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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)...
By The Financial District
Sep 25, 20231 min read
PH Launches Tuesday Dollar RTB Offer
The government is launching a US dollar-denominated retail Treasury Bonds (RTB) on Tuesday, September 26.
By The Financial District
Sep 25, 20232 min read
PSE Index Gains Ground
The Philippine Stock Exchange (PSE) index today made significant gains, with the mining and oil sub-index being the only sector to lose...
By The Financial District
Sep 25, 20231 min read
Scientists Work To Make Crops More Efficient In Photosynthesis
Nearly 3 in 10 people worldwide faced food shortages in 2022, with over a tenth experiencing severe food insecurity.
By The Financial District
Sep 25, 20231 min read
U.S. Sets Rules To Prevent China From Accessing Part Of $52-B Chip Fund
The US Commerce Department has issued the final rules aimed at preventing semiconductor manufacturing subsidies from benefiting China and...
By The Financial District
Sep 25, 20231 min read
McCarthy's Plan To Avoid Shutdown Criticized By Party Colleagues
Speaker Kevin McCarthy sent his House members home for the week without a clear plan to prevent a government shutdown after hardliners in...
By The Financial District
Sep 25, 20231 min read
Russia Freezes Gasoline And Diesel Exports
Russia recently announced a ban on the export of gasoline and diesel fuel, with the aim of stabilizing rising domestic prices and...
By The Financial District
Sep 25, 20231 min read
Market Bleeds As Global Equity Funds Withdraw
Global equity funds experienced significant outflows in the seven days ending on September 20, amid concerns that the Federal Reserve...
By The Financial District
Sep 25, 20231 min read
Fed Keeps Rates Unchanged; Market Awaits "Soft Landing"
The Federal Reserve has left its benchmark interest rate unchanged for the second time in its last three meetings, indicating that it is...
By The Financial District
Sep 25, 20231 min read
Trudeau's Mega Pipeline To Redraw Global Oil Flows
The nearly completed expansion of the Trans Mountain pipeline promises to vault Canada into a new role in global markets by transporting...
By The Financial District
Sep 23, 20231 min read
World Shares, Asian Equities Mixed
Shares in Europe were mostly lower on Friday, September 22, 2023, following mixed trading in Asia due to concerns over interest rates.
By The Financial District
Sep 23, 20232 min read
PBBM Vows To Improve Lives Of Farmers
The government will continue to seek ways to enhance the quality of life for farmers and increase productivity levels in the agriculture...
By The Financial District
Sep 23, 20233 min read
Business Sentiment Down But Consumers Upbeat
Business establishments are pessimistic about the rest of the year, while consumer sentiment is slightly...
By The Financial District
Sep 22, 20232 min read
PSE Index Achieves A Milestone Level
The Philippine Stock Exchange (PSE) index rose to a milestone level today, driven by continued bargain hunting as investors responded to...
By The Financial District
Sep 22, 20232 min read
U.S. Debt Climbs To $33 Trillion As Government Shutdown Looms
As the US national debt surpasses $33 trillion and a government shutdown looms, Wall Street is on the defensive.
By The Financial District
Sep 21, 20232 min read
PSE Index Rises
The Philippine Stock Exchange (PSE) index rose today to 6,094.71, up by 53.67 points or 0.89 percent, with four of the sub-indices posting..
By The Financial District
Sep 21, 20231 min read
Water Levels At Thai Dams Down 54%; Rice Yield Threatened
Thailand's water shortage is likely to worsen into 2024 as the dry El Niño weather phenomenon strengthens, according to government...
By The Financial District
Sep 21, 20231 min read
China To Expand Use Of Geothermal Energy
China will actively expand the use of geothermal energy.
By The Financial District
Sep 21, 20232 min read
Estonia, Philippines Explore Digital Cooperation
Department of Information and Communications Technology (DICT) Secretary Ivan John E. Uy and Estonian Prime Minister Kaja Kallas have...
By The Financial District
Sep 21, 20231 min read
Vietnam Pushes Semiconductor Industry
Vietnam has a rapidly developing semiconductor ecosystem and an opportunity to elevate its position in the global supply chain.
By The Financial District
Sep 20, 20232 min read
PSE Index Stumbles Despite Late Rally
The Philippine Stock Exchange (PSE) index experienced some fluctuations during the trading day but ultimately closed at 6,041.04 points...
By The Financial District
Sep 20, 20232 min read
Fed Unlikely To Raise Rates In November: Goldman Sachs
Goldman Sachs strategists have suggested that the Federal Reserve is unlikely to raise interest rates at its meeting scheduled for October..
By The Financial District
Sep 20, 20231 min read
Newsom To Sign Climate Transparency Laws For Big Business
California Governor Gavin Newsom has announced his intention to sign into law a pair of climate-focused bills designed to compel major...
By The Financial District
Sep 20, 20231 min read
McCarthy Demands 8% Spending Cut To Avert Shutdown
House Speaker Kevin McCarthy has announced demands to prevent a US government shutdown set for October 1st, proposing a one-month delay.
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