PSEi rebounds to 5,663 on bargain hunting

Inquirer.net - Oct 15, 2026

MANILA, Philippines — Local stocks recovered on Thursday as investors snapped up bargains after two straight sessions of losses, with foreign buying helping lift the market. The benchmark Philippine Stock Exchange Index (PSEi) gained 0.82 percent, or 45.94 points, to close at 5,663.17. READ: PSEi falls to 5,617 as ICTSI tumbles Philstocks Financial Inc. said investors

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Pag-IBIG: 50,000 homes up for grabs at 2-day housing expo

Oct 15, 2026

Pag-IBIG: 50,000 homes up for grabs at 2-day housing expo

About 50,000 housing units will be offered to Filipino workers and their families at the Department of Human Settlements and Urban Development (DHSUD) and Pag-IBIG Fund"s 2nd National Housing Expo at the SMX Convention Center in Pasay City on October 19 and 20.

Visayas grid faces new yellow alert on Oct. 15

Oct 15, 2026

Visayas grid faces new yellow alert on Oct. 15

MANILA, Philippines — After more than two weeks, the Visayas grid experienced a yellow alert on Thursday due to the unavailability of two large coal plants and limited power imports from Mindanao. Tight power supply continues, with 645.6 megawatts (MW) unavailable to the grid.  READ: Red alert up for 5 hours over Visayas grid In an

QR Ph, InstaPay payments nearly triple on Xendit platform

Oct 15, 2026

QR Ph, InstaPay payments nearly triple on Xendit platform

Payments through QR Ph and InstaPay nearly tripled on payments infrastructure company Xendit from January 2025 to April this year, a study released by the global payments infrastructure company on Thursday showed.

AI will complement, not replace human workforce, says DEPDev

Oct 15, 2026

AI will complement, not replace human workforce, says DEPDev

AI will only help the human workforce do their jobs easier and not replace them, a DEPDev official said on Thursday amid uncertainties on the use of such technology and fears of job losses.

Hong Kong ranks third globally as philanthropy hub, behind New York and Seoul, study finds

Oct 15, 2026

Hong Kong ranks third globally as philanthropy hub, behind New York and Seoul, study finds

Hong Kong has emerged as the third best city in the world for wealthy individuals seeking to make philanthropic contributions over the medium term, trailing New York and Seoul, according to a study by Altrata. The inaugural Giving Opportunity Index by the US-based group that tracks the world’s affluent population ranked 100 cities based on three criteria: wealth, donor affinity and philanthropic infrastructure. The study defined the “global wealthy” as individuals with a net worth of more than...

Philippine peso breaches P63:$1, hits 27th record low for year

Oct 15, 2026

Philippine peso breaches P63:$1, hits 27th record low for year

The Philippine peso weakened against the dollar for the third trading day on Thursday, breaching the P63:$1 level to hit a fresh record low, amid what an economist described as a “series of unfortunate events.”

HSBC to double Hong Kong AI team to 300, outpacing Singapore plan

Oct 15, 2026

HSBC to double Hong Kong AI team to 300, outpacing Singapore plan

HSBC, Hong Kong’s biggest lender, said on Thursday it would double its artificial intelligence specialist team in the city to 300, a figure much larger than the workforce planned for its recently announced AI centre in Singapore. The announcement comes after Hong Kong’s regulators were reported to have raised concerns about the Singapore hub. The bank would double its AI specialist headcount in Hong Kong from 150 to 300 over the next two to three years, said David Liao Yi-chien, HSBC co-CEO for...

Globe ramps up mobile and network connectivity, leads SMS test

Oct 15, 2026

Globe ramps up mobile and network connectivity, leads SMS test

Telecommunications company Globe Telecom said it is expanding its network infrastructure and exploring satellite direct-to-cell technology to improve mobile connectivity.

Hong Kong firm, Qatar bank to launch Chinese equity fund to lure Middle East capital

Oct 15, 2026

Hong Kong firm, Qatar bank to launch Chinese equity fund to lure Middle East capital

China Asset Management (Hong Kong) and Qatar’s Lesha Bank agreed on Wednesday to launch Qatar’s first sharia-compliant China equity fund, highlighting growing efforts by Chinese financial institutions to lure Middle East capital as institutional investors and wealthy families seek safe havens amid geopolitical turmoil. Among the key selling points of the mainland China and Hong Kong stock markets for Middle East investors are the mainland’s rising artificial intelligence capabilities and biotech...

Inflation tops Filipinos' concerns --Pulse Asia survey

Oct 15, 2026

Inflation tops Filipinos' concerns --Pulse Asia survey

Inflation tops Filipinos" concerns --Pulse Asia survey

China’s CXMT gets pledge of support as provincial party chief vows chip-industry expansion

Oct 15, 2026

China’s CXMT gets pledge of support as provincial party chief vows chip-industry expansion

Three weeks into his tenure as the Communist Party secretary of Anhui province, Li Lecheng carried out an on-site inspection at China’s home-grown memory chip giant ChangXin Memory Technologies (CXMT) on Wednesday, pledging to grow integrated circuits (ICs) as an emerging pillar industry. During the visit to the company’s headquarters in the central province’s capital of Hefei, Li urged CXMT to further refine its product portfolio and actively expand into domestic and overseas markets. He...

UPS opens $80-M Clark hub

Oct 15, 2026

UPS opens $80-M Clark hub

Global logistics firm UPS on Thursday opened its $80-million new hub at Clark International Airport.

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