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De Beers Slashes Diamond Prices Amid Prolonged Industry Downturn
De Beers has implemented some of the largest reductions ever to its official diamond prices, signaling a possible shift in its long-standing strategy of supporting prices above prevailing market levels.
By The Financial District
23 hours ago1 min read


NATO Unveils Major Defense Deals as Leaders Seek to Reassure Trump
NATO leaders unveiled defense agreements worth tens of billions of dollars in Turkey, underscoring their commitment to increasing defense spending in response to long-standing U.S. calls for greater European burden-sharing.
By The Financial District
23 hours ago2 min read
Unemployed Chinese Turn to Community Centers for Free Job-Hunting Spaces
As layoffs continue in parts of China's economy, many unemployed workers are using community service centers as free workspaces while searching for new jobs.
By The Financial District
23 hours ago1 min read


Japanese Brewers Expand Alcohol-Free Drinks as Young Consumers Drink Less
Major Japanese brewers are expanding their nonalcoholic and low-alcohol product lines as younger consumers increasingly reduce their alcohol consumption.
By The Financial District
23 hours ago1 min read


Bloomberg Economics Sees Higher Global Interest Rates Lasting Through 2028
The recent conflict between the United States and Iran could have lasting consequences for global monetary policy, with Bloomberg Economics forecasting that interest rates may remain higher than previously expected through 2028.
By The Financial District
23 hours ago1 min read


PSE Index Climbs 1.01% as Local Investors Drive Bargain Hunting
The Philippine Stock Exchange (PSE) index ended the week on a strong note Friday, rising 62.83 points, or 1.01 percent, to close at 6,286.70 as local investors stepped up bargain hunting.
By The Financial District
1 day ago2 min read


HappyOrNot Enters a New Chapter
HappyOrNot, the Finnish customer experience technology company best known for its iconic Smiley feedback terminals, is entering a pivotal new phase as it sharpens its focus on artificial intelligence and real-time operational intelligence.
By The Financial District
2 days ago3 min read


Comcast Restructuring Raises Questions Over Sky's ITV Acquisition
Comcast's decision to split its media assets from its broadband and cable operations has raised fresh questions about the future of Sky and its proposed acquisition of ITV.
By The Financial District
2 days ago1 min read


Vietnam Intensifies Crackdown on Counterfeit Luxury Goods
Vietnam has intensified its crackdown on counterfeit luxury goods after police raided warehouses outside Ho Chi Minh City and seized more than 23,000 pairs of counterfeit slippers bearing the logos of brands including Nike, Adidas, Crocs, and Gucci.
By The Financial District
2 days ago1 min read


SpaceX Shares Sink Below Debut Price Despite Nasdaq-100 Inclusion
SpaceX shares fell to an all-time low, dropping below their market debut price despite the company's recent inclusion in the Nasdaq-100 Index.
By The Financial District
2 days ago1 min read


Canada Set to Choose Between German and South Korean Submarine Bids
Canada is expected to decide on Monday between bids from ThyssenKrupp Marine Systems of Germany and Hanwha Ocean of South Korea to build a fleet of 12 conventionally powered submarines in one of the country's largest-ever military procurement programs.
By The Financial District
2 days ago1 min read


Thailand Shifts Tourism Strategy Toward High-Spending Visitors
Thailand is shifting its tourism strategy from maximizing visitor arrivals to attracting higher-spending travelers.
By The Financial District
2 days ago1 min read


Toyota to Invest $3.6 Billion in Texas Plant, Shift Tacoma Production from Mexico
Toyota Motor Corp. will invest $3.6 billion to build a new assembly line at its San Antonio, Texas, manufacturing plant as it shifts part of its Tacoma pickup truck production from Mexico.
By The Financial District
2 days ago1 min read


Stephen Miller Signals Possible Restrictions on Birth Tourism After Supreme Court Ruling
Following the US Supreme Court's ruling preserving birthright citizenship under the 14th Amendment, White House Deputy Chief of Staff Stephen Miller suggested the Trump administration could consider additional restrictions aimed at addressing so-called "birth tourism.”
By The Financial District
2 days ago1 min read


Bonnie Tyler, Voice Behind "Total Eclipse of the Heart," Dies at 75
Bonnie Tyler, the gravelly voiced, Grammy-nominated Welsh singer best known for the 1983 chart-topping power ballad "Total Eclipse of the Heart," has died at the age of 75.
By The Financial District
2 days ago2 min read


Walmart and Sam's Club Cut Prices on Thousands of Summer Essentials
Walmart and its warehouse subsidiary, Sam's Club, have lowered prices on thousands of products as part of a summer savings campaign across the United States.
By The Financial District
2 days ago1 min read


Sky Agrees to Acquire ITV's Media Business in £1.6 Billion Deal
Sky, the UK television, broadband and mobile provider owned by Comcast, has agreed to acquire ITV's media and entertainment division for up to £1.6 billion (about US$2.1 billion) after months of negotiations.
By The Financial District
2 days ago1 min read


PSE Index Falls 0.83% as Geopolitical Tensions Weigh on Investor Sentiment
The Philippine Stock Exchange (PSE) index tumbled on Thursday, closing at its intraday low of 6,223.87, down 51.90 points, or 0.83 percent, as geopolitical tensions dampened investor sentiment.
By The Financial District
3 days ago2 min read


Trump Presses NATO Allies for Greater Loyalty Ahead of Summit
Since taking office as Mark Rutte, the former Dutch prime minister has worked to keep the United States firmly committed to North Atlantic Treaty Organization, often seeking to ease tensions with US President Donald Trump.
By The Financial District
3 days ago1 min read


China Test-Fires Submarine-Launched Ballistic Missile Into Pacific
The Chinese navy has test-fired a submarine-launched strategic ballistic missile into the Pacific Ocean after Japan urged Beijing to reconsider the exercise.
By The Financial District
3 days ago1 min read


UEFA Criticizes FIFA Over Suspension of Balogun's Red-Card Ban
UEFA accused FIFA of crossing "a red line" after the governing body suspended for one year the enforcement of Folarin Balogun's automatic one-match suspension.
By The Financial District
3 days ago1 min read


Wall Street Expects Stock Market Rally to Continue in Second Half of 2026
Wall Street strategists expect the US stock market to continue advancing in the second half of 2026 after a strong performance during the previous quarter.
By The Financial District
3 days ago1 min read


7-Eleven Sues Nike Over Sneaker Design It Says Mimics Its Brand
7-Eleven has filed a trademark infringement lawsuit against Nike, alleging that the sportswear giant unlawfully copied the convenience store chain's signature color scheme for a new sneaker.
By The Financial District
3 days ago1 min read


Chinese Ex-Official Sentenced to Death in $325 Million Bribery Case
A Chinese court has sentenced former economic development official Yang Youlin to death after finding him guilty of accepting bribes totaling more than $325 million over a 30-year period.
By The Financial District
3 days ago1 min read
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