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PSE Index Up Slightly in Another Volatile Market
The Philippine Stock Exchange (PSE) index saw another volatile trading session to close the week.

By The Financial District
Aug 152 min read


Swiss Officials Meet to Tackle High U.S. Tariffs
The Swiss executive branch, the Federal Council, held an extraordinary meeting after President Karin Keller-Sutter and other top Swiss officials returned from a hastily arranged trip to Washington.

By The Financial District
Aug 151 min read


South Korea Braces For Uncertainty Despite Deal with U.S.
South Korea’s trade minister has warned of continued trade uncertainty despite a last-minute tariff deal with the Trump administration.

By The Financial District
Aug 151 min read


Italy Okays $15.5-B Bridge Project Linking Mainland to Sicily
Italy has cleared the way to build the world’s largest suspension bridge linking the Italian mainland with Sicily in a massive €13.5-billion ($15.5-billion) infrastructure project long delayed by debates over its scale, earthquake risks, environmental impact, and the specter of mafia interference.

By The Financial District
Aug 152 min read


Funding For Futuristic Saudi City Raises U.S. Mortgage Rates
If Donald Trump truly wanted to lower interest rates, he picked the wrong target. Pressuring Federal Reserve Chair Jerome Powell into rate cuts has rattled markets.

By The Financial District
Aug 151 min read
![[Part I] NGCP: The Presidential Patience Wears Thin](https://static.wixstatic.com/media/1c4fd3_29fd5a003d9341d1bb8f5cc6ee5459dd~mv2.jpg/v1/fill/w_333,h_250,fp_0.50_0.50,q_30,blur_30,enc_avif,quality_auto/1c4fd3_29fd5a003d9341d1bb8f5cc6ee5459dd~mv2.webp)
![[Part I] NGCP: The Presidential Patience Wears Thin](https://static.wixstatic.com/media/1c4fd3_29fd5a003d9341d1bb8f5cc6ee5459dd~mv2.jpg/v1/fill/w_514,h_386,fp_0.50_0.50,q_90,enc_avif,quality_auto/1c4fd3_29fd5a003d9341d1bb8f5cc6ee5459dd~mv2.webp)
[Part I] NGCP: The Presidential Patience Wears Thin
When President Marcos Jr. boomed “Mahiya naman kayo” in the context of public works delays, it wasn’t an offhand quip.

By Lito U. Gagni
Aug 152 min read


PSE Index Shows Weakness, Closes At Lowest Level
Pessimism crept into the market Thursday, with the Philippine Stock Exchange (PSE) Index closing at its lowest price point this year at 6,291.85, down by 33.24 points or 0.57 percent.

By The Financial District
Aug 142 min read


Inflation Proves Hard to Tame as Tariff Effects Hit U.S. Economy
Inflation is not surging out of control, with the headline number holding steady at 2.7% in July from a year ago.

By The Financial District
Aug 141 min read


Billy Long ousted As IRS commissioner After Just 2 Months
Billy Long, the commissioner of the IRS, is leaving his post after just two months on the job.

By The Financial District
Aug 142 min read


High Costs After Tariffs Threaten Trump And GOP
The cost of living in the U.S. is projected to rise because of President Trump’s latest round of tariffs.

By The Financial District
Aug 142 min read


Two Kevins Lead Potential Bets to Replace Fed Chief Jerome Powell
President Donald Trump has narrowed his list of potential replacements for Federal Reserve Chairman Jerome Powell, telling reporters that “the Two Kevins” are among the leading contenders.

By The Financial District
Aug 141 min read


Lithium Stocks Soar After CATL Shutters Mine in China
Lithium stocks surged early in the week after the world’s largest EV battery maker announced it would close one of the world’s largest lithium mines in China, sending lithium prices sharply higher.

By The Financial District
Aug 141 min read


Trump Bid For Cut in Chip Revenues Runs Afoul of the Constitution: Experts
The revenue-for-exports deal between the U.S. government and two of the world’s biggest chipmakers opens a new front in a trading regime upended by Donald Trump.

By The Financial District
Aug 142 min read


U.S. Economic Growth Is Losing Steam
America’s gross domestic product (GDP) officially grew at a 3% annual rate in the second quarter, after decreasing by 0.5% in the first quarter.

By The Financial District
Aug 142 min read


U.S., China Extend Tariff Truce By 90 Days as Trump Doesn’t Get His Way
The United States and China have extended a tariff truce for another 90 days, staving off triple-digit duties on each other’s goods as U.S. retailers prepare to ramp up inventories ahead of the critical end-of-year holiday season.

By The Financial District
Aug 142 min read


Markets Shake Off Tariff Fears, But Fed Says There’s No Swift Fix For Woes
The S&P 500 and Nasdaq hit record highs this week after monthly inflation data signaled that sweeping tariffs aren’t causing a major spike in consumer prices, boosting hopes the Federal Reserve may soon start cutting interest rates.

By The Financial District
Aug 141 min read


Exemption Lets Canadian, Mexican Goods Enter U.S. Tariff-Free
U.S. President Donald Trump raised tariffs on Canadian goods to 35% last week, but a key exemption for Canada and Mexico shields the vast majority of goods from the punishing duties.

By The Financial District
Aug 142 min read


Conglomerates Push PSE Index
Conglomerates pushed up the Philippine Stock Exchange (PSE) index Wednesday as foreign investors played a big role in picking up big-ticket shares, resulting in a 35.24-point, or 0.56 percent, rise to 6,325.09 points.

By The Financial District
Aug 142 min read


Palantir Books First $1 Billion In Quarterly Sales
Shares of Palantir Technologies hit fresh record highs Tuesday after the company booked its first $1 billion sales quarter and raised its full-year performance outlook.

By The Financial District
Aug 121 min read


Analyst Says Status Of U.S. Workers Won’t Improve In Next 5 Years
As the U.S. labor market shows clear signs of stalling, one of Wall Street’s leading strategists is sounding a sharp warning.

By The Financial District
Aug 121 min read


Jobs Data Show U.S. Economy Is Not In The Pink Of Health
“It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t so.”

By The Financial District
Aug 111 min read


The Bill You Didn’t Approve: What A Former Finance Undersecretary Sees in NGCP’s Spending
Despite the turbulent weather, the Monday Circle Forum at The Westin Manila hummed with quiet anticipation.

By Lito U. Gagni
Aug 113 min read


PSE Index Slumps as Losers Double Gainers
The Philippine Stock Exchange (PSE) index slumped today by 85.02 points, or 1.34 percent, to close at 6,254.36, as losing shares outnumbered gainers by more than two to one.

By The Financial District
Aug 112 min read


Don’t Rely Completely on AI For Job Assessments
Most human resources (HR) departments now use some form of AI to screen job candidates.

By The Financial District
Aug 111 min read
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