Markets
Jollibee soars after stock exchange lifts foreign ownership limit
Shares of Jollibee Foods Corp. surged Thursday, pushing towards its 52-week high after the Philippine Stock Exchange (PSE) approved listed food group's request to amend its foreign ownership limit by removing the 40 percent cap and replacing it with “no limit.”
Nickel industry optimistic of growth in 2025
The Philippine Nickel Industry Association (PNIA) remains optimistic about the local nickel sector’s production growth, forecasting a 10 to 15 percent increase in 2025, driven by continued global demand for stainless steel and favorable nickel prices.
FirstMetroSec projects stronger PH equities market in 2025
First Metro Securities Brokerage Corporation (FirstMetroSec) is optimistic about the Philippine stock market in 2025, forecasting a strong recovery driven by improving economic conditions,...
McDonald’s earning in Q4 misses expectations, shares up on 2025 outlook
McDonald’s reported lower-than-expected earnings for the fourth quarter, with U.S. sales declining amid an E. coli outbreak that forced the world famous fast-food chain to pull its Quarter Pounder burgers from several states.
US stocks lower amid trade war concerns
US stocks closed lower on Monday amid growing concerns over the impact of President Donald Trump’s decision to raise tariffs on goods from major trading partners—Canada, China, and Mexico. However, market losses were not as severe as initially expected after Mexico announced it had negotiated a one-month delay on the tariff imposition.
