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Economy

PSE Index May 26, 2015
Close: 7728.5 Change: -148.64
Volume: 1.130 billion shares Value: P9.139 billion

Opinion

  • Facebook’s investment largesse looks manageable – for now.

    Boss Mark Zuckerberg has splashed out so much on new projects that his company’s fourth-quarter operating margin fell by a third. But the social network’s top line grew 49 percent, thanks to more users and mobile income. That’s a reasonable dynamic, assuming Zuckerberg is picking the right ventures.
  • ANALYSIS: Letting investment grade work for every Juan

    Do you have a bank account? If any of your family member gets sick, do you have health insurance as a fall back position? Have you ever taken out a housing, education or business loan? Do you own stocks? If your answer "Yes" to any of the above, you are probably among the lucky one-third of the Philippine population with some level of access to financial markets. 
  • Record traffic is boosting US fuel demand

    LONDON  - Traffic on U.S. highways has hit a new record as the economy recovers and the lower cost of gasoline and diesel encourages more travel.
  • Apple Watch seems to be banking an awful lot on its name

    The Apple Watch, of course, does more. The face is high resolution and in color. It even has apps that allow you to do a few of the things you’d be able to do if only you could muster the strength to dig your hand into the front pocket of your jeans, or do a little digging in your handbag. It comes in aluminum, steel and gold, ranging from $349 to $10,000. Seriously. There were gold digital watches, too.
  • US businesses brace for oil investment downturn

    LONDON – Oil and gas production is fundamental to the US economy. The sharp downturn in prices will have a negative impact on business investment in the short-term before the positive impact on consumer spending takes over further down the line.
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Money & Banking

  • How to make a million pesos by the time you're 30
  • Metrobank, BOY ink deal on serving Japanese firms in PHL
  • China's yuan currency ‘no longer undervalued’ —IMF
  • Seized ATMs part of new money laundering scheme, Customs agents say
  • Vatican bank profits rise as clean up continues