HSBC shares drop 5.6% despite strong third-quarter profit, US$1b share buy-back

South China Morning Post - Oct 27, 2026

Shares of HSBC dropped more than 5 per cent on Tuesday even as Hong Kong’s biggest lender reported a 32 per cent rise in third quarter pre-tax profits and announced a new round of share buy-backs worth US$1 billion. The bank said its third quarter pre-tax profit increased to US$9.6 billion, in-line with US$9.7 billion estimated by analysts, compared with US$7.3 billion a year earlier. The buy-back amount for the third quarter was in line with analysts’ estimates. The bank will also pay a...

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Agri truckers have until Oct. 31 to enroll for 5% toll discount --SMC

Oct 27, 2026

Agri truckers have until Oct. 31 to enroll for 5% toll discount --SMC

San Miguel Corp. (SMC) Tollways has reminded truck operators transporting agricultural products that they have until October 31, 2026 to enroll for a 5% toll discount across its expressways which can be availed from November 1 to 30, 2026.

Privacy body asks BIR to explain online registration seal requirement

Oct 27, 2026

Privacy body asks BIR to explain online registration seal requirement

The National Privacy Commission (NPC) has asked the Bureau of Internal Revenue (BIR) to explain its requirement for online sellers, vloggers and other digital earners to display a BIR registration seal on their online platforms, citing privacy concerns raised by stakeholders.

San Miguel Infrastructure sees 10% traffic increase along expressways during Undas

Oct 27, 2026

San Miguel Infrastructure sees 10% traffic increase along expressways during Undas

San Miguel Infrastructure sees 10% traffic increase along expressways during Undas

MPTC gets TRB OK for new toll rates at CAVITEX R1 Extension

Oct 27, 2026

MPTC gets TRB OK for new toll rates at CAVITEX R1 Extension

Pangilinan-led Metro Pacific Tollways Corp. on Tuesday announced it has secured the approval of the Toll Regulatory Board (TRB) for the collection of the second-tranche toll rates at CAVITEX R1 Expressway Extension.

New diesel price hike set Oct. 27

Oct 27, 2026

New diesel price hike set Oct. 27

Diesel products have increased for the second straight week, while gasoline prices recorded another rollback as geopolitical conflicts continued to trigger oil price volatility. The Department of Energy (DOE) said gasoline prices would drop by 30 centavos per liter, while diesel and kerosene would be more expensive by P1.20 and 50 centavos per liter, respectively

Stronger public-private partnership urged to allow more Filipinos acquire homes

Oct 27, 2026

Stronger public-private partnership urged to allow more Filipinos acquire homes

A member of the House committee on banks and financial intermediaries has called for enhanced collaboration among government agencies, real estate developers, and housing finance institutions to narrow the gap between residential property prices and the purchasing capacity of Filipino families.

Peso breaches P64:$ level, new record low

Oct 27, 2026

Peso breaches P64:$ level, new record low

The Philippine peso dived to a new record low, breaching the P64:$ level during the intraday trading on Tuesday.

Taiwan sees growth potential in PH food sector

Oct 27, 2026

Taiwan sees growth potential in PH food sector

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BFAR invests P34.66M to boost Zamboanga seaweed output

Oct 27, 2026

BFAR invests P34.66M to boost Zamboanga seaweed output

MANILA, Philippines — The Bureau of Fisheries and Aquatic Resources (BFAR) distributed P34.66 million worth of farming equipment to boost seaweed production in the Zamboanga Peninsula and strengthen the Philippines’ standing in the global seaweed market. The agency turned over 29 deep-sea seaweed nursery systems, which use the raft method, to beneficiaries in Zamboanga del Sur,

Battered peso sinks to new low, nears 64:$1

Oct 27, 2026

Battered peso sinks to new low, nears 64:$1

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Households may choose power provider by 2031

Oct 27, 2026

Households may choose power provider by 2031

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