PSEi rallies to 5,700 level on bargain hunting, hopes of easing inflation

GMA Network - Nov 10, 2026

Philippine stocks rallied on Tuesday, with the main stock index rebounding to 5,700 level, lifted by bargain hunting and optimism that inflation is easing amid improving fuel prices.

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Boon for motorists: P16.80/L price rollback for gasoline

Nov 10, 2026

Boon for motorists: P16.80/L price rollback for gasoline

The price of gasoline will drop by double digits for the first time since the start of the Middle East conflict in February, with local oil firms set to implement a rollback of P16.80 per liter effective today, Nov. 10. Energy Secretary Sharon Garin announced the price adjustments in a media briefing on Monday, saying

As 1 mainland Chinese chip IPO soars, another stumbles in busy Hong Kong week

Nov 10, 2026

As 1 mainland Chinese chip IPO soars, another stumbles in busy Hong Kong week

Two mainland Chinese chip suppliers made sharply divergent trading debuts in Hong Kong on Tuesday after raising a combined HK$2.2 billion (US$280 million), underscoring investors’ selective appetite for semiconductor stocks despite a pickup in new listings. Suzhou Denglin Technology, the week’s largest listing, fell by as much as 8.6 per cent in morning trade after raising HK$1.4 billion in its initial public offering (IPO). The graphics processing unit maker priced its shares at HK$231 – the...

Has the Philippines entered 'stagflation' phase? Balisacan says, 'I'd wait 'til end of the year'

Nov 10, 2026

Has the Philippines entered 'stagflation' phase? Balisacan says, 'I'd wait 'til end of the year'

The Philippines chief economist, Economic Planning Secretary Arsenio Balisacan, has cautioned against labeling that the economy has fallen already into stagflation.

Pax Silica legal framework still on track for end-2026 signing --DTI

Nov 10, 2026

Pax Silica legal framework still on track for end-2026 signing --DTI

The legal framework for the proposed Pax Silica initiative is still expected to be signed by the Philippine and American governments before 2026 ends, a top official of the Department of Trade and Industry (DTI) said Tuesday.

Chinese biotech giant WuXi AppTec’s shares jump after Pentagon blacklist reversal

Nov 10, 2026

Chinese biotech giant WuXi AppTec’s shares jump after Pentagon blacklist reversal

WuXi AppTec’s shares jumped on Tuesday after the Pentagon removed the company from a list of entities allegedly linked to the Chinese military, marking a win for the biotech service giant and raising hopes among other mainland firms challenging US blacklists. The US deputy secretary of defence decided to delist WuXi AppTec from its list of “Chinese military companies”, according to a notice published on the Federal Register on Tuesday. WuXi AppTec surged more than 6 per cent at the open in Hong...

UK talent connect with Hong Kong and mainland China employers at London career showcase

Nov 10, 2026

UK talent connect with Hong Kong and mainland China employers at London career showcase

Developing Hong Kong into an international hub for high-calibre talent is one of the priorities of Chief Executive John Lee Ka-chiu’s first five-year plan for the city, which he unveiled in September. The blueprint connects talent development with education, technology and industry and aligns the attraction of skilled professionals with the development needs of Hong Kong and mainland China. The city is well positioned to achieve this goal. Hong Kong was placed second among 70 global economies –...

Shifting Tides: Vietnam’s Meteoric Rise Tests Thailand’s Tourism Supremacy

Nov 10, 2026

Shifting Tides: Vietnam’s Meteoric Rise Tests Thailand’s Tourism Supremacy

Thailand’s lead over Vietnam in international tourist arrivals has narrowed sharply, from nearly 22 million visitors in 2019 to 5.9 million during the first ten months of 2026.

DA bans poultry imports from Minnesota, USA

Nov 10, 2026

DA bans poultry imports from Minnesota, USA

The Department of Agriculture (DA) has banned the importation of poultry products from Minnesota in the United States due to the threat of bird flu.

Taiwanese lender moves to West Kowloon as financial firms lead Hong Kong office leasing

Nov 10, 2026

Taiwanese lender moves to West Kowloon as financial firms lead Hong Kong office leasing

A Taiwanese bank’s deal to lease a large office space in West Kowloon adds to momentum in Hong Kong’s office sector, where financial institutions have become the most active source of leasing activity. E.Sun Commercial Bank plans to relocate its Hong Kong office to International Gateway Centre (IGC), taking about 55,000 square feet (5,110 square metres), according to two sources familiar with the matter. The bank agreed to lease a high floor at the grade-A office tower developed by Sun Hung Kai...

Over 300 flights to be affected by ASEAN Summit

Nov 10, 2026

Over 300 flights to be affected by ASEAN Summit

More than 300 flights will be affected by cancellations or rescheduling starting November 14 due to the Philippines' hosting of the 2026 ASEAN Summit, the Department of Transportation (DOTr) said on Tuesday.

PH economy continues to lose steam, further slowed in Q3 to 2.1%

Nov 10, 2026

PH economy continues to lose steam, further slowed in Q3 to 2.1%

MANILA, Philippines — Philippine economic growth decelerated for the fifth straight quarter to 2.1 percent at the end of September amid persistently weak household spending and investment. The latest print was slower than the revised 2.4 percent logged in the previous quarter and the 4-percent recorded in the same period last year, according to the Philippine

High prices chip away at trust in PH firms

Nov 10, 2026

High prices chip away at trust in PH firms

MANILA, Philippines — Soaring prices, unclear fees and hidden charges are among Filipinos’ main reasons for distrusting businesses, a new study showed, which also found that public confidence in the Philippine private sector remains intact but “on probation.” In the 2026 Philippine Trust Study, communications firm EON Group and Ateneo de Manila University found that 19.7

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