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By The Financial District
Apr 1, 20242 min read
PSE Index Flirts With 7,000-Point Level
The Philippine Stock Exchange (PSE) index approached the 7,000-point mark today, coming within 8 points of the milestone before retreating..
By The Financial District
Apr 1, 20241 min read
SWIFT Plans Central Bank Digital Currency Platform In 2 Years
Global bank messaging network SWIFT is planning to launch a new platform within the next one to two years to connect the emerging wave of...
By Lito U. Gagni
Mar 31, 20242 min read
Motorcycle Taxi Bill Needs To Be Fast-tracked
There is an urgent need to fast-track the so-called motorcycle taxi bill now pending in Congress for it to be enacted as a law as it would..
By The Financial District
Mar 30, 20241 min read
Deal To End German Rail Strikes Features A 35-Hour Work Week
Train drivers and some crew for Germany’s main railway operator will see their working week reduced from 38 hours to 35 by 2029 without...
By The Financial District
Mar 30, 20241 min read
6 Workers Presumed Dead After Baltimore Bridge Collapse
Six workers were missing and presumed dead from a bridge that collapsed in Baltimore Harbor after a massive cargo ship crippled by a power..
By The Financial District
Mar 28, 20241 min read
Pizza Chains Cut Jobs In California Due To Higher Wages

Fast-food workers are losing their jobs in California as more restaurant chains prepare to meet a new $20 minimum wage set to go into...
By The Financial District
Mar 28, 20241 min read
Fed Posts Record Loss Of $114.3 Billion In 2023

The Federal Reserve said that it officially saw a net negative income of $114.3 billion in 2023, a record loss tied to expenses related to..
By Reggie Vizmanos
Mar 28, 20242 min read
Vehicle Sales In PH Surge By 23% In February
The sales of automotive vehicles in the country went up by 23.2 percent in February this year.
By The Financial District
Mar 28, 20241 min read
U.S. DOE To Spend $6 Billion For Cutting Industry EmissionsÂ
The Biden administration has announced a $6 billion funding initiative for projects aimed at slashing emissions from the industrial...
By The Financial District
Mar 27, 20242 min read
PSE Index Ends Month Maintaining Upward Trajectory
The Philippine Stock Exchange (PSE) index showed a slight increase today, accompanied by continued net foreign selling as local investors...
By The Financial District
Mar 27, 20241 min read
UK Invests $252 Million In Nuclear Energy And Submarines
United Kingdom (UK) Prime Minister Rishi Sunak is set to announce plans to invest £200 million ($252 million) in the country’s nuclear...
By The Financial District
Mar 27, 20242 min read
Senior South Korean Doctors To Quit En Masse
Senior doctors at dozens of hospitals in South Korea plan to submit their resignations in support of medical interns and residents who...
By The Financial District
Mar 27, 20243 min read
Empowering Sustainability: Programme Sirius Revolutionizes MSMEs
13 Asia-Pacific fintech leaders have united under the banner of Programme Sirius (Sustainability Innovation for Regenerative & Inclusive...
By The Financial District
Mar 27, 20241 min read
Clark Development Corp. Remits All-Time High PHP1.8-B Cash Dividends To National Treasury
The Clark Development Corporation (CDC) has remitted an all-time high PHP1.8 billion in cash dividends to the national government.
By The Financial District
Mar 27, 20241 min read
Tennessee Becomes 1st State To Give Musicians Protection vs. AI
Tennessee Gov. Bill Lee has signed off on legislation designed to protect songwriters, performers, and other music industry professionals...
By The Financial District
Mar 26, 20241 min read
Senate Approves U.S. Spending Bill Overwhelmingly
The Senate overwhelmingly gave final approval early Saturday to a $1.2 trillion spending bill to fund more than half of the government...
By The Financial District
Mar 26, 20242 min read
PSE Index Rebounds In Volatile Trade To Close At Highest Price Point
The Philippine Stock Exchange (PSE) index witnessed a volatile trading session today, characterized by a significant drop below a...
By Reggie Vizmanos
Mar 26, 20241 min read
PH Saves 132 MW Of Energy In Earth Hour 2024 Observance
During the recent Earth Hour observance from 8:30 p.m. to 9:30 p.m. last Saturday (March 23), the Philippines successfully saved as much...
By The Financial District
Mar 26, 20241 min read
House Approves $1.2 Trillion Spending Bills Ahead Of Shutdown
The House of Representatives passed a $1.2 trillion package of spending bills, averting a potential government shutdown just hours before...
By The Financial District
Mar 26, 20241 min read
Millions Of Americans At Risk Of Losing Internet Service
As early as May, over 23 million US households face the imminent threat of losing their internet plans or confronting substantial bill...
By The Financial District
Mar 26, 20241 min read
Oil Prices Surge Amid Escalating Mideast Conflict
Oil prices witnessed a surge in early Asian trading on Monday, fueled by concerns over tighter global supply due to escalating conflicts...
By The Financial District
Mar 26, 20241 min read
Asian Shares Trade Mixed But Wall St Closes Near Record Finish
Asian shares traded mixed on Monday, March 25, 2024, as investors awaited further indications from the Federal Reserve regarding potential..
By The Financial District
Mar 25, 20242 min read
PSE Index Down On Foreign Selling
The Philippine Stock Exchange (PSE) today experienced a decline primarily attributed to foreign selling, closing at 6,853.10 points...
By The Financial District
Mar 25, 20241 min read
China Gloom Dampens Rate Cut Optimism In Asia
The yuan has experienced a sharp decline and Chinese shares tumbled, leading to broad market declines in Asia and tempering an equity...
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