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South Korea’s Stock Market Has Wild Start to the Week
South Korea’s benchmark Kospi index experienced a volatile start to the week, falling more than 8 percent on Monday before rebounding by a similar margin on Tuesday and erasing its losses.

By The Financial District
Jun 111 min read


Persian Gulf Oil Tanker Traffic May Never Fully Recover, Analysts Warn
Oil and gas shipments through the Strait of Hormuz may not fully recover to previous levels if geopolitical instability continues to alter shipping routes and market behavior, the Center for American Progress (CAP) reported, according to industry analysts. Oil tankers transit a strategic maritime route in the Persian Gulf amid heightened geopolitical uncertainty. The Strait of Hormuz remains one of the world’s most strategically important energy chokepoints, handling a signif

By The Financial District
Jun 111 min read


Expanding Data Centers Could Drive Higher Carbon Emissions, Critics Warn
The rapid expansion of data centers supporting artificial intelligence and cloud computing could significantly increase carbon emissions if energy demand continues to rely heavily on fossil fuels, environmental advocates warn.

By The Financial District
Jun 111 min read


Oil Industry Warns White House of Potential Fuel Price Spike as Inventories Tighten
Energy industry executives have reportedly warned U.S. officials that tightening petroleum inventories could contribute to higher fuel prices in the coming weeks.

By The Financial District
Jun 111 min read


PSE Index Slips Amid Economic Uncertainty Despite Late Bargain Hunting
The Philippine Stock Exchange (PSE) index edged lower today, closing at 5,941.36 points, down 4.35 points or 0.07%, as investors remained cautious amid economic uncertainty and mixed market sentiment.

By The Financial District
Jun 102 min read


Freight Expert Warns Fuel Shortages Could Idle Up to 10% of Global Shipping Fleet
A senior freight executive at global commodities trader Mercuria has warned that potential fuel shortages could idle up to 10% of the global shipping fleet, raising concerns about disruptions to international trade.

By The Financial District
Jun 101 min read


Eurozone Economy Contracts 0.2% in Early 2026 as Regional Weakness Deepens
The eurozone economy contracted by 0.2% in the first quarter of 2026, marking a reversal from modest growth in the previous quarter.

By The Financial District
Jun 101 min read


PSE Index Rebounds, but Market Uncertainty Persists Amid Iran Tensions
The Philippine Stock Exchange (PSE) index closed higher on Tuesday, rising 66.30 points or 1.13% to 5,945.71, as bargain hunting lifted select heavyweight stocks despite lingering market uncertainty.

By The Financial District
Jun 91 min read


EU Warned to Take Firmer Stance on China Over Industrial Competition Pressures
European policymakers are increasingly calling for a tougher approach toward China, citing concerns over industrial competition and trade imbalances.

By The Financial District
Jun 91 min read


U.S. Consumers "Running Out of Cash," Corporate Leaders Warn
American consumers have long supported economic growth despite inflation and higher borrowing costs.

By The Financial District
Jun 91 min read


Wall Street’s Hottest Trade Cracks as Chip Stocks Lose Over $1 Trillion in Rout
Chip stocks plunged to end last week, turning a rough session into a broad rout as the semiconductor sector suffered its worst drop since April 2025.

By The Financial District
Jun 91 min read


Bitcoin Falls Below Key Technical Level as Crypto Sell-Off Deepens
Bitcoin extended its decline, falling more than 2% to around $61,000, as risk-off sentiment spread across global financial markets.

By The Financial District
Jun 91 min read


Nasdaq Tumbles Over 4% as Strong Jobs Data Fuels Rate-Hike Fears
US stocks fell sharply on Friday (Saturday in Manila), with technology shares leading losses after a stronger-than-expected jobs report raised concerns about future monetary tightening.

By The Financial District
Jun 91 min read


Global Semiconductor Market Forecast to Surge on AI Demand, Industry Group Says
The global semiconductor market is projected to grow by 89.9% in 2026, reaching a record $1.51 trillion, driven largely by expanding demand for artificial intelligence infrastructure.

By The Financial District
Jun 91 min read


Oil Prices Slip as Traders Weigh Demand Concerns and Iran–U.S. Diplomatic Signals
Oil prices edged lower as traders weighed potential demand destruction against ongoing geopolitical uncertainty tied to US–Iran relations.

By The Financial District
Jun 91 min read


AI Trade Pauses as Semiconductor Rally Loses Momentum After Broadcom Sell-Off
The global artificial intelligence (AI) trade paused last week as semiconductor stocks pulled back from recent highs, ending a prolonged rally that had driven markets to record levels.

By The Financial District
Jun 91 min read


PSE Falls on Middle East Tensions as Broad Sell-Off Hits All Sectors
The Philippine Stock Exchange (PSE) index fell on the day, closing near its intraday low at 5,879.41 points, down 58.79 points or 0.99%, as renewed tensions in the Middle East weighed on investor sentiment.

By The Financial District
Jun 91 min read


Middle-Class Car Ownership Slips as About 1 Million Buyers Exit New Vehicle Market
A growing number of Americans are no longer purchasing new vehicles, signaling a shift in traditional middle-class consumer behavior.

By The Financial District
Jun 81 min read


U.S. Strategic Petroleum Reserve Nears Lowest Level Since Early 1980s Amid Continued Drawdowns
Another 8 million barrels of oil were withdrawn from the U.S. Strategic Petroleum Reserve (SPR) last week, bringing inventory levels close to Biden-era lows and placing the reserve near its lowest point since the early 1980s.

By The Financial District
Jun 81 min read


UK Pension Warning: 75% of Workers Off Track for Moderate Retirement Income
More than three-quarters of UK workers are not on track to achieve a “moderate” standard of living in retirement.

By The Financial District
Jun 81 min read


U.S. Housing Market Shows Signs of Balance as Buyers and Sellers Align on Prices
There are several reasons to be cautious about the housing market this spring: mortgage rates remain high, economic sentiment is weak, and home prices are still unaffordable for many buyers.

By The Financial District
Jun 81 min read


Crypto Policy Over 401(k) Retirement Investments Debated
A proposed policy allowing U.S. retirement savings accounts to invest in cryptocurrencies is facing criticism from lawmakers and financial advocates.

By The Financial District
Jun 71 min read


Canada Seeks USMCA Trade Agreement Renewal
Canada has formally requested a renewal of the United States-Mexico-Canada Agreement (USMCA) ahead of upcoming renegotiation deadlines.

By The Financial District
Jun 71 min read


Rising Bond Yields Signal New Inflation Pressure on U.S. Economy
Rising interest rates are increasing pressure on the U.S. economy as global investors demand higher returns on government debt.

By The Financial District
Jun 51 min read
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