Markets
Asian Terminals plans PSE exit in April
Asian Terminals Inc. (ATI) has filed a petition with the Philippine Stock Exchange (PSE) to voluntarily delist its shares, setting April 3 as the target exit date, following a strategic investment by the country’s sovereign wealth fund.
Oracle financing plan stokes AI investment concerns
Shares of Oracle Corp. ended lower Monday after the company unveiled plans to raise up to USD50 billion in debt and equity to expand its cloud infrastructure, reviving market concerns that returns from its artificial intelligence investments may take years to materialize.
Villar Land urges respect for due process amid SEC raps
Villar Land Holdings Group, under fire from the Securities and Exchange Commission (SEC) over alleged stock price manipulation, said it has yet to receive a copy of the criminal complaint filed with the Department of Justice and cannot comment further until it does.
PSEi steady above 6,000 amid mixed signals
Philippine equities held their footing above the 6,000 level as caution continued to dominate trading, with analysts balancing global headwinds against pockets of domestic resilience.
SEC files market manipulation charges against Villar Land
Villar Land Holdings Group is facing a slew of legal charges, including insider trading and market manipulation, after the Securities and Exchange Commission (SEC) filed criminal complaints against one of the country’s most politically powerful and wealthiest families.
