By The Financial District
Dow and S&P 500 Notch Record Highs As Earnings Season Kicks Off
The Dow and S&P 500 reached new highs on Friday, with the broader index closing above 5,800 for the first time as major U.S. banks...
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By The Financial District
18 hours ago1 min
The Fed May Have Just Hit Its 2% Inflation Target
This week’s inflation data provided more evidence that the Federal Reserve is nearing its objective, following the central bank’s...
By The Financial District
2 days ago2 min
PSE Index Ends Week In Sharp Decline
The Philippine Stock Exchange (PSE) index declined sharply Friday, falling by 101.15 points or 1.36 percent to close at 7,310.32 points.
By The Financial District
2 days ago1 min
Global Shares Trade Mixed After Wall St. Rally
Global shares traded mixed on Thursday, following a boost in market optimism from record highs set on Wall Street.
By The Financial District
3 days ago2 min
PSE Index Continues Correction Phase
The Philippine Stock Exchange (PSE) index continued its correction phase Thursday, with a muted decline of 13.05 points or 0.18 percent...
By The Financial District
3 days ago1 min
U.S. Trade Deficit Narrows Sharply In August
The US trade deficit narrowed significantly in August as exports rose and imports declined, indicating that trade could have a minor...
By The Financial District
3 days ago1 min
China Is Oversupplying Lithium To Eliminate Rivals, U.S. Official Claims
Chinese lithium producers are oversupplying the global market, causing a "predatory" price decline as they attempt to drive out competing...
By The Financial District
3 days ago1 min
Japan Finance Chief Vows To Address Forex Volatility
New Finance Minister Katsunobu Kato has announced that Japan will implement "necessary responses" to address recent volatility in the...
By The Financial District
3 days ago1 min
China's Industrial Profits Suffer Biggest Slump This Year: Reuters
China's industrial profits swung back into sharp contraction in August, marking the biggest decline of the year.
By The Financial District
3 days ago2 min
China Slaps Provisional Tariffs On European Brandy, Cognac
Chinese consumers may soon face higher prices for Rémy Martin cognac and European brandies after the government announced provisional...
By The Financial District
4 days ago3 min
South Korea Funds 3 PHL Infra Projects
Finance Secretary Ralph G. Recto sealed financing deals with the Government of Korea for three major infrastructure projects that will...
By The Financial District
4 days ago1 min
Chinese Stocks Sink, With Shanghai Down 6.6%; Other Markets Mostly Higher
Chinese shares plunged on Wednesday, with Shanghai’s benchmark down 6.6% and Hong Kong’s falling 1.5%, while other global markets mostly...
By The Financial District
4 days ago1 min
"Helene" Damage To U.S. Homeowners Breaches $47 Billion
Even as Florida braces for another major hurricane, new estimates reveal that Hurricane Helene caused up to $47.5 billion in losses for...
By The Financial District
4 days ago1 min
Singapore Tightens Rules On Money Laundering
Singapore authorities have announced new measures to combat money laundering, including inter-agency data sharing, striking off inactive...
By The Financial District
4 days ago2 min
PSE Index Stays In The Red As It Is Hit With Foreign Selling
The Philippine Stock Exchange (PSE) index declined Wednesday due to foreign selling after more than 20 trading days of net foreign buying.
By The Financial District
5 days ago2 min
PSE Index Slides A Tad Bit On Profit-Taking
The Philippine Stock Exchange (PSE) index declined slightly Tuesday on profit-taking in a roller-coaster trading session that saw it dip...
By The Financial District
5 days ago1 min
U.S. Trade Chief Sees Progress In Helping Workers With Deals
As the US Trade Representative (USTR), Katherine Tai is legally required to avoid discussing the presidential election.
By The Financial District
5 days ago1 min
Shanghai, Shenzhen To Lift Key Home Purchase Curbs To Boost Market
Shanghai and Shenzhen, two of China's top cities, are planning to lift key remaining restrictions on home purchases in an effort to...
By The Financial District
5 days ago1 min
World Shares Are Mixed After Blockbuster U.S. Jobs Report
World shares were mixed on Monday while oil prices pushed higher after the Israeli military said that projectiles fired from Gaza set off...
By The Financial District
5 days ago1 min
Ishiba's Tax Hike Plan Could Disrupt BOJ Rate Scheme
While new Japanese Prime Minister Shigeru Ishiba will likely offer support for the Bank of Japan in its pursuit of further monetary...
By The Financial District
5 days ago1 min
GIR Level Hits All-Time High Of $112 Billion
The country’s gross international reserves (GIR) level, based on preliminary data, reached an all-time high of US$112.0 billion as of the...
By The Financial District
5 days ago1 min
EU Tax Breaks "Steal" Tourists Away From UK
Wealthy overseas tourists put off from shopping in the UK by its hefty tourist tax are visiting France, Italy, and other European...
By The Financial District
5 days ago3 min
Business-Friendly Reforms Underscored
Finance Secretary Ralph G. Recto has highlighted the Philippines’ business-friendly reforms, welcoming investors before members of the...
By The Financial District
6 days ago2 min
DOT’s “Love the Philippines” Campaign Continues To Garner Global Recognition
The “Love the Philippines” campaign of the Department of Tourism (DOT) continues to gain international recognition as it showcases the...
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