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Rappler's latest stories on market


Bottom of the barrel: IEA sees oil output recovery

Jul 10, 2020 - 10:55 PM

While the International Energy Agency warns that the resurgence of the coronavirus in some regions is 'casting a shadow over the outlook,' it sees the oil market turning a corner

OIL. A worker takes a break beneath the natural gas storage tanks at an exploration site in the Longgang gas field in Lishan, in southwest China's Sichuan province, May 17, 2007. File photo by Liu Jin/AFP

Global stocks mostly lower as infection numbers rattle investors

Jul 10, 2020 - 7:30 AM

The Dow and S&P 500 finish firmly lower on Thursday, July 9. Bourses in London, Paris, and Frankfurt also retreat.

U.S. ECONOMY. An American flag hangs from a building in the Financial District of Manhattan in New York City on September 3, 2019. File photo by Spencer Platt/Getty Images/AFP

Global stocks mixed while safe haven gold climbs

Jul 09, 2020 - 9:40 AM

The eurozone's key indices end down on Wednesday, July 8, but the picture is different in New York

TRADING. The United States flag is seen at the New York Stock Exchange in New York City on April 30, 2020. Photo by Johannes Eisele/AFP

Stocks go into reverse as virus fears resurface

Jul 08, 2020 - 9:35 AM

European indices slip after a pessimistic growth forecast by the European Commission on Tuesday, July 7. Wall Street stocks also pull back.

WALL STREET. A view of the New York Stock Exchange is seen on Wall Street in New York City on March 23, 2020. File photo by Angela Weiss/AFP

Stock markets rally on economy recovery hopes

Jul 07, 2020 - 8:00 AM

The easing of lockdowns is providing hope the global economy will bounce back quickly from an expected recession in 2020

TRADING. A view of the New York Stock Exchange is seen on Wall Street in New York City on March 23, 2020. Photo by Angela Weiss/AFP

Stocks climb on U.S. jobs recovery, vaccine hope

Jul 03, 2020 - 9:25 AM

The tech-dominated Nasdaq ends with another record-high finish, while the Dow gains 0.4% on Thursday, July 2, shrugging off a worsening coronavirus situation

People walk near the The New York Stock Exchange (NYSE) on Wall Street on June 29, 2020 in New York City. - Stock markets on both sides of the Atlantic struggled Monday to rebound from last week's losses as optimism over easing lockdowns was torpedoed by fear over surging coronavirus infections. (Photo by Angela Weiss / AFP)

U.S. stocks gain to finish banner quarter, shrugging off virus spike

Jul 01, 2020 - 8:20 AM

The S&P 500 finishes at 3,100.29 on Tuesday, June 30, up 1.5% for the day and around 20% for the quarter, the biggest gain since 1998

WALL STREET. A person walks down Wall Street in New York City on April 2, 2020. Photo by Spencer Platt/Getty Images/AFP

European, U.S. stocks rise, shrugging off virus fears

Jun 30, 2020 - 9:00 AM

European key markets close more than 1% higher on Monday, June 29, while the Dow leads indices in the United States, finishing up 2.3%

WALL STREET. The statue of the charging bull is pictured in New York City on April 20, 2020. Photo by Johannes Eisele/AFP

Coronavirus crash: Pandemic pushes stock market down in Duterte's 4th year

Jun 29, 2020 - 2:30 PM

After the Philippine Stock Exchange index slumped to an 8-year low due to the COVID-19 pandemic, will the Duterte administration see the local equity market go back to its pre-coronavirus levels?

Brussels probes German regulator over Wirecard scandal

Jun 26, 2020 - 10:55 PM

(UPDATED) The European Securities and Markets Authority will examine whether Germany's regulatory responses to early signs that Wirecard was in trouble 'were adequate to protect investor confidence in EU securities markets'

Market 'disconnect' could worsen virus downturn – IMF

Jun 25, 2020 - 11:25 PM

'Investors seem to be betting that lasting strong support from central banks will sustain a quick recovery even as economic data point to a deeper-than-expected downturn,' says the International Monetary Fund

JAPAN STOCKS. Pedestrians walk past an electronic quotation board displaying share prices of the Tokyo Stock Exchange in Tokyo on June 15, 2020. Photo by Kazuhiro Nogi/AFP

Start July with the next session of #IMMAP Web Wednesdays

Jun 25, 2020 - 4:29 PM

Don't miss this data-packed session on July 1, 6 pm

[ANALYSIS] How COVID-19 threatens online freelancing in the PH – and what can be done

