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By The Financial District
Oct 30, 20241 min read
Oil Falls 5% On Reduced Risk Of Wider Mideast War
Oil prices tumbled by around $4 a barrel on Monday after Israel's retaliatory strike against Iran's military on Saturday bypassed oil and...


By The Financial District
Oct 30, 20241 min read
Global Shares Rise After Wall St. Climbs On Big Tech Gains
Global shares mostly rose on Tuesday after U.S. stocks closed broadly higher, with gains in Big Tech companies offsetting a decline in oil..

By The Financial District
Oct 30, 20242 min read
PSE Index Posts Hefty Decline
The Philippine Stock Exchange (PSE) Index posted a significant decline Tuesday, with all the sub-indices ending the day in the red...


By The Financial District
Oct 29, 20241 min read
Russia’s Central Bank Raises Interest Rate To 21% To Fight Inflation
Russia’s central bank has raised its key interest rate by two percentage points to a record-high 21% to combat rising inflation as...


By The Financial District
Oct 29, 20241 min read
Lower-Priced New Cars Gaining Popularity, Not Just For Cash-Poor U.S. Buyers
Michelle Chumley could have afforded a more expensive new SUV loaded with options, but when it came time to replace her Chevrolet Blazer...


By The Financial District
Oct 29, 20241 min read
Wall St. Rises Ahead Of Big Week For Big Tech
U.S. stocks approached record levels Monday ahead of a significant week for profit reports from Big Tech stocks.


By The Financial District
Oct 28, 20241 min read
Germany Bets On India To Reduce Reliance On China
Chancellor Olaf Scholz is leading a high-level delegation to New Delhi this week, betting that increased access to the vast Indian market...

By The Financial District
Oct 28, 20242 min read
PSE Index Weathers Volatile Trade To Eke Out A Rise
The Philippine Stock Exchange (PSE) index Monday experienced a roller-coaster ride, hitting a milestone low before recovering later in...


By The Financial District
Oct 28, 20242 min read
World Bank Group To Boost Philippine Agriculture Sector
Finance Secretary Ralph G. Recto kicked off the 2024 World Bank-International Monetary Fund (WB-IMF) Annual Meetings in Washington, D.C...


By The Financial District
Oct 28, 20241 min read
Israel GDP Growth Revised Down To 0.3% As Gaza War Hits Economy
Israel's economy grew more slowly in the second quarter than previously estimated.


By The Financial District
Oct 27, 20241 min read
World Stocks Mixed As Japan’s Nikkei Falls
Global stock markets showed mixed results on Friday, with European markets opening lower while most Asian stocks advanced.


By The Financial District
Oct 27, 20241 min read
Union’s Rejection Of Boeing Contract Threatens Jobs Among Aerospace Suppliers
The recent rejection of Boeing's latest contract offer by striking workers poses a new risk to operations at aerospace suppliers...

By The Financial District
Oct 26, 20242 min read
PSE Index Closes Rough Week In Recovery Mode
The Philippine Stock Exchange (PSE) index rebounded Friday, climbing 30.44 points or 0.42% to close at 7,314.23 points.


By The Financial District
Oct 25, 20241 min read
Tokyo Metro IPO Surges 47.3% In Japan's Biggest Debut In 6 Years
Tokyo Metro Co. had a remarkable debut on the Tokyo stock market, with its shares surging 47.3% above the offering price of 1,200 yen...


By The Financial District
Oct 25, 20242 min read
World Bank Group To Boost PH Agriculture Sector
Finance Secretary Ralph G. Recto kicked off the 2024 World Bank-International Monetary Fund (WB-IMF) Annual Meetings in Washington, D.C...


By The Financial District
Oct 25, 20241 min read
HK Eases Mortgage Rules, Cuts Liquor Tax
Hong Kong will ease mortgage rules on homes and slash the tax on spirits as the government aims to stimulate an economy affected by...


By The Financial District
Oct 24, 20241 min read
Wall Street Slumps To Rare 3-Day Losing Streak
U.S. stocks fell on Wednesday, as Wall Street's record-breaking rally continued to lose momentum.


By The Financial District
Oct 24, 20242 min read
PH Job Creation And Poverty Reduction Commended By World Bank Group
World Bank Group Managing Director of Operations Anna Bjerde praised the Philippines for its progress in job creation and poverty reduction.

By The Financial District
Oct 24, 20242 min read
PSE Index Continues To Plummet As It Drops To A Milestone Level For Second Straight Day
The Philippine Stock Exchange (PSE) index posted another decline today, closing at a milestone low of 7,283.79 points, a loss of 83.87...


By The Financial District
Oct 24, 20241 min read
Gold Safer Than U.S. Treasury Bonds As Federal Debt Soars
Backed by the full faith and credit of the federal government, U.S. Treasury bonds have long been considered the gold standard in safe...


By The Financial District
Oct 24, 20241 min read
Qatar LNG Sales To Asian Markets Confronted By U.S., UAE Rivalry
Qatar is finding it difficult to agree on new deals to supply liquefied natural gas (LNG) to Japan and South Korea.


By The Financial District
Oct 24, 20241 min read
Metals Rise After Chinese Banks Cut Rates To Aid Property Market
Iron ore and base metals rose after Chinese banks cut their benchmark lending rates, part of Beijing's efforts to ensure Asia’s largest...


By The Financial District
Oct 24, 20241 min read
Wall Street Down As Its Red-Hot Rally Cools
U.S. stocks are slipping on Wednesday as Wall Street’s record-breaking rally cools down.


By The Financial District
Oct 24, 20241 min read
China’s Deflation Woes Worsen On Weak Consumer Prices
China’s deflationary issues became more entrenched in September, with consumer prices remaining weak and factory gate prices continuing to..
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