Philippine shares close lower at 6,477:
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| Last Updated | May 31 23 |
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Philippine shares close lower at 6,477: Philippine shares ended the month of May lower by over 2 percent.
news.abs-cbn.com/video/business/05/31/23/philippine-shares-close-lower-at-6477
Quiboloy on the run, but cash keeps coming as gifts for his 74th birthday: Doomsday preacher Apollo Quiboloy marks his birthday on April 25 for the first time as ...
rappler.com/nation/mindanao/apollo-quiboloy-birthday-cash-keeps-coming-gifts-april-25-2024/
In the Philippines, it’s ‘so hot you can’t breathe’ as heat index touches 47 degrees Celsius
scmp.com/news/asia/southeast-asia/article/3260173/philippines-its-so-hot-you-cant-breathe-heat-index-touches-47-degrees-celsius
India's IndiGo places first-ever widebody order for 30 Airbus A350 jets: IndiGo, India's top airline by market share, placed an order with Airbus for 30 A350-900 ...
reuters.com/business/aerospace-defense/indias-indigo-places-order-30-airbus-widebody-aircraft-2024-04-25/
Arroceros Forest Park attracts those who want to escape the heat: In the middle of the extreme heat of the weather, there are some places in the city where the ...
news.abs-cbn.com/news/2024/4/25/arroceros-forest-park-dinadayo-ng-mga-gustong-takasan-ang-init-1820
‘Pay day every day’ may become Shangri-La Group, BPOs’ secret to happy employees: The Shangri-La Group is the first hotel chain in the Philippines to offer the ...
rappler.com/newsbreak/inside-track/pay-day-every-day-shangri-la-group-bpo-secret-happy-employees/
Angeline Quinto, non-showbiz boyfriend Nonrev Daquina are now married: OPM singer Angeline Quinto got married to her non-showbiz boyfriend Nonrev Daquina on ...
news.abs-cbn.com/entertainment/2024/4/25/angeline-quinto-non-showbiz-boyfriend-nonrev-daquina-are-now-married-1515
More than 2 million tourist arrivals in PH in 2024; receipts hit almost P158 billion
news.abs-cbn.com/business/2024/4/25/more-than-2-million-tourist-arrivals-in-ph-in-2024-receipts-hit-almost-p158-billion-1152
'EXpecially for You' searchee Oliver Moeller signs with Cornerstone Entertainment
news.abs-cbn.com/entertainment/2024/4/24/-expecially-for-you-searchee-oliver-moeller-signs-with-cornerstone-entertainment-2216
China's largest auto show showcases all-electric future, local brands dominate: China's largest auto show opened in Beijing on Thursday with the biggest names ...
reuters.com/business/autos-transportation/chinas-largest-auto-show-showcases-all-electric-future-local-brands-dominate-2024-04-25/
At peace: Roma Doromal leaves Ateneo with no regrets after final UAAP game: Graduating Ateneo women's volleyball captain Roma Mae Doromal exits the Blue ...
rappler.com/sports/uaap/women-volleyball-game-results-roma-mae-doromal-ateneo-blue-eagles-adamson-lady-falcons-april-24-2024/
PH Navy's largest ship, 3 other foreign vessels begin drills off Palawan: The Philippine Navy's largest ship and other vessels from the US and France on Thursday ...
news.abs-cbn.com/news/2024/4/25/ph-navy-s-largest-ship-3-other-foreign-vessels-begin-drills-off-palawan-1847
#WalangPasok: Class suspensions, Friday, April 26, 2024: Here is a list of areas where on-site classes are suspended for Friday, April 26, 2024 ...
rappler.com/philippines/class-suspensions-walang-pasok-april-26-2024/
China's EV survival game creates peril - and power: By most measures, the last thing China needs is more electric cars crowding a market with more losers than ...
reut.rs/49Q1bZK
'Kim Chiu has a guest again?': Paulo Avelino visits 'It's Showtime' again: Actress Kim Chiu seems to have a guest again on the "It's Showtime" stage this ...
