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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...
By The Financial District
Oct 17, 20242 min read
Emerging Markets Set To Drive Global Economic Growth By 2035, S&P Global Report Reveals
S&P Global’s latest research highlights the pivotal role that emerging markets, including the Philippines, are expected to play in shaping..
By The Financial District
Oct 17, 20242 min read
Hotel Industry Action Plan To Position PH As Premier Hospitality Hub Unveiled
The Department of Tourism (DOT) has unveiled the Philippine Hotel Industry Strategic Action Plan (PHISAP) 2023-2028, outlining a blueprint..
By The Financial District
Oct 17, 20241 min read
Three US Economists Win Nobel Prize
The Nobel Memorial Prize in Economic Sciences was awarded Monday to Daron Acemoglu, Simon Johnson, and James A. Robinson for their...
By The Financial District
Oct 17, 20242 min read
PSE Index Down Again, But Only Slightly
The Philippine Stock Exchange (PSE) index declined slightly Wednesday due to profit-taking, with market bellwether SM Investments closing...
By The Financial District
Oct 16, 20241 min read
Biden Pledges $500 Million To Restore Florida Power
President Joe Biden visited the Tampa area of Florida to conduct an aerial tour of the destruction caused by Hurricane Milton, the second...
By The Financial District
Oct 15, 20241 min read
Asian Stocks Rise With Tech Leading
Shares in Asia and European equity futures climbed after another record high on Wall Street, fueled by technology shares.
By The Financial District
Oct 15, 20242 min read
PSE Index Roars Back To Life
he Philippine Stock Exchange (PSE) index roared back to life today, closing near its resistance level and returning to the 7,500 range.
By The Financial District
Oct 15, 20241 min read
ECB Set To Deepen Global Easing With Rate Cut It Didn’t Expect
The European Central Bank (ECB) will likely advance the global push for monetary easing in the coming week with an interest-rate cut that...
By The Financial District
Oct 15, 20241 min read
Chinese Stocks Climb For Best Gain In A Week
Chinese stocks overcame early volatility to post their biggest gain in a week on Monday, October 14, 2024, suggesting that investors are...
By The Financial District
Oct 14, 20242 min read
Mexico’s New President Promises To Resume Fight Against Climate Change
In her first days as Mexico’s new president, Claudia Sheinbaum made a point of distancing herself from the fossil fuel reliance promoted...
By The Financial District
Oct 14, 20242 min read
Israel’s Economy Is Paying A High Price For Its Widening War
In late September, as Israel’s nearly year-long war widened and its credit rating was downgraded again.
By The Financial District
Oct 14, 20242 min read
Vietnamese Durian Farmers Threatened By Climate Change, Saltwater Intrusion
As Southeast Asia battles heatwaves and drought, Vietnamese farmers of the “king of tropical fruits” are increasingly concerned about the...
By The Financial District
Oct 14, 20241 min read
Survey Finds Majority Of Swing State GOP Reject Trump Tariff Proposal
While Kamala Harris has proposed closing tax loopholes for some large corporations and providing support for specific areas of the many...
By The Financial District
Oct 14, 20241 min read
Brussels Breaks Impasse As EU Members Fail To Approve Chinese EV Tariffs
Chinese producers of electric vehicles will soon face steep tariffs before selling their high-end products in the European Union market.
By The Financial District
Oct 14, 20241 min read
New U.S. Jobs Soar To 254,000, Beating Forecasts By 100,000
The U.S. added 254,000 jobs last month, according to nonfarm payroll data released Friday morning by the Labor Department, marking the...
By The Financial District
Oct 14, 20241 min read
UK Pledges Nearly £22 Billion For Carbon Capture Projects
The British government has pledged nearly £22 billion for projects to capture and store carbon emissions from energy, industry, and hydo...
By The Financial District
Oct 14, 20241 min read
Debt To Rise $3.5 Trillion Under Harris; Trump Will Increase It To $15.2 Trillion
A new analysis of Kamala Harris’ and Donald Trump’s economic plans indicates that both would lead to higher deficits.
By The Financial District
Oct 14, 20241 min read
Top Energy Strategist Predicts Fossil Fuel Peak To End Within The Decade
Jarand Rystad, founder of Oslo-based Rystad Energy, an independent research and energy intelligence company, believes the end of fossil...
By The Financial District
Oct 12, 20241 min read
Dow and S&P 500 Notch Record Highs As Earnings Season Kicks Off
The Dow and S&P 500 reached new highs on Friday, with the broader index closing above 5,800 for the first time as major U.S. banks...
By The Financial District
Oct 12, 20241 min read
The Fed May Have Just Hit Its 2% Inflation Target
This week’s inflation data provided more evidence that the Federal Reserve is nearing its objective, following the central bank’s...
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