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By The Financial District
Aug 30, 20241 min read
U.S. Latinas Contributed $1.3 Trillion To The GDP
Latinas contributed $1.3 trillion to the US gross domestic product (GDP) in 2021, up from $661 billion in 2010, with a growth rate nearly...
By The Financial District
Aug 30, 20241 min read
Nvidia's Subdued Forecast Dampens Enthusiasm In AI Chip Stocks
Nvidia shares trimmed some losses in premarket trading on Thursday, rebounding from an earlier decline as investors remained confident in...
By The Financial District
Aug 30, 20242 min read
PSE Index Retreats Further
The Philippine Stock Exchange (PSE) index retreated further Thursday, dropping below a milestone level despite nearly a billion pesos in...
By The Financial District
Aug 29, 20242 min read
Canada Slaps 100% Tariff On China-Made EVs
Canada has announced that it is launching a 100% tariff on imports of Chinese-made electric vehicles (EVs), matching U.S. tariffs imposed...
By The Financial District
Aug 29, 20241 min read
Asian Stocks Slip As Chinese Earnings Rattle Investors
Asian equities slipped on Wednesday as weak corporate earnings in China raised fresh concerns over its struggling economy.
By The Financial District
Aug 29, 20241 min read
PSE Index Trips As It Ends Day At Lowest Point
The Philippine Stock Exchange (PSE) index declined by 15.40 points or 0.22% Wednesday, closing at 6,958.01, marking its lowest point as...
By The Financial District
Aug 28, 20241 min read
Investors Rush To Money Market Funds Before Fed Rate Cut
Investors funneled $37 billion into money market funds (MMFs) in the week leading up to Wednesday, Bank of America (BofA) said, as they...
By The Financial District
Aug 28, 20241 min read
China Tightens Its Grip On Antimony Exports, Alarming The U.S.
More than a year after China rattled the West by imposing export controls on gallium and germanium, two critical inputs in chipmaking...
By The Financial District
Aug 28, 20241 min read
Japanese Pharma Stocks Surge To Record Highs After Market Rout
Japanese pharmaceutical stocks have surged to record highs following a market downturn earlier this month, signaling investor preference...
By The Financial District
Aug 27, 20241 min read
Oil Traders Return To Options To Hedge Against Price Hike
Oil traders are returning to options contracts to hedge against the risk of a price spike as markets brace for a possible Iranian attack...
By The Financial District
Aug 27, 20241 min read
Stocks Stutter, Dollar Sags; Nvidia Earnings In Focus
Major share markets turned hesitant on Monday, while the dollar and bond yields sagged ahead of inflation data that could pave the way for..
By The Financial District
Aug 27, 20242 min read
PSE Index Inches Up But Falls Short Of Milestone
The Philippine Stock Exchange (PSE) index inched closer to the 7,000-point resistance level but fell short once again, closing at 6,973.41..
By The Financial District
Aug 27, 20241 min read
Swiss Finance Chief Criticizes U.S., Europe Over "Time Bomb" Debt Levels
Debt levels in the US and Europe pose a risk to international financial stability and to Switzerland, Swiss Finance Minister Karin Keller...
By The Financial District
Aug 27, 20242 min read
China Coal Plant Approvals Down 80% In First Semester
Approvals for new coal-fired power plants in China dropped sharply in the first half of this year.
By The Financial District
Aug 27, 20241 min read
Investors See 4 Rate Cuts From Fed After Powell Speech
Investors solidified bets on how deeply the Federal Reserve will cut interest rates this year after Fed Chairman Jerome Powell said that...
By The Financial District
Aug 26, 20241 min read
Rising UK Grocery Prices Fail To Dampen Wine Sales
Grocery price inflation has risen for the first time in more than a year, but this did not stop shoppers from splashing out on alcohol to...
By The Financial District
Aug 25, 20241 min read
Gold Price Skyrockets To Record High
A gold rush is here.
By The Financial District
Aug 25, 20242 min read
Railway Renaissance In Motion
The Philippines is on the cusp of a monumental transformation, one that promises to revolutionize its transportation landscape and usher...
By The Financial District
Aug 22, 20242 min read
PSE Index Nears 7,000-Point Level
The Philippine Stock Exchange (PSE) index closed near the coveted 7,000-point level, with foreign investors again becoming net buyers in...
By The Financial District
Aug 22, 20242 min read
PH Maintains Net Creditor Status In IMF Financing Transactions Plan
The Philippines has successfully maintained its net creditor position in the International Monetary Fund’s (IMF) Financial Transactions...
By The Financial District
Aug 22, 20242 min read
Netflix Expresses Support For VAT On Foreign Digital Service Providers
Netflix, the media streaming service offering a wide range of TV shows, movies, anime, and documentaries on thousands of internet...
By The Financial District
Aug 22, 20242 min read
PSE Index Fails To Stave Off Profit-Taking, Ends Day Down
The Philippine Stock Exchange (PSE) index fell again Wednesday as profit-taking activities resumed, leaving only the industrial sub-index...
By The Financial District
Aug 22, 20241 min read
DOT Proposes Establishment Of Special "Tourist Court"
The Department of Tourism (DOT) has proposed the establishment of a "24/7 special court" to facilitate the swift resolution of cases...
By The Financial District
Aug 21, 20241 min read
UK Insurers Urged To Make Quick Riot Damage Payouts
Ministers are urging insurance firms to pay out quickly to businesses damaged by this month's rioting.
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