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By The Financial District
Dec 6, 20231 min read
COP28 Chief’s "No Science" Fossil Fuel Claim Slammed
The current president of COP28, this year's oil magnate leading the United Nations–backed climate change summit, is attempting to walk...
By The Financial District
Dec 6, 20231 min read
Global Hedge Funds Dump Chinese Stocks
China and the broader emerging Asia market stocks were among the most net-sold regions by global hedge funds in November.
By The Financial District
Dec 6, 20231 min read
Moody's Cuts China Credit Outlook On Low Growth, Property Risks
Moody's, the ratings agency, has downgraded its outlook on China's government credit ratings, shifting it from stable to negative.
By The Financial District
Dec 6, 20231 min read
Asian Stocks Slide As Focus Turns To U.S. Jobs
Asian stocks dipped to three-week lows on Tuesday, December 5, 2023, while bonds and the dollar stabilized as investors tempered...
By The Financial District
Dec 5, 20232 min read
PH, World Economic Forum Ink Pacts To Protect Blue Carbon And Curb Plastic Pollution
The Philippines and the World Economic Forum (WEF) have signed agreements to protect and restore the "blue carbon ecosystem," encompassing..
By The Financial District
Dec 5, 20231 min read
COP28 Hears Big Promises On Oil
Countries and oil companies participating in the UN climate talks have pledged to make significant progress in addressing global warming...
By The Financial District
Dec 5, 20231 min read
Japan Vows Not To Build New Coal Plants
Japan has pledged not to start building any more unabated coal-fired power plants at home, adding to international efforts aimed at...
By The Financial District
Dec 5, 20232 min read
PSE Index Back Up
The Philippine Stock Exchange (PSE) index gained traction today, with investors anticipating a Christmas rally as foreign investors once...
By The Financial District
Dec 4, 20231 min read
Prices Of 30,000 Japan Food Products Soared In 2023
The prices of 32,395 food products surged in Japan in 2023, a substantial increase from the previous year's 25,768 items, according to...
By The Financial District
Dec 4, 20231 min read
OPEC+ Members OK Voluntary Oil Production Cuts
Several OPEC+ countries agreed to voluntarily cut oil production by a total of 2.2 million barrels per day in the first quarter of 2024.
By The Financial District
Dec 4, 20231 min read
Analysts At Chinese Bank Told Not To Write Bearish Views
China International Capital Corp (CICC), the country's third-largest investment bank by market value, has instructed analysts not to...
By The Financial District
Dec 3, 20232 min read
Munger Criticized Crypto As A Scam And Questions AI Hype
Charlie Munger criticized cryptocurrencies, cautioned about the overhype surrounding artificial intelligence (AI), and lauded Zoom at...
By The Financial District
Dec 2, 20231 min read
World Economy To Sputter Next Year, OECD Warns
The global economy, which has proved surprisingly resilient this year, is expected to falter next year under the strain of wars...
By The Financial District
Dec 1, 20232 min read
PSE Index Gains
The Philippine Stock Exchange (PSE) index gained momentum today, propelled by a significant increase in net foreign buying.
By The Financial District
Dec 1, 20231 min read
Europe's Signa Toppled In Property Rout
Property and retail giant Signa has declared insolvency after last-ditch attempts to secure fresh funding failed, making it the biggest...
By The Financial District
Dec 1, 20231 min read
Chinese Manufacturing Contracts For 2nd Straight Month
China's manufacturing activity contracted for a second straight month in November, and at a quicker pace, suggesting more stimulus will be..
By The Financial District
Dec 1, 20231 min read
Singapore, Zurich World's Most Expensive Cities: EIU
Singapore and Zurich tied for the world's most expensive city this year, followed by Geneva, New York, and Hong Kong.
By The Financial District
Dec 1, 20232 min read
PSE Index Down Anew On Foreign Selling
The Philippine Stock Exchange (PSE) index continued its decline today, driven by foreign selling, closing at 6,223.73 points, down by...
By The Financial District
Nov 30, 20232 min read
PSE Index Gives Up Gains
The Philippine Stock Exchange (PSE) index relinquished its gains on Tuesday due to profit-taking, disrupting the anticipated year-end rally.
By The Financial District
Nov 30, 20231 min read
PH On 'Solid' Economic Recovery --- S&P
The Philippines has been affirmed with "BBB+" long-term and "A-2" short-term sovereign credit ratings with a stable outlook, reflecting...
By The Financial District
Nov 30, 20231 min read
Trust Entities Allowed Access To BSP Bills
The Bangko Sentral ng Pilipinas (BSP) has expanded the list of entities allowed access to BSP-issued securities, aiming to siphon off...
By The Financial District
Nov 29, 20232 min read
Government Increases Agri Production To Mitigate Inflation
The government is implementing various measures to ensure ample local production of basic goods, aiming to mitigate inflation.
By Lito U. Gagni
Nov 28, 20232 min read
Subic Bay Smuggling A Big Problem For DA
Smuggling at the Subic Bay Metropolitan Authority (SBMA) poses a significant challenge for the Department of Agriculture (DA), as the...
By The Financial District
Nov 27, 20232 min read
PH Marks Record USD1.1 Billion Sales In China Expo
The Philippines has marked record-high sales amounting to USD 1.1 billion in this year’s 6th China International Import Expo (CIIE).
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