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Trade groups go to court over ‘alphalist’ demand

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The Supreme Court on Tuesday stopped the Bureau of Internal Revenue, the Department of Finance and the Securities and Exchange Commission from requiring firms to disclose an alphabetical list (alphalist) of investors who receive income payments and dividends, a regulation that has stirred concerns of capital flight and its crippling effects on the economy.  INQUIRER FILE PHOTO

Five capital market and banking institutions and one private investor group have asked the Supreme Court to reverse the implementation of various regulations requiring the submission of an alphabetical list (alphalist) of portfolio investors receiving income payments and dividends.

Posted: September 6th, 2014 in Headlines,Latest Business Stories | Read More »

Philippine markets closed

AFP FILE PHOTO

Financial markets in the Philippines are closed on Monday for a public holiday.

Posted: August 25th, 2014 in Latest Business Stories | Read More »

Asian stocks mixed while euro recovers

A board above the trading floor of the New York Stock Exchange shows the closing number for the Dow Jones industrial average, Thursday, July 3, 2014. The Dow Jones industrial average topped 17,000 for the first time Thursday, the index's first big 1,000-point milestone this year, following news that hiring in the US accelerated last month.  AP PHOTO/RICHARD DREW

Asian markets were mixed Friday following another record on Wall Street, while the euro dug in against the dollar and yen after rebounding from multi-month lows.

Posted: July 25th, 2014 in Latest Business Stories | Read More »

Asian shares mixed after MH17 losses

A woman walks by an electronic stock board of a securities firm in Tokyo on Friday, July 18, 2014. Asian markets were mixed on Monday, July 21, as bargain-hunting was offset by lingering geopolitical concerns after last week's downing of a Malaysian airliner in Ukraine.  AP PHOTO/KOJI SASAHARA

Asian markets took a lead from Wall Street and rebounded Monday from last week’s losses that were fuelled by the downing of a Malaysian airliner in Ukraine.

Posted: July 21st, 2014 in Latest Business Stories | Read More »

Philippine markets closed

Philippines World Markets

Financial markets in the Philippines are closed on Wednesday because of Typhoon “Glenda.”

Posted: July 16th, 2014 in Latest Business Stories | Read More »

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