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By The Financial District
Jul 19, 20242 min read
PSE Index Continues To Surge
The Philippine Stock Exchange (PSE) index surged to another milestone level to end the week but corrected to 6,793.69 points, an advance...
By The Financial District
Jul 19, 20241 min read
Japan Spent Around $19-B to Boost Yen vs. Dollar: Mainichi
Japan likely spent approximately 3 trillion yen ($19 billion) overnight to lift the yen from a 37-year low against the US dollar.
By The Financial District
Jul 19, 20241 min read
China Tries to Hit Two Birds With One Stone In Property Rescue Bid
In a bid to alleviate a protracted property crisis, Chinese cities have been ordered by Beijing to buy newly-completed apartments and turn..
By The Financial District
Jul 18, 20242 min read
PSE Index Stays On Track By Striking Milestone
The Philippine Stock Exchange (PSE) index rose to a milestone level today, reaching 6,705.01 points, up by 17.30 points or 0.26 percent.
By The Financial District
Jul 18, 20241 min read
U.S. Restricts Land Sales To Foreigners Near 56 Military Sites
The US wants to expand a Treasury committee’s jurisdiction to review land sales near US military sites where foreigners are the buyers.
By The Financial District
Jul 18, 20241 min read
"Protectionism Eroding Global Business," Insists WTO Chief
Global trade “is not having the best of times at the moment.”
By The Financial District
Jul 18, 20241 min read
Thailand Rolling Out $13.8-B Digital Money Handout Scheme To Citizens
Thailand’s prime minister said that eligible businesses and individuals can register from August for digital cash handouts.
By The Financial District
Jul 18, 20241 min read
Asian Stocks Slip But Aussie Index Hits Record
Asian stocks were mostly lower Wednesday, even as investors wagered that the Federal Reserve will come ahead with a cut to interest rates...
By The Financial District
Jul 18, 20243 min read
Laguna Lakeshore, Other Infra Projects Get NEDA Nod
The National Economic and Development Authority (NEDA) Board, chaired by President Ferdinand R. Marcos Jr., gave the green light to key...
By The Financial District
Jul 18, 20243 min read
ERC Chief Chided; ERC Failures Decried
Energy Regulatory Commission (ERC) chairperson Monalisa Dimalanta’s plea for enhanced enforcement powers via higher fines and prison terms..
By The Financial District
Jul 17, 20242 min read
Competitive Pay: Key To Attracting Top Talent
Concerns have been raised over the high salary demands at Maharlika Investment Corp. (MIC), but is competitive remuneration really a...
By The Financial District
Jul 17, 20242 min read
PSE Index Bounces Back To See Slight Rise
The Philippine Stock Exchange (PSE) index today went up a bit as it recovered before the close of trading, with red signs flashing over...
By The Financial District
Jul 17, 20241 min read
China's Economy Falters, Raises Pressure For More Stimulus
China's economy grew much slower than expected in the second quarter, as a protracted property downturn and job insecurity knocked the...
By The Financial District
Jul 17, 20241 min read
Markets Bet on 100% Chance Of Fed Rate Cuts In September
Investors are confident that the Federal Reserve will be lowering interest rates by the end of its September meeting.
By The Financial District
Jul 17, 20242 min read
Nations Gather To Negotiate Deep Sea Mining Code As Opposition Grows
The United Nations' International Seabed Authority (ISA) has begun meeting to consider new rules allowing firms to extract minerals from...
By The Financial District
Jul 17, 20241 min read
Argentina To Sell Dollars On Parallel Market To Tame Inflation
Argentina's central bank will start selling U.S. dollars in the country's parallel foreign exchange markets in an effort to combat...
By The Financial District
Jul 17, 20242 min read
Streaking PSE Index Stalls On Profit Taking
The Philippine Stock Exchange (PSE) index declined Tuesday on profit taking, as investors sold their shares after hitting a high.
By The Financial District
Jul 16, 20241 min read
Globalization Shafted U.S. Workers, Robert Reich Argues
Former US labor secretary Robert Reich warned that steep job losses were suffered in the mid-1990s by counties with industries competing...
By The Financial District
Jul 16, 20241 min read
Record Primary Income Lifts Japan's May Surplus To $18 Billion
Japan's current account surplus expanded 41.8% from a year earlier to 2.85 trillion yen ($18 billion) in May.
By The Financial District
Jul 16, 20242 min read
Family Offices Venture Deep Into Risky Investments
The family office, which handles the investments of the ultra-rich, has become one of the fastest generators of wealth from the U.S. to...
By The Financial District
Jul 16, 20241 min read
Japan Declares Victory In Its "War" vs. Floppy Disks
It's taken until 2024, but Japan has finally said goodbye to floppy disks.
By The Financial District
Jul 16, 20241 min read
Wall St. Rises Toward Records; Asian Bourses Mixed
U.S. stocks are rising toward records Monday as Wall Street’s momentum keeps driving it upward.
By The Financial District
Jul 15, 20241 min read
Only 36% Of Americans Have Confidence In College Education
Americans are increasingly skeptical about the value and cost of college, with most saying they feel the US higher education system is...
By The Financial District
Jul 15, 20242 min read
PSE Index Closes In On Another Milestone Level
The Philippine Stock Exchange (PSE) index rose today, reaching a new milestone level before dipping slightly but remaining within reach of..
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