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Israel Defense Exports Hit Record $19-B Amid Rising Global Demand
Israel’s weapons exports reached a record high of more than $19 billion last year, marking a 30% increase from 2024.

By The Financial District
Jun 51 min read


50 Years of Diplomatic Relations Between Russia and the Philippines: Friendship Across the Ocean and Time
On 2 June 1976, the Soviet Union and the Republic of the Philippines established diplomatic relations.

Sergey Lavrov
Jun 56 min read


Trump Administration Moves to Limit Access to Tariff Refunds as Appeal Looms
Businesses large and small have begun receiving tariff refunds after a U.S. Supreme Court ruling found that President Donald Trump lacked constitutional authority to impose broad import taxes on goods from nearly every country.

By The Financial District
Jun 41 min read


Japan Considers Temporary Food Tax Cut Ahead of 2027 Elections
The Japanese government and ruling parties have begun coordinating plans for a temporary reduction in consumption tax on food and beverages starting in April 2027.

By The Financial District
Jun 41 min read


Exxon Warns of "Unheard Of" Oil Shortages, Sees Risk of Price Spike
ExxonMobil is warning that global oil inventories are nearing unusually low levels, raising concerns that crude prices could spike sharply if supply tightens further.

By The Financial District
Jun 41 min read


Jerome Powell Defends Fed Independence in JFK Award Speech
Former Federal Reserve Chair Jerome Powell used one of his first major public appearances since leaving office to defend the independence of public institutions while accepting an award honoring his efforts to preserve the Federal Reserve’s autonomy.

By The Financial District
Jun 41 min read


ICTSI Lifts PSE Index as Profit-Taking Drags Broader Market
Global port operator ICTSI single-handedly lifted the Philippine Stock Exchange (PSE) index to 5,953.17 points, up 40.48 points or 0.68%, as the broader market turned volatile and succumbed to profit-taking after briefly climbing above the psychological 6,000-point level.

By The Financial District
Jun 42 min read


China Tightens Travel Rules for Top AI Researchers Amid Tech Rivalry
China is reportedly tightening restrictions on overseas travel for top artificial intelligence talent working at major domestic firms such as Alibaba and DeepSeek.

By The Financial District
Jun 31 min read


Democrats Divided Over Congressional Stock Trading Ethics
Democrats are increasingly divided over congressional stock trading as they criticize President Donald Trump for corruption-related issues.

By The Financial District
Jun 31 min read


Consumer Confidence Slips as Inflation and Gas Prices Stay High
U.S. consumer confidence declined slightly as gas prices remained elevated and inflation stayed persistent, contrasting with near-record highs in the stock market.

By The Financial District
Jun 31 min read


PSE Index Climbs Nearly 2%, but Investor Anxiety Lingers
The Philippine Stock Exchange (PSE) index rose to 5,912.69 on Tuesday, gaining 113.37 points or 1.95 percent. Despite the advance, investor caution remained evident as value turnover was only slightly above average.

By The Financial District
Jun 22 min read


Jamie Dimon Slams Coinbase CEO in Escalating Crypto Lobbying Fight
JPMorgan Chase CEO Jamie Dimon criticized Coinbase CEO Brian Armstrong after months of clashes between the banking and crypto sectors over a major crypto bill.

By The Financial District
Jun 21 min read


Caribbean Hot Sauce Producers Warn of Shortages and Rising Prices
Caribbean hot sauce manufacturers are warning of shortages and rising prices as climate-related disruptions affect supplies of Scotch bonnet peppers.

By The Financial District
Jun 21 min read


Tomato Prices Surge 40%, Becoming New Symbol of U.S. Inflation Pressure
Rising tomato prices are stumping American consumers as the fruit becomes another symbol of inflationary pressure.

By The Financial District
Jun 21 min read


Asian Markets Climb as AI Boom Lifts Tech and Semiconductor Shares
Asian markets advanced Monday as continued enthusiasm around artificial intelligence boosted semiconductor demand, offsetting concerns over stalled Gulf peace talks and rising oil prices.

By The Financial District
Jun 11 min read


Dow, S&P 500, Nasdaq Futures Rise After Strong May Rally
U.S. stock futures edged higher early Monday as investors looked to build on a strong May rally that pushed major indexes to fresh record highs.

By The Financial District
Jun 11 min read


Surging Treasury Yields Raise Alarm Over U.S. Debt Sustainability
Surging Treasury yields are raising concerns about the United States’ ability to manage its growing national debt.

By The Financial District
Jun 11 min read


Jason Domantay: Why Community, Not Virality, Wins in the New Economy
For much of his career, Jason Domantay has been betting on where attention would go next.

By Gerry Urbina
Jun 14 min read


Canada Signs Landmark 20-Year LNG Export Deal With Germany
Canada has signed a deal with Germany to export at least one million tons of liquefied natural gas (LNG) annually from British Columbia.

By The Financial District
Jun 11 min read


Oil Surges as U.S. Strikes on Iranian Forces Escalate Middle East Tensions
Oil prices rose after U.S. strikes on Iranian forces, while stocks trimmed earlier gains as crude oil climbed and optimism over a potential deal with Tehran faded.

By The Financial District
Jun 11 min read


China Restricts Rare Earth Exports to Japan Amid Rising Taiwan Tensions
China has restricted exports of several heavy rare earth elements and related materials to Japan for at least four months, coinciding with rising diplomatic tensions over Taiwan.

By The Financial District
May 311 min read


Indian Companies Accelerate Global Acquisitions as Overseas Expansion Surges
In late April, Sun Pharmaceutical agreed to acquire New York-listed Organon & Co.’s women’s health and biosimilars business for $11.75 billion.

By The Financial District
May 311 min read


Iraq Oil Output Reportedly Plunges, Raising Fears Over Export Disruptions
April was the most difficult month in decades for Iraq’s crude oil production, with output averaging 1.389 million barrels per day (bpd).

By The Financial District
May 311 min read


Investor Bets Shift Toward Chip Giants TSMC and ASML Amid AI Boom
Billionaire portfolio manager Philippe Laffont of Coatue Management reshaped his technology holdings in the first quarter, significantly reducing exposure to major cloud companies Amazon, Alphabet, and Microsoft, while fully exiting Oracle.

By The Financial District
May 311 min read
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