Jun 25, 2020 - 12:51 PM

'We should…recognize that in the face of COVID-19, these freelancers, just like many other Filipino workers, will be facing potentially significant headwinds'

Mercato Centrale opens online portal for delivery

Jun 24, 2020 - 3:03 PM

Home-based vendors of the BGC night market are selling their frozen and ready-to-eat items via the Mercato Favorites website

Salcedo Market reopens with new guidelines

Jun 23, 2020 - 12:35 PM

The produce and food market is open again from 7 am to 12 noon every Saturday

OPEC throttles output in May 2020

Jun 17, 2020 - 10:00 PM

OPEC member states cut oil output by 6.2 million barrels per day in May 2020

OIL FEARS. In this file photo taken on December 11, 2019, an oil tanker is docked at the port of Ras al-Khair, about 185 kilometers north of Dammam in Saudi Arabia's eastern province overlooking the Gulf. File photo by Giuseppe Cacace/AFP

IEA says aviation to hold back oil recovery

Jun 16, 2020 - 10:20 PM

'Unlike gasoline and diesel, which are likely to recover to close to pre-crisis levels by the end of 2020, the outlook for jet fuel is more uncertain,' says the International Energy Agency

This handout satellite image released by Maxar Technologies shows a close up of lineup parked planes at Charles De Gaulle International Airport, in Paris, France, on March 27, 2020, during the coronavirus (Covid-19) outbreak. (Photo by - / Satellite image ©2020 Maxar Technologies / AFP) / RESTRICTED TO EDITORIAL USE - MANDATORY CREDIT "AFP PHOTO / Satellite image ©2020 Maxar Technologies " - NO MARKETING - NO ADVERTISING CAMPAIGNS - DISTRIBUTED AS A SERVICE TO CLIENTS RESTRICTED TO EDITORIAL USE - MANDATORY CREDIT "AFP PHOTO / Satellite image ©2020 Maxar Technologies " - NO MARKETING - NO ADVERTISING CAMPAIGNS - DISTRIBUTED AS A SERVICE TO CLIENTS RESTRICTED TO EDITORIAL USE - MANDATORY CREDIT "AFP PHOTO / Satellite image ©2020 Maxar Technologies " - NO MARKETING - NO ADVERTISING CAMPAIGNS - DISTRIBUTED AS A SERVICE TO CLIENTS RESTRICTED TO EDITORIAL USE - MANDATORY CREDIT "AFP PHOTO / Satellite image ©2020 Maxar Technologies " - NO MARKETING - NO ADVERTISING CAMPAIGNS - DISTRIBUTED AS A SERVICE TO CLIENTS /

How to strategize in digital media after coronavirus?

May 21, 2020 - 5:39 PM

The 'Web Wednesdays' session is on May 27, Wednesday, 6 pm. It is free and open to everyone.

IEA says oil outlook improves 'somewhat' on easing virus lockdowns, output cuts

May 14, 2020 - 5:00 PM

Despite the improvement in the oil market, the International Energy Agency warns that 'major uncertainties remain'

OIL FACILITY. The Marathon Refinery is seen in Carson, California, on March 9, 2020. Photo by David McNew/AFP

U.S. calls on ASEAN to close markets selling illegal wildlife

Apr 23, 2020 - 8:37 PM

The call comes as the world grapples with the coronavirus pandemic believed to have originated at a wildlife market in Wuhan, China

ILLEGAL TRADE. This ball python was found in plastic drawers along with several other snakes, crocodiles, and turtles in a raid on mausoleum in the Manila North Cemetery in December 2014 in the Philippines. File photo by DENR-BMB

Portions of Marikina Public Market closed after suspected virus death of vendor

Apr 20, 2020 - 9:59 PM

The closure is done to enable the thorough disinfection of stalls at Marikina City Public Market

Photo from Marikina LGU

Trends you should know about Gen Z and the online economy

Apr 13, 2020 - 3:09 PM

The first session of Web Wednesdays featured timely insights on digital shopping and insights from "The Future 100: 2020" report

Gulf stocks battered by coronavirus, oil price war in Q1 2020

Mar 31, 2020 - 9:45 PM

The 5 major bourses in the Gulf region plummet in the first 3 months of the year, with Dubai's market losing more than a third of its value

SLUMPING STOCKS. A Kuwaiti trader wearing a protective mask follows the market at the Boursa Kuwait stock exchange in Kuwait City on March 1, 2020. Photo by Yasser al-Zayyat/AFP

