Category: finance
CMIC lifts suspension on Globalinks
MANILA, Philippines – Now with enough capital to continue operating, broker-dealer Globalinks Securities and Stocks Inc. may resume operations. This, after the market regulation arm of the Philippine Stock Exchange lifted Globalinks’ involuntary suspension. In a memorandum on Tuesday, Capital Markets Integrity Corp. (CMIC) said it had received documents from Globalinks. These showed proof of
BIZ BUZZ: Panglao Hole symposium?
Every year, the world’s top central bankers, policymakers, academics and market movers descend on Jackson Hole, Wyoming, for the Federal Reserve Bank of Kansas City’s high-profile symposium—a must-watch event where one stray comment can jolt global markets. Now, the Bangko Sentral ng Pilipinas (BSP) wants its own version of that. READ: BIZ BUZZ: Mapua opens
Fintech giant Pine Labs might get listed in mid-November
Pine Labs, a leading fintech company backed by Peak XV, is gearing up for an initial public offering (IPO) next month.
PSEi back in the green on bargain-hunting
MANILA, Philippines – Investors went on a shopping spree for cheap stocks on Monday, ending the local stock barometer’s brief stay in the red. By the end of the session, the benchmark Philippine Stock Exchange Index had added 0.24 percent, or 14.54 points, to close at 6,052.33. READ: Weak peso pulls PSEi down Meanwhile, the
Fitness tracking app Strava all set for an IPO
Fitness tracking app Strava all set for an IPO
$19B: Cryptocurrency market suffers biggest single-day wipeout in history
The cryptocurrency market has witnessed its biggest single-day wipeout in history, with over $19 billion liquidated.
Israeli spyware maker NSO acquired by US investment group
A US investment group has acquired Israeli spyware manufacturer NSO Group, the company behind iPhone spyware Pegasus.