Treasury Secretary Scott Bessent declined to directly answer who bears the cost of President Trump’s tariffs during a House hearing.

The Philippine Stock Exchange Index (PSE) edged lower Wednesday, closing at 6,551.81—down 15.01 points or 0.23%—as investors locked in profits following recent gains.

The Department of Economy, Planning, and Development (DEPDev) on May 5, 2025, launched the Trabaho Para sa Bayan (TPB) Plan 2025–2034, the Philippines’ first 10-year Labor Market Development Plan.

Nvidia CEO Jensen Huang said China’s AI chip market could reach $50 billion within a few years and warned that US restrictions on exports to China would be a “tremendous loss” for American industry.

Vietnam’s imports from China and exports to the US hit post-pandemic records in April, even as Hanoi faces possible 46% tariffs on shipments to the US.

Biotech and pharmaceutical stocks tumbled after the Food and Drug Administration (FDA) named Dr. Vinay Prasad—a vocal critic of FDA policies and the U.S. COVID-19 response—as its top vaccine regulator.

Hopes for Federal Reserve rate cuts in 2025 have faded as strong labor data and a resilient economy suggest no immediate need for monetary easing.

The Philippine Stock Exchange (PSE) index surged by 1.68 percent today, climbing 108.62 points to close at 6,566.82—nearing its resistance level of 6,600 points.

Senate Democrats blocked a Republican-backed bill to regulate stablecoins.

Stocks and the dollar surged on Monday after the United States and China announced a 90-day pause on tariffs.

China’s effective halt of rare earth exports in retaliation for President Donald Trump’s tariff regime has reignited concerns about American overdependence on foreign sources for critical minerals.

Recent market gains may be nothing more than a classic bear market rally, with volatility and uncertainty leaving investors exposed no matter which way the market swings.

U.S. cotton exports to China fell sharply by 73% to just 151,000 metric tons between August 2024 and February 2025, dropping America’s market share in China from 29.6% to 17.1%.

The cost of climate inaction by U.S. companies could exceed $87 trillion by 2050.

China announced a barrage of measures meant to counter the blow to its economy from U.S. President Donald Trump’s trade war, as the two sides prepared for talks later this week.

U.S. stocks edged lower to close the week as Wall Street ended a relatively calm week, with investors eyeing a key meeting between U.S. and Chinese officials set for the weekend.

The Philippine Stock Exchange (PSE) index rebounded Friday as foreign investors remained optimistic about the market, closing at a milestone level of 6,458.20—up 68.71 points or 1.08 percent.

The Philippine Amusement and Gaming Corporation (PAGCOR) was recently commended by President Ferdinand Marcos Jr. for its vital role in the country’s successful exit from the Financial Action Task Force (FATF) grey list.

Top U.S. officials will meet a senior Chinese delegation in Geneva this weekend, marking the first major diplomatic engagement since President Donald Trump launched a sweeping trade war with new tariffs.

U.S. stocks may be headed for a deeper drop that could trigger a bear market in the coming months.

President Donald Trump renewed calls for interest rate cuts on Friday, even as April’s stronger-than-expected jobs report appeared to support the Federal Reserve’s cautious approach.

The Philippine Stock Exchange (PSE) index fell sharply Thursday, closing at 6,389.49—its lowest point of the session—with a decline of 75.96 points or 1.17 percent.

A potential Chinese sell-off of U.S. Treasurys could ripple through the housing market and push mortgage rates higher.

As global economic tides shift and traditional investment safe havens lose some of their luster, the Philippines is emerging—quietly yet confidently—as a top magnet for the world’s wealthiest investors.