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China slams US ‘bullying’ over new chip warnings

Latest Business Stories

Oil prices jump on report of Israel prepping Iran strike

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Philippine investors hold on to US assets

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Foreign Exchange Rate
May 21, 2025
usd
1 USD = 55.6580
Currency Peso Equivalent
jpy
JPY
0.3853
gbp
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74.5094
hkd
HKD
7.1123
chf
CHF
67.2036
CAD
CAD
39.9986
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42.9891
AUD
AUD
35.7324
BHD
BHD
147.6770
Currency Peso Equivalent
SAR
SAR
14.8405
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BND
42.8237
IDR
IDR
0.0034
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THB
1.6928
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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

Seven-Eleven Japan testing delivery robots

Seven-Eleven Japan testing delivery robots

Tokyo (Jiji Press) — Amid a serious truck driver shortage, convenience store chain Seven-Eleven Japan Co. began a trial delivery service using robots on public…

Columns

Tourism & Transportation

Record-low fuel surcharge seen to bring down airfares in June

MANILA, Philippines — Airfares are seen to go down in June after the Civil Aeronautics Board (CAB) imposed a record-low fuel surcharge, in time for…

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

Trump's tariffs to test unity among allies at G7 finance ministers' summit

BANFF, Canada — Leading financial officials from the world’s richest countries are gathering in a Canadian mountain resort this week for what may prove a…

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

China slams US 'bullying' over new chip warnings

BEIJING, China — Beijing condemned on Wednesday new US warnings on the use of AI chips made in China, vowing it would take steps against “bullying”…

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