Business
Latest Business Stories

Deposits in Islamic banks now insured by PDIC

Latest Business Stories

Bargain hunt breaks PSEi losing streak

Latest Business Stories

China slams US ‘bullying’ over new chip warnings

Latest Business Stories

Oil prices jump on report of Israel prepping Iran strike

Brandroom
Foreign Exchange Rate
May 21, 2025
usd
1 USD = 55.6580
Currency Peso Equivalent
jpy
JPY
0.3853
gbp
GBP
74.5094
hkd
HKD
7.1123
chf
CHF
67.2036
CAD
CAD
39.9986
SGD
SGD
42.9891
AUD
AUD
35.7324
BHD
BHD
147.6770
Currency Peso Equivalent
SAR
SAR
14.8405
BND
BND
42.8237
IDR
IDR
0.0034
JPY
THB
1.6928
AED
AED
15.1537
EUR
EUR
62.8045
KRW
KRW
0.0400
CNY
CNY
7.7126
Index Report
Market CLOSED: May 21, 2025 3:59 PM
Index
Value
Chng%
PSEi
6,375.35
0.63
All Shares
3,737.94
0.47
Financials
2,376.68
1.12
Industrial
9,029.66
0.08
Holding Firms
5,447.64
1.35
Services
2,110.63
0.13
Mining and Oil
9,453.45
4.65
Property
2,236.30
0.6

Industries

Oil prices jump on report of Israel prepping Iran strike

HONG KONG, China — Crude prices surged Wednesday following a report that US intelligence suggested Israel was planning a strike on Iranian nuclear facilities, which would send geopolitical tensions into...

Finance

PSE upgrades capital-raising goal to P170B

MANILA, Philippines — The Philippine Stock Exchange (PSE) has upgraded its capital raising target for the year by 42 percent after seeing an encouraging first quarter, expecting a “very successful...

Consumer & Retail

Cyberattack costs UK retailer Marks&Spencer £300 million

LONDON, United Kingdom — British clothes-to-food retailer Marks and Spencer on Wednesday said a cyberattack disrupting its online service is set to last through to…

Columns

Tourism & Transportation

Vietnam approves new airline Sun PhuQuoc Airways

HANOI, Vietnam – Vietnam has approved the establishment of a new airline, Sun PhuQuoc Airways, which aims to have a fleet of more than 30…

Foreign News

Japan's exports slow in April as Trump's tariffs dent shipments to US

TOKYO, Japan — Japan’s exports to the United States, its largest single trading partner, fell nearly 2 percent in April as tariff hikes imposed by…

Economy

UK inflation hits 15-month high as utility bills soar

LONDON, United Kingdom — Britain’s annual inflation rate surged more than expected in April as energy and water bills rose sharply, official data showed Wednesday,…

Communications

Bargain hunt breaks PSEi losing streak

MANILA, Philippines — The local bourse snapped its five-session losing streak on Wednesday as traders looking for cheap stocks went on a shopping spree. By…

Industry Movements

Deposits in Islamic banks now insured by PDIC

MANILA, Philippines — Money kept by Islamic banks and Islamic banking units is now protected by the Philippine deposit insurance system, helping inspire confidence in…

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