MANILA, Philippines — The depreciating peso and ongoing developments in the Senate’s investigation into anomalous flood control projects caused the local bourse to slide to a near six-month low on Thursday.
By the closing bell, the benchmark Philippine Stock Exchange Index (PSEi) tumbled by 1.09 percent, or 66.44 points, to end at 6,042.28. This marks its lowest level in nearly half a year.
MANILA, Philippines — Metro Pacific Health Corp. (MPH), the private hospital network led by billionaire Manuel Pangilinan, acquired a majority shareholding in Metro Antipolo Hospital and Medical Center Inc. (MAHMC), adding a 28th hospital to its portfolio. MPH plans to establish a new urgent care center for the 109-bed MAHMC to expand the latter’s outpatient services.
A lucrative transaction involving the Trump family’s cryptocurrency firm and an agreement giving the Emiratis valuable computer chips are testing the limits of ethics rules.
TOKYO — Frances Tiafoe smashed his racket as he lost to qualifier Marton Fucsovics in the first round of the Japan Open on Wednesday, while Denis Shapovalov also suffered an upset loss. The eighth-seeded Tiafoe struggled with his first serve in a 3-6, 6-1, 7-5 loss to Fucsovics and smashed his racket against the court