Free digital marketing series 'Web Wednesdays' returns April 1

Mar 17, 2020 - 3:57 PM

IMMAP's "Web Wednesdays" series is free and open to everyone

Gulf shares slump after OPEC fails to agree on virus action plan

Mar 08, 2020 - 11:55 PM

All the 7 bourses in the Gulf close in the red on Sunday, March 8, amid a panic sell-off over fears that energy prices could collapse

A picture taken with a fisheye lense shows traders walking by beneath a stock display board at the Dubai Stock Exchange in the United Arab Emirates, on March 8, 2020. - Saudi's stock exchange fell 6.5 percent and other Gulf markets tumbled to multi-year lows at the start of trading after OPEC and its allies failed to clinch a deal over oil production cuts. (Photo by GIUSEPPE CACACE / AFP)

Gulf bourses dive as coronavirus hits oil price

Mar 01, 2020 - 10:15 PM

(3rd UPDATE) The Gulf region's stock markets are badly hit on Sunday, March 1, with oil prices sagging below $50 a barrel amid novel coronavirus fears

A Kuwaiti trader wearing a protective mask follows the market at the Boursa Kuwait stock exchange in Kuwait City on March 1, 2020. - Boursa Kuwait decided to close the main trading hall due to the COVID-19 coronavirus disease developments. Stock markets in the oil-rich Gulf states plunged on March 1 over fears of the impact of the coronavirus, which also battered global bourses last week. All of the seven exchanges in the Gulf Cooperation Council (GCC), which were closed the previous two days for the Muslim weekend, were hit as oil prices dropped below $50 a barrel. The region's slide was led by Kuwait Boursa, where the All-Share Index fell 10 percent, triggering its closure. Kuwait's bourse was closed for most of last week for national holidays. (Photo by YASSER AL-ZAYYAT / AFP)

Robinsons, SM Prime present plans to redevelop Baguio market

Feb 22, 2020 - 11:23 AM

The Baguio City government is expecting more proposals from big companies. Vendors' groups and concerned citizens are opposed to the participation of big business in the public-private partnership project.

NEW BAGUIO MARKET. Baguio City Mayor Benjamin Magalong and other city officials at the presentation of Robinsons Land Corporation and SM Prime Holdings on their respective proposals for the redevelopment of the Baguio market. Photo from Baguio City PIO Facebook page

17 special hotel buffets perfect for every occasion

Feb 10, 2020 - 1:19 PM

Buffets for any occasion!

Photo from Conrad Manila's Facebook Page

How this businessman went from tikoy to telecoms

Jan 29, 2020 - 8:00 PM

Having a family business is not a guarantee of success. You need flexibility and vision.

Inside the Industry: Making comic books your business with Komiket's Paolo Herras

Jan 24, 2020 - 2:25 PM

We dive into the world of local comic books, conventions, and its future in TV and movie adaptations

Lawmaker questions how power firm with P7,000 capital got P100-M deal

Jan 20, 2020 - 3:05 PM

Congressman Jericho Nograles says IEMOP had no experience and no assets, but still bagged the contract to operate the Wholesale Electricity Spot Market

Artivism gives face to Iloilo’s vulnerable public markets

Jan 20, 2020 - 12:15 PM

As rapid growth pushes local vendors to the fringes, Ilonggo artists seek to empower them with public art at Barotac Viejo’s Public Market

BEARERS OF ILONGGO TRADITION. Artivism Iloilo features local market vendors in their murals, seeing them as unnoticed bearers of Ilonggo tradition, unappreciated despite their indelible contribution to their community's culture and customs. Photo by Marrz Capanang

Oil spikes, stocks plunge after Iran attacks

Jan 08, 2020 - 9:29 AM

'It's not going to be pretty today,' says one trader, reacting to the initial reports of Iran's first response to the US assassination of military commander Qasem Soleimani

A gasoline attendant fills up a car with gas at a gasoline station in Quezon City on Tuesday, April 16, 2019. Photo by Darren Langit/Rappler

Markets wobble as traders wind down for Christmas

Dec 23, 2019 - 11:49 PM

With very little by way of market-moving events on the horizon, analysts are expecting a quiet week

Allan Ty takes oath as LPGMA congressman

Nov 20, 2019 - 7:29 PM

The lawyer turned lawmaker replaces the late Rodolfo Albano Jr, who passed away due to heart failure

FRESHLY MINTED. Allan Ty takes his oath as LPGMA congressman on November 20, 2019. Screenshot from the House of Representatives YouTube account

