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By The Financial District
Jan 24, 20241 min read
PSE Index Within Reach Of Resistance Level
The Philippine Stock Exchange (PSE) index approached its resistance level today as local investors seized the opportunity to acquire...
By The Financial District
Jan 23, 20242 min read
Stellantis CEO Warns Of EV "Bloodbath" If Carmakers Follow Musk's Lead
As EV demand cools, Elon Musk has stayed ahead of the field by cutting prices for Tesla’s flagship cars and sacrificing profitability to...
By The Financial District
Jan 23, 20242 min read
Chinese Stocks Have Lost More Than $6.3-T Since 2021 Peak
Chinese stocks just capped another dismal week, with mainland firms listed in Hong Kong languishing at the bottom of the global equity...
By The Financial District
Jan 22, 20241 min read
Bank of Japan Likely To Keep Low Rates
The Bank of Japan (BOJ) is widely expected to maintain ultralow rates at its first policy meeting of 2024, opting to gauge the strength of..
By The Financial District
Jan 22, 20241 min read
Japan Stocks Keep Surging, Asia Shares Follow Suit
Asian shares tracked Tokyo higher on Monday as AI hype helped the tech sector ahead of a week brimming with central bank meetings, major...
By The Financial District
Jan 22, 20241 min read
PSE Index In Hefty Recovery
The Philippine Stock Exchange (PSE) index posted a significant recovery today on bargain hunting, with just one sub-index declining.
By The Financial District
Jan 22, 20241 min read
China Banks On Peru Port To Boost Latin American Trade
The $3.5-billion Chancay, Peru deep water port, set to start operations late this year, will provide China with a direct gateway to the...
By Reggie Vizmanos
Jan 22, 20242 min read
Government To Purchase Sugar From Local Farmers At Premium Price
The Department of Agriculture (DA) and Sugar Regulatory Administration (SRA) have gathered leaders from the sugar industry to discuss the...
By The Financial District
Jan 21, 20241 min read
Thailand Discovers World’s 3rd Largest Lithium Deposit
Thai officials have reported the discovery of lithium deposits that they describe as the world's third-largest reserves of the key battery..
By The Financial District
Jan 21, 20241 min read
China Shuns Sanctions, Gets Half Its Oil From Russia
Russia leapfrogged Saudi Arabia to become China's top crude oil supplier in 2023, defying Western sanctions to purchase vast quantities of..
By The Financial District
Jan 21, 20241 min read
Americans Feel Much Better About The Economy As Inflation Slows
Americans’ attitudes on the economy are improving substantially as inflation slows.
By The Financial District
Jan 20, 20241 min read
Wall Street Hits Record High
Wall Street returned to record heights on Friday to cap a punishing, two-year round trip dogged by high inflation and worries about a...
By The Financial District
Jan 20, 20241 min read
JP Morgan’s Jamie Dimon Blasts Bitcoin As A "Pet Rock"
JPMorgan CEO Jamie Dimon took another opportunity to publicly air his criticism of Bitcoin, saying his personal advice is to not get...
By The Financial District
Jan 20, 20241 min read
Red Sea Shipping Attacks Batter China Exporters as Costs Mount
Houthi attacks in one of the world's busiest shipping routes have exposed the vulnerability of China's export-reliant economy to supply...
By The Financial District
Jan 19, 20241 min read
Water Outages To Last 2 Months In Quake-Hit Central Japan
Water outages in parts of central Japan's Ishikawa Prefecture hit by the magnitude-7.6 Noto Peninsula earthquake on January 1 could last...
By The Financial District
Jan 19, 20241 min read
PSE Index Remains Weak
The Philippine Stock Exchange (PSE) index experienced another downturn today, closing slightly lower at 6,503.54 points, reflecting a 7.33..
By The Financial District
Jan 19, 20241 min read
Wall Street Claws Back Some Of Its Losses From Earlier In The Week
Wall Street is clawing back some of its losses from earlier in the week as pressure eases from the bond market on Thursday.
By Reggie Vizmanos
Jan 19, 20242 min read
Recto Eyes DOF-Congress Partnership To Pass Vital Reform Measures
Finance Secretary Ralph Recto has called on Congress to partner with the Department of Finance to pave the way for the swift passage of...
By The Financial District
Jan 18, 20241 min read
PSE Index Still In Downward Spiral
The Philippine Stock Exchange (PSE) index continued its decline in a substantial sell-off, marking the second consecutive day of losses to..
By The Financial District
Jan 18, 20241 min read
Foreign Visitors To Japan Jump 600% In 2023
The number of foreign visitors to Japan soared more than six-fold to 25.07 million in 2023 compared to the previous year, with their...
By The Financial District
Jan 18, 20241 min read
Wall Street Slips As Treasury Yields Rise; Asia Stocks Down
Wall Street experienced a slight decline on Tuesday in a subdued return to trading following a three-day holiday weekend.
By The Financial District
Jan 17, 20241 min read
PSE Index Crumbles
The Philippine Stock Exchange (PSE) Index witnessed a significant downturn today, described by analysts as a healthy correction.
By The Financial District
Jan 17, 20241 min read
Three Big Logistics Firms Eye Investing $1-B To Make PH Their Asian Hub
Three major logistics companies are considering investing up to $1 billion to establish the Philippines as their regional hub in Asia.
By The Financial District
Jan 17, 20241 min read
Asian Shares Sink As Jitters Over Chinese Markets Spur Selling
Shares fell on Tuesday in Asia, with Hong Kong's benchmark down nearly 2%, as jitters over Chinese markets dimmed confidence across the...
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