Category Archives: finance

T-bill rates up ahead of inflation data, BSP meet

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MANILA, Philippines – Yields on short-dated government debts went up during Monday’s sale of Treasury bills (T-bills) as investors await the inflation data and the central bank’s next policy decision this week. Auction results showed the Bureau of the Treasury was able to raise its target amount of P22 billion via T-bills. READ: Sept. inflation Continue reading T-bill rates up ahead of inflation data, BSP meet→

As problems compound, Q2’s modest revenue growth won’t move the needle for battered IT stocks

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The IT sector is poised for modest sequential revenue growth in Q2 FY26, hampered by continued client caution on discretionary spending and rising US protectionism. Continue reading As problems compound, Q2’s modest revenue growth won’t move the needle for battered IT stocks→

Maynilad secures UK support for IPO

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MANILA, Philippines – Maynilad Water Services Inc. has secured the support of the United Kingdom for its upcoming stock market debut, signaling strong demand for what would be the country’s largest—and last—initial public offering (IPO) this year. In its preliminary prospectus dated Oct. 3, Maynilad said it now had a cornerstone investment agreement with the Continue reading Maynilad secures UK support for IPO→

BioCryst Sells European ORLADEYO Business for $250M Upfront to Focus on US Market

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BioCryst Pharmaceuticals Inc. (NASDAQ:BCRX) is one of the best stocks to buy under $20. On October 1, BioCryst Pharmaceuticals announced the successful completion of the previously announced sale of its European ORLADEYO (berotralstat) business to Neopharmed Gentili. The transaction is valued at $250 million upfront, subject to customary purchase price adjustments, with the potential for […] Continue reading BioCryst Sells European ORLADEYO Business for $250M Upfront to Focus on US Market→

American Tower Subsidiary CoreSite Expands NY Data Center Foot

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American Tower (NYSE:AMT) is one of the best American stocks to buy and hold for the next 3 years. On September 25, CoreSite, which is an American Tower company that handles critical business and AI workloads through interconnected data center solutions, announced the completion and launch of its newest data center facility, NY3. This purpose-built […] Continue reading American Tower Subsidiary CoreSite Expands NY Data Center Foot→

UCO Bank’s Q2 update: Total-business surges 13% to ₹5.37L crore

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State-owned UCO Bank has announced a strong financial performance for the quarter ending September 30, 2025. Continue reading UCO Bank’s Q2 update: Total-business surges 13% to ₹5.37L crore→

UCO Bank’s Q2 update: Total-business surges 13% to ₹5.37L crore

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State-owned UCO Bank has announced a strong financial performance for the quarter ending September 30, 2025. Continue reading UCO Bank’s Q2 update: Total-business surges 13% to ₹5.37L crore→

Stocks rise on AI optimism, US rate-cut hopes

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NEW YORK, United States – Stock markets struck fresh records Friday, driven by investor optimism over artificial intelligence and hopes of US interest rate cuts, which overshadowed concerns about an ongoing government shutdown. Wall Street’s main indices were mixed at the end of the day, although the Dow and S&P 500 notched fresh records. READ: Continue reading Stocks rise on AI optimism, US rate-cut hopes→

I-T department slaps ₹23cr fine on this Adani Group firm

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The Income Tax (I-T) department has slapped a 23. 07 crore fine on ACC Ltd, a subsidiary of Ambuja Cement under the Adani Group. Continue reading I-T department slaps ₹23cr fine on this Adani Group firm→

Financial condition of Karnataka worsened due to five guarantees, says Gowda

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Financial condition of Karnataka worsened due to guarantees, says Ex-PM Deve Gowda. The five guarantee schemes are Gruha Jyothi, Gruha Lakshmi, Anna Bhagya, Yuva Nidhi, Shakti. Continue reading Financial condition of Karnataka worsened due to five guarantees, says Gowda→