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By The Financial District
Aug 5, 20242 min read
PSE Index Crumbles As Trading Spooked By "Ghost Month"
The Philippine Stock Exchange (PSE) index crumbled to a new low Monday, with property and industrial sectors posting significant losses at..
By The Financial District
Aug 5, 20241 min read
Calm Inflation Reading Raises Chance Of Fed Rate Cut
A new reading from the Federal Reserve's preferred inflation gauge is likely to keep the door open for the central bank to signal a...
By The Financial District
Aug 5, 20241 min read
Investors Warn BOJ's Interest Rate Hike Will Weaken Yen
Investors have reacted to the Bank of Japan’s decision to raise its short-term interest rate to 0.25% and to reduce the amount of bonds...
By The Financial District
Aug 4, 20242 min read
Wealth Of Global Top 1% Grew By $42-T In Past Decade: Oxfam
The top 1% has seen its wealth soar by $42 trillion over the past decade.
By The Financial District
Aug 4, 20241 min read
Markets End Sharply Lower After Weak Jobs Report
The US economy added just 114,000 jobs in July, significantly below predictions.
By The Financial District
Aug 4, 20243 min read
Filipino Gen Z Shopping Habits Revealed
Filipino Gen Z consumers primarily spend to reward themselves.
By The Financial District
Aug 3, 20241 min read
Japan Stocks Plunge Nearly 6%, Worst Since COVID-19 Pandemic
Japanese stocks plunged on Friday as global markets were rattled by concerns over the US economy and traders braced for further interest...
By The Financial District
Aug 2, 20242 min read
PSE Index Down On Ghost Month Fears
The August ghost month arrived early on the Philippine Stock Exchange (PSE) index today, with all sub-indices posting substantial losses.
By The Financial District
Aug 2, 20241 min read
Investors Gobble Up Bonds That Can Turn Into Stocks: WSJ
Smaller companies are feeling good about their prospects. Now, many are rushing to issue low-cost debt that lets investors bet their...
By The Financial District
Aug 1, 20242 min read
PSE Index Starts New Month Strong In Near Milestone
The Philippine Stock Exchange (PSE) index started August on a strong note, with all sub-indices posting gains by the close of trading.
By The Financial District
Aug 1, 20241 min read
Bank of Japan Raises Rates In Surprise Move
The Bank of Japan has raised interest rates and introduced a plan to reduce its purchases of Japanese government bonds by half.
By The Financial District
Aug 1, 20242 min read
PSE Index Closes Month In Slight Recovery
The Philippine Stock Exchange (PSE) index experienced a roller-coaster ride Wednesday, dipping below its milestone level before recovering.
By The Financial District
Jul 31, 20241 min read
Japan's Auto Rally Betrays Global EV Anxiety
Japan's latest stock rally underscores the global anxiety over automakers' transition to smarter, cleaner cars.
By The Financial District
Jul 31, 20242 min read
Hosting Olympics Financially Untenable: Economists
The City of Lights will be in the spotlight for the next few weeks as Paris serves as center stage to incredible performances and...
By The Financial District
Jul 31, 20241 min read
Kishida Eyes Law To Boost Japan’s Chip Production
Japanese Prime Minister Fumio Kishida has vowed to craft legislation aimed at supporting the local production of advanced semiconductors...
By The Financial District
Jul 31, 20241 min read
Asian Shares Mostly Fall Ahead Of Central Bank Meetings
Asian shares mostly declined in cautious trading Tuesday ahead of central bank meetings around the world.
By The Financial District
Jul 30, 20241 min read
Macro Hedge Funds to Dump $45-B In Equities, Morgan Stanley Predicts
Computer-driven macro hedge fund strategies have sold $20 billion in equities and are set to shed at least another $25 billion over the...
By The Financial District
Jul 30, 20242 min read
PSE Index Still Faltering
The Philippine Stock Exchange (PSE) index today went down further, closing 42.87 points or 0.64 percent lower at 6,606.36 points.
By The Financial District
Jul 30, 20242 min read
Fed Set to Okay Rate Cut As Job Growth Moderates
Federal Reserve officials are on the verge of lowering borrowing costs within months, a move Chairman Jerome Powell may signal in the...
By The Financial District
Jul 30, 20241 min read
Asian Stocks Track Wall Street Gains Ahead Of Central Bank Meetings
Asian stocks started the week with gains ahead of central bank policy meetings in the US and Japan, after a broad rally on Wall Street...
By The Financial District
Jul 29, 20241 min read
Chinese Communist Party Scrounges For Ways To Revive Economy
China’s ruling Communist Party is holding closed, top-level meetings in Beijing to set strategies for reviving its slowing economy.
By The Financial District
Jul 29, 20241 min read
U.S. Economy Beats Growth Expectations In 2Q
US economic growth exceeded expectations in the second quarter, driven by consumer spending and inventory building despite high interest...
By The Financial District
Jul 29, 20242 min read
U.S. Economy Is Pulling Off Something Historic: CNN
The US economy is on the verge of an extremely rare achievement. Growth in the first half of the year was solid, with the economy...
By The Financial District
Jul 29, 20242 min read
China’s Slump Hints At A Unique Liquidity Trap
China is awash with money, yet its growth is slowing.
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