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By The Financial District
Feb 13, 20241 min read
PSE Index Back In Green Zone
The Philippine Stock Exchange (PSE) index today recovered, although it did not fully regain its losses from Monday, closing just slightly...
By The Financial District
Feb 13, 20241 min read
Wall Street Hangs At Record Heights
Wall Street is holding relatively steady Monday following its latest record-setting week.
By The Financial District
Feb 12, 20241 min read
PSE Index Tumbles
The Philippine Stock Exchange (PSE) index tumbled today on a sell-off in market bellwether SM Investments, closing at 6,807.82 points...
By The Financial District
Feb 12, 20241 min read
White House Touts $11-B U.S. Semiconductor R&D Program
The White House has highlighted the US government's plan to allocate $11 billion towards semiconductor-related research and development...
By The Financial District
Feb 12, 20241 min read
Wall St. Gains As S&P 500 Closes Higher Than 5,000
Wall Street closed last week extending its gains, reaching another record high as the S&P 500 closed above the 5,000 level for the first...
By The Financial District
Feb 12, 20241 min read
SEC Rule Compels Hedge Funds To Share Their Strategies
US regulators will begin requiring hedge funds to confidentially share more information about their investment strategies, and such funds...
By The Financial District
Feb 11, 20241 min read
Most Black Americans Say They Feel Successful, Survey Finds
A majority of Black Americans say they feel at least somewhat successful but nevertheless feel financial pressures regardless of income.
By Reggie Vizmanos
Feb 11, 20242 min read
Jobs Advisory Group Led By SM's Sy-Coson Aims To Boost PH Employment
The Private Sector Advisory Council (PSAC) Jobs Sector Group, led by SM Investments Corp. Vice Chairperson Teresita Sy-Coson, has vowed to..
By The Financial District
Feb 11, 20241 min read
China’s Property Crisis Spreads Across The World
Chinese investors and their creditors are putting up “For Sale” signs on real estate holdings across the globe as the need to raise cash...
By The Financial District
Feb 10, 20241 min read
German Landlord TAG Warns Home Prices Could Fall 30%
German home prices could fall as much as 30% below their 2022 peak.
By The Financial District
Feb 9, 20241 min read
China's Consumer Prices Suffer Biggest Fall Since 2009
China's consumer prices fell at their steepest pace in more than 14 years in January while producer prices also dropped, ramping up...
By The Financial District
Feb 9, 20241 min read
China Replaces Chief Securities Regulator; Market Slump Persists
China has replaced the head of its market watchdog, in an apparent attempt to restore confidence in financial markets following a...
By The Financial District
Feb 9, 20241 min read
Biden Sets Tighter Standards For Deadly Soot Pollution
The Biden administration is setting tougher standards for deadly soot pollution, stating that reducing fine particle matter from...
By The Financial District
Feb 8, 20241 min read
PSE Index Still Going Strong
The Philippine Stock Exchange (PSE) index extended its gains today, closing 20.12 points higher at 6,850.16 points, marking a 0.29 percent..
By The Financial District
Feb 8, 20242 min read
"Magnificent 7" Tech Stocks Won’t Stave Off Downturn
The Magnificent Seven—a nickname for the highest-flying tech stocks—have lately been buoying the S&P 500.
By The Financial District
Feb 8, 20241 min read
Shanghai Mulls Faster Offshore Data OK For Foreign Firms
Shanghai plans to accelerate approvals for foreign firms wanting to send their local data offshore.
By The Financial District
Feb 7, 20242 min read
PSE Index Surges To Pierce New Milestone Level
The Philippine Stock Exchange (PSE) index reached a new milestone level, propelled by three-year low inflation numbers and anticipation...
By The Financial District
Feb 7, 20242 min read
Asian Shares Mixed, China Up
In Asia, the stock markets exhibited a mixed trend, with China showing gains after a government investment fund announced plans to...
By The Financial District
Feb 5, 20241 min read
PSE Index Still On Steady Footing, Rises Anew
The Philippine Stock Exchange (PSE) index rose again Monday, although it closed lower than its high as foreign investors were once again...
By The Financial District
Feb 5, 20241 min read
Big Tech Stocks Rise As Market Frets About Job Gains
Concerns regarding the potential downsides of a too-hot job market are tempering enthusiasm on Wall Street, overshadowing significant...
By The Financial District
Feb 2, 20242 min read
U.S. To Support PH In Developing Mineral Processing, RE Sectors
The United States (US) government has offered its support to the Philippines in its efforts to fully develop the local mineral processing...
By The Financial District
Feb 1, 20241 min read
Wall Street Down As Big Tech Shares Slump
Big Tech stocks were burned by the downside of high expectations, triggering a sharp slide for Wall Street on Wednesday.
By The Financial District
Feb 1, 20241 min read
AI Companies Experience $190 Billion Stock Market Value Drop
AI-related companies have collectively lost $190 billion in stock market value following disappointing quarterly results from tech giants...
By The Financial District
Feb 1, 20241 min read
Japan Farm And Fisheries Exports Reach Record High
Japan's agricultural, fisheries, and forestry product exports hit a record high of 1.45 trillion yen ($9.9 billion) in 2023.
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