The administration of US President Donald Trump expects most of the nation’s coal-fired power plants to delay retirement to ...

THE UNSOLICITED proposal of Light Rail Manila Corp. (LRMC) to complete the terminated contract for the construction of the ...

President Donald Trump on Thursday unveiled a fresh round of punishing tariffs on a broad range of imported goods, including 100% duties on branded drugs and 25% levies on heavy-duty trucks, set to ...

LISTED property giant Ayala Land, Inc. (ALI) has disbursed over P2.7 billion raised from last year’s sale of 75 million shares in its real estate investment trust unit, AREIT, Inc., using the proceeds ...

PROPERTY DEVELOPER Megaworld Corp. has launched a P2-billion share buyback program while allocating P2.21 billion raised from its listed real estate investment trust unit Megaworld Real Estate ...

By Katherine K. Chan, Reporter Philippine businesses turned less optimistic about the economy in the third quarter amid bad weather and sluggish demand during “ghost month,” a survey by the Bangko ...

The National Bureau of Investigation (NBI) has recommended the prosecution of 21 individuals, including several lawmakers and Public Works officials, over their alleged involvement in anomalous ...

LONDON – Global debt hit a record high of $337.7 trillion at the end of the second quarter, driven by easing global financial conditions, a softer US dollar and a more accommodative stance from major ...

The Federal Reserve’s newest policymaker, Stephen Miran, continued on Thursday to press for sharp US interest-rate cuts to prevent labor market collapse, saying his fellow central bankers are more ...

By Katherine K. Chan, Reporter Philippine housing prices increased in the second quarter as consumers were less pessimistic about purchasing residential properties, the Bangko Sentral ng Pilipinas ...

By Katherine K. Chan THE BANGKO SENTRAL ng Pilipinas’ (BSP) new P500,000 cap on daily cash withdrawal may make money laundering more difficult but unlikely to completely deter it, analysts said. At ...