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By The Financial District
Oct 4, 20231 min read
PH Expects "Stable" Rice Supply in Q4
The country is expected to have a stable supply of rice in the last quarter of the year, according to an agriculture official.
By The Financial District
Oct 4, 20232 min read
5-Year Action Plan For Senior Citizens Unveiled
As the country observes Elderly Filipino Week from October 1 to 7, the National Commission of Senior Citizens (NCSC) has launched the...
By The Financial District
Oct 4, 20231 min read
Jeepney Fare Up
The Land Transportation Franchising and Regulatory Board (LTFRB) has approved a provisional jeepney fare increase nationwide.
By The Financial District
Oct 3, 20232 min read
PSE Index Back To Green Amidst Profit-Taking
The Philippine Stock Exchange (PSE) index inched up today as it recovered from earlier losses, ending the day at 6,305.99 points, up by...
By The Financial District
Oct 2, 20232 min read
PSE Index Falters On Foreign Selling
The Philippine Stock Exchange (PSE) index declined today as foreign investors once again became net sellers, resulting in muted value...
By The Financial District
Oct 2, 20231 min read
Japan Households To Face Price Hikes This Month
Japanese households are poised to experience additional financial strain due to a new round of price increases scheduled for October on...
By The Financial District
Oct 2, 20231 min read
Japanese Utility Offers Free Power Due To Solar Oversupply
The electric utility serving Japan's southwest Kyushu region has announced that electricity will effectively be free for some households...
By The Financial District
Oct 2, 20231 min read
Nobel Laureate Criticizes Economists For Promoting Incorrect Theories
Angus Deaton, the Scottish-born son of a former coal miner, has spent half a century ascending to the pinnacle of the economics profession.
By The Financial District
Oct 2, 20232 min read
Biden: Government Shutdown Threat A Trump-Manufactured "Crisis"
With a looming deadline, Congress approved a short-term funding bill on Saturday (Sunday, October 1, 2023, in Manila) to keep federal...
By The Financial District
Oct 2, 20231 min read
Wheat Futures Drop To 3-Year Low As U.S. Inventory Rises
Wheat futures experienced a significant decline after the US Department of Agriculture (USDA) revealed that domestic production and...
By The Financial District
Oct 2, 20232 min read
U.S. Market Will Have To Contend With Regime Of High Interest Rates
Investors are struggling to make peace with a new reality: Interest rates are likely to remain higher for longer.
By The Financial District
Oct 2, 20232 min read
EO 41 Seen To Make Prices Of Goods More Affordable This Christmas Season
President Ferdinand R. Marcos Jr. has issued Executive Order (EO) 41, which aims to make the prices of goods more affordable during the...
By The Financial District
Oct 2, 20232 min read
The Philippines Makes First Avocado Export To South Korea
The Philippines has successfully made its first export of Hass avocados to South Korea, marking a significant step in the trade...
By The Financial District
Sep 30, 20231 min read
Asian Shares Mixed Despite Wall Street Gains
Asian markets showed a mixed performance on Friday, with several markets closed due to public holidays in the region.
By The Financial District
Sep 29, 20232 min read
PSE Index Crumbles; Misses 6,400-Point Resistance
The Philippine Stock Exchange (PSE) index experienced a significant decline today, putting an end to its bullish sentiment.
By The Financial District
Sep 29, 20232 min read
McCarthy Stalls As Senate Pushes To Avoid Shutdown
While the Senate forges ahead with a bipartisan effort to avert a government shutdown, House Speaker Kevin McCarthy finds himself back at...
By The Financial District
Sep 29, 20232 min read
BSP Reports $153 Million In Investments For August
The Bangko Sentral ng Pilipinas (BSP) has disclosed that transactions involving foreign investments through authorized agent banks in Aug...
By The Financial District
Sep 29, 20231 min read
Jamie Dimon Urges Clients To Prepare For Interest Rates Reaching 7%
Wall Street was rattled last week when the Federal Reserve announced it would maintain higher interest rates for a longer duration than...
By The Financial District
Sep 29, 20232 min read
Rhodium Is World's Most Valuable Metal At $10,300 An Ounce
Gold's versatility, conductivity, durability, and aesthetic appeal firmly establish it among the top five most valuable metals.
By The Financial District
Sep 29, 20232 min read
Wall Street Declines Amid Concerns About Interest Rates
Wall Street turned lower as multiple concerns on Thursday, including anxiety over interest rates, rising oil prices, and the potential for..
By The Financial District
Sep 29, 20232 min read
Climate Change Drives Southeast Asia Toward Energy Sharing
The pressing need for Southeast Asian nations to transition to clean energy as a response to climate change is rekindling a 20-year-old...
By The Financial District
Sep 28, 20232 min read
Surging Dollar Pushes "Pseudo-Tightening" In Southeast Asia
The surging dollar is prompting Southeast Asian central banks to employ alternative measures, aside from interest rate hikes, in their...
By The Financial District
Sep 28, 20231 min read
China's Aging Population Poses A Challenge To Future Growth
Beijing is currently grappling with a gradually unfolding demographic crisis that will carry significant implications for future economic...
By The Financial District
Sep 28, 20231 min read
Oil Price Hikes May Stumble As Non-OPEC Output Rises
Oil prices, currently approaching $100 a barrel, face several factors that could hinder a sustained rally beyond this level, according to...
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