Philippine shares soared for the third day Friday as a cut in key U.S. interest rates boosted investors' appetite for bargain stocks.The Philippine Stock Exchange index rose 86.16 points, or 4.62 perc...

Close this MANILA, Philippines -- The Senate has "convicted" former agriculture undersecretary Jocelyn "Joc-Joc" Bolante over the P728-million fertilizer fund controversy, and thus, there was no need ...

MANILA, Philippines -- Faced with a new impeachment attempt, and an impending revival of the P728-million fertilizer fund scam, President Gloria Macapagal-Arroyo said the country could not "waste time...

MANILA, Philippines -- The House of Representatives has deferred the inquiry on the Philippine National Police (PNP) general caught by Russian customs authorities with P6.9 million worth of euros in M...

MANILA, Philippines -- Senator Manuel Roxas has blamed Ombudsman Merceditas Gutierrez for the slipping public confidence in the government. Roxas said the Ombudsman's inability to act on big cases has...

An obese flight steward for national flag carrier Philippine Airlines has been grounded for good by the Supreme Court after a 20-year legal battle, court records show.In a 28-page ruling, the Supreme ...

Global Financial Crisis MANILA, Oct. 31 (Xinhua) -- The Philippine banks have agreed on liquidity boosting measures to shield the local financial market from shocks caused by the global financial ...

MANILA, Oct. 31 (Xinhua) -- The Philippine government will resume the three-percent tariff imposed on oil products starting from Saturday as local pump prices continue declining along with the global ...

The Credit Information Act calls for the establishment of a central credit information corporation that will then consolidate data from banks, financial institutions, credit card firms and others th...

-(Dow Jones)- The Philippine central bank on Friday eased rules on required asset cover for foreign currency deposit units, or FCDUs, a move intended to further soften demand for dollars.