It is no secret that the impact of The Academy Awards in pop culture has been dwindling for over 20 years now. According to the Nielsen TV ratings, the Oscars reached its highest point in 1998—the year James Cameron’s “Titanic” won big bringing home 11 wins including Best Picture—until hitting record lows in 2021: 10.5 […]
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PH shares fall in New Year’s Eve trading
PHILIPPINE shares ended 2021 in the red, with the benchmark index losing 211.93 points or down 2.89 percent to 7,122.3.Meanwhile, the broader all shares index went down 65.26 point…
Ayala Corp. nets P9 billion in Q3
Ayala Corp. booked a third-quarter net income of P9 billion, which got a boost from the divestment of thermal assets and Ayala Healthcare Holdings, Inc.’s (AC Health) acquisition of a hospital operator. In a statement, the listed conglomerate said core net income went up 27% year-on-year to P6 billion, fueled by higher contributions from its […]
Local shares decline further ahead of key data
PHILIPPINE shares declined along with most markets in the region on Thursday as investors await more corporate earnings reports and key data releases, and with coronavirus disease 2019 (COVID-19) cases in neighboring countries starting to rise again. The Philippine Stock Exchange index (PSEi) dropped by 72.42 points or 1% to close at 7,157.73 on Thursday, […]
Stocks drop on lack of leads, fears of Fed tapering
THE MAIN INDEX declined on Monday due to a lack of catalysts and amid inflation concerns in the United States, which raised fears of a sooner-than-expected tapering by the US Federal Reserve. The Philippine Stock Exchange index (PSEi) declined by 34.36 points or 0.55% to close at 6,164.89 on Monday, while the all shares index […]
Shineway (2877.HK) Q1 revenue increased by 37.0%
HONG KONG, May 13, 2021 – (ACN Newswire via SEAPRWire.com) – China Shineway Pharmaceutical Group Limited (2877.HK) recently released its unaudited turnover for the three months ended 31 March 2021 (Q1 2021) based on its management accounts. Revenue for Q1 2021 went up 37.0% YoY, which implies a growth of 20.4% over the pre-COVID 19 […]
Shares decline on latest jobs data, pandemic concerns
Philippine shares closed the week in the red after data showed that the country’s unemployment rate went down in March and as the country’s pandemic situation continue to cloud investor sentiment. The Philippine Stock Exchange index (PSEi) went down by 24.07 points or 0.38% to close at 6,258.71 on Friday, while the all shares index […]
Stock prices fall on infection spike, lack of leads
PHILIPPINE shares went down on Monday as investors remained on the sidelines on the lack of positive catalysts amid the continued surge in coronavirus disease 2019 (COVID-19) cases in the country. The Philippine Stock Exchange index (PSEi) declined by 35.05 points or 0.54% to close at 6,459.76 on Monday, while the all shares index went […]
NEA Q1 loans to power cooperatives hit P102M
THE NATIONAL Electrification Administration (NEA) said it disbursed P102.4 million worth of loans to five electric cooperatives (ECs) in the first quarter, mostly for the capital expenditure (capex) and working capital needs of two utilities. In a statement Monday, the NEA said P59.5 million went to Davao del Norte Electric Cooperative, Inc. and the Camarines […]