SEC orders takeover of R&L Investments

Nov 15, 2019 - 5:20 PM

Capital Markets Integrity Corporation, the local bourse's compliance arm, is tasked to assist affected customers and submit a report for instituting criminal charges

QC to open night market, forms organization for displaced street vendors

Nov 14, 2019 - 8:15 PM

The vendors will also be members of the Suki sa Kyusi club, which will give members access to workshops on entrepreneurial mindset, financial literacy, visual merchandising, and food safety

RESTORING LIVELIHOODS. Displaced vendors will now be able to continue their livelihood again in a night market dubbed 'Sari Sari Kyusi'. Photo by Loreben Tuquero/Rappler

IMMAP wraps up its 6th Web Wednesdays session with insights on content monetization

Nov 08, 2019 - 12:29 PM

Web Wednesdays is a monthly webinar that aims to support digital education in the Philippines

DigiCon 2019 highlights bravery and digital transformation in the post-digital world

Nov 08, 2019 - 10:56 AM

Ready for DigiCon 2020? Tickets are on sale now!

Saudi regulator approves Aramco share offering

Nov 03, 2019 - 2:26 PM

The IPO is the linchpin of Crown Prince Mohammed bin Salman's plan to revamp Saudi Arabia's economy and wean it off a decades-long dependence on oil

SAUDI ARAMCO. In this file photo taken on January 25, 2016, Saudi and Foreign investors stand in front of the logo of Saudi state oil giant Aramco during the 10th Global Competitiveness Forum in the capital Riyadh. Photo by Fayez Nureldine/AFP

Ace Saatchi & Saatchi duo wins IMMAP Digital Young Creatives competition

Oct 30, 2019 - 5:01 PM

They’ll be representing PH in the 2020 Cannes Young Lions Digital competition

Silicon Valley visionaries headline DigiCon 2019

Oct 15, 2019 - 12:30 PM

Get to see Patty McCord, co-author of the Netflix Culture Deck, among others!

Creating the next digital pros: IMMAP holds Digital Youth Congress 2019

Oct 10, 2019 - 1:28 PM

Gen Z may have been born into digital. But can they tell why and how things work in this landscape?

Magalong prioritizes preservation of Baguio ‘heirlooms’

Sep 20, 2019 - 10:48 AM

Here are the first-term mayor's plans for the Asin mini-hydropower plants, Burnham Park, Baguio City Market

MAYOR IN ACTION. First-term Baguio City Mayor Benjamin Magalong shuts down a bar at Upper Session in his first week week in office in July 2019. Sourced photo

Synergy’s “The Next Frontier”: Getting ahead in the expectation economy

Sep 20, 2019 - 9:47 AM

The Consumer Insighting and Storytelling Conference covered approaches from various disciplines that use consumer insighting to address the evolving needs and wants of consumers

Fire hits Kalibo public market

Sep 15, 2019 - 8:20 PM

The initial cost of damage is pegged at P35 million. No casualties are reported.

A four-hour fire that razed market stalls inside the Kalibo public market in Kalibo, Aklan early Sunday morning, September 15, was declared out at 11:37 a.m. Photo by Boy Ryan B. Zabal

GP-Nagata to elevate the marketing game for Philippine businesses

Aug 27, 2019 - 11:26 AM

Game Plan Marketing Solutions, Inc. and AD Nagata announce collaboration to serve Philippine market

New Marikina market will accommodate displaced vendors, says mayor

Aug 19, 2019 - 1:51 PM

Marikina Mayor Marcelino Teodoro also plans to provide decent places and microfinancing for sidewalk vendors and ambulant vendors from nearby cities and municipalities

BAGONG SIBOL MARKET. The new market will house 100 vendors who will only be charged with minimal rent fees. Photo from Marikina PIO Facebook Page

Joy Belmonte condemns Cubao mall's disregard of QC Gender Fair ordinance

Aug 14, 2019 - 11:39 AM

This comes after the Farmer's Market mall in the Araneta Center blocked trans woman Gretchen Custodio Diez from using the women's restroom

FIRM STAND. Quezon City Mayor Joy Belmonte condemns the discrimination gainst Gretchen Custodio Diez. Photo by Quezon City Public Affairs Department

Marketing gone wrong: Angkas hit for 'like sex' promo tweet

Jul 31, 2019 - 9:39 PM

(UPDATED) 'We take full responsibility for the misstep,' says Angkas as it apologizes to the public for the tweet