Business
Brandroom
Foreign Exchange Rate
April 16, 2025
usd
1 USD = 56.9760
Currency Peso Equivalent
jpy
JPY
0.3980
gbp
GBP
75.3906
hkd
HKD
7.3448
chf
CHF
69.2633
CAD
CAD
40.8079
SGD
SGD
43.2062
AUD
AUD
36.0943
BHD
BHD
151.2022
Currency Peso Equivalent
SAR
SAR
15.1843
BND
BND
43.0430
IDR
IDR
0.0034
JPY
THB
1.6982
AED
AED
15.5125
EUR
EUR
64.2974
KRW
KRW
0.0399
CNY
CNY
7.7888
Index Report
Market CLOSED: Apr 16, 2025 5:30 PM
Index
Value
Chng%
PSEi
6,134.62
0.83
All Shares
3,656.99
0.28
Financials
2,391.55
0.11
Industrial
8,758.83
0.17
Holding Firms
5,067.27
1.41
Services
1,928.17
1.86
Mining and Oil
9,640.09
0.71
Property
2,213.28
0.26

Industries

Philippines urged to hasten processing of mine exploration permits

MANILA, Philippines — The government is urged to resolve delays in processing exploration permits to unlock the vast potential offered by the rich local mining sector. Darren Bowden, president and...

Finance

Stocks waver as ECB cuts rate, Trump slams Fed chief

NEW YORK, United States — Stock markets wavered Thursday despite another interest rate cut by the European Central Bank as investors remain on edge over the fallout from President Donald Trump’s...

Consumer & Retail

Westside City casino builder raises P8.63B as it prepares for Q4 opening

MANILA, Philippines — Integrated gaming resort developer Suntrust Resort Holdings Inc. has issued new convertible bonds to an overseas affiliate as it prepares to open…

Columns
ALL IN THE FAMILY

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‘Pawternity’ leave

Lifelong learning

Flying high

Tourism & Transportation

United Airlines does not expect tariffs to hit prices of its new planes

NEW YORK, United States — United Airlines said Wednesday it does not anticipate a direct impact on prices of its new aircraft as a result…

Foreign News

WTO chief says 'very concerned' as tariffs cut into global trade

GENEVA, Switzerland — Global trade is expected to plummet this year in the wake of President Donald Trump’s tariff offensive, fueling uncertainty that threatens “severe…

Economy

US vs China: The clash of the titans

PARIS, France — As the trade war between the United States and China escalates, here is a point-by-point comparison of the world’s two biggest economic…

Communications

Asian markets are mostly higher as Wall Street is stuck in trade war doldrums

BANGKOK, Thailand — Asian shares were mostly higher in thin Good Friday trading after a bumpy ride on Wall Street.  There, the Dow industrials lost…

Industry Movements

Trump suggests he can remove Federal Reserve Chair Powell

WASHINGTON, United States — President Donald Trump attacked Federal Reserve Chair Jerome Powell on Thursday for not cutting interest rates.  Trump said he could fire…

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