia II reported double-digit income growth for the first quarter while his listed real estate investment trust (REIT) posted a profit decline.In a regulatory filing on Tuesday, DoubleDragon Corp. disclosed a 10.8% growth in consolidated net income for
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