news.abs-cbn.com/entertainment/2024/4/24/-may-bisita-uli-si-kim-chiu-paulo-avelino-dumalaw-uli-sa-it-s-showtime-1232
NewJeans' activities to proceed despite label conflict: South Korean entertainment giant HYBE said Thursday the upcoming music releases and activities of ...
news.abs-cbn.com/entertainment/2024/4/25/newjeans-activities-to-proceed-despite-label-conflict-1846
Hans Cacdac is new DMW secretary: His ad interim appointment, which needs to be confirmed by the Commission on Appointments, comes a year after he was designated ...
rappler.com/philippines/hans-cacdac-department-migrant-workers-secretary/
Hontiveros, Gatchalian urge DILG to suspend Bamban mayor: The two senators inspect the premises of Zun Yuan Technology, a POGO in Tarlac raided last month by a ...
rappler.com/nation/luzon/hontiveros-gatchalian-urge-dilg-suspend-bamban-tarlac-mayor-guo/
Microsoft's AI lead puts Amazon cloud dominance on watch: Upcoming quarterly reports from U.S. tech giants may show Microsoft is closing the gap on ...
reuters.com/technology/microsofts-ai-lead-puts-amazon-cloud-dominance-watch-2024-04-24/
Quick Glance: Microsoft's Leadership in AI Threatens Amazon Cloud Dominance
- Microsoft is poised to potentially surpass Amazon in the cloud computing market with innovative AI features.
- Upcoming quarterly reports from Microsoft will illuminate the impacts of AI investments.
- Microsoft's Azure cloud service could experience significant growth fueled by generative AI.
- Google and Amazon are also focusing on integrating AI into their cloud services.
Without fanfare, the Philippines is getting richer: And its economy is unusually well-defended against American politics
economist.com/asia/2024/04/23/without-fanfare-the-philippines-is-getting-richer
More heavy rain expected in flooded southern China: China's national weather forecaster on Thursday issued its second-highest warning advisory for the southern ...
news.abs-cbn.com/world/2024/4/25/more-heavy-rain-expected-in-flooded-southern-china-1245
NRL rocked by footy great’s death at 52: The rugby league community is in mourning following the death of former NSW and Kangaroos star Terry Hill at the age of ...
news.com.au/sport/nrl/nrl-rocked-by-death-of-former-nsw-and-kangaroos-centre-terry-hill-at-52/news-story/fd266520ea7562895f516ee2069af78c
K-pop group SEVENTEEN to drop 4 music videos for greatest hits album: SEVENTEEN is gifting fans with music videos for the four new songs off its upcoming ...
news.abs-cbn.com/entertainment/2024/4/24/seventeen-to-drop-4-mvs-for-greatest-hits-album-1134
Manila Bay, 2 others suitable for offshore wind development: market research firm
news.abs-cbn.com/business/2024/4/25/manila-bay-2-others-suitable-for-offshore-wind-development-market-research-firm-1447
IN PHOTOS: Miss Philippines Earth 2024 candidates: The pageant sees 29 candidates competing to succeed Yllana Marie Aduana
rappler.com/entertainment/pageants/photos-miss-philippines-earth-2024-candidates/
SLEX expansion 70 percent complete: SMC: The SLEX expansion project is about 70 percent complete, San Miguel Corporation (SMC) said Thursday.
news.abs-cbn.com/business/2024/4/25/slex-expansipon-70-percent-complete-smc-1712
Only 1,500 cyclists on EDSA daily, says MMDA. Another bike count says it’s more like 7,000.
rappler.com/nation/metro-manila/mmda-report-cyclists-edsa/
Employers on 4-day work week: Allow firms to have own measures: Instead of mandating a 4-day work week, companies should be allowed to come up with their own ...
news.abs-cbn.com/business/2024/4/25/employers-on-4-day-work-week-allow-firms-to-have-own-measures-1729
Less water at Wawa Dam: The Wawa Dam is observed releasing a reduced amount of water compared to previous months in this photo taken on April 23, 2024.
