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Big Banks Maintain "The Sky Is Not Falling" Amid Trump Tariff War
Big banks are offering a cautiously optimistic view of how their customers are faring amid President Trump’s escalating tariff war — and so far, the message is that things aren’t as bad as feared.
By The Financial District
14 minutes ago1 min read


Vietnam Eyes Crackdown on Some China Trade
In hopes of avoiding punishing US tariffs, Vietnam is preparing to crack down on Chinese goods being routed through its territory to the US and plans to tighten controls on sensitive exports to China.
By The Financial District
25 minutes ago1 min read


OpenAI Countersues Elon Musk In Legal Dispute Over ChatGPT
OpenAI is suing Elon Musk for unfair competition and for interfering with its business relationships with investors and customers.
By The Financial District
41 minutes ago1 min read


Apple Has Few Incentives To Start Making iPhones In The U.S.
President Donald Trump’s administration has predicted that its barrage of tariffs targeting China will push Apple into manufacturing the iPhone in the US for the first time.
By The Financial District
48 minutes ago2 min read


Tire Maker Pirelli Has No Plans To Invest In The U.S.
Pirelli is not planning any investments in the United States at this time.
By The Financial District
55 minutes ago1 min read


China Raises Tariffs On US Goods To 125%
China has raised tariffs on US goods from 84% to 125%.
By The Financial District
60 minutes ago1 min read


Tourist Arrivals In Japan Hit Record 3.5 Million In March 2025
The number of foreign visitors to Japan in March rose 13.5% from a year earlier to a record 3.5 million for the month.
By The Financial District
1 hour ago1 min read


China Names New Int’l Trade Negotiator Amid Tariff Tensions With U.S.
Beijing has announced the appointment of Li Chenggang to replace Wang Shouwen—who participated in the negotiations for the 2020 trade deal between China and the US—as its top trade negotiator tasked with brokering a new agreement with the US.
By The Financial District
21 hours ago2 min read


UK Inflation Dips In March As Interest Rate Cut Looms
Inflation in the United Kingdom fell for the second month running in March, largely as a result of lower prices at the pump.
By The Financial District
21 hours ago1 min read


FedEx, UPS Reintroduce Surcharges On Chinese Imports Ahead Of U.S. Tariff Shift
FedEx and UPS are once again imposing surcharges on shipments from China, Hong Kong, and neighboring regions as the U.S. prepares to end duty-free treatment for small-value imports.
By The Financial District
21 hours ago1 min read


Ferrari Reaffirms Commitment To Combustion, Hybrid, And Electric Powertrains
Ferrari will continue investing across all three powertrain categories—internal combustion, hybrid, and fully electric.
By The Financial District
21 hours ago1 min read


Clearview AI Co-Founder Ousted Amid Leadership Shake-Up
Clearview AI co-founder Hoan Ton-That has been removed from the company’s board, marking a rapid descent from leadership after stepping down as CEO in December and resigning as president last month.
By The Financial District
21 hours ago1 min read


No Winners In Tariff War, Only Losers Like Us, China Warns
Chinese President Xi Jinping has broken his silence on the escalating trade war with the United States, warning that there will be “no winners.”
By The Financial District
21 hours ago1 min read


U.S. Dollar Sags vs. Swiss Franc, Euro Over Tariff Woes
In just one week, the US dollar has gone from a safe haven to a target of investor anxiety, as President Donald Trump's chaotic tariff policies—aimed at both allies and adversaries—undermine decades of trust in the world's reserve currency.
By The Financial District
2 days ago1 min read


Hongkong Post Halts U.S. Parcel Shipments Over New Tariffs
Hongkong Post will suspend shipments of small parcels to the United States after Washington announced it would revoke a long-standing duty-free exemption on low-value goods, starting May 2.
By The Financial District
2 days ago1 min read


Tech Shares Slide After Nvidia Warns Of $5.5-B Hit From U.S. Export Curbs
Shares of major chipmakers fell sharply after Nvidia said tighter U.S. export controls on advanced AI chips would cost the company $5.5 billion in potential sales.
By The Financial District
2 days ago1 min read


Amazon Workers Battle Bureaucracy, Says CEO Andy Jassy
Amazon CEO Andy Jassy is taking aim at internal bureaucracy after receiving nearly 1,000 complaints from employees frustrated by red tape.
By The Financial District
2 days ago1 min read


Trump Wants LNG Pipeline Project Completed—But States Want None Of It
A dispute over a proposed 124-mile natural gas pipeline from Pennsylvania to upstate New York is shaping up to be one of the most consequential energy battles of the early Trump administration.
By The Financial District
2 days ago2 min read


Metro Retail Net Sales Reach ₱39.62 Billion In 2024 On Expansion, Food Retail Growth
Metro Retail Stores Group, Inc. (MRSGI) reported net sales of P39.62 billion for 2024, a 3.5% increase from P38.27 billion in 2023, driven by its continued expansion and a 4.9% rise in food retail business.
By The Financial District
2 days ago2 min read

PSE Index Falls As Holding Firms Falter
The Philippine Stock Exchange (PSE) index snapped its two-day winning streak on Monday, retreating by 51.48 points or 0.83% to close at 6,134.62.
By The Financial District
4 days ago2 min read


SM Prime Sees Strong Demand For Mall-Based Offices
SM Offices, the office development arm of SM Prime Holdings, is experiencing robust demand for its mall-based office spaces as businesses continue to seek mixed-use developments that combine workplace convenience with lifestyle amenities.
By The Financial District
4 days ago2 min read


Logitech Is Latest Firm To Junk Guidance Due To Trade Uncertainty
Logitech has become the latest company to withdraw its financial guidance amid mounting uncertainty surrounding global trade.
By The Financial District
4 days ago1 min read


Daily Tariff Policy Changes Upset Fed Rate Setting
March’s much cooler-than-expected inflation report might have encouraged Federal Reserve officials just months ago, strengthening the case for gradual interest-rate cuts.
By The Financial District
4 days ago1 min read


Meta’s AI Research Lab Is "Dying A Slow Death"
When Meta’s head of AI research, Joelle Pineau, announced her departure last week, many wondered what was happening with FAIR—the once-famed Meta AI lab she had led for the past two years.
By The Financial District
4 days ago1 min read
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