The Philippine peso continued its downtrend against the US dollar on Friday, closing the week on a soft note.
Nov 13, 2026
Security Bank Corporation saw a 1% year-on-year growth in its net income amounting to P9.2 billion in the first nine months of 2026.
China’s Semiconductor Manufacturing International Corporation (SMIC) is betting that a relentless data centre buildout will keep artificial intelligence computing power in short supply for the next two years. The bullish forecast comes as scrutiny over former Nvidia CEO Jensen Huang threatens to intensify Washington’s curbs on Chinese access to advanced American processors – a shift that could accelerate China’s reliance on domestic foundries. “By the middle to the second half of 2028 …...
MANILA, Philippines — A sweeping leadership shake-up reconfigured President Marcos’ economic team on Thursday, bringing changes to the country’s two largest revenue-collecting agencies and two major investment promotion bodies. While stopping short of formally confirming the appointments, the country’s trade and finance chiefs welcomed Bases Conversion and Development Authority (BCDA) president and CEO Joshua Bingcang
Investor sentiment has weakened again, with a gauge of mainland Chinese stock market sentiment tracked by Morgan Stanley falling back into bearish territory, prompting the investment bank to maintain a cautious outlook on the broader market. The weighted Morgan Stanley A-Share Sentiment Indicator fell 16 percentage points to 15 per cent as of November 11 from November 5, slipping below its 22 per cent threshold for overly bearish sentiment, according to a report published by the bank on...
The Bank of Thailand will issue two commemorative 100-baht banknote designs honoring Queen Sirikit the Queen Mother and Princess Bajrakitiyabha.
The Philippines top three investment promotion agencies have approved P1.4 trillion worth of investment commitments in the first nine months of 2026.
Bureau of Internal Revenue (BIR) Commissioner Charlito Mendoza is moving to the Bureau of Customs (BOC) as part of President Ferdinand "Bongbong" Marcos Jr.'s recent Executive branch leadership shake-up.
Hong Kong’s economy is showing resilience, with real gross domestic product (GDP) growing 5.1 per cent year on year in the first half of 2026. For businesses, that momentum brings opportunities alongside the need to navigate a landscape of uneven growth. “We see the growth concentrated in a few sectors, which is AI-led,” says Regina Lee, head of commercial banking at Hang Seng Bank. According to the Hong Kong government’s half-yearly economic report released in August, the value of overall...
President Ferdinand "Bongbong" Jr. shook up key positions in the country's top collection agencies, namely the Bureau of Internal Revenue (BIR) and the Bureau of Customs (BOC).
Customers of the Manila Electric Company (Meralco) should brace for higher electricity bills this month as the power distributor hiked its household rate due to higher generation costs.
A multihour outage of Microsoft’s office software Outlook, beginning on Friday morning, severely disrupted work in Hong Kong’s financial sector, according to staff members at several of the city’s investment banks. Some bankers from Goldman Sachs and Nomura said their work had been interrupted, the South China Morning Post learned. Many in Central, Hong Kong’s main financial district, had to work offline after the email service went down. “We haven’t been able to send or receive emails since the...
Hong Kong’s exchange-traded fund (ETF) market is looking to attract a broader pool of investors, from local retail investors to mainland Chinese institutions, as rising demand for diversified investment products and expanded cross-border access drive growth. The city’s connectivity with the mainland and other regional markets was one of its key advantages in attracting investors, while ETFs were increasingly becoming an integral part of institutional portfolio construction rather than merely a...