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.
Average rates on treasury bills were lower at Monday’s auction, reflecting expectations of further monetary easing by the Bangko Sentral ng Pilipinas (BSP).
The Energy Regulatory Commission (ERC) approved the recovery of P31.34 billion by four power generation companies following the termination of five power supply agreements (PSAs) with Manila Electric Co. (Meralco) due to a change in circumstances.
The Philippine Rice Research Institute (PhilRice), under the Department of Agriculture, is warning rice farmers to prepare for possible pest infestations in the first quarter of 2026, based on trends seen over the past five years.
Dominion Holdings Inc. (DHI) is heading toward a possible ownership reshuffle after the company disclosed that Monte Sur Equity Holdings Inc. intends to launch a tender offer for all remaining DHI shares held by the public.