Category: Business Report

National Financial Solution > Business Report

Gov’t raises P360 billion via RTBs on strong demand from investors

THE GOVERNMENT has raised P360 billion via its offer of five-and-a-half-year retail Treasury bonds (RTBs) that ended on Friday amid strong demand from investors on the hunt for higher returns. The Bureau of the Treasury (BTr) said in a statement on Monday that P330.5 billion of the total amount raised was fresh fund or “new […]

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Wharton’s Jeremy Siegel warns that stocks could drop 10% as soon as December — hold fast with these 3 ‘conservative’ tech picks

Wharton’s Jeremy Siegel warns that stocks could drop 10% as soon as December — hold fast with these 3 ‘conservative’ tech picks The stock market could suffer a 10% correction as early as December if the Federal Reserve starts cracking down on inflation, a respected author and professor of finance says. With inflation hitting a […]

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Is your office rebound-ready? – BusinessWorld Online

Maricris Sarino-Joson Landlords need to maximize wellness features of buildings By Maricris Sarino-JosonDirector and Head, Office Services –Landlord Representation, Colliers ADOPTING GREEN and sustainable features plays a crucial role in future-proofing office towers after the pandemic. The coronavirus disease 2019 (COVID-19) situation has accelerated the adoption of sustainable office spaces and we see this trend […]

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There’s a New Way to Convert Your 401(k) into a Pension-like Stream of Income

Image shows a couple reviewing their retirement plan. Fidelity Investments plans to launch a new product next year that will allow individuals to shift a portion of their employer-sponsored retirement plan into an annuity. Creating reliable streams of retirement income is one of the most important elements of a person’s financial plan. A retirement industry […]

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ABS-CBN produces original content for iQiyi

TWO romance stories and a musical series are among Chinese on-demand streaming service iQiyi’s first Filipino originals shows after sealing a content deal with ABS-CBN. Founded in China in 2010, iQiyi International is an on-demand video streaming service providing pan-Asian entertainment. It is currently available in 191 countries with more than 106 million subscribers worldwide. […]

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Dow Jones Rallies; Tesla Surges As Elon Musk Does This; Twitter Dips As Jack Dorsey Quits

The Dow Jones Industrial Average rallied as Apple (AAPL) popped. Tesla (TSLA) stock jumped after CEO Elon Musk issued an order to staff. Twitter (TWTR) stock reversed lower on the news Jack Dorsey is stepping down from his role as chief executive. Breakouts were hard to come by, despite the positive action. Chip stock Lam […]

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Flag carrier PAL expands Vis-Min services via Iloilo

PHILIPPINE Airlines, Inc. (PAL) announced on Monday that it would expand its services in the Visayas and Mindanao in anticipation of increased demand during the upcoming holiday season. The flag carrier will resume services from Iloilo to Cebu and General Santos City on Dec. 7 and from Iloilo to Davao on Dec. 8. “The expanded […]

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Tesla’s Top Price Targets Now Almost $1,500. No One Seemed to Notice — Twice.

Joe Raedle/Getty Images Text size Tesla has a new top price target on Wall Street. In fact, it has two new top price targets. Investors can be forgiven if they missed it, though. The target prices come from overseas brokerage firms and show how Tesla is on the minds of just about every auto analyst […]

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Major PHL telcos: Spectrum fees ‘excessive’

By Arjay L. Balinbin, Senior Reporter THE country’s major telecommunications services providers PLDT, Inc., its wireless arm Smart Communications, Inc., and Globe Telecom, Inc. said the spectrum fees are becoming excessive. Spectrum user fees are collected annually from public telecommunications entities (PTEs), or those engaged in the provision of telecommunications services to the public for […]

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Alibaba Stock Hits 4-Year Low. Goldman Sachs Maps Out How It Can Rise – Or Fall.

Text size 2021 has taken investors in Alibaba on a wild ride. Greg Baker/AFP via Getty Images Alibaba stock hit its lowest level in more than four years Monday, as Wall Street’s re-evaluation of the company continued with analysts at Goldman Sachs removing the shares from its Conviction List and trimming their price target. A […]

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