Markets
US FDA official’s resignation hits drug shares
American drug companies, led by Moderna and Novavax, suffered significant stock market losses on Monday after the top vaccine official of the US Food and Drug Administration (FDA) announced his resignation.
Improving CPI bodes well for equities – analyst
The equities faced a subdued market in the first quarter of 2025, as a lack of strong positive catalysts kept investor sentiment in check, the head of equities markets at the insurer Manulife said on Friday.
Duterte arrest matters none to PSE at this point
The arrest of former President Rodrigo Duterte has yet to significantly impact the Philippine stock market, as investors remain more focused on external factors like US President Donald Trump's tariff policies, the Federal Reserve, and the broader performance of US markets.
SM Investments strengthens market leadership with bond success
SM Investments Corporation (SM Investments), the parent company of the SM Group, continues to reinforce its leadership in the Philippine market with significant growth across retail, banking, and integrated property sectors.
Trump’s Gambit: Tariff hike triggers trade war with allies
The aggressive trade strategy of President Donald Trump took a dramatic turn on Tuesday as he imposed a new 25 percent tariff on imports from Mexico and Canada, igniting a trade war with two of the United States' closest allies.
