Markets
Strong IPOs begin long before listing day—Unicapital
As the Philippine initial public offering (IPO) market continues to feel the drag of global headwinds in 2024 and 2025, investor sentiment remains cautious and companies are in no rush to go public. Yet while the pipeline may be quiet, it is far from empty — especially in sectors like infrastructure, healthcare, energy, consumer goods, and tech-enabled services, where growth potential still sparks investor interest.
Apple shares soar on frenzy over iPhone 17
Shares of Apple Inc. surged to a record high on Monday, driven by strong early demand for its newly released iPhone 17 across key markets in China and the US.
T-Bill yields slip amid rate cut outlook
Treasury bill rates were generally lower at Monday’s auction, as expectations of further monetary policy easing by the Bangko Sentral ng Pilipinas (BSP) continued to weigh on yields.
Beige Book reinforces prospects of further Fed rate cut
With official jobs data unavailable due to the US government shutdown since October 1, markets turned to the Federal Reserve’s Beige Book for a pulse on the economy. It merely confirmed what previous official data showed—tepid business and economic activity that had earlier spurred the Fed to cut interest rates in hopes of jumpstarting a muted labor market.
Gold hits USD4,300 on trade jitters, possible Fed rate cut
Gold soared to a fresh record above USD4,300 an ounce Thursday, rallying for a fourth straight session as investors piled into safe havens amid deepening US-China tensions and growing bets on Federal Reserve rate cuts.
