US consumer spending rose for a seventh straight month in September, but income recorded its smallest gain in more than a year amid moderate wage growth, suggesting the current pace of spending was unlikely to be sustained.

Robinsons Retail Holdings Inc. on Monday reported a 9.0-percent increase in core net earnings in the third quarter of the year, on the back of same-store sales.  

The “ber” months are upon us and that only means one thing: more spending! That’s why these days, being wise with money is a must.

Megaworld Corp. has released the full schedule of its malls’ operating hours across Metro Manila from November 2018 to Jan. 1, 2019.

President Rodrigo Duterte has directed the abolition of the Philippine Sugar Corporation (Philsucor), according to a document released by Malacañang on Monday.

Puregold Price Club Inc. said on Monday the Securities and Exchange Commission (SEC) has approved the incorporation of its remittance subsidiary PUREPADALA Inc.  

The issues that caused the years of delay in the deployment of Dalian trains in the Metro Rail Transit Line 3 were found to be «manageable» concerns, results of an audit on the rail system revealed.

Sy-led lender BDO Unibank Inc. on Monday reported an 18-percent hike in its earnings during the third quarter of the year, driven by higher lending operations during the period.

The Cathay Pacific Group over the weekend officially launched direct flights between Davao and Hong Kong.

Two lawyers have appealed for the Supreme Court (SC) to revoke the co-use agreement of major telecommunications players PLDT Inc. and Globe Telecom Inc. over the 700 megahertz (MHz) frequency.

Vice President Leni Robredo on Sunday demanded for the Duterte administration's transparency following the rise of the national government’s outstanding debt to another record-high of P7.160 trillion as of end of September 2018.

The Department of Transportation over the weekend deployed on the Metro Rail Transit Line 3 the first batch of light rail vehicles acquired from CRRC Dalian Co. Ltd. 

US quarterly earnings reports this month were supposed to give investors clarity about the health of Wall Street's rally this year.

More fuel companies announced they are rolling back prices of fuel products after other companies brought down their prices on Saturday.

Oil companies Petron Corporation and Flying V announced that they would be reducing fuel prices 6 a.m. on Monday.

The Department of Agriculture and Department of Trade and Industry formally launched the suggested retail price of rice on Saturday.

The S&P 500 ended at its lowest level since early May on Friday and flirted with correction territory after technology and internet shares sold off further, capping another volatile week for US stocks.

US stocks resumed their selloff on Friday, with the S&P poised to join the Nasdaq in correction territory, sparked by grim earnings reports from Alphabet and Amazon that eclipsed data showing the US economy continued to grow at a healthy clip.

Ratings agency Fitch said on Friday it no longer assumed that Britain would leave the European Union in a smooth transition and said an acrimonious and disruptive «no deal» Brexit could lead to a further downgrade of its sovereign credit rating.

US Secretary of State Mike Pompeo on Friday accused China of seeking to build an «empire» by bribing leaders with investment and vowed to fight it «at every turn.»

Banks in Britain must hold enough cash to withstand any disorderly Brexit hitting financial markets next March, Bank of England Deputy Governor Sam Woods said on Thursday.

US stocks jumped on Thursday, giving the Nasdaq its biggest daily gain since March, as Microsoft's upbeat earnings spurred a rebound in technology names and investors snapped up oversold shares.

US stocks rose on Thursday, as strong earnings from Microsoft helped Nasdaq-listed companies stage a rebound from the tech-heavy index's worst decline since 2011 in the previous session.

Philippine share prices marked a losing streak for the third consecutive trading day on Thursday and broke anew the critical support level at 7,000 as the sell-off in US markets downed investor sentiment.

Wholesaler and retailer Phoenix Petroleum Philippines Inc. is forming a holding company in Singapore.  

Bayan Muna party-list Representative Carlos Zarate on Thursday slammed the P20 wage hike an employers group and the Department of Labor and Employment are supposedly discussing in light of the nine-year high inflation in September.  

President Rodrigo Duterte is set to inaugurate the Parañaque Integrated Terminal Exchange (PITX), the country’s first “landport,” on November 5, the Department of Transportation said Thursday.

Suspending the fuel excise tax increase for merely three months in 2019 is not sufficient enough to address the country’ soaring inflation, Senator Paolo Benigno Aquino IV said on Thursday.  

Lower operating income and foreign exchange losses dented Universal Robina Corp.’s net income in the first nine months of the year.

The Tax Reform for Acceleration and Inclusion law, among other factors, has eaten into the bottom line of Philex Mining Corp. because of higher excise taxes on mining.

Internet heavyweight Jack Ma has regained his seat as the richest person in China, with a net worth surged of $34.6 billion, according to the 2018 Forbes China Rich List.

Share prices on the Philippine Stock Exchange plunged nearly 2.4 percent during the morning session on Thursday as the sell-off overnight on Wall Street weighed on market sentiment in Asian markets.  

US stocks plunged again on Wednesday, confirming a correction for the Nasdaq and erasing the Dow and the S&P 500's gains for the year, as disappointing forecasts from chipmakers and weak home sales data fueled jitters about economic and profit growth.

SYDNEY -- Asian shares dived on Thursday as hundreds of billions of dollars haemorrhaged from global markets after a rout in tech stocks inflicted the largest daily decline on Wall Street since 2011, wiping out all its gains for the year.

The Dow Jones Industrial Average rose on Wednesday after Boeing raised its profit forecast, easing worries of slowing corporate profits, but a dim outlook from other China-reliant companies, including chipmakers, pressured the S&P 500 and Nasdaq.