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PSE Index Slumps On “Iran Surrender” Call
The Philippine Stock Exchange (PSE) index slumped on Wednesday to 6,337.43 points, down by 31.76 points or 0.50 percent, as geopolitical risks escalated following U.S. President Trump’s call for the unconditional surrender of Iran.

By The Financial District
7 minutes ago2 min read


BCDA’s Revenues Triple To PHP22.1B In 2024 From PHP7.3B In 2023
The Bases Conversion and Development Authority (BCDA) reported an impressive financial performance in 2024, generating total gross revenues of PHP22.1 billion—three times higher than the PHP7.3 billion recorded in 2023.

By The Financial District
15 minutes ago2 min read


JetZero To Build $4.7-Billion Aircraft Plant In North Carolina, Hire 14,500
JetZero Inc. has announced plans to build a $4.7-billion manufacturing plant in Greensboro, North Carolina, to produce its next-generation Z4 aircraft.

By The Financial District
8 hours ago1 min read


China’s Factories Slow, But Consumers Unexpectedly Perk Up
China’s industrial output growth slowed to a six-month low in May, while retail sales rebounded, offering temporary relief for the world’s second-largest economy.

By The Financial District
8 hours ago1 min read


Half Of Japanese Universities Blame Job Rules For Weak Research Work
A rule allowing fixed-term academic employees to switch to indefinite employment after 10 years is a major factor in Japan’s declining research output.

By The Financial District
8 hours ago1 min read


Thai Airways Gets Court Approval To Exit Bankruptcy
Thai Airways has received court approval to exit its business rehabilitation process, paving the way for a return to trading on the Stock Exchange of Thailand.

By The Financial District
9 hours ago1 min read


Reeves Blames Trump Tariffs For Latest UK Economic Slump
UK Chancellor Rachel Reeves has blamed U.S. President Donald Trump's tariff policies for the country's latest economic downturn.

By The Financial District
9 hours ago1 min read


Chime’s IPO On Nasdaq Soars 37%, Bringing Valuation To $16 Billion
Digital bank Chime’s stock surged in its Nasdaq debut, rising 37% and pushing its valuation to $16 billion.

By The Financial District
9 hours ago1 min read


Millions Join "No Kings" Protests; Fewer Than 5,000 Attend Trump’s $75-M Parade
Millions of demonstrators filled streets, parks, and plazas across the U.S. for nationwide "No Kings" protests against President Donald Trump.

By The Financial District
9 hours ago1 min read


Trump Says He’ll Announce Unilateral Tariff Rates Within Weeks
U.S. President Donald Trump said he will begin notifying trade partners of new unilateral tariff rates within the next two weeks.

By The Financial District
23 hours ago1 min read


Airbus Bags Jet Orders As Franco-Israeli Dispute Rocks Air Show
Airbus secured multibillion-dollar aircraft orders from Saudi Arabia and Poland on the opening day of the Paris Air Show.

By The Financial District
23 hours ago1 min read


Shares Of Meatpacking Giant JBS Fall In NYSE Debut
Shares of Brazilian meat giant JBS dropped 3.9% in their debut on the New York Stock Exchange (NYSE).

By The Financial District
24 hours ago1 min read


Renault Boss de Meo Quits, Takes Over Gucci-Owner Kering
Renault CEO Luca de Meo is stepping down from the French carmaker to take on a new role outside the auto industry.

By The Financial District
24 hours ago1 min read


Japan’s Opposition Backs Off No-Confidence Motion
Yoshihiko Noda, leader of Japan’s main opposition party, the Constitutional Democratic Party (CDP), has decided not to submit a no-confidence motion against Prime Minister Shigeru Ishiba’s Cabinet during the current Diet session.

By The Financial District
24 hours ago1 min read


Scotland’s Emission Cuts "Too Slow" Despite Overall Decline
Greenhouse gas emissions in Scotland fell by 1.9% in 2023 compared to the previous year — but environmental groups say the pace of reduction remains too slow.

By The Financial District
24 hours ago1 min read


Uber To Test Driverless Taxis In The UK
Uber will begin testing fully autonomous taxis — with no human safety drivers — on the streets of London next spring.

By The Financial District
1 day ago1 min read


PSE Index Inches Up In Volatile Trading
The Philippine Stock Exchange (PSE) index ended slightly higher, gaining 10.61 points or 0.17% to close at 6,369.19 in another volatile session.

By The Financial District
1 day ago2 min read


Nippon Steel Shares Rise After U.S. Steel Sale Is Approved
Nippon Steel shares rose on Monday after U.S. President Donald Trump approved its $14.9 billion bid for U.S. Steel.

By The Financial District
1 day ago1 min read


Democrats Demand Noem Resign After Senator Padilla Manhandled At Press Event
California Senator Alex Padilla was forcibly removed from a press conference and handcuffed after attempting to question Homeland Security Secretary Kristi Noem during her appearance at the Los Angeles FBI headquarters.

By The Financial District
1 day ago1 min read


Greta Thunberg Accuses Israel Of "Kidnapping" Her In International Waters
Greta Thunberg has accused Israel of kidnapping her and fellow pro-Palestinian activists in international waters, after being deported from the country.

By The Financial District
1 day ago1 min read


Baird Analysts Downgrade Tesla Stock
Tesla stock took another hit as Baird analysts downgraded the company, citing ongoing fallout from CEO Elon Musk’s political involvement — specifically his public feud with President Donald Trump.

By The Financial District
1 day ago1 min read


Waymo Self-Driving Cars Torched Amid LA Protests
At least six Waymo self-driving vehicles were damaged or destroyed in Los Angeles during protests against federal immigration raids.

By The Financial District
1 day ago1 min read


Wealthier Americans Pull Back On Travel Plans
Even affluent consumers are scaling back their travel plans — a troubling signal for both the travel industry and the broader economy.

By The Financial District
1 day ago1 min read


Nearly 100 Countries Call For Global Treaty To End Plastic Pollution
Ministers and representatives from more than 95 countries are urging a strong and ambitious agreement from the global plastics treaty negotiations.

By The Financial District
1 day ago1 min read
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