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By The Financial District
Sep 28, 20232 min read
China Struggles To Identify A Credible Scapegoat For Property Crisis
This week, Caixin reported that China had detained the former CEO and CFO of the crisis-ridden property giant, China Evergrande Group...
By The Financial District
Sep 28, 20232 min read
OPEC Going Into A Death Spiral, And EVs Are To Blame
Saudi and OPEC officials seemingly do not believe their own claim that world oil demand will continue to grow robustly for another...
By The Financial District
Sep 28, 20231 min read
Oil Prices Still Rising As Scarcity Grips Market
Oil edged higher as the impact of rapidly tightening supplies outweighed weakening risk appetite in broader markets.
By The Financial District
Sep 28, 20231 min read
Economists Grouse: Xi Not Doing Enough To Solve Crisis
Economists are expressing dissatisfaction with Chinese President Xi Jinping's efforts to address the current crisis in his country...
By The Financial District
Sep 28, 20231 min read
China's Youth Won't Eat Xi's Bitterness
China has overestimated its economy's capacity to create white-collar jobs, leading to a doubling of the urban unemployment rate for 16 to..
By The Financial District
Sep 27, 20232 min read
PSE Index Gains More Ground
The Philippine Stock Exchange (PSE) index gained further ground today, poised to reach another milestone level as it increased by 110.74...
By The Financial District
Sep 27, 20231 min read
Bankrupt China Oceanwide To Be Liquidated By Bermuda Court
China Oceanwide Holdings, a Beijing-based private developer, announced on Monday that the bankrupt company would be liquidated by a...
By The Financial District
Sep 27, 20231 min read
Xi’s Policies Discouraging Foreign Investments
The increasing authoritarianism of Chinese President Xi Jinping appears to be discouraging foreign investors.
By The Financial District
Sep 27, 20231 min read
China’s Economic Downturn Not Solely Attributed To COVID
While many have attributed China's economic downturn to President Xi Jinping's three-year "zero COVID" policy, it's important to note that..
By The Financial District
Sep 27, 20231 min read
Poland Creating Routes For Ukrainian Grain, President Announces
Poland has established transit corridors that will enable Ukrainian grain shipments to pass through its territory and reach countries in...
By The Financial District
Sep 27, 20231 min read
Egypt Shifts Away From Russia, Seeks Wheat From France And Bulgaria
Egypt is set to transition to sourcing nearly 500,000 tons of wheat from France and Bulgaria after Moscow blocked the supply of Russian...
By The Financial District
Sep 27, 20231 min read
Fukushima Water Reduces China's Japan Seafood Imports by 68%
China's seafood imports from Japan dropped by 67.6% from the previous year in August.
By The Financial District
Sep 27, 20231 min read
China Reform Holdings Plans $13.7 Billion Emerging Industry Fund
China Reform Holdings Corp, a state asset manager in China, is in the process of raising at least 100 billion yuan (about $13.7 billion)...
By The Financial District
Sep 26, 20232 min read
PSE Index Surges Upward
The Philippine Stock Exchange (PSE) index experienced a significant surge today, reaching a milestone level as all sub-indices recorded...
By The Financial District
Sep 26, 20231 min read
China-Arab States Expo Ends With $23.4 Billion In Deals
The sixth China-Arab States Expo, held in Yinchuan, China, concluded with the signing of deals worth a total of 171 billion yuan...
By The Financial District
Sep 26, 20231 min read
Is Xi Jinping To Be Blamed For China's Economic Slump?
China's economy, which had experienced the longest-running boom in history, is facing a significant slowdown.
By The Financial District
Sep 26, 20231 min read
UK's Increased Borrowing Puts Pressure On Tax Cuts
The United Kingdom has seen an increase in public borrowing in the first five months of the tax year, potentially limiting the ability of...
By The Financial District
Sep 26, 20232 min read
Chinese Firm Could Be Ruining Cambodian National Park With "Tourist City"
The Dara Sakor project in Cambodia, initiated in early 2008 by the Chinese construction firm UDG, has come under scrutiny for its alleged...
By The Financial District
Sep 26, 20231 min read
Brexit Rules Could Cost Carmakers Billions, According To BBC News
Brexit trade rules related to electric vehicles (EVs) could potentially result in European manufacturers facing costs of £3.75 billion...
By The Financial District
Sep 26, 20231 min read
Poland Blocks Entry Of Ukrainian Grain
A dispute regarding the entry of Ukrainian grain into the domestic markets of Poland and other European Union (EU) countries has strained...
By The Financial District
Sep 26, 20232 min read
China's 1.4 Billion People Couldn't Fill All Vacant Homes, Former Official Admits
Even China's population of 1.4 billion would not be sufficient to occupy all the unoccupied apartments scattered across the country.
By The Financial District
Sep 26, 20232 min read
Asian Shares Mostly Lower As Wall Street Suffers Worst Week
Most Asian shares traded lower on Monday, with Tokyo being the only major regional market to make gains, following Wall Street's continued..
By The Financial District
Sep 25, 20231 min read
Budget Deficit Widened In August
In August, the national government's (NG) budget deficit expanded to P133 billion due to a decline in revenues.
By The Financial District
Sep 25, 20231 min read
Peso Expected To Rebound After BSP Policy Stance
The peso is anticipated to rebound against the US dollar this week, following hawkish remarks from the Bangko Sentral ng Pilipinas (BSP)...
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