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By The Financial District
Oct 11, 20232 min read
PSE Index Sputters
The Philippine Stock Exchange (PSE) index closed lower today at 6,253.96 points, down by 10.11 points or 0.16 percent following a flurry...
By The Financial District
Oct 11, 20232 min read
Australia's "Deal Team" To Attract Investments In The Philippines
The Australian government is poised to establish an Investment Deal Team in the Philippines to encourage Australian investments in the...
By The Financial District
Oct 11, 20231 min read
Fed Officials Say Spike In Bond Yields May Leave Rates Unchanged
Two Federal Reserve officials stated on Monday that the central bank might decide to keep interest rates unchanged at its next meeting.
By The Financial District
Oct 10, 20231 min read
Asian Shares Gain On Report U.S. Interest Rates Won't Rise
Asian shares have climbed after Wall Street advanced on potentially encouraging news about interest rates, which have been dragging...
By The Financial District
Oct 10, 20231 min read
Investors Find Europe’s Luxury Stocks Losing Luster
Europe's luxury brands may have dazzled at Paris Fashion Week, but investors are questioning their appetite for these shares amid a...
By The Financial District
Oct 10, 20231 min read
Nobel Economics Prize Awarded To Female Harvard Professor
The Nobel Prize in Economics Sciences was awarded on Monday to Harvard University professor Claudia Goldin for her research that has...
By The Financial District
Oct 10, 20232 min read
PSE Index Bucks Profit-Taking, Ends Day Up
The Philippine Stock Exchange (PSE) index surged early, and at market recess, it was pointing to a hefty gain, only to be met with a...
By The Financial District
Oct 10, 20231 min read
Bank of Israel Sells $30 Billion Of Forex To Stabilize Shekel
The Bank of Israel announced on Monday that it will sell up to $30 billion of foreign currency in the open market, marking the central...
By The Financial District
Oct 10, 20231 min read
Hamas Attack Boosts Appeal Of Gold And Safe-Haven Assets
The violence in Israel is likely to prompt a shift toward safe-haven assets as investors closely monitor events in the Middle East to...
By The Financial District
Oct 10, 20232 min read
Australian Firms Eye Building 40-MW Thorium Reactor Plant In The Philippines
Two Australia-based firms, Southern Infrastructure Pty. Ltd. and Kaizen ANZ Pty. Ltd., have expressed interest in building a 40-megawatt...
By The Financial District
Oct 10, 20231 min read
70% Of Care Service Providers Grapple With Labor Shortage
The shortage is most pronounced for home visit caregivers, with 83.5% of geriatric and other caregiving facilities responding that they...
By The Financial District
Oct 10, 20231 min read
Japan And Australia Agree To Ensure Stable LNG, Coal Supply
Japan and Australia have reached an agreement to secure a stable supply of energy resources, including liquefied natural gas (LNG) and...
By The Financial District
Oct 9, 20232 min read
U.S. Generates 336,000 Jobs in September
In September, the United States saw a significant increase in employment, marking the most substantial growth in eight months.
By The Financial District
Oct 9, 20232 min read
Arterial Road Bypass Project Reduces Travel Time Between Two Bulacan Towns
The Marcos administration inaugurated today a road project that is expected to reduce travel time between Balagtas and San Rafael towns in..
By The Financial District
Oct 9, 20232 min read
PSE Index Still Anemic
The Philippine Stock Exchange (PSE) index experienced a slight decline, closing at 6,252.16 points, down by 7.79 points or 0.12 percent.
By The Financial District
Oct 9, 20232 min read
Global Economy Resilient Despite COVID, War, And Inflation
The global economy has displayed "remarkable resilience," despite bearing deep scars from the coronavirus pandemic, the war in Ukraine...
By The Financial District
Oct 9, 20231 min read
China's Holiday Travel Returns To Pre-Pandemic Levels
Chinese tourists crowded popular sites as travel bounced back to pre-pandemic levels during a recent eight-day national holiday, providing..
By The Financial District
Oct 9, 20231 min read
China's Forex Reserves Decline To $3.115 Trillion In September
China's foreign exchange reserves fell more than expected in September.
By The Financial District
Oct 9, 20231 min read
Israeli Markets Sink, Businesses Shuttered
Israeli stock and bond prices slid, and many businesses were closed on Sunday, October 8, 2023, a day after Hamas gunmen from Gaza killed...
By The Financial District
Oct 9, 20231 min read
Staff Shortages Force Nursing Schools To Turn Away Applicants
At a time when registered nurses are going on strike to protest staffing shortages, thousands of applicants who want to enter or advance...
By The Financial District
Oct 9, 20231 min read
Gold Losing Its Shine As Bond Yields Rise
Gold is facing tough competition this year as the preferred haven for cautious investors.
By The Financial District
Oct 9, 20232 min read
El Niño To Impact Rice Production
Up to 257,000 hectares of rice fields, with an estimated output of about 1.46 million metric tons of rice, are at risk of being...
By The Financial District
Oct 9, 20232 min read
RISC-V Chip: New Battleground In U.S.-China Tech War
President Joe Biden's administration is facing pressure from some lawmakers to restrict US companies from working on freely available chip..
By The Financial District
Oct 9, 20232 min read
U.S. Carmakers' Sales Surge Despite Higher Prices
During the summer, automakers reported significant increases in new vehicle sales, defying factors such as high prices, rising interest...
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