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Latest Business News

ACEN gets full control of India renewable energy business

Headlines

Power spot price dropped 18.6% in January

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Foreign Exchange Rate
February 4, 2026
usd
1 USD = 58.8670
Currency Peso Equivalent
jpy
JPY
0.3780
gbp
GBP
80.6419
hkd
HKD
7.5349
chf
CHF
75.9672
CAD
CAD
43.1576
SGD
SGD
46.3739
AUD
AUD
41.3364
BHD
BHD
156.1998
Currency Peso Equivalent
SAR
SAR
15.7021
BND
BND
46.1919
IDR
IDR
0.0035
JPY
THB
1.8597
AED
AED
16.0274
EUR
EUR
69.5808
KRW
KRW
0.0406
CNY
CNY
8.4826
Index Report
Market CLOSED: Feb 4, 2026 3:58 PM
Index
Value
Chng%
PSEi
6,372.95
0.45
All Shares
3,555.00
0.19
Financials
2,125.99
0.28
Industrial
9,130.84
0.91
Holding Firms
5,029.40
0.84
Services
2,646.94
0.74
Mining and Oil
17,457.82
1.92
Property
2,204.62
1.45

Industries

US wants to create critical minerals trading bloc with allies to counter China

WASHINGTON, United States — The Trump administration announced Wednesday that it wants to create a critical minerals trading bloc with its allies and partners, using tariffs to maintain minimum prices...

Finance

PSEi rebounds past 6,300 on bargain hunting, rate-cut hopes

MANILA, Philippines — The Philippine Stock Exchange Index (PSEi) rebounded on Friday as investors snapped up beaten-down shares. This lifted the benchmark index by 1.7 percent or 105.61 points to...

Consumer & Retail

Now under Jollibee Group, Tim Ho Wan doubles footprint in Hong Kong bailiwick

HONG KONG, China — Jollibee Food Corp.’s flagship Chinese-cuisine brand Tim Ho Wan officially opened its 10th store in Hong Kong, doubling its local footprint just…

Columns
ALL IN THE FAMILY

The Church and AI

Pope Leo on AI 

Do awards motivate business?

Michelin and the family restaurant

Tourism & Transportation

Cebu Pacific completing turboprop exit from NAIA by March

MANILA, Philippines –Cebu Pacific expects to complete the transfer of all its turboprop operations out of the Ninoy Aquino International Airport (NAIA) by March. This…

Foreign News

WTO faults US in dispute brought by China over clean energy subsidies

GENEVA, Switzerland — The World Trade Organization has faulted the United States in a dispute brought by China over US green energy subsidies. This, in a ruling…

Economy

Philippine inflation rate hits 11-month high of 2% in January

MANILA, Philippines — The country’s inflation rate climbed to an 11-month high of 2 percent in January on the back of higher housing and utilities costs,…

Communications

More drops for technology stocks weigh on Wall Street

NEW YORK, United States — More drops for technology stocks weighed on Wall Street Wednesday.. The S&P 500 fell 0.5% for its fifth modest loss…

Industry Movements

Google-parent revenue tops $400 billion as AI spending surges

SAN FRANCISCO, United States — Google parent Alphabet said Wednesday that it brought in $113.8 billion in the final three months of 2025, powered by…

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