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By The Financial District
Jun 14, 20241 min read
EU Imposes 38% Tariffs On Chinese EVs
The European Commission has notified car makers that it would apply additional duties of up to 38.1% on imported Chinese electric vehicles..
By The Financial District
Jun 13, 20241 min read
PSE Index Still Sliding
The Philippine Stock Exchange (PSE) index declined further Thursday, aggravated by continuous foreign selling, closing at a milestone low...
By The Financial District
Jun 13, 20241 min read
U.S. Inflation Cools For Second Straight Month In May
US consumer prices rose 3.3% over the year through May, marking a slight but significant cooling in inflation.
By The Financial District
Jun 13, 20241 min read
Asian Shares Mostly Lower Ahead Of Fed Decision On Interest Rates
Asian shares mostly fell on Wednesday as investors awaited a decision by the Federal Reserve on interest rates.
By The Financial District
Jun 13, 20241 min read
Bill Gates Moves Ahead With Nuclear Power Plant In Wyoming
Bill Gates and TerraPower have begun construction on a next-generation nuclear power plant in Kemmerer, Wyoming, which Gates believes will..
By The Financial District
Jun 13, 20241 min read
 Gross International Reserves Rise To $104-B
The country’s gross international reserves (GIR) level, based on preliminary data, rose to US$104.48 billion as of end-May 2024 from the...
By The Financial District
Jun 13, 20243 min read
PH Gov't Watchful Over Inflation Numbers
Finance Secretary Ralph G. Recto assured the public that the government is carefully balancing food and non-food inflation mitigation...
By The Financial District
Jun 12, 20242 min read
More Aquatic Animals Were Farmed Than Fished in 2022: UN
The total global volume of fish, shrimp, clams, and other aquatic animals harvested by farming has topped the amount fished in the wild...
By The Financial District
Jun 12, 20241 min read
Colombia Freezes Coal Exports To Israel Over Gaza War
Colombian President Gustavo Petro has announced that his country will suspend coal exports to Israel over the war in Gaza, as relations...
By The Financial District
Jun 12, 20241 min read
Global Chip Market To Expand To Record $687 Billion Next Year
The global semiconductor market is expected to grow 12.5% in 2025 to a record $687.38 billion, heading for the second straight year of...
By The Financial District
Jun 12, 20242 min read
PAGCOR Chief: Banning IGLs Could Cause Bigger Problems
The Philippine Amusement and Gaming Corporation (PAGCOR) today said outlawing Internet Gaming Licensees (IGLs), previously called...
By The Financial District
Jun 12, 20242 min read
PSE Index Declines To Edge Closer To Support Level
The Philippine Stock Exchange (PSE) index declined again and is within just 10 points of breaching its support level, amid another day of...
By The Financial District
Jun 11, 20241 min read
South Korean Doctors Plan June 18 Strike To Protest Reforms
South Korea's main doctors' lobby group said it would go on strike on June 18 to protest the government's healthcare reform plan, defying...
By The Financial District
Jun 11, 20242 min read
Fitch Maintains Philippine Investment-Grade Rating
Fitch Ratings has maintained the Philippines' "BBB" credit rating with a "stable" outlook in its latest rating action.
By Reggie Vizmanos
Jun 11, 20242 min read
PEZA Logs PHP37 Billion Investment Pledges In First 5 Months Of 2024
The Philippine Economic Zone Authority (PEZA) has logged a total of PHP36.83 billion worth of approved investment pledges from January to...
By The Financial District
Jun 11, 20241 min read
OPEC+ Extends Deep Oil Production Cuts Into 2025
OPEC+ has agreed to extend its significant oil output cuts well into 2025.
By The Financial District
Jun 10, 20242 min read
PSE Index Down As Total Trades Halved
The Philippine Stock Exchange (PSE) index declined Monday by a milestone level with total trades reduced to half of the average, as...
By The Financial District
Jun 9, 20243 min read
Recto Visits Infra Projects
Finance Secretary Ralph G. Recto recently conducted an ocular inspection of the government's first phase of the Light Rail Transit (LRT)...
By The Financial District
Jun 9, 20241 min read
Stocks Mixed, Bond Yields Jump After Hot Jobs Report
Stocks were mixed on Wall Street and Treasury yields are sharply higher as the week ended after the government released a jobs report.
By The Financial District
Jun 9, 20242 min read
U.S. Farmers Opt For Soy To Limit Their Losses
Planting more soy at a time of sputtering demand from importers and domestic processors will only serve to drive prices lower, further...
By The Financial District
Jun 8, 20242 min read
$1.2-B Outflows In April --- BSP
The Bangko Sentral ng Pilipinas (BSP) reported net outflows of US$312 million resulting from US$1.2 billion gross outflows and US$914...
By Reggie Vizmanos
Jun 8, 20241 min read
Cebu Landmasters Sets All-Time High PHP14.5-B CapEx For 2024
Cebu Landmasters, Inc. (CLI), a leading real estate developer in the Visayas and Mindanao regions, announced an unprecedented capital...
By The Financial District
Jun 8, 20242 min read
PSE Index In Another Sluggish Rise
The Philippine Stock Exchange (PSE) index posted another small gain Friday as sluggish investor sentiment continued.
By The Financial District
Jun 7, 20241 min read
Saudis, OPEC Allies To Decide On Production Cuts As Oil Prices Lag
Saudi Arabia and allied oil-producing countries face a decision on whether to extend production cuts set to expire next month or not.
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