news.abs-cbn.com/news/2024/4/24/less-water-at-wawa-dam-1052
On-fire NU not taking twice-to-beat bonus for granted after UAAP 2nd-round sweep: Former UAAP women's volleyball champion NU seizes the first twice-to-beat ...
rappler.com/sports/uaap/women-volleyball-game-results-nu-lady-bulldogs-feu-lady-tamaraws-april-24-2024/
FACT CHECK: UK not donating HMS Prince of Wales to PH: Fact-checking bodies have already disputed several claims of the British Royal Navy donating its warships ...
rappler.com/newsbreak/fact-check/united-kingdom-not-donating-hms-prince-of-wales-philippines-april-25-2024/
JoshLia reunites in the movie 'Unhappy For You': It's official: ex-couple Joshua Garcia and Julia Barretto are back together for the new movie 'Unhappy for You.'
news.abs-cbn.com/entertainment/2024/4/24/joshlia-balik-tambalan-sa-pelikulang-unhappy-for-you-1959
No requests to extradite Pastor Apollo Quiboloy yet: PH envoy: US authorities have yet to issue a request for the extradition of Pastor Apollo Quiboloy as of the ...
news.abs-cbn.com/news/2024/4/25/no-requests-to-extradite-pastor-apollo-quiboloy-yet-ph-envoy-1129
Juan Karlos asks support for rumored girlfriend Dia Mate in Miss Universe PH: OPM artist Juan Karlos Labajo on Monday expressed his support for his rumored ...
news.abs-cbn.com/lifestyle/2024/4/24/juan-karlos-asks-support-for-rumored-girlfriend-dia-mate-in-miss-universe-ph-859
LOOK: 'Do Re Mi' stars Donna Cruz, Mikee Cojuangco reunite with Regine Velasquez: The iconic '90s trio of Donna Cruz, Regine Velasquez, and Mikee Cojuangco ...
news.abs-cbn.com/entertainment/2024/4/24/look-do-re-mi-stars-donna-cruz-mikee-cojuangco-reunite-with-regine-velasquez-1907
Shopping for ‘the classics’: Why the pre-owned luxury watch market is thriving: What’s old is new again, and the longstanding phrase couldn’t be more apropos ...
cnn.com/2024/04/24/style/luxury-pre-owned-watches/
Kim Chiu believes that LDR is not a reason to end a relationship: Much of the advice given by actress and Kapamilya host Kim Chiu in the "EXpecially For You" ...
news.abs-cbn.com/entertainment/2024/4/24/kim-chiu-naniniwalang-di-rason-ang-ldr-para-tapusin-ang-relasyon-1853
Q1 US GDP shows surprise slowing and uncomfortable inflation: U.S. economic growth slowed more than expected in the first quarter, but a surprisingly hot ...
reuters.com/markets/us/view-q1-us-gdp-shows-surprise-slowing-uncomfortable-inflation-2024-04-25/
Quick Glance: Disappointing Q1 Economic Growth and Implications
- The U.S. GDP grew at a rate of 1.6% in the first quarter, falling below expectations due to slower inventory replenishment and weak export growth.
- Despite the disappointing growth last quarter, this could potentially alter the views of Fed officials who were not keen on cutting rates following an upsurge in consumer prices.
- Some analysts believe that the weaker-than-expected report indicates the beginning of a broader economic slowdown.
- The report also highlights the performance of other sectors of the economy, such as the surge in housing construction, business investment growth, slower government spending, and the impact of trade on economic growth.
46 percent of Filipino families feel poor: SWS: Almost half of Filipino families feel poor, according to a survey by the according to a Social Weather Stations ...
news.abs-cbn.com/news/2024/4/25/46-percent-of-filipino-families-feel-poor-sws-1325
'I'm going to go to this place': Barbie Forteza is happy that 'It's Showtime' is on GMA
news.abs-cbn.com/entertainment/2024/4/24/-mapapadalas-na-ako-rito-barbie-forteza-masayang-nasa-gma-na-ang-it-s-showtime-1225
Advocates urge NHCP to save Homonhon Island from mining: 'We urge the National Historical Commission of the Philippines to take a firm stand against the ...
