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SEC followed law in Rappler ruling: fund manager

MANILA – The Securities and Exchange Commission merely followed the law when it revoked the incorporation papers of news website Rappler, a fund manager said Tuesday. The SEC said Rappler violated constitutional restrictions on foreign ownership by giving Omidyar, which ...

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America Last? EU says Trump is losing on trade

European Trade Commissioner Cecilia Malmstrom speaks during an interview with Reuters at the EU Commission headquarters in Brussels, Belgium, January 15, 2018. Francois Lenoir. Reuters BRUSSELS – The European Union’s trade tsar has no idea what Donald Trump will tell ...

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Some fuel stations have yet to implement tax-driven price hike

Consumers are expected to feel the brunt of the higher excise tax on fuel starting Monday, as oil companies are seen fully exhausting their inventory from 2017. The higher duties comes on top of an oil price hike in the ...

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PH shares close higher amid optimism on global economy

The Philippine Stock Exchange index joined a regional rally amid optimism over global economic growth. Both fundamental and technical indicators point to a bullish outlook for stocks. – Business Nightly, ANC, January 15, 2017 Let’s block ads! (Why?) Business

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Lego teams up with Chinese internet giant Tencent

BEIJING/COPENHAGEN – Danish toymaker Lego is teaming up with Chinese internet giant Tencent Holdings Ltd to jointly develop online games and potentially a social network aimed at Chinese children. Privately-owned Lego has seen a slowdown in sales growth in recent ...

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Second floor of Indonesia Stock Exchange collapses, several injured

Injured people are treated outside the Indonesian Stock Exchange building following reports of a collapsed structure inside the building in Jakarta, Indonesia January 15, 2018. Darren Whiteside, Reuters JAKARTA – The second floor of the Indonesia Stock Exchange building collapsed ...

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Asia shares hit historic high, dollar on defensive

Japan Yen and US Dollar notes are seen in this June 22, 2017 illustration photo. Thomas White, Reuters SYDNEY – Asian shares hit historic highs on Monday as Wall Street extended its record-breaking run, while the US dollar remained on ...

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Firms from Japan, Korea, Taiwan keen to be third telco: Andanar

[embedded content] MANILA – Big Japanese, Taiwanese and Korean companies are interested in becoming the third telecommunications player in the Philippines, Communications Secretary Martin Andanar said Sunday.  The Department of Information and Communications Technology last week said 32 firms were ...

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Taas-pasahe ihihirit kasunod ng oil price hike: IBON Foundation

Nagbabala ang IBON Foundation na kasunod ng pagtaas ng presyo ng petrolyo, hihirit ng dagdag singil sa pamasahe ang transport groups. Hindi rin malayong sundan ito ng pagtaas ng presyo ng bilihin. Nagpa-Patrol, Alvin Elchico. TV Patrol Weekend, Linggo, 14 ...

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Presyo ng langis, maaaring tumaas ng higit P3 kada litro

Nag-abiso ang Department of Energy (DOE) sa posibleng pagtaas ng presyo ng produktong petrolyo sa susunod na linggo bunsod ng galaw ng langis sa pandaigdigang merkado. Posibleng tumaas ng P0.45 kada litro ang diesel at P0.40 kada litro ang kerosene, ...

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