By Doris C. Dumlao
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.
Financial markets in the Philippines are closed on Monday for a public holiday.
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.
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.
Financial markets in the Philippines are closed on Wednesday because of Typhoon “Glenda.”