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Megawide raises dividend ceiling to 50%

MANILA, Philippines – Megawide Construction Corp. has raised its dividend allocation ceiling to 50 percent of its net income the previous year amid expectations of its profit tripling by 2027. The company led by tycoon Edgar Saavedra on Monday said in a disclosure that its board of directors had increased the maximum allowable dividend cash

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Tech giants help lift US stocks to fresh records

NEW YORK, United States – Gains by tech giants Nvidia, Apple and Oracle helped propel US equity indices to fresh records Monday, overcoming early weakness and concerns the market could be overvalued. For the third straight session, all three major indices powered to new all-time peaks, led by the tech-rich Nasdaq Composite Index, which finished