Semirara Mining and Power Corp. (SMPC) has lowered this year's capital expenditure from the P6.9 billion announced in January this year to P6.4 billion following an evaluation of its mine plans. In ab ...

THE PESO could strengthen against the dollar this week following positive US data released over the trading break. The local unit closed at P56.80 per dollar on Wednesday, weakening by three centavos ...

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...