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By The Financial District
Mar 11, 20241 min read
U.S. Urges Allies To Squeeze China Further On Chip Tech
The US government is pressing allies including the Netherlands, Germany, South Korea, and Japan to further tighten restrictions on China’s..
By Reggie Vizmanos
Mar 9, 20242 min read
22 High-Level Business Execs Join U.S. Commerce Secretary On PH Trade Mission
The White House has announced that 22 high-level business executives will accompany United States Department of Commerce Secretary Gina...
By The Financial District
Mar 8, 20241 min read
Asian Stocks Rally, European Shares Retreat
European shares saw a decline early on Friday while Asian benchmarks experienced a rise following the record-breaking performance of US...
By Reggie Vizmanos
Mar 8, 20242 min read
PH Needs $337-B Investments To Achieve Clean Energy Goals By 2040
According to a study by the Organization for Economic Co-operation and Development (OECD), the Philippines requires investments totaling...
By Reggie Vizmanos
Mar 8, 20242 min read
Metro Manila Subway Expected To Be Ready For Partial Operations By 2029
The Metro Manila Subway Project (MMSP) is making significant progress, with the first contract package (CP101) now 40 percent complete and..
By The Financial District
Mar 8, 20241 min read
China Raises Defense Budget By 7.2%
China has announced a 7.2% increase in its defense budget, which is already the world’s second-highest behind the US at 1.6 trillion yuan...
By The Financial District
Mar 8, 20241 min read
Gold Soars To Record High As Rate Cuts Loom
Gold scaled a record high on Tuesday (Wednesday, Mar. 7, 2024, in Manila), moving further above $2,100 per ounce in a rally sparked by...
By The Financial District
Mar 7, 20241 min read
PSE Index Still Sinking
The Philippine Stock Exchange (PSE) index experienced another decline today, with only the services sector posting a gain, closing at...
By The Financial District
Mar 7, 20241 min read
Study Finds 2nd Trump Presidency Will Damage German Economy
A second Donald Trump presidency could cause billions in economic damage in Germany.
By The Financial District
Mar 7, 20241 min read
Stocks In Asia Mixed As Wall St. Slumps
Asian stocks were mixed on Wednesday after tumbling Big Tech stocks dragged Wall Street to its worst day in three weeks.
By The Financial District
Mar 6, 20241 min read
PSE Index Crumbles
The Philippine Stock Exchange (PSE) index today experienced a notable downturn, with only the Financials sector posting a gain, closing at..
By The Financial District
Mar 6, 20241 min read
Brazil’s Economy Beats Projections, Grows 2.9% In Lula’s 1st Year
Brazil’s economy grew 2.9% in 2023, beating expectations in the first year of the administration of President Luiz Inácio Lula da Silva.
By The Financial District
Mar 5, 20241 min read
Asian Shares Mixed As China Unveils Growth Target
Asian shares were mixed on Tuesday after China's premier announced the country's target for economic growth this year to be around 5%, in...
By The Financial District
Mar 5, 20241 min read
OPEC+ Members Extend Oil Output Cuts Through June 2024
OPEC+ member nations have agreed to extend their voluntary cuts to crude oil production through the second quarter.
By The Financial District
Mar 5, 20242 min read
China’s NPC To Meet As Economy Sags
Thousands of delegates from across China are gathering in Beijing this week for the start of the sessions of the National People’s Congress.
By The Financial District
Mar 5, 20241 min read
Higher Interest Rates Drag Swiss National Bank To $3.6-Billion Loss
The Swiss National Bank (SNB) has posted an annual loss of 3.2 billion Swiss francs ($3.62 billion) for 2023, as a switch to positive...
By The Financial District
Mar 5, 20241 min read
Funding Bill Blocks China From Buying Oil From U.S. Reserve
A measure in the US funding legislation unveiled by congressional leaders would block China from buying oil from the Strategic Petroleum...
By The Financial District
Mar 5, 20241 min read
Japan’s Capital Spending Jumps 16.4% In Q4 Of 2023
Capital spending by Japanese companies surged 16.4% in the October-December quarter from a year earlier.
By The Financial District
Mar 5, 20241 min read
SK Starts Legal Action Against Doctors Over Walkout
South Korea's health minister said that authorities will start inspecting hospitals and take legal action against trainee doctors who have..
By The Financial District
Mar 4, 20241 min read
Japan’s Nikkei Index Breaches 40,000 Points For The First Time
The 225-issue Nikkei stock average continued its rally on Monday, surpassing the 40,000-mark for the first time and setting a new intraday..
By The Financial District
Mar 4, 20243 min read
Recto Woos Aussie Investors
Finance Secretary Ralph G. Recto has extended an invitation to Australian investors to participate in the Philippines’ "blockbuster"...
By The Financial District
Mar 4, 20242 min read
PSE Index Salvage Gain From Day Of Volatile Trading
The Philippine Stock Exchange (PSE) index rose by 32.06 points or 0.46 percent to 6,951.67 points today, but the significant development...
By The Financial District
Mar 4, 20241 min read
WTO Ends UAE Meeting Without Major Agreements
Negotiators taking part in a World Trade Organization meeting in the United Arab Emirates (UAE) ended their summit after failing to reach...
By The Financial District
Mar 4, 20241 min read
SK Docs Rally vs Planned Medical School Quota Hike
Tens of thousands of doctors held a rally in western Seoul to protest the government's medical school quota hike plan as Prime Minister...
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