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    PSE Index In Weak Rally
    By The Financial District
    • 11 hours ago
    • 2 min

    PSE Index In Weak Rally

    The Philippine Stock Exchange index today posted a gain of 20.31 points or 0.31 percent in a weak rally as investors opted to stand by the..
    Stocks Rally As Euro Soars On Likely Rate Hikes
    By The Financial District
    • 1 day ago
    • 2 min

    Stocks Rally As Euro Soars On Likely Rate Hikes

    US and European stocks mostly rallied on Monday with the S&P 500 trading just above bear market territory, while the euro jumped after the..
    PSE Index Tumbles
    By The Financial District
    • 1 day ago
    • 2 min

    PSE Index Tumbles

    The Philippine Stock Exchange posted a big decline with value turnover three times average and losers almost double that of gainers as...
    Jeff Bezos Miffed At Biden For Saying Billionaires Profit From Inflation
    By The Financial District
    • 2 days ago
    • 2 min

    Jeff Bezos Miffed At Biden For Saying Billionaires Profit From Inflation

    Amazon CEO Jeff Bezos, the world's second-richest man, got into an online scuffle with Biden over inflation after the president...
    PSE Index Begins Week Down
    By The Financial District
    • 2 days ago
    • 2 min

    PSE Index Begins Week Down

    The Philippine Stock Exchange index today showed weakness getting guidance from global declines to decline by 58.48 points or 0.87 percent..
    U.S. Expert Tells White House: Take Back Control Of Energy Security
    By The Financial District
    • 2 days ago
    • 1 min

    U.S. Expert Tells White House: Take Back Control Of Energy Security

    Russia’s invasion of Ukraine has raised concerns over energy security worldwide.
    Higher Salaries Spur Inflation-Denying U.S. Consumer Spending
    By The Financial District
    • 3 days ago
    • 2 min

    Higher Salaries Spur Inflation-Denying U.S. Consumer Spending

    U.S. consumers as a whole are showing surprising resilience, not only sustaining their spending but increasing it even after adjusting...
    Davos Returns To Tackle Climate Change, War In Ukraine
    By The Financial District
    • 3 days ago
    • 2 min

    Davos Returns To Tackle Climate Change, War In Ukraine

    There’s no shortage of urgent issues for the World Economic Forum’s annual meeting to tackle.
    IATA Urges Asia-Pacific States To Ease Measures To Accelerate COVID Recovery
    By The Financial District
    • 3 days ago
    • 3 min

    IATA Urges Asia-Pacific States To Ease Measures To Accelerate COVID Recovery

    The International Air Transport Association (IATA) has urged Asia-Pacific states to further ease border measures to accelerate the...
    APEC Meet Ends Sans Statement As Members Differ On Ukraine Invasion
    By The Financial District
    • 3 days ago
    • 1 min

    APEC Meet Ends Sans Statement As Members Differ On Ukraine Invasion

    A meeting of trade ministers from the Asia-Pacific region ended Sunday, May 22, 2022, without issuing a joint statement due to differences..
    Japan Economy May Rebound But Price Surge Threatens
    By The Financial District
    • 4 days ago
    • 2 min

    Japan Economy May Rebound But Price Surge Threatens

    Japan's economy is likely to be on a growth track from the current quarter, but analysts say surging commodity prices due to Russia's war...
    Russia's Economic Growth In 1st Quarter Skids To 3.5%
    By The Financial District
    • 4 days ago
    • 2 min

    Russia's Economic Growth In 1st Quarter Skids To 3.5%

    Russia’s economic growth slowed down more than expected, Bloomberg reported on May 20, 2022, with the GDP falling to 3.5%.
    Russia Makes Early Debt Payment, Dodges Default
    By The Financial District
    • 4 days ago
    • 2 min

    Russia Makes Early Debt Payment, Dodges Default

    Russia rushed forward two payments on its international debt on Friday in its latest attempt to stave off a default that has looked to be...
    Wall Street Ends Mixed After Punishing Week
    By The Financial District
    • 4 days ago
    • 2 min

    Wall Street Ends Mixed After Punishing Week

    Wall Street ended mixed on Friday after a volatile session that saw Tesla slump and other growth stocks also lose ground.
    Bear Market In The Offing, AP Analysts Warn U.S. Investors
    By The Financial District
    • 5 days ago
    • 2 min

    Bear Market In The Offing, AP Analysts Warn U.S. Investors

    Investors on Wall Street need a place to hide. The stock market’s skid this year has pulled the S&P 500 close to what’s known as a bear...
    Reuters Columnist Warns vs Using Russian Assets In Ukraine
    By The Financial District
    • 5 days ago
    • 2 min

    Reuters Columnist Warns vs Using Russian Assets In Ukraine

    Western powers have frozen about $300 billion of Russia’s foreign exchange reserves. Rebuilding Ukraine after the war could cost at least...
    Rice Tariffication Law Earns P46.6B For Gov't
    By The Financial District
    • 5 days ago
    • 1 min

    Rice Tariffication Law Earns P46.6B For Gov't

    In the first three years of its implementation, the law liberalizing rice trading has earned a total of P46.6 billion in rice import duties.
    Gov't Pays BSP's ₱300B Liquidity Support
    By The Financial District
    • 5 days ago
    • 2 min

    Gov't Pays BSP's ₱300B Liquidity Support

    The National Government (NG) paid in full its outstanding P300 billion provisional advances to the Bangko Sentral ng Pilipinas (BSP)...
    U.S. Holds Key To Russia's Sovereign Default
    By The Financial District
    • 5 days ago
    • 2 min

    U.S. Holds Key To Russia's Sovereign Default

    The prospect of a Russia sovereign default is moving center stage again with a deadline for a US license allowing Moscow to make payments...
    PSE Index Up
    By The Financial District
    • 5 days ago
    • 2 min

    PSE Index Up

    The Philippine Stock Exchange (PSE) index today rose to a new milestone level with investors positioning for big plays in the property...
    Japan's Economy Contracts In 1st Quarter
    By The Financial District
    • 5 days ago
    • 2 min

    Japan's Economy Contracts In 1st Quarter

    Japan’s economy shrank at a worse than expected annual rate of 1% in the first quarter, as rising prices and COVID-19 restrictions sapped...
    U.S. Plans To Block Russia's Ability To Pay U.S. Bondholders
    By The Financial District
    • 6 days ago
    • 1 min

    U.S. Plans To Block Russia's Ability To Pay U.S. Bondholders

    US President Joe Biden’s administration is planning to completely block Russia’s ability to pay U.S. bondholders, which could bring Russia..
    U.S. Gun Production Soars 300% Since 2000; Pistols Outnumber Rifles
    By The Financial District
    • 6 days ago
    • 2 min

    U.S. Gun Production Soars 300% Since 2000; Pistols Outnumber Rifles

    The United States is in the middle of a great gun-buying boom that shows no sign of letting up as the annual number of firearms...
    Asia Stocks Mixed Despite Wall Street Gain
    By The Financial District
    • 6 days ago
    • 2 min

    Asia Stocks Mixed Despite Wall Street Gain

    Asian stock markets were mixed Wednesday, May 18, 2022, after Wall Street rose and the Federal Reserve’s chairman said it will raise...
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