rappler.com/nation/visayas/advocates-urge-national-historical-commission-philippines-save-homonhon-island-mining/
LOOK: C5 Extension-Quirino flyover in Las Piñas now open: The 390-meter, two-lane bridge is expected to help ease traffic going to Zapote, Sucat, Paranaque ...
news.abs-cbn.com/business/2024/4/24/look-c5-extension-quirino-flyover-in-las-pi-as-now-open-1708
Microsoft Smashes Earnings Expectations—Stock Up 5%: The world’s largest company continues to impress Wall Street.
forbes.com/sites/dereksaul/2024/04/25/microsoft-smashes-earnings-expectations-stock-up-5/
Comcast tops revenue estimates on streaming growth, strong park attendance: Comcast beat quarterly revenue estimates on Thursday driven by higher-than-expected ...
reuters.com/business/media-telecom/comcast-tops-revenue-estimates-streaming-growth-strong-park-attendance-2024-04-25/
PNP to take cue from PH government on ICC investigations: The Philippine National Police said on Wednesday it would only take orders from the Philippine ...
news.abs-cbn.com/news/2024/4/24/pnp-to-take-cue-from-ph-government-on-icc-investigations-1727
Toyota pilots EV pickup trucks in key Thai market: Toyota launched a public transport pilot on Thursday with nine fully electric Hilux Revo pickup trucks in ...
reuters.com/business/autos-transportation/toyota-pilots-ev-pickup-trucks-key-thai-market-2024-04-25/
BHP’s Bold $39 Billion Bid to Transform the Mining Landscape: BHP, the world's largest mining firm, has launched a $39 billion acquisition bid for its ...
riotimesonline.com/bhps-bold-39-billion-bid-to-transform-the-mining-landscape/
ABS-CBN to hold Grand Kapamilya Summer Fair in Quezon City: ABS-CBN is set to hold the Grand Kapamilya Summer Fair at the Liwasang Aurora of Quezon Memorial ...
news.abs-cbn.com/news/2024/4/24/abs-cbn-to-hold-grand-kapamilya-summer-fair-in-qc-1612
These law schools dominated the federal clerk hiring market in 2023: The University of Chicago Law School is back at No. 1 on the list of law schools that sent ...
reuters.com/legal/government/these-law-schools-dominated-federal-clerk-hiring-market-2023-2024-04-25/
New ASML boss Fouquet must navigate US/China chip war: ASML's new boss Christophe Fouquet faces a tricky balancing act in helping to steer Europe's biggest tech ...
reuters.com/technology/new-asml-boss-fouquet-must-navigate-uschina-chip-war-2024-04-25/
AstraZeneca leaps after smashing first-quarter forecasts: AstraZeneca sailed past market expectations for quarterly revenue and profit on Thursday ...
reuters.com/business/healthcare-pharmaceuticals/astrazeneca-beats-first-quarter-revenue-profit-estimates-2024-04-25/
Results, team standings: UAAP Season 86 volleyball: Check out the second-round results of the UAAP men’s and women’s volleyball tournament
rappler.com/sports/uaap/volleyball-game-results-team-standings-men-women-season-86-2024/
Meta tempers expectations for second-quarter revenue: Meta Platforms on Wednesday forecast that second-quarter revenue could come in below market expectations ...
reut.rs/4aQYGaQ
Quick Glance: Meta Quarterly Results: Revenue Expectations Lowered, Stock Fell
- Meta's quarterly results exceeded expectations, but the revenue forecast for the next quarter was lowered.
- Despite successful ad business and increasing user numbers, Meta's stock experienced a drop of over 10 percent.
- Analysts caution about Meta's reduced revenue expectations for the second quarter, leading to investor skepticism.
- Zuckerberg plans to significantly increase investments in AI models in the coming years to enhance Meta's leading position in the artificial intelligence domain.
