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Stocks dive, rates surge on Middle East conflict

Headlines / Featured

PCC raises M&A deal size thresholds

Headlines / Featured

UnionBank nets P10B, bracing for future growth

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Foreign Exchange Rate
March 2, 2026
usd
1 USD = 57.6390
Currency Peso Equivalent
jpy
JPY
0.3695
gbp
GBP
77.7377
hkd
HKD
7.3680
chf
CHF
75.0899
CAD
CAD
42.2109
SGD
SGD
45.5824
AUD
AUD
40.5548
BHD
BHD
152.7873
Currency Peso Equivalent
SAR
SAR
15.3671
BND
BND
45.4029
IDR
IDR
0.0035
JPY
THB
1.8575
AED
AED
15.6960
EUR
EUR
67.7835
KRW
KRW
0.0399
CNY
CNY
8.3985
Index Report
Market CLOSED: Mar 2, 2026 3:59 PM
Index
Value
Chng%
PSEi
6,426.83
2.79
All Shares
3,567.86
2.02
Financials
2,129.64
1.78
Industrial
9,228.59
2.33
Holding Firms
5,076.53
2.74
Services
2,732.86
4.11
Mining and Oil
19,943.29
0.1
Property
2,176.56
0.83

Industries

How will US, Israeli strikes on Iran affect oil markets?

LONDON — The US-Israeli strikes against Iran and reprisals by Tehran could severely disrupt the global supply of crude oil and send prices soaring to levels not seen in years....

Finance

PhilFirst, Moneymax team up to expand access to travel, motor insurance

MANILA, Philippines — PhilFirst, a member of the Philippines First Insurance Group, has partnered with personal finance platform Moneymax to give greater access to non-life insurance products designed for Filipinos....

Consumer & Retail

Pump prices seen surging by up to P1.60 per liter on March 3

Pump prices seen surging by up to P1.60 per liter on March 3

MANILA, Philippines — Motorists might not see a break from surging fuel prices in the first week of March. Industry estimates show an increase of…

Columns
ALL IN THE FAMILY

The Church and AI

Pope Leo on AI 

Do awards motivate business?

Michelin and the family restaurant

Tourism & Transportation

PAL 85th anniversary seat sale starts on March 2; fare at P85

MANILA, Philippines — Philippine Airlines promises travelers seats for P85 in time with the flag carrier’s 85th anniversary. PAL said in a statement this year’s…

Foreign News

Philippine trade deficit continued shrinking in January

MANILA, Philippines — The Philippines recorded in January its highest trade deficit in three months. Still, the gap was narrower compared to year-ago levels thanks…

Economy

GlobalSource: Interest rate cuts not enough to revive Philippine growth

MANILA, Philippines — Monetary policy is nearing its limits, a reality that should serve as a wake-up call to Malacañang and Congress to do the heavier…

Communications

PLDT eyes REIT listing for data center business

MANILA, Philippines — Telco giant PLDT Inc. is “seriously considering” a real estate investment trust (REIT) initial public offering for its data center business, officials said.…

Industry Movements

Chinabank racks up record income, industry-leading returns

MANILA, Philippines — Sy family-led China Banking Corp. (Chinabank) delivered its strongest performance on record in 2025, posting a net income of P28 billion. This…

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