Corporate

Metrobank plans USD500 million bond offer to diversify funding sources

Metropolitan Bank & Trust Co., the Philippines’ third largest lender by assets, is looking to raise USD500 million, with an option to upsize the...

Nickel Asia ends mining service deal with Hallmark Mining, Austral-Asia Link

Nickel Asia Corp., a listed mining company, said Monday it ended a deal to be exclusive mining service contractor of Hallmark Mining Corp. and...

SEC streamlines registration process for power companies seeking IPOs

The Securities and Exchange Commission has simplified the registration process for power generation and distribution utilities firms seeking fresh funds through the public offering...

Mines chamber commits to make public independently verified self assessment outcomes

The 19-member Chamber of Mines of the Philippines (COMP) has adopted for domestic use the global goals set under the TSM program or the initiative Towards Sustainable Mining (TSM) where its members agreed to submit themselves to annual self-assessment reports.

Nvidia briefly hits $2 trillion valuation as AI frenzy grips Wall Street

Nvidia briefly hit USD2 trillion in market value for the first time on Friday, riding on insatiable demand for its chips that made the Silicon Valley firm the pioneer of the generative artificial intelligence boom.

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