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By The Financial District
Feb 21, 20242 min read
PSE Index Roars Within Inches Of New Milestone
The Philippine Stock Exchange (PSE) index roared to life today, nearing a new milestone level as investors poured their money into blue...
By The Financial District
Feb 21, 20241 min read
Czech Farmers Take Tractors To Prague To Protest EU Farm Policies
Hundreds of tractors blocked a lane in downtown Prague in a farmer's protest on Monday over European Union agriculture policies and what...
By The Financial District
Feb 21, 20242 min read
India Enriches Russia By Selling Its Oil To The U.S.: CNN
Russia is entering its third year of war in Ukraine with a significant cash influx, bolstered by a record $37 billion in crude oil sales...
By The Financial District
Feb 21, 20241 min read
Fuel Markets Experience Surge In Trading Activity
Fuel markets are witnessing a surge in trading activity, driven by a sluggish crude market that has prompted investors to seek...
By The Financial District
Feb 21, 20241 min read
Drone Strikes Threaten Russian Oil Production
Hostile drone attacks targeting refineries and oil infrastructure across Russia pose a significant threat to the country's oil production...
By The Financial District
Feb 21, 20241 min read
Global Shares Trade Mixed As Wall Street Closes For A Holiday
Global shares displayed a mixed performance Tuesday as Chinese markets reopened for the second day following the Lunar New Year holiday.
By The Financial District
Feb 20, 20241 min read
Asia Shares Stumble As China Rally Fails To Impress
Asian shares faced challenges Monday in gaining significant ground as diminishing prospects for early rate cuts globally dampened investor..
By The Financial District
Feb 20, 20242 min read
PSE Index In Deep Plummet
The Philippine Stock Exchange (PSE) index experienced a significant decline today, marking a milestone level drop due to a substantial...
By The Financial District
Feb 20, 20241 min read
Wars, Elections Complicate WTO Deal-Making
The head of the World Trade Organization (WTO) warned that striking deals at a major ministerial meeting later this month could be...
By The Financial District
Feb 19, 20241 min read
Record Profits Come From Thinning Wallets Of Americans
Corporate profits are nearing record highs, but inflation isn't decreasing, and prices remain high due to corporations wielding enough...
By The Financial District
Feb 19, 20241 min read
U.S. Homebuilding Sees Biggest Drop Since April 2020
US homebuilding dropped significantly in January, as winter storms and higher mortgage rates stymied progress on the housing shortage.
By The Financial District
Feb 19, 20242 min read
Japan's IT Workers' Average Pay Falls To 26th Globally, Despite Rising Demand
The average pay for IT engineers in Japan dropped to $36,061 in 2023, causing the country to slide six places to rank 26th among 72...
By The Financial District
Feb 19, 20241 min read
Gov’t Keenly Monitoring Supply Of Food, Water And Power Amid El Niño Onslaught
The government is closely monitoring the country’s supply of food, water, and power, along with their prices, amid the onslaught of El Niño.
By The Financial District
Feb 19, 20241 min read
European Banks Saddled With $1.5 Trillion Of Idle Property
European banks have about 1.4 trillion euros ($1.50 trillion) in loans to the troubled commercial property industry amid a steep fall in...
By The Financial District
Feb 19, 20241 min read
Russia's Reserves Dwindle, But It Can Stay Afloat For Years
Russia's war in Ukraine is draining state coffers, but the fiscal buffers Moscow has built up over the last two decades will be enough to...
By The Financial District
Feb 18, 20241 min read
Recession Hits UK As 2023 Ended
The British economy fell into recession at the end of 2023 for the first time since the onset of the coronavirus pandemic, as output...
By The Financial District
Feb 16, 20241 min read
Profit-Taking Stymies Milestone Level, But PSE Index Still Closes Up
The Philippine Stock Exchange (PSE) index experienced a surge Thursday, reaching a new milestone level, but encountered profit-taking that..
By The Financial District
Feb 16, 20241 min read
Nikkei Closes Above 38,000 For 1st Time In 34 Years
The Nikkei stock index achieved a significant milestone yesterday by closing above 38,000 points for the first time in 34 years.
By Reggie Vizmanos
Feb 15, 20242 min read
Fitch Solutions' BMI Eyes PH's Growing Middle Class To Fuel Household Goods Spending
BMI, a unit of Fitch Solutions, has projected that the expanding middle class population in the Philippines will drive growth in spending...
By The Financial District
Feb 15, 20241 min read
Bitcoin Jumps To $50,000 After Crypto Industry Scams
The wild price fluctuations seen since the introduction of Bitcoin more than a decade ago have long been one of the main attractions for...
By The Financial District
Feb 14, 20241 min read
SK's Dollar Bond Deals Rise To Record $15 Billion
South Korean companies have issued a record volume of dollar bonds so far this year as they secure funding for overseas expansion plans...
By The Financial District
Feb 13, 20241 min read
Israel Slams Moody’s Downgrade Of Its Credit Rating
Israel’s finance minister has slammed the decision by financial ratings agency Moody’s to downgrade Israel’s credit rating, saying the...
By The Financial District
Feb 13, 20241 min read
Germany, Denmark Start Construction Of New Ammo Plant
The leaders of Germany and Denmark joined in a ground-breaking ceremony for a new ammunition factory.
By The Financial District
Feb 13, 20241 min read
Big Japan Firms Post Higher Earnings From April-Dec. 2023
Many publicly traded Japanese companies have reported robust earnings for the nine months ended in December as their bottom line improved...
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