top of page
Search
By The Financial District
Oct 22, 20241 min read
U.S. Retail Sales Remain Economy’s Growth Engine
US retail sales strengthened in September beyond expectations, demonstrating resilient consumer spending that continues to drive economic...
By The Financial District
Oct 22, 20242 min read
China's Steel Demand Shrinks To Less Than 50% Of Global Total
China will account for less than half of global steel consumption in 2024 for the first time in six years, according to the World Steel...
By The Financial District
Oct 22, 20241 min read
One Of The Largest U.S. Solar Projects Opens In Texas
One of the largest solar projects in the US has opened in Texas, backed by what Google described as the largest solar electricity purchase..
By The Financial District
Oct 22, 20241 min read
Cuba Hit By Second Nationwide Blackout
Cuba experienced its second nationwide blackout over the weekend, just hours after officials announced that power was being slowly restored.
By The Financial District
Oct 22, 20241 min read
Yellen Says Trump’s High U.S. Tariff Plan "Deeply Misguided"
US Treasury Secretary Janet Yellen stated that walling off the US economy, as proposed by Republican presidential candidate Donald Trump...
By The Financial District
Oct 22, 20241 min read
World Markets Mixed After Another Winning Close On Wall Street
Global stock markets were mixed on Monday following record highs in the US markets, which capped off their latest winning week. US futures..
By The Financial District
Oct 22, 20242 min read
Powering the PH Economy: The Case for a Balanced Power Mix
The Philippines is at a critical juncture, where its growing economy demands an equally robust and reliable electricity supply.
By The Financial District
Oct 21, 20242 min read
World-Class Mega Transport Hub To Rise On GSIS Lot In QC
The Government Service Insurance System (GSIS) has announced the construction of a giant transport hub on its three-hectare property in...
By The Financial District
Oct 21, 20242 min read
PSE Index Trips On Low Volume
The Philippine Stock Exchange (PSE) index declined slightly Monday on thin trading volume, with local investors accounting for just eight...
By The Financial District
Oct 21, 20241 min read
Japan's Largest Labor Union To Aim For 5% Pay Hike Next Year
Japan's biggest labor union is set to demand pay hikes of 5% or more in next spring's annual wage negotiations, as it aims to sustain the...
By The Financial District
Oct 21, 20241 min read
Australia Cashes In On Beef Exports As U.S. Cattle Herd Shrinks
In a refrigerated room, around two dozen staff wearing hats, gloves, and blue plastic aprons carve and pack carcasses into boxes within...
By The Financial District
Oct 20, 20241 min read
Chinese Stocks Rise As PBOC Reinforces Market Support
Chinese stocks advanced on Friday following a series of positive announcements from the central bank, reinforcing its commitment to support.
By The Financial District
Oct 19, 20241 min read
China’s GDP, Buyback Plans Fuel Asia Stock Gains
European equity futures remained stable as traders scaled back their expectations for Federal Reserve rate cuts.
By The Financial District
Oct 19, 20241 min read
Catastrophe-Bond Funds See Risk Premiums Rising After Milton
The cost of issuing catastrophe bonds is expected to increase as asset managers specializing in these securities react to the impact of...
By The Financial District
Oct 18, 20242 min read
PSE Index Recovers As Bullish Sentiments Prevail
The Philippine Stock Exchange (PSE) index recovered today, closing slightly higher at 7,415.73 points, up by 15.40 points or 0.21 percent...
By The Financial District
Oct 18, 20241 min read
U.S. Chip Stocks Rally As TSMC's AI-Backed Outlook Impresses
US chip stocks rose before the bell on Thursday after industry bellwether TSMC's strong sales forecast boosted investor optimism about...
By The Financial District
Oct 18, 20242 min read
PBBM Highlights PH’s Rich Mineral Resources, Calls For Mining Fiscal Reforms
President Ferdinand Marcos Jr. highlighted the Philippines’ abundant critical mineral resources—especially those in demand as the world...
By The Financial District
Oct 18, 20242 min read
DA Secretary Laurel Highlights PH’s Commitment To Achieving Zero Hunger
The Philippines remains committed to its goal of achieving zero hunger as the Marcos Administration continues to implement strategic...
By The Financial District
Oct 18, 20241 min read
Starmer Defends UK Workers' Rights As "Pro-Growth"
British Prime Minister Keir Starmer has defended the government's plans to overhaul and expand workers' rights as "pro-growth" and told a...
By The Financial District
Oct 18, 20242 min read
Loss and Damage Fund Board Set To Meet In PH In December
The Board of the Loss and Damage Fund, the body mandated to lead the management of funds to assist climate-vulnerable developing countries..
By The Financial District
Oct 18, 20242 min read
PSE Index Down Anew
The Philippine Stock Exchange (PSE) index slid further Thursday after profit-taking prevented it from climbing above the 7,500-point...
By The Financial District
Oct 17, 20241 min read
Stocks Slide In Reality Check From Big Cap Earnings
Global stocks fell on Wednesday after gloomy results from European heavyweights LVMH and tech company ASML dented sentiment, while the...
By The Financial District
Oct 17, 20242 min read
BSP Reduces Policy Rates By 25 bps
The Monetary Board decided to reduce the BSP’s Target Reverse Repurchase (RRP) Rate by 25 basis points to 6.0 percent.
By The Financial District
Oct 17, 20241 min read
Vital Mindanao Road Project Approved By NEDA Board
The National Economic and Development Authority (NEDA) Board, chaired by President Ferdinand R. Marcos Jr., has approved another vital...
bottom of page