Markets

The US economy added significantly fewer jobs than expected in July, highlighting growing business uncertainty amid President Donald Trump's sweeping review of bilateral trade tariffs—an initiative that has triggered retaliatory measures even from longtime American allies.

An investor note from JP Morgan sparked a rally in Nike shares on Monday after analysts urged investors to "Just Buy It!"—a play on the brand’s iconic slogan—citing growing confidence in its multiyear recovery plan.

Financial regulators are moving closer to completing the framework for Global Philippine Depository Receipts (GPDRs), a landmark financial product aimed at enhancing market liquidity and expanding investment options for local and international investors.

The Bangko Sentral ng Pilipinas (BSP), through the Islamic Finance Coordination Forum (IFCF), hosted the “Stakeholders’ Forum on Domestic Sukuk Issuance” to expand access to financing for Muslim-owned enterprises by promoting Sukuk, or Islamic bonds.

Mass housing developer 8990 Holdings Inc. has filed for voluntary delisting from the Philippine Stock Exchange (PSE), citing the market’s failure to fully reflect the company’s intrinsic value. This marks the second delisting on the PSE this year, following Keppel Philippines Holdings Inc.