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By The Financial District
Jan 151 min read
Biden Administration Proposes New Rules On AI Chip Exports
The Biden administration has unveiled a proposed framework for regulating the export of advanced computer chips used in artificial...


By The Financial District
Jan 141 min read
U.S. Intensifies Sanctions On Russian Oil
The Biden administration has announced sweeping new sanctions targeting Russia’s oil sector, including major companies like Gazprom Neft...

By The Financial District
Jan 142 min read
PSE Index Continues To Plummet
The Philippine Stock Exchange (PSE) index continued its decline today, closing at 6,299.67 points—a drop of 43.43 points or 0.68%.


By The Financial District
Jan 141 min read
Japan Ramen Eateries Hit Record Bankruptcies Amid Rising Costs
A record number of ramen eateries in Japan went bankrupt in 2024 as rising ingredient, utility, and labor costs outpaced price adjustments.


By The Financial District
Jan 141 min read
Canada Threatens Retaliatory Tariffs On U.S. Orange Juice, Steel
Canada is preparing to impose retaliatory tariffs on American orange juice, toilets, and certain steel products if Donald Trump follows...


By The Financial District
Jan 141 min read
AI Spurs 41% Of Companies Worldwide To Reduce Workforces By 2030
Artificial intelligence (AI) is set to revolutionize labor markets, with 41% of companies planning workforce reductions due to automation.


By The Financial District
Jan 141 min read
Reeves Defends China Visit, Hails £600-M Boost To UK
Chancellor Rachel Reeves has defended her visit to China, aimed at improving economic ties, amidst rising government borrowing costs that...


By The Financial District
Jan 141 min read
Oil Hits Five-Month High As U.S. Sanctions Disrupt Russian Supply
Oil prices surged to their highest level in five months as sweeping US sanctions against Russia’s energy industry threatened to curtail...


By The Financial District
Jan 141 min read
Crypto Isn’t Really An Asset Like Gold, Says SF Fed Chief
Crypto should be regarded as its own asset class rather than compared to gold.


By The Financial District
Jan 141 min read
Japan Firms Offer More Perks To Attract Skilled Foreign Workers
As labor-strapped Japan faces a growing exodus of foreign workers due to low wages and other employment challenges, some companies are...


By The Financial District
Jan 141 min read
U.S. Longshoremen Cut Deal With Ports, Shippers To Avert Strike
The h (ILA) reached a tentative six-year contract agreement with the US Maritime Alliance (USMA), averting a potential strike that could...


By The Financial District
Jan 131 min read
Chinese Money Rushes Offshore Via HK Mutual Funds
Chinese investors are pouring significant funds into Hong Kong mutual fund products that invest overseas, particularly in bonds, following..

By The Financial District
Jan 132 min read
PSE Index Crashes To New Low
The Philippine Stock Exchange (PSE) index today crashed to a new low, declining below its support level of 6,400 points.


By The Financial District
Jan 131 min read
Bitcoin Falls As Scaramucci Warns Of Further Decline Under Trump
Bitcoin continued its decline, hitting its lowest levels since November and trading as low as $91,600.


By The Financial District
Jan 131 min read
Small, Midsize Firms Crucial For Japan's Wage Hikes: Business Leader
Small- and medium-sized enterprises (SMEs) hold the "key" to raising wages across Japan during the upcoming annual wage negotiations.


By The Financial District
Jan 101 min read
Private Forecaster Estimates LA Wildfire Loss At Over $50 Billion
The California wildfires in Los Angeles, among the most destructive in history, have caused an estimated $50 billion in damage and eco...

By The Financial District
Jan 102 min read
PSE Index Retreats Anew
The Philippine Stock Exchange (PSE) index retreated again today in tepid volume, with foreigners remaining net sellers.


By The Financial District
Jan 101 min read
Weak Dong Pushes U.S. Trade Deficit With Vietnam To $110 Billion
The US trade deficit with Vietnam surpassed $110 billion in the first 11 months of 2024.


By The Financial District
Jan 101 min read
Malaysia and Singapore Launch Joint Special Economic Zone
Malaysia and Singapore have agreed to establish a joint special economic zone to enhance investment and facilitate cross-border trade and...


By The Financial District
Jan 101 min read
Biden Bans Oil Drilling In 625 Million Acres Of Offshore Areas
President Joe Biden has invoked the 1953 Outer Continental Shelf Lands Act (OCSLA) to protect 625 million acres of offshore areas from...


By The Financial District
Jan 101 min read
Canada Aims To Become World's Leading Uranium Producer
Canada is ramping up uranium production to surpass Kazakhstan, which currently accounts for 22% of global output.


By The Financial District
Jan 101 min read
Germany’s Corporate Earnings Poised To Grow Despite Challenges
Germany faces economic headwinds, including a struggling automotive sector, rising unemployment, and a pivotal snap election in February.


By The Financial District
Jan 91 min read
Crude Oil Prices Hit Three-Week High Over Supply Fears
Crude oil prices rose to a three-week high amid mounting concerns over supply disruptions and increasing demand.

By The Financial District
Jan 92 min read
PSE Index Bounces Back
The Philippine Stock Exchange (PSE) index recovered Thursday, gaining 14.85 points, or 0.23 percent, to close at 6,511.57 points as it see..
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