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By Reggie Vizmanos
Mar 16, 20242 min read
Record-High PHP26.86 Billion Fake Products Seized By Government In 2023
The Intellectual Property Office of the Philippines (IPOPHL) announced that the government successfully seized counterfeit goods valued at..
By The Financial District
Mar 16, 20241 min read
ECB’s €1-T Property Loan Crackdown Starts With Signa Quiz
European Central Bank (ECB) staff were concerned.
By The Financial District
Mar 16, 20241 min read
China Cancels 504,000 MT Shipments Of U.S. Wheat
China canceled another batch of US wheat export shipments, adding to an already record number of cancellations that have weighed on...
By The Financial District
Mar 15, 20242 min read
PSE Index Stifled To A Loss By Foreign Selling
The Philippine Stock Exchange (PSE) index plummeted today due to heavy foreign selling, dropping by a substantial 145.64 points or 2.09...
By The Financial District
Mar 14, 20242 min read
PSE Index Swings Higher After Solid Pullback
The Philippine Stock Exchange index saw a slight increase after a healthy pullback, swinging up to the coveted 7,000-point level.
By The Financial District
Mar 14, 20242 min read
African Development Bank Raps Opaque Loans Tied To Natural Resources
The head of the African Development Bank (ADB) is calling for an end to loans given in exchange for the continent’s oil or critical...
By The Financial District
Mar 14, 20241 min read
Germany Launches Bidding For Carbon Contracts For Industrial Production
Germany’s vice-chancellor launched a program initially worth up to 4 billion euros ($4.4 billion) to help heavy industry shift to more...
By The Financial District
Mar 14, 20241 min read
Japan To Expand Offshore Wind Development To EEZs
Japan has approved a draft amendment to existing legislation that will allow for the installation of offshore wind power in exclusive...
By The Financial District
Mar 14, 20241 min read
German Train Drivers Strike As Lufthansa Cabin Crews Walk Out
Many of Germany’s train drivers staged a 24-hour strike on Tuesday in the latest installment of a long-running and bitter dispute over...
By Reggie Vizmanos
Mar 13, 20242 min read
Freeport Area Of Bataan Attracts PHP14 Billion In Investments In 2023
The Authority of the Freeport Area of Bataan (AFAB) announced that the Freeport Area of Bataan (FAB) successfully attracted Php14 billion..
By The Financial District
Mar 13, 20242 min read
PSE Index Within Target Of 7,000-Point Level
The Philippine Stock Exchange (PSE) index today moved to within sight of the 7,000-point level closing at 6,965.51 points, up by 85.92...
By The Financial District
Mar 13, 20241 min read
Italians Reduce Olive Oil Consumption Amid Price Surge
A recent survey has revealed that one-third of Italians have cut back on their consumption of extra virgin olive oil due to surging prices.
By The Financial District
Mar 13, 20242 min read
Nickel Rout Signals Warning For Energy Transition
The surge in nickel usage for electric vehicles (EVs) since July 2020, reaching 290,000 tons last year according to Adamas Intelligence...
By The Financial District
Mar 13, 20241 min read
China Asks Banks To Support Tottering Property Firm Vanke
China has asked banks to enhance financing support for state-backed China Vanke and called on creditors to extend private debt maturity in..
By The Financial District
Mar 12, 20241 min read
"Made in USA" Label Only Applies To Farm Products Raised And Processed In U.S.
Shoppers who want to determine if their meat, eggs, and poultry were “Made in the USA” are expected to find the task easier once a...
By The Financial District
Mar 12, 20241 min read
Asian Shares Higher Ahead Of U.S. Report On Inflation
Shares were mostly higher in Asia on Tuesday ahead of a report on inflation in the US that could sway the Federal Reserve’s timing on...
By The Financial District
Mar 12, 20241 min read
German Train Drivers Union Calls For Another Strike
A union representing many of Germany’s train drivers has called for another strike in a long and bitter dispute with the state-owned main...
By The Financial District
Mar 12, 20241 min read
U.S. Senate Passes Spending Bill
The US Senate narrowly averted a partial government shutdown as the chamber approved spending legislation for several government agencies...
By The Financial District
Mar 12, 20241 min read
Asian Shares Mostly Lower As Wall St. Run Sputters
Asian shares were mostly lower on Monday after Wall Street’s huge rally faltered last week.
By The Financial District
Mar 11, 20242 min read
Profit-Taking Sinks PSE Index
The Philippine Stock Exchange (PSE) index today declined on profit-taking as investors rushed for the exit on projections that the foreign..
By The Financial District
Mar 11, 20241 min read
Japan Records Current Account Surplus Of 438 Billion Yen In January 2024
Japan's Finance Ministry announced that the country logged a current account surplus of 438.2 billion yen ($2.9 billion) in January 2024.
By The Financial District
Mar 11, 20241 min read
Federal Judge Blocks U.S. Labor Board Rule On Joint Employers
A federal judge in Texas has struck down a rule by the US National Labor Relations Board (NLRB) that would treat many companies as joint...
By The Financial District
Mar 11, 20241 min read
Aussie Farmers Rip Out Millions Of Vines Amid Wine Glut
Millions of vines are being destroyed in Australia and tens of millions more must be pulled up to rein in overproduction that has crushed...
By The Financial District
Mar 11, 20241 min read
No Deal With Striking Unions, Finland PM Says
Finland's prime minister has announced that he had failed to persuade trade unions to call off planned strike action triggered by the...
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