Markets
T-Bill yields mixed as markets weigh risks
Average rates on government treasury bills moved in mixed directions at Monday’s auction, with the shortest tenor edging higher as investors priced in political uncertainties, while longer maturities continued to ease on expectations of further monetary loosening after weaker third-quarter growth.
OceanaGold Philippines now trades in US OTCQX
OceanaGold (Philippines) Inc. has qualified to trade on the OTCQX® Best Market in the United States, starting today under the symbol “OGPIF.” U.S. investors can access real-time quotes and financial disclosures at www.otcmarkets.com.
Disney shares slide on weak revenue, linear TV
Shares of The Walt Disney Co. fell 7.8 percent Thursday as investors focused on weaker-than-expected revenue and ongoing struggles in its linear TV business, overlooking strong profit and subscriber growth.
MPTC gets SEC nod for up to ₱20 billion bond sale
Metro Pacific Tollways Corp. (MPTC) has received pre-effective approval from the Securities and Exchange Commission (SEC) for its planned public offering of up to ₱15 billion in fixed-rate bonds, with an additional ₱5 billion oversubscription option. The bonds may be issued in up to three series with tenors of 3, 5, or 10 years.
IBM soar on quantum computing breakthroughs
Shares of International Business Machines (IBM) surged to a record high Wednesday after the tech giant unveiled major quantum computing breakthroughs at its Quantum Developer Conference, signaling a leap toward commercial quantum advantage by 2026 and fault-tolerant quantum systems by 2029.
