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By The Financial District
Sep 5, 20241 min read
Wall St. Ticks Up Modestly Ahead Of Sept. 6 Jobs Report
Wall Street is leaning toward modest gains before the opening bell on Thursday following back-to-back sell-offs to kick off a month that’s..
By The Financial District
Sep 5, 20241 min read
Japan Jobless Rate Up In July As Workers Seek Better Conditions
Japan's unemployment rate rose to 2.7% in July, up from 2.5% in the previous month, marking the first deterioration in five months.
By The Financial District
Sep 5, 20242 min read
AboitizPower Pushes For Energy Security
Aboitiz Power Corporation (AboitizPower), one of the Philippines' largest power producers, emphasizes the need for long-term planning and...
By Reggie Vizmanos
Sep 4, 20242 min read
New Iloilo And Batangas Ecozones Seen To Produce Over PHP1 Billion In Investments And Nearly 70,000 Jobs
The new ecozones in Iloilo and Batangas, recently proclaimed by President Ferdinand R. Marcos Jr., are projected to attract a combined...
By The Financial District
Sep 4, 20242 min read
PSE Index Down On U.S. Cues
The Philippine Stock Exchange (PSE) index declined for the third consecutive day, following cues from the US as the Dow Jones fell due to...
By The Financial District
Sep 4, 20241 min read
Traders See 33% Chance Of A Super-Sized U.S. Rate Cut
The big event of the week is likely to be the US non-farm payrolls report on Friday, which is expected to show that the world’s largest...
By The Financial District
Sep 4, 20242 min read
U.S. Industry Seeks Easing Of Steep Biden China Tariff Hikes
The Biden-Harris administration is expected to announce final implementation plans this week for steep tariff increases on certain Chinese..
By The Financial District
Sep 4, 20241 min read
Americans Set To Spend $39 Billion On Back-to-School Shopping This Year
Americans are expected to spend $39 billion on back-to-school shopping this year, a slight decrease from last year’s record $41.5 billion.
By The Financial District
Sep 4, 20241 min read
Asian Markets Trading Mixed While Investors Await Key U.S. Jobs Report
Asian shares traded mixed on Tuesday as investors looked ahead to a key report on US employment set for release later in the week.
By The Financial District
Sep 4, 20242 min read
Traditional Retailers' Share To GDP Expected To Surge To 20% In 2024
The Philippine Retailers Association (PRA) remains optimistic that their sector will steadily contribute to the Philippine economy, with...
By The Financial District
Sep 3, 20242 min read
PSE Index Retreats
The Philippine Stock Exchange (PSE) index retreated below a key milestone today as investors cashed in on their gains.
By The Financial District
Sep 3, 20241 min read
U.S. Growth For Last Quarter Revised Up To A Solid 3% Annual Rate
The US economy grew last quarter at a healthy 3% annual pace, fueled by strong consumer spending and business investment.
By The Financial District
Sep 2, 20242 min read
PSE Index Welcomes "Ber" Months Up Slightly
The Philippine Stock Exchange (PSE) index closed slightly higher today as investors remained cautious, awaiting further news on the U.S....
By The Financial District
Sep 2, 20241 min read
Fewer Americans Filed For Jobless Claims Last Week
The number of Americans filing for unemployment benefits fell slightly last week as the US labor market remains healthy despite high...
By The Financial District
Sep 2, 20241 min read
Japan Industrial Output In July Up 2.8% On Chip Equipment Rise
Japan's industrial output in July grew by 2.8% from the previous month as the production of semiconductor equipment and electrical devices..
By The Financial District
Sep 2, 20241 min read
China’s Two Richest People Lose Billions In Stock Rout
Record-breaking stock selloffs in two of China’s biggest consumer companies erased more than $16 billion from the fortunes of the nation’s..
By The Financial District
Sep 2, 20241 min read
Bank Loans Rise 10.4% In July
Preliminary data indicated that outstanding loans of universal and commercial banks (U/KBs), net of reverse repurchase (RRP) placements...
By The Financial District
Sep 2, 20242 min read
Foreign Investments Higher By $1.38 Billion In July
Transactions on foreign investments registered with the BSP, through authorized agent banks, in July 2024 recorded net inflows of US$1,38...
By The Financial District
Sep 1, 20242 min read
Saudi Fund’s Pivot Is Only Half-Complete, Reuters Columnist Says
Among the world’s major sovereign wealth vehicles, Saudi Arabia’s Public Investment Fund (PIF) has always had an unusually local focus...
By The Financial District
Sep 1, 20241 min read
Nvidia's Subdued Forecast Dampens Enthusiasm In AI Chip Stocks
Nvidia shares recently pared some losses in premarket trading, recovering from an earlier decline as investors remained confident in the...
By The Financial District
Aug 31, 20242 min read
PSE Index Ekes Out Gain To End Month In The Green
The Philippine Stock Exchange (PSE) index Friday posted a small gain as traders recalibrated their holdings at the end of the month...
By The Financial District
Aug 31, 20242 min read
VAT Refund For Tourists Pushed
The Philippines' drive to become Asia's shopping hub could receive a significant boost if the government fully implements an electronic...
By The Financial District
Aug 30, 20241 min read
Aussie Homeowners Struggling To Afford Insurance
Home insurance is becoming unaffordable for a growing number of Australian households as increased climate threats drive up premiums...
By The Financial District
Aug 30, 20241 min read
Spanish Farmers Criticize Supermarkets For Inflating Olive Oil Prices
Spanish olive oil producers say big supermarkets are making huge profits at the expense of consumers by marking up prices by 59% over the...
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