The Market Monitor Minding the Nation's Business

Teaser: During the weekend, many of the world’s important central bankers met in Jackson Hole, where the opening speech was awaited with much excitement in the financial markets.

Senator Francis Escudero was humbled by President Rodrigo Duterte naming him as his preferred successor if he pushes through with plans to step down from the presidency.

Port operator International Container Terminal Services, Inc. (ICTSI) continues to touch the lives of communities within its Papua New Guinea operations as wholly-owned subsidiary Motukea International Terminal (MIT) donated school equipment to the Baruni Primary School in the Motu-Koitabu village in Port Moresby.

Liveaboard ships, which are really floating hotels packed with dive gear, compressors, tanks, chase boats and the dive pros are the only way divers can access this marine park.

Just two days after making an initial decision not to allow Jordan Clarkson to play in the Asian Games, the NBA made a 360-degree turn.

A German investment company said it would strip two unwanted Airbus A380 superjumbo passenger jets for parts after failing to find an airline willing to keep them flying following a decision by Singapore Airlines not to keep them in service.

Local automotive manufacturers and importers will review their vehicle pricing scheme while adjusting industry sales targets for 2018, after a experiencing a slump in sales in the first half after the implementation of a new tax law and the weakness of the peso.

Bulacan officials expressed their full support to the road network expansion plans of NLEX Corporation (NLEX) and the Department of Public Works and Highways (DPWH), which propose to build new access roads to ease traffic congestion and improve travel convenience throughout Bulacan.

Ecodyip Inc. plans to expand its business by investing P2.2 billion in new modernized jeepneys to be deployed in new routes.

There is one economic situation that any investor always dreams of, it is named after the American adventurous figure “Goldilocks” – in the financial markets, it means that stocks are rising, bond yields and inflation are low, and all investors go unworried to bed every night – that’s the feeling on Wall Street right now.