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By The Financial District
Sep 16, 20242 min read
Fed to Cut Rates By 25 Basis Points On Sept. 18, With Two More Cuts Expected in 2024
The Federal Reserve will lower interest rates by 25 basis points at each of the US central bank's three remaining policy meetings in 2024.


By The Financial District
Sep 16, 20243 min read
ADB’s New Partnership Strategy With The Philippines Unveiled
Finance Secretary and Asian Development Bank (ADB) Governor for the Philippines, Ralph G. Recto, welcomed the launch of ADB’s new country...

By The Financial District
Sep 14, 20242 min read
PSE Index Dips As It Gets Spooked By Market Volatility
The Philippine Stock Exchange (PSE) closed slightly lower Friday, ending at 7,022.85 points, down by 1.82 points or...


By The Financial District
Sep 13, 20241 min read
Mild Rate Cuts Are Coming From ECB And Fed, Experts Say
With inflation subsiding, the European Central Bank (ECB) is expected to cut interest rates again on Thursday to stimulate weak growth by...


By The Financial District
Sep 12, 20241 min read
Asian Shares Up On Wall Street Tech Boost
Asian shares bounced on Thursday, tracking a tech-driven rally on Wall Street, while the dollar held onto gains after US core inflation...

By The Financial District
Sep 12, 20242 min read
PSE Index Finally Hits Coveted Milestone Level
The Philippine Stock Exchange (PSE) Index today finally breached the coveted milestone level, closing at 7,024.67 points, up by 79.79...


By The Financial District
Sep 12, 20241 min read
DTI And Converge Join Hands To Empower MSMEs In Remote Areas Of The Philippines Through Digitalization
The Department of Trade and Industry (DTI) and Converge ICT Solutions, Inc. have signed a memorandum of understanding (MOU) to launch...


By The Financial District
Sep 12, 20242 min read
UK Local Governments Risk "Widespread Collapse"
Local governments across England, Scotland, and Wales face a £4.3 billion ($5.6 billion) hole in their finances in the coming year, which...


By The Financial District
Sep 12, 20242 min read
DOF Secretary Recto Lauds PH Tax Academy For Training Programs, Highlights Its Role In Boosting Revenues For Nat'l. Development
Department of Finance Secretary Ralph Recto has praised the Philippine Tax Academy (PTA), led by its President, Mr. Gil Beltran, for...


By The Financial District
Sep 12, 20241 min read
Wall Street Lower Ahead Of Closely Watched Consumer Inflation Data
Wall Street was poised for minor losses before the opening bell on Wednesday as markets awaited the latest inflation data, the last batch...

By The Financial District
Sep 12, 20242 min read
PSE Index Retreats After Hitting 7,000-Point Level Again
The Philippine Stock Exchange (PSE) index retreated Wednesday, closing at its lowest point after briefly hitting the coveted 7,000-point...


By The Financial District
Sep 11, 20241 min read
Netherlands Expands Export Restrictions For Processor Chip Machines
The Dutch government is expanding export restrictions on equipment used to make advanced processor chips that can be integrated into...


By The Financial District
Sep 11, 20241 min read
Asian Shares Trade Mixed As Investors Gauge Inflation Data
Asian shares traded mixed on Tuesday after a rally on Wall Street that regained some of the losses from the market’s worst week in nearly...


By The Financial District
Sep 11, 20241 min read
Traders See Fed Starting With 25 bps Cut This Month
Traders priced in a quarter-point Federal Reserve interest rate cut this month, with a bigger move expected at its next meeting, after Fed..


By The Financial District
Sep 11, 20241 min read
Conflicting Federal Policies May Cost Residents More On Flood Insurance
Conflicting federal policies may force thousands of residents in flood-prone areas to pay more for flood insurance or leave them unaware...

By The Financial District
Sep 10, 20242 min read
PSE Index Closes Slightly Higher
The Philippine Stock Exchange (PSE) index closed marginally higher today, ending at 6,984.63 points, a gain of 0.38 points or 0.005%.


By The Financial District
Sep 10, 20241 min read
Hiking Energy Tax Will Hit Growth, UK Oil Industry Warns
Raising the windfall tax on the UK's oil and gas companies will undermine the government's goal of growing the economy.


By The Financial District
Sep 10, 20241 min read
Colombian Truckers Block Highways, Slam Fuel Price Hikes
Thousands of Colombians were forced to walk to work this week as truckers in major cities blocked highways to protest a recent increase in..


By The Financial District
Sep 10, 20241 min read
Companies Crafting New Ways To Grow Cocoa To Keep Up With Demand
Climate change is stressing rainforests where the highly sensitive cocoa bean grows, but chocolate lovers need not despair, say companies...


By The Financial District
Sep 10, 20241 min read
Wall Street Poised For Gains After Worst Week In 18 Months
After enduring its worst trading week in nearly a year and a half, Wall Street is set to rebound at the opening bell on Monday.

By The Financial District
Sep 10, 20242 min read
PSE Index Propelled To Gain By Foreign Buying
The Philippine Stock Exchange (PSE) index gained momentum Monday, boosted by foreign investor buying, pushing the market past the 7,000...


By The Financial District
Sep 9, 20241 min read
Unemployment Falls, Hints At Orderly U.S. Labor-Market Slowdown
US employment increased less than expected in August, but a drop in the jobless rate to 4.2% suggested that an orderly labor market...


By The Financial District
Sep 9, 20241 min read
China Mulls Allowing Refinancing On $5.4-T Mortgages
China is considering allowing homeowners to refinance as much as $5.4 trillion in mortgages to lower borrowing costs for millions of...


By The Financial District
Sep 9, 20241 min read
UK Workers' Rights To Four-day Week Could Be Strengthened
The UK government is considering plans to strengthen workers' rights to request a four-day workweek as part of efforts to promote flexible..
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