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.
The Philippine National Bank (PNB) has received regulatory approval to allow the Social Security System (SSS) and Pag-IBIG Fund to hold client assistance and information sessions at its Tokyo and Nagoya branches.
Robinsons Land Corp. (RLC) has announced it will acquire the 9.6-hectare Victoria Plaza complex along JP Laurel Avenue in Davao City, as part of its expansion in key regional areas. The company did not disclose the purchase price.
Vietnam Helicopter Corporation (VNH) has ordered three new Airbus H225 helicopters through its subsidiaries, Southern Vietnam Helicopter Company and Northern Vietnam Helicopter Company. The move aims to support the company’s growing offshore energy operations and replace older aircraft in its fleet.