Markets
Intel shares rally on Apple investment talks
Intel shares surged 6.4 percent on Wednesday, closing at USD31.22, following a report from Bloomberg News that the chipmaker has initiated early-stage talks with Apple about a potential investment and closer collaboration.
SEC extends shelf registration to 5 years
The Securities and Exchange Commission (SEC) has extended the validity of shelf registration offerings from three to five years and simplified the requirements for subsequent tranches, under SEC Memorandum Circular No. 12, Series of 2025.
Lodestar expands capital, eyes digital assets
Stockholders of Lodestar Investment Holdings Corp. have approved key amendments to the company’s Articles of Incorporation, signaling a strategic shift into digital investments and a significant capital expansion.
T-Bill yields fall in wake of Fed rate cut
Average yields on treasury bills continued to decline at Monday’s auction, driven by expectations of further local monetary easing following the U.S. Federal Reserve’s decision last week to cut interest rates.
Fed cuts rates, signals more reductions ahead
The U.S. Federal Reserve lowered its benchmark interest rate by 25 basis points on Wednesday (Thursday, Manila time), bringing the federal funds target range to 4.00–4.25 percent. The decision comes amid signs of slowing job gains, persistent inflation, and moderating economic growth.
