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By The Financial District
Dec 22, 20231 min read
India May Import Sugar As Yield Sinks
India's sugar output this crop year, affected by weak rains, is set to lag behind consumption for the first time in seven years.
By The Financial District
Dec 22, 20231 min read
Mass Die-Offs Hit Major Japan Oyster Farming Area
Between 80% and 90% of the oysters in one oyster farming area in Toba, Mie, have perished this season, with higher summer sea temperatures..
By The Financial District
Dec 22, 20231 min read
U.S., Brazil, and Guyana Render OPEC Oil Output Cut Meaningless
Regardless of how much OPEC cuts oil output, other countries will "fill the hole.”
By The Financial District
Dec 22, 20231 min read
Diamond Sales Restart After Global Prices Crashed
The world’s two biggest diamond miners are resuming stone sales after the industry nearly halted supplies in a desperate attempt to...
By The Financial District
Dec 21, 20231 min read
U.S. Producing More Oil Than Any Country In History
As the world grapples with the existential crisis of climate change, environmental activists want President Joe Biden to phase out the oil..
By The Financial District
Dec 21, 20231 min read
Wall Street Rallies, S&P 500 Approaches Record
Wall Street experienced positive momentum on Tuesday, Dec. 20, 2023, with the S&P 500 rising by 0.6% and coming within 0.6% of its record...
By The Financial District
Dec 20, 20232 min read
PSE Index Back Down A Bit In Volatile Trade
The Philippine Stock Exchange (PSE) index witnessed a marginal decline, closing at 6,520.75 points, marking a loss of 0.52 points or 0.008..
By The Financial District
Dec 20, 20231 min read
Asian Fertilizer Buyers Seek New Suppliers, Distrust Chinese Sources
Asian fertilizer buyers are actively exploring alternatives to Chinese supplies due to concerns about the reliability of the world's...
By The Financial District
Dec 20, 20231 min read
World’s Biggest ETF Gets Record $21-B Inflow
An unprecedented amount of cash flowed into the world’s largest and oldest exchange-traded fund last week, as stocks rallied to near...
By The Financial District
Dec 20, 20231 min read
Asian Shares Mixed; BOJ Keeps Monetary Policy Unchanged
Asian shares exhibited a mixed performance on Tuesday, December 19, 2023, following a seven-week winning streak on Wall Street that cooled..
By The Financial District
Dec 20, 20231 min read
Internet Gambling, Sports Gambling Break Records In NJ
Internet gambling and sports betting set new records in New Jersey in November, with more than $171.5 million won from online table games...
By The Financial District
Dec 20, 20231 min read
The Secret Sauce For Taiwan’s Chip Superstardom: BBC News
Dr. Shih Chin-tay and a group of ambitious engineers transformed Taiwan from an island known for exporting sugar and T-shirts into an...
By The Financial District
Dec 20, 20231 min read
Nasdaq Lures More UK Firms To List In U.S.
A leader at a prominent US stock exchange predicts that the trend of UK companies seeking funds in New York will persist.
By The Financial District
Dec 19, 20231 min read
China Woos Malaysia To Assemble High-End Chips
Chinese semiconductor design companies are engaging Malaysian firms to assemble a portion of their high-end chips, aiming to hedge risks...
By The Financial District
Dec 19, 20232 min read
PSE Index Rises To A Milestone Level
The Philippine Stock Exchange (PSE) index reached a milestone level today in a trading session marked by share prices fluctuating between...
By The Financial District
Dec 19, 20232 min read
PSE Index Above Support Level Despite Slight Skid
The Philippine Stock Exchange (PSE) index declined slightly today due to profit-taking, settling at 6,475.50 points, a loss of just 2.94...
By The Financial District
Dec 18, 20231 min read
Brazil Solons OK Tax Reform Overhaul
Brazil’s lower house has approved a major reform of the nation’s notoriously complicated tax system in a significant victory for leftist...
By The Financial District
Dec 18, 20231 min read
Asia Shares Slip As BOJ Sets Meeting, U.S. Inflation Slows
Asia stocks slipped on Monday in a subdued start to a week where Japan's central bank might move further away from its ultra-easy policies..
By The Financial District
Dec 18, 20232 min read
Bataan Ala-Uli Flyover Officially Inaugurated And Opened
The newly-completed Bataan's Ala-Uli Flyover, situated at the intersection of Roman Superhighway and Gov. JJ Linao National Road in the...
By The Financial District
Dec 18, 20231 min read
50% Of Young Japanese Employees Hired During Pandemic Want To Quit
Approximately half of the young employees who joined their companies amid the coronavirus pandemic express a desire to quit.
By The Financial District
Dec 18, 20231 min read
UBS CEO Unconvinced Inflation Is Under Control
The chief executive of Swiss banking giant UBS), Sergio Ermotti, is not convinced central banks have got inflation under control.
By The Financial District
Dec 18, 20231 min read
U.S. Homelessness Up 12% As Rents Soar
The US experienced a dramatic 12% rise in homelessness to its highest reported level as soaring rents and a decline in coronavirus...
By The Financial District
Dec 18, 20232 min read
BBM Cites Japan's Role In Development
President Ferdinand R. Marcos Jr. stated on Sunday that he sees Japan as a major player in the economic development of Southeast Asia...
By The Financial District
Dec 16, 20231 min read
China To Run Budget Deficit Equal To 3% Of GDP
Chinese leaders agreed at an annual meeting on the economy this week to run a budget deficit of 3% of gross domestic product (GDP) in 2024..
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