Business
Latest Business Stories

Cooler inflation fails to perk up Philippine stocks

Latest Business Stories

Most Asian markets rise as US data feed rate-cut hopes

Latest Business Stories

Gamers get hold of Nintendo’s hotly awaited Switch 2

Brandroom
Foreign Exchange Rate
June 5, 2025
usd
1 USD = 55.7890
Currency Peso Equivalent
jpy
JPY
0.3909
gbp
GBP
75.6276
hkd
HKD
7.1119
chf
CHF
68.2017
CAD
CAD
40.8053
SGD
SGD
43.3683
AUD
AUD
36.1959
BHD
BHD
148.0325
Currency Peso Equivalent
SAR
SAR
14.8783
BND
BND
43.2004
IDR
IDR
0.0034
JPY
THB
1.7113
AED
AED
15.1906
EUR
EUR
63.6999
KRW
KRW
0.0410
CNY
CNY
7.7744
Index Report
Market CLOSED: Jun 5, 2025 3:58 PM
Index
Value
Chng%
PSEi
6,376.79
0.03
All Shares
3,779.22
0.28
Financials
2,349.74
1.12
Industrial
8,953.75
0.06
Holding Firms
5,438.94
0.42
Services
2,203.86
0.63
Mining and Oil
9,889.52
0.19
Property
2,289.40
1.11

Industries

German orders rise unexpectedly in April

FRANKFURT, Germany — German industrial orders climbed unexpectedly in April, official data showed Thursday, a positive sign for Europe’s largest economy as it looks to exit months of stagnation. New orders,...

Finance

Funds raised by PDIC from asset sales breach P400 million

MANILA, Philippines — The Philippine Deposit Insurance Corp. (PDIC) reported a 24.7 percent increase in proceeds from asset sales in 2024, augmenting the state insurer’s resources to settle the claims...

Consumer & Retail

Gamers get hold of Nintendo's hotly awaited Switch 2

Gamers get hold of Nintendo's hotly awaited Switch 2

TOKYO, Japan — Gamers on Thursday finally got their hands on Nintendo’s new Switch 2 console, which could score record early sales for the Japanese…

Columns

Tourism & Transportation

Grab deploys Philippines' 1st fully electric taxi fleet

MANILA, Philippines — Grab Philippines launched the country’s first fully electric taxi fleet in Metro Manila, in line with its goal of providing sustainable transport option.…

Foreign News

DA extends issuance of fish import permit till June

MANILA, Philippines — Tight importation schedules and supply issues prompted the Department of Agriculture (DA) to extend the issuance of fish import permits to June.…

Economy

German orders rise unexpectedly in April

FRANKFURT, Germany — German industrial orders climbed unexpectedly in April, official data showed Thursday, a positive sign for Europe’s largest economy as it looks to exit…

Communications

Cooler inflation fails to perk up Philippine stocks

MANILA, Philippines — Cooler May inflation failed to lift the bourse on Thursday, with the local stock barometer barely moving due to selling at big…

Industry Movements

UnionDigital poised to be a pickier lender

MANILA, Philippines — UnionDigital Bank will be pickier in granting loans to maintain the improvement in its asset quality while also growing its client base.…

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