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By The Financial District
Apr 6, 20242 min read
PBBM To Launch Cebu-Negros-Panay Power Transmission Project On April 8
President Ferdinand Marcos Jr. is set to inaugurate the Cebu-Negros-Panay Backbone Project Stage 3 (CNP3), aimed at improving the power...
By The Financial District
Apr 5, 20241 min read
ECB's Main Scenario Points To Interest Rate Cut In June
The European Central Bank (ECB) could commence interest rate cuts in June following a sustained deceleration in inflation within the euro...
By The Financial District
Apr 5, 20241 min read
DA Unveils 4-Year Plan To Boost Food Production And Tame Food Inflation
The Department of Agriculture (DA) has unveiled a four-year plan aimed at boosting the country’s food production while simultaneously...
By Reggie Vizmanos
Apr 5, 20242 min read
DENR To Map Sites Suitable For Salt Industry Development
The Department of Environment and Natural Resources (DENR) is set to identify, map, and designate public lands and portions of municipal...
By The Financial District
Apr 5, 20241 min read
Wall Street Finds Steady Footing Following Its Worst Day In Weeks
US stock indexes showed signs of steadying following their recent downturn, with the S&P 500 up 0.2% in morning trading, recouping some of..
By The Financial District
Apr 4, 20242 min read
PSE Index Stumbles Further Into Red Territory
The Philippine Stock Exchange (PSE) experienced further decline today as foreign investors continued selling their positions, closing at...
By The Financial District
Apr 4, 20241 min read
Japan to Offer 590 Billion Yen To Rapidus In Chip Push
Japan's industry minister has announced that the government will provide up to 590 billion yen ($3.9 billion) in additional subsidies to...
By The Financial District
Apr 4, 20241 min read
Mexico To Halt Crude Exports, Tightening Global Supply
Mexico’s state-controlled oil company plans to halt some crude exports over the next few months, a move that would cut supply from a...
By The Financial District
Apr 4, 20242 min read
₱1.08 Billion Aid Provided To Farmers Hit By El Niño
The Department of Agriculture (DA) has provided at least PHP1.08 billion in aid to farmers affected by the El Niño phenomenon.
By The Financial District
Apr 3, 20241 min read
China Floods World With Glut Of Cheap Goods
China’s factories are churning out more steel, cars, and solar panels than its slowing economy can use, forcing a flood of cheap exports...
By The Financial District
Apr 3, 20242 min read
PSE Index Back To Old Milestone Level
The Philippine Stock Exchange (PSE) index today returned to its previous milestone level, finishing at its lowest price point as it failed..
By The Financial District
Apr 3, 20241 min read
China Challenges Biden’s EV Plans At WTO
China has filed a World Trade Organization (WTO) complaint against the US over what it says are discriminatory requirements for electric...
By Reggie Vizmanos
Apr 3, 20241 min read
59 Projects Worth PHP1.9 Trillion Get Green Lane Endorsements
The Board of Investments’ (BOI) One-Stop Action Center for Strategic Investments (OSAC-SI) has granted green lane endorsements to 59...
By Reggie Vizmanos
Apr 3, 20242 min read
FCDU Loans Hit $15.2 Billion
Outstanding loans granted by Foreign Currency Deposit Units (FCDU) of banks stood at US$15.2 billion as of end-December 2023.
By The Financial District
Apr 3, 20241 min read
Vietnam, Russia Eye Agricultural Partnership
Vietnamese Ambassador to Russia, Dang Minh Khoi, and Russian Deputy Minister of Agriculture, Sergey Levin, have discussed measures aimed...
By The Financial District
Apr 3, 20241 min read
Global Stocks Mixed After U.S. Factory Data Prompt Wall St. Retreat
Global stocks were mixed on Tuesday after Wall Street retreated as surprisingly strong US manufacturing data cast doubts over how soon the..
By The Financial District
Apr 2, 20242 min read
Recto Lauds Prime Infra
Finance Secretary Ralph G. Recto has commended Prime Infrastructure Capital Inc. for investing in two big-ticket storage power projects in..
By The Financial District
Apr 2, 20242 min read
PSE Index Declines After Hitting 7,000-Point Level
The Philippine Stock Exchange (PSE) index declined today due to profit-taking after it surged in the early trading session, reaching the...
By The Financial District
Apr 2, 20241 min read
Goldman Sachs Predicts More Stock Gains
It's been a bumpy road for the stock market this year, but investors aren’t complaining.
By The Financial District
Apr 2, 20241 min read
U.S. Updates Export Curbs On AI Chips, Tools To China
The Biden administration has revised rules to restrict China's access to US artificial intelligence (AI) chips and chipmaking tools.
By The Financial District
Apr 2, 20241 min read
Uranium Mined Near Grand Canyon As U.S. Pushes Nuclear Power
The largest uranium producer in the US is resuming work on a project near the Grand Canyon National Park, amid rising global demand for...
By The Financial District
Apr 2, 20241 min read
Automakers Urge Biden: Reject U.S. Steel Sale To Cleveland-Cliffs
A group representing major automakers urged the White House to oppose any attempt by steelmaker Cleveland-Cliffs to acquire rival US Steel.
By The Financial District
Apr 2, 20241 min read
Canada's Maple Syrup Reserve Hits 16-Year Low

Canada's maple syrup reserve, the world's only one of its kind, has reached a 16-year low, sparking concerns about the future of this...
By The Financial District
Apr 1, 20241 min read
Asian Shares Mixed As Shanghai Gains
Asian shares displayed a mixed performance on Monday, with Shanghai notably gaining 1% following surveys indicating improvements in...
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