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By The Financial District
Dec 10, 20241 min read
Germany To Invest €2 Billion In Semiconductor Sector
The German government has announced plans to invest billions of euros in its domestic semiconductor sector to bolster global...


By The Financial District
Dec 10, 20241 min read
U.S. Approves Export Of Advanced AI Chips To UAE Under Microsoft Deal
The US government has approved the export of advanced artificial intelligence (AI) chips to a Microsoft-operated facility in the United...


By The Financial District
Dec 10, 20241 min read
Chinese Firms Resist Adopting Domestic Semiconductor Solutions
Chinese companies are hesitant to adopt domestically produced chips despite extensive government-backed localization efforts.

By The Financial District
Dec 10, 20242 min read
PSE Index Falls Below Milestone Level
The Philippine Stock Exchange (PSE) index declined Monday, falling below a milestone level as foreign investors remained net sellers amid...


By The Financial District
Dec 9, 20241 min read
Scribe Slams Ramaswamy For Misunderstanding Rivian Loan
Electric vehicle startup Rivian scored a significant victory last month when the Biden administration approved a $6.6 billion loan to fund..


By The Financial District
Dec 9, 20241 min read
Chinese Chip Firms Say They Can Withstand New U.S. Export Curbs
Chinese chip companies targeted by Washington’s new export controls are accelerating supply chain localization and maintaining production...


By The Financial District
Dec 9, 20241 min read
China Bans Exports Of Gallium, Germanium, And Antimony To The U.S.
China has announced that it is banning exports of gallium, germanium, antimony, and other high-tech materials to the United States...


By The Financial District
Dec 9, 20241 min read
EU And Mercosur Finalize Historic Trade Agreement
After more than two decades of negotiations, the European Union and Mercosur countries—Argentina, Brazil, Paraguay, and Uruguay—have...


By The Financial District
Dec 7, 20241 min read
South Korea’s Export Growth Falls To 14-Month Low Amid U.S. Tariff Worries
South Korea's export growth slowed for the fourth consecutive month in November, reaching its weakest level in 14 months due to declining...


By The Financial District
Dec 7, 20241 min read
Belgium Grants Sex Workers Maternity Leave And Pensions Under Landmark Law
Belgium has introduced a world-first law granting sex workers official employment contracts, including rights to health insurance...


By The Financial District
Dec 7, 20241 min read
Bitcoin Value Breaches $100,000
Bitcoin has hit a record high above $100,000 as the election of Donald Trump as U.S. president fuels expectations of a favorable...

By The Financial District
Dec 6, 20241 min read
PSE Recovers Thursday Losses
The Philippine Stock Exchange (PSE) recovered its Thursday losses today, closing at its highest level of 6,729.14 points, up by 38.37...


By The Financial District
Dec 6, 20241 min read
Catholic Church Urges El Salvador Not To Lift Gold Mining Ban
The Roman Catholic Church has urged El Salvador's president not to lift the country’s ban on gold mining.


By The Financial District
Dec 6, 20241 min read
Asian Shares Slip Amid South Korea Turmoil And U.S. Rate Cut Uncertainty
Asian stocks fell as they were weighed down by political unrest in South Korea and investor anticipation of US payroll data, which could...


By The Financial District
Dec 6, 20241 min read
SNB Chief Says Swiss Industry Feels German Weakness
The current downturn in German industry is weakening demand in Switzerland's manufacturing sector.


By The Financial District
Dec 6, 20241 min read
Thousands of Italian Workers March To Demand Better Pay, Services
Thousands of teachers, healthcare workers, trash collectors, and others staged an eight-hour strike across Italy.


By The Financial District
Dec 5, 20241 min read
Hong Kong Now A Hub For Financial Crimes, U.S. Lawmakers Say
U.S. lawmakers have accused Hong Kong of becoming a center for financial crimes, including money laundering and sanctions evasion, under...


By The Financial District
Dec 4, 20241 min read
U.S. Ban On Exports To Semiconductor Toolmakers Hits China
The United States will launch its third major crackdown in three years on China's semiconductor industry, restricting exports to 140...


By The Financial District
Dec 4, 20241 min read
Okonjo-Iweala Wins Second Term As WTO Chief
World Trade Organization (WTO) chief Ngozi Okonjo-Iweala expressed eagerness to collaborate with U.S. President-elect Donald Trump and his..


By The Financial District
Dec 4, 20241 min read
Chinese Buyers Snap Up Crude Amid Reduced Iranian Oil Supply
Chinese independent refiners, known as "teapots," are buying oil from the Middle East and Africa as U.S. sanctions reduce the availability..


By The Financial District
Dec 4, 20241 min read
Trump’s Tariffs Could Push Up Prices, Ikea Warns
The CEO of the company behind Ikea warned that President-elect Donald Trump’s proposed tariffs could make it harder to keep prices low...

By The Financial District
Dec 3, 20242 min read
PSE Index Declines Amid Persistent Foreign Selling
The Philippine Stock Exchange (PSE) index declined today as foreign selling persisted, with investors showing varying levels of engagement..


By The Financial District
Dec 3, 20241 min read
Tech Stocks Drive Wall Street To New Records
Super Micro Computer saw a dramatic 28.7% increase in its stock value after an internal investigation cleared its management of misconduct..


By The Financial District
Dec 3, 20241 min read
Japan’s Minority Government Faces Budget And Reform Challenges In Extra Diet Session
Japan’s parliament began an extraordinary 24-day session to address a supplementary budget and revisions to political funds laws, marking...
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