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By The Financial District
Dec 24, 20241 min read
Granholm Warns Against "Unfettered Exports" Of LNG
The United States should proceed cautiously in approving new natural gas export terminals.


By The Financial District
Dec 24, 20242 min read
DOF Secures Concessional Financing For "Build Better More" Program
The Department of Finance (DOF) has successfully negotiated concessional funding through official development assistance (ODA) for the...


By The Financial District
Dec 24, 20243 min read
Energy Partnership Among Tycoons Gets Nod From PH Competition Commission
The Philippine Competition Commission (PCC) has approved a groundbreaking partnership among three of the country’s top conglomerates.


By The Financial District
Dec 23, 20242 min read
Each Filipino Owes ₱823,876 As National Debt Rises
As of the end of September 2024, the debt of each Filipino amounts to ₱823,876, based on a total external debt of $139.64 billion and a...

By The Financial District
Dec 23, 20242 min read
PSE Index Surges On Foreign Buying
The Philippine Stock Exchange (PSE) index surged Monday, with all sub-indices posting substantial gains buoyed by foreign buying.


By The Financial District
Dec 23, 20241 min read
U.S. Retail Sales Rise At A Healthy Pace In November
Consumers increased their spending at retail stores in November, providing a boost to the economy as the winter holiday shopping season...


By The Financial District
Dec 23, 20241 min read
Retreat From World’s Largest Auto Market Has Begun: CNN
It wasn’t long ago that China was the largest and most profitable market for General Motors (GM).


By The Financial District
Dec 23, 20241 min read
Bank of England Keeps Rates Steady Amid Wider Policy Split
The Bank of England (BoE) has held its main interest rate steady at 4.75%.


By The Financial District
Dec 21, 20241 min read
European Carmakers Raising Prices Of Gasoline-Fed Cars
uropean automakers are increasing the prices of gasoline-powered cars and preparing discounts on electric vehicles (EVs) as they brace for..


By The Financial District
Dec 21, 20241 min read
Norway To Cut Energy Links With EU Amid Soaring Prices
Norway's energy minister, Terje Aasland, has expressed outrage at the country's skyrocketing electricity prices, which are now six times...

By The Financial District
Dec 20, 20242 min read
PSE Index Reaches Milestone Level
The Philippine Stock Exchange (PSE) index moved up to a milestone level Friday on bargain hunting but still exhibited a bearish sentiment...


By The Financial District
Dec 20, 20241 min read
Scandi Wines Hope To Win Over Drinkers As European Rivals Fret
Hundreds of commercial vineyards now dot Denmark, Sweden, and even Norway, as the first generation of professional winemakers transforms...


By The Financial District
Dec 20, 20241 min read
China's Weak Consumption Drags On Economy
China's industrial output growth slightly accelerated in November, but retail sales underperformed, maintaining pressure on Beijing to...


By The Financial District
Dec 20, 20241 min read
Food Prices Are On The Rise Again, But Consumers Shouldn’t Panic
The “egg-flation” and sudden price hikes in certain food categories reflect isolated incidents rather than systemic inflation.


By The Financial District
Dec 20, 20241 min read
Milan's Via Monte Napoleone Now World's Most Upscale Shopping Street
Shoppers laden with bags from Fendi, Loewe, Prada, and other designer labels crowd the narrow sidewalks of Milan’s most luxurious shopping..


By The Financial District
Dec 20, 20242 min read
U.S. Stocks Fall, Dow Tumbles As Fed Signals Fewer Rate Cuts In 2025
U.S. stocks suffered one of their worst days of the year after the Federal Reserve indicated that it may deliver fewer rate cuts in 2025...


By The Financial District
Dec 20, 20241 min read
TPP With UK Takes Effect As Japan Hopes To Expand Free Trade
The accession of Britain to a trans-Pacific free trade pact, which includes member countries with ties to the region, has taken effect...


By The Financial District
Dec 19, 20241 min read
Higher California Minimum Wage Cuts Jobs, Claims Columnist
California Governor Gavin Newsom may have hoped the $20 minimum wage hike he signed into law last year for most fast-food workers would...


By The Financial District
Dec 19, 20241 min read
U.S. Sanctions Stunt Iranian Crude Flows To China
Iranian crude exports to China have been disrupted by expanded US sanctions on tankers, squeezing oil flows to the OPEC producer’s most...


By The Financial District
Dec 19, 20242 min read
Aboitiz Infra, Others Lauded For Advancing PPP Infrastructure Projects
Finance Secretary Ralph G. Recto highlighted the recent signing of agreements to launch five Public-Private Partnership (PPP)...


By The Financial District
Dec 19, 20241 min read
Canada’s Deficit Soars As Finance Minister Resigns
Prime Minister Justin Trudeau’s government reported a significantly larger deficit than anticipated, breaking a fiscal promise made by...


By The Financial District
Dec 19, 20241 min read
Fitch Ratings Lauds BSP Inflation Handling
Fitch commended the progress in reducing inflation in the Philippines, which averaged 3.2 percent in the first 11 months of 2024 compared...


By The Financial District
Dec 19, 20241 min read
Fresh Fin Whale Meat Auctioned For The First Time In Decades In Japan
Meat from fin whales, caught for the first time in nearly 50 years off Japan’s northern coast, fetched prices exceeding $1,300 per...

By The Financial District
Dec 19, 20242 min read
PSE Index Collapses Below Support Level
The Philippine Stock Exchange (PSE) index collapsed Wednesday below its support level during another day of net foreign selling, dampening..
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