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By The Financial District
Dec 29, 20231 min read
U.S. Home Prices Rise For 9th Straight Month
Though price pressures may ease a bit in the coming months, that's little solace to Americans buying homes now.
By The Financial District
Dec 29, 20232 min read
Reaganomics Propped Up Parasitic U.S. Leisure, Monopoly Class
As productivity continued to rise due to increasing automation and better technology, the theory posited that everyone's wages would...
By The Financial District
Dec 28, 20231 min read
Japan's GDP Per Capita Ranks 21st Among OECD Members
Japan's nominal Gross Domestic Product per capita (GDP) stood at $34,064 in 2022, ranking 21st among the 38 members of the Organization..
By The Financial District
Dec 28, 20232 min read
PSE Index Up To Previous Level In Light Trade
The Philippine Stock Exchange (PSE) index crawled back to its previous level today, closing at 6,519.11, up by 56.31 points or 0.87...
By The Financial District
Dec 28, 20231 min read
Europe's Wealthiest Countries Gripped By High Child Poverty Rates
The United Kingdom ranked almost last in the list of wealthy countries fighting child poverty, just above Colombia and Turkey.
By The Financial District
Dec 28, 20231 min read
China’s $33-B Bond Inflow No Cause For Glee
An abrupt surge in foreign buying of Chinese bonds has raised hopes that pessimism about the nation’s assets may be overdone.
By The Financial District
Dec 28, 20232 min read
UK, Europe Hit By Unexpected Bankruptcies
The year has seen unexpected bankruptcies, with the number at its highest level in the second quarter (Q2) of 2023.
By The Financial District
Dec 27, 20231 min read
Wall Street Ends Higher On Shortened Trading Week
Stocks notched more gains on Tuesday as Wall Street kicked off what's expected to be a quiet, holiday-shortened week of trading.
By The Financial District
Dec 27, 20232 min read
PSE Index Tumbles
The Philippine Stock Exchange (PSE) index tumbled on profit-taking in another volatile trade, closing 38.20 points down or 0.59 percent...
By The Financial District
Dec 27, 20232 min read
PBBM’s Foreign Trips Resulted In ₱4 Trillion Investments --- DTI
President Ferdinand R. Marcos, Jr.’s foreign trips have resulted in various investments worth US$72.178 billion or equivalent to P4.019...
By The Financial District
Dec 27, 20231 min read
China Identifies Projects In $140 Billion Spending Plan
China's top planning body has announced that it had identified a second batch of public investment projects, including flood control and...
By The Financial District
Dec 27, 20231 min read
U.S. Still the Biggest Spender During The Christmas Season
Christmas involves the costs of trees, decorations, and gifts, and these expenses vary across nations.
By The Financial District
Dec 27, 20231 min read
Forecasters Who Predicted 2023 Rally Remain Bullish For Next Year
As Wall Street entered this year, the majority of top prognosticators were anticipating continued challenges for the stock market...
By The Financial District
Dec 27, 20231 min read
Biden Unveils Hydrogen Tax Credit Proposal
The Biden administration has unveiled its highly anticipated proposal for allocating billions of dollars in tax credits to hydrogen...
By The Financial District
Dec 27, 20231 min read
Angola Quits OPEC Over Oil Output Quotas
Angola has announced its departure from the Organization of Oil Exporting Countries (OPEC) after 16 years of membership amid a dispute...
By The Financial District
Dec 26, 20231 min read
Japan To Export Locally-Made Patriot Missiles To The U.S.
The Japanese government has informally decided to export Patriot ground-based interceptor missiles manufactured domestically under license..
By The Financial District
Dec 26, 20231 min read
Basis Trade Profits Surge For Top Players
Jonathan Hoffman, John Bonello, and Jonathan Tipermas share more than just similar first names.
By The Financial District
Dec 24, 20231 min read
Wall Street Notches 8th Straight Winning Week
Wall Street marked its eighth consecutive winning week with a subdued finish on Friday, following reports indicating a decrease in...
By The Financial District
Dec 24, 20232 min read
IMF Commends BBM Administration's Actions
The International Monetary Fund (IMF) has praised the swift policy actions of the Marcos, Jr. administration through the Medium-Term...
By The Financial District
Dec 22, 20231 min read
U.S. Market Pundits Wrong On Recession Prediction
Heading into 2023, most of Wall Street’s top prognosticators were predicting more pain for the stock market following last year’s disaster.
By The Financial District
Dec 22, 20231 min read
25.4 Million Filipinos Rated Poor --- PSA
The Philippine Statistics Authority (PSA) has revealed that 25.4 million Filipinos do not earn enough to provide for their basic food and...
By The Financial District
Dec 22, 20231 min read
PSE Index Recovers To Hit Previous Milestone
The Philippine Stock Exchange (PSE) index recovered today, rising again to its previous milestone level at 6,501.00, up by 31.77 points or..
By The Financial District
Dec 22, 20231 min read
Asia Stocks Fall As Wall Street Rally Skids
Asian shares fell on Thursday, December 21, 2023, after Wall Street snapped a long winning streak, while Treasury yields were near five...
By The Financial District
Dec 22, 20231 min read
PSE Index Declines On Barrage Foreign Selling
The Philippine Stock Exchange (PSE) experienced a decline, reaching 6,469.23 points, down by 51.52 points or 0.79 percent.
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