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Volatility to persist as PSEi tests support

Markets 0
Philippine financial markets are expected to remain fragile this week, with investors bracing for continued volatility as risk aversion dominates sentiment and the benchmark index struggles to regain footing above key levels.

Mystery bonuses rock ABS CBN Corp. amid P40B losses

Corporate 0
A dispute has erupted within the Lopez family over alleged questionable spending at ABS-CBN Corporation, even as the company faces heavy financial losses.

Nickel Asia’s renewable unit targets 458 MW capacity by end-2026

Energy & Mining 0
Nickel Asia Corp. (NAC), through its renewable energy arm Emerging Power Inc. (EPI), aims to raise its total operational power capacity to 458 megawatts (MW) by the end of 2026, up from 293 MW expected by end-2025.

Petron buys Russian crude, revives offer to sell firm back to government

Energy & Mining 0
Petron Corp. has procured 2.48 million barrels of crude oil from Russia to secure fuel supply in the country until June 2026, the company said.

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