Groups tell DENR chief: ‘Shape up or step down’: 'It’s time for Secretary Yulo-Loyzaga to either shape up her act radically or step down for someone ...
rappler.com/philippines/groups-message-denr-chief-loyzaga-shape-up-step-down/
The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, pointing to still tight labor market conditions. Show more
The US Treasury Secretary Janet Yellen said the outright seizure of Russian assets is justifiable but is only one possibility ...
reut.rs/4aNryAX
Cathrin Bökenfeld brings a breath of fresh air to the weekly market at the castle park
gn-online.de/bentheim/cathrin-boekenfeld-bringt-frischen-wind-in-wochenmarkt-am-schlosspark-535806.html
Nissan, Mazda roll out new models for China as they aim for comeback: Nissan Motor and Mazda Motor unveiled new cars tailored for Chinese drivers on Thursday ...
reuters.com/business/autos-transportation/nissan-unveils-four-concept-cars-fuel-china-comeback-2024-04-25/
China's largest auto show showcases all-electric future, local brands dominate: China's largest auto show opened in Beijing on Thursday with the biggest names ...
reut.rs/3JTSeEt
Power cable burst in QC; 150 houses lost electricity: 150 houses lost power after a power cable snapped on a pole along Old Samson Road in Barangay Apolonio ...
news.abs-cbn.com/news/2024/4/24/kable-ng-kuryente-pumutok-sa-qc-150-bahay-nawalan-ng-kuryente-854
South Korea Q1 GDP growth smashes estimates, but outlook's uncertain: The South Korean economy grew at the fastest pace in more than two years in the first ...
reuters.com/markets/asia/south-korea-q1-gdp-13-qq-beating-forecast-2024-04-24/
Quick Glance: South Korea Q1 GDP Growth Exceeds Estimates
- The South Korean economy grew faster than expected in the first quarter, driven by an increase in domestic consumption and robust exports. However, the sustainability of the recovery was questioned.
- GDP for the January-March quarter grew by 1.3%, marking the sharpest expansion since the fourth quarter of 2021 and surpassing all forecasts.
- Growth in domestic demand was the main factor behind the stronger-than-expected GDP, with private consumption increasing by 0.8%. Analysts expressed uncertainty regarding the long-term strength of economic growth.
- Despite a rebound in exports and an increase in government spending, uncertainty remains regarding inflation outlook and monetary policy, as the Bank of Korea reconsiders its economic growth projections for 2024.
A brutal elimination round is reshaping the world’s biggest market for electric cars
cnn.com/2024/04/24/business/china-ev-industry-competition-analysis-intl-hnk/
Closed: Wednesday, April 24, due to extreme heat: Face-to-face classes are suspended in many places this Wednesday, April 24, 2024, due to the continued extreme ...
news.abs-cbn.com/news/2024/4/24/walang-pasok-miyerkoles-april-24-dahil-sa-init-1000
More than P1 million in damages recorded in the fire: Among those affected by the fire is a part of the Paco Catholic School in Paco, Manila.
news.abs-cbn.com/news/2024/4/24/higit-p1-milyong-pinsala-naitala-sa-kabi-kabilang-sunog-837
Microsoft-backed Rubrik prices US IPO above range at $32/shr: Rubrik , the cybersecurity software startup that counts Microsoft among its investors ...
reuters.com/markets/deals/microsoft-backed-rubrik-prices-ipo-above-range-32-per-share-source-says-2024-04-24/
ABS-CBN, AMBS partner to air Kapamilya shows, TV Patrol on ALLTV: Iconic ABS-CBN entertainment shows and news program TV Patrol can now be viewed on ALLTV's free ...
news.abs-cbn.com/business/2024/4/23/abs-cbn-ambs-partner-to-air-kapamilya-shows-tv-patrol-on-alltv-2359
VinFast chief plans to invest $1 billion more from his fortune in EV maker: Vietnamese billionaire Pham Nhat Vuong said on Thursday he planned to invest $1 ...
reuters.com/markets/asia/vinfast-chief-planning-invest-another-1-billion-his-fortune-ev-maker-2024-04-25/
South Korea prepares new monitoring system to detect illegal stock short selling: South Korea's financial market watchdog said on Thursday it had prepared a new ...
reuters.com/markets/asia/south-korea-prepares-new-monitoring-system-detect-illegal-stock-short-selling-2024-04-25/
Quick Glance: South Korea introduces monitoring system to curb illegal stock short selling
- South Korea's financial market watchdog has developed a new monitoring mechanism to detect illegal short-selling transactions in the stock market. Institutional investors will be electronically processed and filtered through a central detection system to prevent illegal trades.
