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By The Financial District
Aug 15, 20241 min read
Wall St. Rallies To One Of Its Best Days After Inflation Report
U.S. stocks rallied Tuesday to one of their best days of the year after the first of several highly anticipated reports on the economy...
By The Financial District
Aug 14, 20241 min read
Australia’s Central Bank Admits Economic Woes Affect Forecasting
Australia's central bank said that economic forecasts were subject to huge uncertainty, one reason policymakers have stayed the course on...
By The Financial District
Aug 14, 20242 min read
PSE Index Soars To Milestone Level
The Philippine Stock Exchange (PSE) index today climbed to a new milestone level, driven by a surge in foreign trades.
By The Financial District
Aug 13, 20241 min read
Healthcare Industry Defies Slowing U.S. Job Market
America’s lucrative job market of recent years is now long gone, with the unemployment rate recently rising to its highest level since...
By The Financial District
Aug 13, 20242 min read
PSE Index Closes A Tad Higher
The Philippine Stock Exchange (PSE) index closed slightly higher today, with the property sub-index leading the charge, resulting in a...
By The Financial District
Aug 12, 20242 min read
PSE Index Down Again Amid Sluggish Trade
The Philippine Stock Exchange (PSE) index closed lower today, slipping by 34.44 points or 0.52 percent to settle at 6,613.36 points.
By The Financial District
Aug 12, 20241 min read
China's Exports Grow 7% In July, Less Than Forecasts
China’s exports grew by 7% in July compared to a year earlier, falling short of economists’ expectations for growth closer to 10%.
By The Financial District
Aug 12, 20241 min read
Wall Street Will Support Heavy AI Spending As Long As Everything’s Fine
Sifting through the financial wreckage of last week's pullback illuminates an evolution in the AI trade.
By The Financial District
Aug 11, 20241 min read
Chinese Firms Stockpile High-End Samsung Chips As U.S. Curbs Loom
Chinese tech giants, including Huawei and Baidu, along with various startups, are stockpiling high-bandwidth memory (HBM) semiconductors...
By The Financial District
Aug 11, 20241 min read
French Imports Of Russian LNG Surge, Worrying Ukraine Allies
Shipments of Russian liquified natural gas (LNG) to France more than doubled in the first half of this year.
By The Financial District
Aug 10, 20241 min read
PSE Index Closes At Highest Price Point To Hit Milestone
The Philippine Stock Exchange (PSE) index closed at its highest price point Friday, closing the week up a milestone at 6,647.80 points.
By The Financial District
Aug 9, 20241 min read
Global Seaborne Oil Flows Decline, With China Supply Down 1.4 Million bpd
Russia’s crude exports to key Western ports slumped to a 19-month low in July, contributing to an overall decline in seaborne oil flows...
By The Financial District
Aug 9, 20241 min read
Stocks Rally, Yen Drops As BOJ Eases Rate Worries
Global shares rose and the yen fell after the Bank of Japan’s deputy governor stated that interest rates would not be raised if markets...
By The Financial District
Aug 9, 20242 min read
PSE Index Still Steadily In The Green
The Philippine Stock Exchange (PSE) index today closed slightly higher at 6,549.27 points, up by 14.10 points or 0.22 percent, with the...
By The Financial District
Aug 8, 20241 min read
OPEC Keeps Oil Output Steady As Market Wobbles
OPEC kept oil production broadly steady last month while cautiously monitoring the impact of its latest cutbacks on global markets.
By The Financial District
Aug 8, 20241 min read
Global Stock Traders Face Dip-Buying Dilemma After Selloff
A selloff that rocked equity markets worldwide is clouding the outlook for investors looking to buy stocks on the cheap, as worries over...
By The Financial District
Aug 8, 20242 min read
Gov’t To Spend PHP1 Billion In 2025 For 3rd Tranche Of NIA’s Re-Fleeting Program
The Philippine government is set to allocate approximately PHP1 billion in 2025 for the third tranche of the National Irrigation Admin...
By The Financial District
Aug 7, 20242 min read
PSE Index Rises On Strong Corporate Earnings
The Philippine Stock Exchange (PSE) index closed slightly lower Wednesday, ending at 6,433.24 points, down by 1.49 points or 0.02 percent.
By The Financial District
Aug 6, 20242 min read
PSE Index Dips Slightly Amid Profit-Taking
The Philippine Stock Exchange (PSE) index closed slightly lower today, ending at 6,433.24 points, down by 1.49 points or 0.02 percent.
By The Financial District
Aug 6, 20241 min read
Cambodia Breaks Ground On China-Funded Canal Despite Vietnam's Concerns
Cambodia has begun the construction of a controversial, China-funded canal to link the capital Phnom Penh to the sea, despite...
By The Financial District
Aug 6, 20242 min read
Trump Raps OPEC For "Fixing Price" To Favor Harris
Former President Donald Trump accused the Organization of the Petroleum Exporting Countries (OPEC) of deliberately driving down oil prices..
By The Financial District
Aug 6, 20241 min read
Dow Drops 900 Points As Global Markets Retreat
Nearly everything on Wall Street tumbled Monday as fears about a slowing U.S. economy worsened, setting off another sell-off in financial...
By The Financial District
Aug 5, 20241 min read
Global Factories Struggled In July As Demand Waned
Manufacturers across Europe and Asia turned in a weak performance last month as factories grappled with tepid demand.
By The Financial District
Aug 5, 20244 min read
Philippines To Reduce Debt, Create Jobs, And Lower Poverty Incidence
Finance Secretary Ralph G. Recto assured the House of Representatives that the government is on track to achieve its targets under the...
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