Philippine stocks plunged to a multi-year low on Monday as markets reeled from US President Trump’s sweeping new tariffs, triggering a selloff that wiped out nearly P690 billion in value by the closing bell.
As global businesses brace for the fallout of the US-China trade war, D&L Industries sees an opening—turning market tensions into new opportunities for growth.
Ayala’s global manufacturing business, Integrated Micro-Electronics Inc. (IMI), continues to struggle as it shuts down its Chengdu, China facility to reduce costs as US President Donald Trump’s trade war threat looms over the world’s second-largest economy.