- South Korea has made various reform efforts to address the 'Korea discount' in the stock market, where domestic companies have lower valuations compared to global peers due to factors like low dividend payouts and opaque governance structures.
- Last November, South Korea imposed a sudden ban on short selling of shares for the first half of the year after discovering illegal trades by foreign investment banks. Authorities stated that the ban would remain until adequate measures are in place to prevent such practices.
- The FSS aims to implement the new monitoring system swiftly after finalizing it, although no specific date was provided for the implementation.
Apple loses top spot in China market with shipments down 6.6% in Q1, data shows: Apple lost its crown as China's biggest smartphone seller in the first quarter ...
reuters.com/technology/apple-loses-top-spot-china-market-with-shipments-down-66-q1-data-shows-2024-04-25/
PROF FRANCIS PETERSEN | Expand post-school choices: university should not be the only path to success
timeslive.co.za/sunday-times-daily/opinion-and-analysis/2024-04-24-prof-francis-petersen-expand-post-school-choices-university-should-not-be-the-only-path-to-success/
Mercedes-Benz to launch luxury electric van for Chinese market: Mercedes-Benz is planning to launch a luxury electric van for the Chinese market based on its VAN ...
reuters.com/business/autos-transportation/mercedes-benz-launch-luxury-electric-van-chinese-market-2024-04-25/
Slow, but solid US economic growth anticipated in Q1; inflation likely heats up: U.S. economic growth likely slowed to a still-solid pace in the first quarter ...
reut.rs/3WeBxe5
Mercedes says it will continue to invest in China tie-ups: Mercedes Benz's China chief said on Thursday the company would continue to invest in tie-ups with ...
reuters.com/business/autos-transportation/mercedes-benz-shows-off-electric-line-up-beijing-autoshow-not-giving-up-2024-04-25/
Meta shares sink on higher AI spending, light revenue forecast: Meta Platforms disappointed investors on Wednesday with forecasts of higher expenses and ...
reut.rs/44hescF
Volkswagen aims to keep China market share stable as price war rages: Volkswagen aims to keep its Chinese market share roughly stable until the end of the decade ...
reuters.com/business/autos-transportation/volkswagen-aims-maintain-15-market-share-china-2030-country-chief-says-2024-04-24/
May holiday: Market and garbage collection in Celle's old town on Tuesday: Because of the May bank holiday, the weekly market takes place on Tuesday ...
cz.de/lokales/celle-lk/celle/mai-feiertag-markt-und-muellabfuhr-in-celler-altstadt-schon-am-dienstag-K2EHRCSJDJBURP6OC3NOKXKGXQ.html
Tesla jumps as Musk's promise of 'more affordable' cars eases growth fears: Tesla shares surged 10% on Wednesday after the electric-car maker eased some worries ...
reuters.com/technology/tesla-jumps-musks-promise-more-affordable-cars-eases-growth-fears-2024-04-24/
EU launches investigation into Chinese medical device market: The European Commission launched a probe into China's public procurement of medical devices on ...
reuters.com/world/europe/eu-opens-investigation-into-chinese-medical-device-market-2024-04-24/
Très belle: French women's favorite bag is back - and we love them!: Everyone loves these bags, especially the French women - but this year we're looking at the ...
harpersbazaar.de/fashion/tres-belle-lieblingstasche-franzoesinnen-ist-zurueck-lieben
China's EV survival game creates peril - and power: By most measures, the last thing China needs is more electric cars crowding a market with more losers than ...
reuters.com/world/china/chinas-ev-survival-game-creates-peril-power-2024-04-24/
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