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By The Financial District
Oct 7, 20242 min read
PH's Ranking In 2024 Global Innovation Index Highlights Gov't Drive For Innovation --- NEDA
The improved ranking achieved by the Philippines in the 2024 Global Innovation Index (GII) reflects the government's drive to foster a...
By The Financial District
Oct 7, 20242 min read
PSE Index Breaches -- Then Surpasses Resistance Level
The Philippine Stock Exchange (PSE) Index today breached its resistance level and even surpassed it, triggering profit-taking to close at...
By The Financial District
Oct 7, 20241 min read
Coffee Growers Seek To Delay EU Deforestation Requirement
The world’s leading coffee organization is preparing to request that the European Union (EU) delay a requirement that imported coffee...
By The Financial District
Oct 7, 20241 min read
U.S. Port Strike Disrupts Hamburger Supplies, Frozen Seafood
Dockworkers striking at U.S. East Coast and Gulf Coast ports are preventing imports of beef that restaurants and retailers increasingly ...
By The Financial District
Oct 7, 20241 min read
Ireland Agonizes Over Role Of Chinese Investments
The Irish economy has increasingly attracted Chinese investments, but is there a reputational cost?
By The Financial District
Oct 7, 20242 min read
Recto Pleased With Inflation Rate Data
Finance Secretary Ralph G. Recto welcomed the sharp drop in the country’s inflation rate to 1.9 percent in September 2024––the lowest in...
By The Financial District
Oct 6, 20241 min read
Bank Lending Rises
Data from the Bangko Sentral ng Pilipinas show that outstanding loans of universal and commercial banks (U/KBs), net of reverse repurchase..
By The Financial District
Oct 6, 20242 min read
IT-BPM Industry Set To Exceed 2024 Job Creation And Revenue Targets, Expanding PH Middle Class
The Information Technology and Business Process Management (IT-BPM) industry is on track to exceed its job creation and revenue targets...
By The Financial District
Oct 5, 20241 min read
BSP: Inflation Rate Down In September
Year-on-year headline inflation dropped to 1.9 percent in September, down from 3.3 percent in August.
By The Financial District
Oct 4, 20242 min read
Foreign Buying Puts PSE Index On Brink Of Resistance Level
The Philippine Stock Exchange (PSE) index today moved closer to its resistance level with a significant gain, despite losses in two sub...
By The Financial District
Oct 4, 20242 min read
Swine Fever Sweeps Italy’s North, Threatening Production Of Prosciutto
One of Giovanni Airoli’s sows tested positive for African swine fever in late August.
By The Financial District
Oct 4, 20241 min read
UBS Warns Against Big Increase In Capital Requirements
UBS Chairman Colm Kelleher has warned that Switzerland's plan to strengthen capital requirements for large banks could harm the country's...
By The Financial District
Oct 4, 20241 min read
China Rally Spurs $7 Billion Loss For Short Sellers Of U.S.-Listed Stocks
The recent rally in Chinese stocks, driven by government stimulus measures, has caused significant losses for traders shorting U.S.-listed..
By The Financial District
Oct 4, 20241 min read
Asian Shares Retreat From 32-Month Highs
Asian shares retreated from a 32-month peak on Thursday as the sizzling rally in Hong Kong took a breather, while Japan's Nikkei surged...
By The Financial District
Oct 4, 20242 min read
PSE Index Down Only Slightly Despite Closing At Lowest Level
The Philippine Stock Exchange (PSE) index closed Thursday at 7,388.92 points, its lowest level, down by 13.89 points or 0.19 percent...
By The Financial District
Oct 3, 20241 min read
Chinese Stocks Soar 7% In Hong Kong On Stimulus Bets
Chinese stocks listed in Hong Kong saw their biggest jump in nearly two years, driven by optimism surrounding economic stimulus measures.
By The Financial District
Oct 3, 20241 min read
World Shares Mixed Amid Escalating Middle East Tensions
Global markets were mixed on Wednesday, with European stocks mostly higher.
By The Financial District
Oct 3, 20241 min read
Taiwanese Firm Signs Registration Deal With PEZA For PHP70-M Facility In Batangas Ecozone
The Philippine Economic Zone Authority (PEZA) has announced the signing of a registration agreement with Taiwanese manufacturer EZconn for..
By The Financial District
Oct 3, 20242 min read
Mark Cuban Tells Billionaires: It’s Patriotic for You to Pay Huge Taxes
Mark Cuban believes billionaires are a product of boundless opportunity, and people should take pride in creating wealth because the money..
By The Financial District
Oct 2, 20242 min read
PSE Index Staves Off Profit-Taking To Close At A Gain
The Philippine Stock Exchange (PSE) index on Wednesday managed to post a small gain despite profit-taking, closing at 7,402.81 points, up...
By The Financial District
Oct 2, 20241 min read
Coffee Prices On The Boil As Natural Disasters Decimate Crops
Europe's coffee lovers are bracing themselves for higher prices as natural disasters hit the world's top two coffee-producing countries.
By The Financial District
Oct 2, 20241 min read
Argentina’s Poverty Rate Spikes In First Six Months Of Milei’s Shock Therapy
Argentina’s poverty rate surged from nearly 42% to 53% during the first six months of President Javier Milei’s term, reflecting the harsh...
By The Financial District
Oct 2, 20241 min read
Billionaire Ray Dalio Warns Of Threat To U.S. Democracy
Billionaire investor Ray Dalio, founder of the world’s largest hedge fund, Bridgewater Associates, has expressed concern that the 2024...
By The Financial District
Oct 1, 20242 min read
PSE Index Starts Month Strong As It Recovers Hitting A Milestone
The Philippine Stock Exchange (PSE) index bounced back today, recovering to a milestone level of 7,380.32 points, gaining 107.67 points or..
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