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By The Financial District
Sep 18, 20242 min read
PSE Index Stays Above Resistance Level Despite Slight Drop
The Philippine Stock Exchange (PSE) index slightly declined to 7,155.90 points on Wednesday, down by 19.46 points or 0.27%.
By The Financial District
Sep 18, 20241 min read
Nearly PHP7 Billion Worth Of Projects Approved By PEZA In August
The Philippine Economic Zone Authority (PEZA) Board of Directors approved nearly PHP7 billion worth of new and expansion projects in August.
By The Financial District
Sep 18, 20242 min read
SM Prime and PH Competition Commission Join Forces To Promote Fair Market Competition
Property giant SM Prime Holdings Inc. (SMPH) has partnered with the Philippine Competition Commission (PCC) to launch a nationwide info...
By The Financial District
Sep 18, 20241 min read
ECB’s Simkus: Likelihood Of October Rate Cut "Very Small"
The likelihood of the European Central Bank (ECB) lowering interest rates again next month is minimal.
By The Financial District
Sep 18, 20241 min read
Mortgage Rates Fall To Lowest Level Since February 2023
The average rate on a 30-year fixed mortgage fell this week as potential homebuyers and investors await the Federal Reserve’s interest...
By The Financial District
Sep 18, 20241 min read
Oil Steadies Ahead Of Fed Decision
Oil prices were steady as global markets awaited a widely anticipated interest-rate cut by the Federal Reserve this week.
By The Financial District
Sep 18, 20241 min read
Gold May Dip If Fed Opts For 25 bps Cut
Gold may face a minor, near-term setback if the Federal Reserve opts for a 25-basis-point (bps) cut this week.
By The Financial District
Sep 18, 20241 min read
Philippine Bond Market Continues To Grow
The Philippines issued a total of PHP12.5 trillion (US$213.8 billion) in bonds during the second quarter of 2024.
By The Financial District
Sep 17, 20241 min read
Philippine Bond Market Continues To Grow
The Philippines issued a total of PHP12.5 trillion (US$213.8 billion) in bonds during the second quarter of 2024.
By The Financial District
Sep 17, 20241 min read
July Remittances Hit $3.43 Billion
Personal remittances from Overseas Filipinos (OFs) rose by 3.2% to US$3.43 billion in July 2024, compared to US$3.32 billion in July 2023.
By The Financial District
Sep 17, 20241 min read
Stocks Firm, Dollar Sags As Market Ups Bets On Big Fed Cut
Global stocks edged up for a sixth consecutive day on Monday, during a week that is almost certain to mark the beginning of an easing...
By The Financial District
Sep 17, 20242 min read
EV Demand Slows As Consumer Concerns Rise
The electric vehicle (EV) market, once on a steady growth trajectory, has hit a slowdown in major markets, particularly the US and much of..
By The Financial District
Sep 16, 20242 min read
PSE Index Seen To Breach Resistance Level
The Philippine Stock Exchange (PSE) index closed today at its highest point, reaching 7,104.20, up by 81.35 points or 1.16%, as analysts...
By The Financial District
Sep 16, 20241 min read
Belgians Pumped A Record €22-B Into Gov’t Bonds Last Year
Last year, the Belgian government made history by selling a record amount of debt directly to its citizens.
By The Financial District
Sep 16, 20241 min read
Japanese Firm Referred To Prosecutors For Importing North Korean Clams
A Japanese fishery product importer, along with its former representative director and two others, has been referred to prosecutors for...
By The Financial District
Sep 16, 20241 min read
US Workers Want Unions, Which May Save America’s Middle Class
Brian J. Hale, a unionist and CEO of an insurance business, asserts that employers and workers can align interests, but this will require...
By The Financial District
Sep 16, 20241 min read
Pope Francis Urges Fair Wages For Migrant Workers In Singapore
Pope Francis has urged political leaders in Singapore, a leading global financial hub, to seek fair wages for the country's million-plus...
By The Financial District
Sep 16, 20242 min read
Fed to Cut Rates By 25 Basis Points On Sept. 18, With Two More Cuts Expected in 2024
The Federal Reserve will lower interest rates by 25 basis points at each of the US central bank's three remaining policy meetings in 2024.
By The Financial District
Sep 16, 20243 min read
ADB’s New Partnership Strategy With The Philippines Unveiled
Finance Secretary and Asian Development Bank (ADB) Governor for the Philippines, Ralph G. Recto, welcomed the launch of ADB’s new country...
By The Financial District
Sep 14, 20242 min read
PSE Index Dips As It Gets Spooked By Market Volatility
The Philippine Stock Exchange (PSE) closed slightly lower Friday, ending at 7,022.85 points, down by 1.82 points or...
By The Financial District
Sep 13, 20241 min read
Mild Rate Cuts Are Coming From ECB And Fed, Experts Say
With inflation subsiding, the European Central Bank (ECB) is expected to cut interest rates again on Thursday to stimulate weak growth by...
By The Financial District
Sep 12, 20241 min read
Asian Shares Up On Wall Street Tech Boost
Asian shares bounced on Thursday, tracking a tech-driven rally on Wall Street, while the dollar held onto gains after US core inflation...
By The Financial District
Sep 12, 20242 min read
PSE Index Finally Hits Coveted Milestone Level
The Philippine Stock Exchange (PSE) Index today finally breached the coveted milestone level, closing at 7,024.67 points, up by 79.79...
By The Financial District
Sep 12, 20241 min read
DTI And Converge Join Hands To Empower MSMEs In Remote Areas Of The Philippines Through Digitalization
The Department of Trade and Industry (DTI) and Converge ICT Solutions, Inc. have signed a memorandum of understanding (MOU) to launch...
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