Markets
DoubleDragon expects strong market reception for retail bond
DoubleDragon Corp. expects an anticipated interest rate cut by the Bangko Sentral ng Pilipinas later this week to bolster market reception for its P10.9 billion retail bond scheduled in September.
Keurig Dr Pepper to buy JDE Peet’s for EUR15.7B
Keurig Dr Pepper Inc. said Monday it has entered into a definitive agreement to acquire JDE Peet’s in an all-cash transaction valued at EUR15.7 billion (USD18.2 billion), a...
SEC warns of danger from unregistered crypto platforms targeting Filipinos
The Securities and Exchange Commission (SEC) has raised the alarm over a growing number of unregistered cryptocurrency platforms actively targeting Filipino users.
Wall Street slips ahead of Fed Chair Powell speech
Major U.S. markets closed lower Thursday as investors awaited Federal Reserve Chairman Jerome Powell’s speech at the Jackson Hole Economic Policy Symposium—an elite annual gathering of global central bankers that often sets the tone for global interest rate direction.
PSEi undervalued but poised to climb, says broker
Broker Unicapital Securities Inc. has revised its year-end forecast for the Philippine Stock Exchange index (PSEi) to 7,100 points, down from a previous projection of 7,800, but still implying a 9 percent gain from the 2024 close of 6,528.
