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Gold Surges to Record on Weaker Dollar, U.S. Shutdown Risk
Gold
Gold climbed to a record above $3,800 an ounce as precious metals rallied, lifted by a weaker dollar and investor jitters over a possible U.S. government shutdown.

By The Financial District
Sep 301 min read


Who Builds, Who Betrays
Some raise walls that hold. Others cash in and walk away.

By Lito U. Gagni
Sep 302 min read


Ghost Flood Control Projects: A Costly Lesson in Corruption
When Finance Secretary Ralph Recto revealed that ghost flood control projects drained between ₱42.3 billion and ₱118.5 billion from the Philippine economy between 2023 and 2025, the figures were meant to shock.

By The Financial District
Sep 305 min read


Dow, S&P 500, Nasdaq Futures Climb
U.S. stock futures rose overnight Sunday as investors regrouped after a losing week marked by weakness in AI-focused stocks and surprise tariff announcements from President Donald Trump.

By The Financial District
Sep 291 min read


Asian Shares Trade Mostly Higher After Wall St. Snaps Losing Streak
Asian markets rose Monday after Wall Street snapped a three-day losing streak, trimming last week’s losses.

By The Financial District
Sep 291 min read


Trump Slaps 100% Tariffs on Pharmaceutical Products
President Donald Trump has announced that he will impose import taxes of 100% on pharmaceutical drugs, 50% on kitchen cabinets and bathroom vanities, 30% on upholstered furniture, and 25% on heavy trucks starting October 1.

By The Financial District
Sep 291 min read


India Buys Record Argentine Soy Oil Volume After Export Duty Scrapped
India has purchased 300,000 metric tons (MT) of soyoil from Argentina, the largest-ever two-day purchase.

By The Financial District
Sep 291 min read


Stocks Slump, PSE Index Breaks Below 6,000
The Philippine Stock Exchange (PSE) index slipped below the 6,000-point support level on Monday, as banks and gaming shares led a broad sell-off that deepened market pessimism.

By The Financial District
Sep 292 min read


Taiwan Weaponizes Chip Exports to Blunt China’s Advance on World Stage
For years, Taiwan has viewed its dominance in supplying countries with cutting-edge chips as a shield from Chinese aggression.

By The Financial District
Sep 291 min read


China Hints That Purchases of U.S. Soybeans Hinge on Tariff Removal
China, the world’s biggest buyer of soybeans, has yet to book any US soybean cargoes from its autumn harvest, traders have said, opting instead for South American supply.

By The Financial District
Sep 291 min read


Car Trade in Reverse as Germany’s Deficit With China Jumps 143%
Europe is importing Chinese hybrid vehicles by the shipload — up more than 400% this year — while Germany’s car exports to China have slumped, leaving gold as its largest single shipment in return.

By The Financial District
Sep 291 min read


Leavitt Belies Trump’s $17 Trillion Investment Boast
White House press secretary Karoline Leavitt has touted record investments pouring into the U.S. — but contradicted President Donald Trump’s own figures.

By The Financial District
Sep 291 min read


DPWH Has to Go: BBM Should Give Way to Reform and Let the PPP Center Handle Infrastructure
Billions have been poured into flood control projects, yet entire communities remain underwater — not only in floodwaters, but in fraud.

By Lito U. Gagni
Sep 283 min read


Dems, GOP Find Trump Gov’t Shutdown a Political Necessity: Yahoo Finance
The growing sense in Washington is that the latest government funding fight between Republicans and Democrats is shaping up differently.

By The Financial District
Sep 272 min read


H-1B Visa Fee Change Rankles Tech Companies
The White House has clarified that H-1B holders can leave and re-enter the United States as normal and will not be charged upon re-entry.

By The Financial District
Sep 271 min read


PSE Index Tumbles Below Support but Recovers
The Philippine Stock Exchange (PSE) index briefly fell below the 6,000 support level, hitting an intraday low of 5,997.75, before bargain hunting lifted it to close at 6,027.12 or 0.25 percent to end the week.

By The Financial District
Sep 272 min read


Ben Horowitz: AI is early. Culture Decides Who Wins.
Ben Horowitz did not come to soothe. In a conversation with Columbia Business School Dean Costis Maglaras, the Andreessen Horowitz co-founder argued that today’s AI moment is only the prologue to a far longer story.

By The Financial District
Sep 263 min read


U.S., UK Heading Into "Very Dark Times," Ray Dalio Warns
Billionaire investor Ray Dalio has issued a stark warning about the futures of the United States and the United Kingdom, saying both are on the brink of “very, very dark times.”

By The Financial District
Sep 261 min read


Geologists Discover Largest Iron Ore Deposit in Australia Worth $5.7 Trillion
Geologists have uncovered a colossal iron ore deposit in Western Australia’s Hamersley region, estimated at 55 billion metric tons and valued at more than $5.7 trillion.

By The Financial District
Sep 261 min read


Trump Is Bad for Business, US CEOs Tell Fortune Forum
Trump’s economic policies aren’t working.

By The Financial District
Sep 261 min read


U.S. Loses as China Buys Argentine Soybeans After Tax Drop
Chinese buyers booked at least 10 cargoes of Argentine soybeans after Buenos Aires scrapped grain export taxes.

By The Financial District
Sep 261 min read


Valuations of AI Firms Skyrocket as Trumps Double Their Net Worth
Elon Musk’s artificial intelligence firm xAI is expected to raise $10 billion in a funding round that would give the company a $200 billion valuation.

By The Financial District
Sep 261 min read


Eli Lilly Boss Calls UK the Worst European Country for Drug Prices
Eli Lilly Chief Executive Dave Ricks said Britain was "probably the worst country in Europe" for drug prices.

By The Financial District
Sep 261 min read


PSE Index Tumbles Again
The Philippine Stock Exchange (PSE) index fell 66.44 points, or 1.09 percent, to close at 6,042.28 on Thursday—just inches above its support level.

By The Financial District
Sep 251 min read
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