Global News

We publish news about the international events that could affect the performance of companies listed on the Philippine Stock Exchange (PSE).

Learn Goldman Sachs’ Way of Cutting Off Jobs

Goldman Sachs Group Inc. has been questioned for laying off people from plants in a procedure of small stages in weeks. In February, 43 jobs were cut off in Goldman Sachs plant....

Over 20,000 Shipbuilding Layoffs This Year May Just Be a Start

World's top three shipbuilding companies in South Korean called for over 20,000 layoffs this year, and this may just be the beginning. Korea Labor Institute anticipated that by the end of 2016,...

New Zealand Dumbfounds Singapore as Best Business Country

World Bank declares New Zealand as the best country to do business, dethroning Singapore from the position. Doing Business' report showed Singapore now sits on the second spot after topping the rank...
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DNL Industries Sees Ban on Single-Use Plastics as an Opportunity

DNL Industries' new product is the solution to the looming ban on single-use plastic. Will DNL's stock price go higher because of this?

Philippine Stock Exchange Index: Will End 2019 Between 7400 and 7500?

The Philippine Stock Exchange Index (PSEi) is still experiencing an outflow of foreign funds. Are we going to see the main index above 7,900 or between 7,400 and 7,500 before the end of 2019?

Victorias Milling Co. Saw 7% Net Income Increase Even as Productivity Drops

Listed sugar miller Victorias Milling Co. Inc. saw its net income increase, but revenues and productivity declined. Is this bullish for VMC?

Sangley Airport Development Bid for by MacroAsia Corp-China Communications Construction Co. Tandem

Macroasia Corp and China Communications Construction Co. partnered up to bid for the transformation of Sangley airport. How will this affect the price of MAC in the stock market?

Bank of the Philippine Islands Under Probe for $19.5M Laundering Scandal

The Bangko Sentral ng Pilipinas is currently investigating 10 banks for their alleged involvement in a massive money laundering scandal with Australian Bank Westpac. The Bank of the Philippine Islands is specifically named. Will this negatively affect the stock price of BPI? Who are the other banks?