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UAE Moves Oil Tankers Through Hormuz Amid Ongoing Conflict
United Arab Emirates and several oil buyers have recently moved crude tankers through the Strait of Hormuz with tracking systems turned off to reduce the risk of Iranian attack.

By The Financial District
May 111 min read


Trump Sets Ultimatum for EU to Sign Trade Deal
President Donald Trump said he has given the European Union until the United States’ 250th anniversary to finalize a trade agreement with Washington or face higher tariffs.

By The Financial District
May 111 min read


U.S. Beef Industry Seeks China Market Access Ahead of Trump-Xi Summit
U.S. beef producers are hoping the upcoming summit between President Donald Trump and Chinese President Xi Jinping will help restore export access to China.

By The Financial District
May 111 min read


April Jobs Report May Point to Slowing U.S. Labor Market Growth
When the April jobs report is released at 8:30 a.m. ET, economists expect the U.S. labor market to show an increase of about 65,000 jobs.

By The Financial District
May 101 min read


Qatar Attempts First LNG Shipment Through Strait of Hormuz Since Iran War Began
Qatar is attempting to send a liquefied natural gas (LNG) shipment through the Strait of Hormuz, a move that — if successful — would mark the country’s first export through the waterway since the Iran war began.

By The Financial District
May 101 min read


PSE Index Plummets on Renewed Middle East Hostilities
The Philippine Stock Exchange (PSE) index fell sharply on renewed fears of escalating hostilities in the Middle East, closing at 5,960.97 on Friday, down 73.70 points or 1.21%.

By The Financial District
May 91 min read


NY Fed Says Rising Gas Prices Highlight America’s “K-Shaped” Economy
Gasoline prices in the U.S. have surged to $4.53 per gallon amid tensions involving Iran, affecting households differently depending on income levels.

By The Financial District
May 81 min read


PSE Index Surges on Prospects for Middle East Peace
The Philippine Stock Exchange (PSE) index surged on Thursday amid optimism over possible peace negotiations in the Middle East, closing at 6,034.27, up 67.06 points or 1.12%.

By The Financial District
May 81 min read


China Services Growth Accelerates Despite Weak Overseas Demand
China’s services sector expanded at a faster pace in April, supported by stronger growth in new business, although overseas demand continued to decline.

By The Financial District
May 71 min read


Zambia Accuses U.S. of Linking Health Aid to Mineral Access
Zambia is accusing the United States of linking a $2 billion health assistance deal to access to the country’s mineral resources, while condemning remarks by the outgoing U.S. ambassador as “mischievous” and “undiplomatic.”

By The Financial District
May 71 min read


Russia Services Sector Contracts Again as Confidence Hits 40-Month Low
Russia’s services sector contracted for a second straight month in April as weak demand weighed on output and new orders, while business confidence fell to a 40-month low.

By The Financial District
May 71 min read


Trump Pauses U.S. Naval Escort in Hormuz to Allow Iran Deal Talks
U.S. President Donald Trump said this week that he would pause efforts to guide stranded vessels out of the Strait of Hormuz to allow time for a potential agreement with Iran.

By The Financial District
May 71 min read


Global Watchdog Warns of Rising Risks in Private Credit Boom
The fast-growing private credit industry’s deepening links with traditional banks and asset managers could pose risks to the global financial system.

By The Financial District
May 71 min read


U.S. Gas Prices Rise Toward $5 as Hormuz Remains Closed
Gasoline prices have risen to an average of $4.48 per gallon as oil prices remained above $100 per barrel.

By The Financial District
May 71 min read


Irish Whiskey Makers Demand Zero U.S. Tariffs
Alcohol industry groups across the United Kingdom and Ireland are continuing to push for “zero-for-zero tariffs” after U.S. President Donald Trump announced last week that tariffs on Scotch whisky exports to the U.S. would be lifted.

By The Financial District
May 71 min read


Guyana Tells World Court Venezuela’s Claim on Oil-Rich Region Threatens It
Guyana has asked judges at the International Court of Justice (ICJ) to rule that Venezuela does not have a legitimate claim to the potentially oil-rich region around the Essequibo River, which has been disputed between the two countries since colonial times.

By The Financial District
May 71 min read


Maryland Becomes First U.S. State to Ban “Surveillance Pricing” in Grocery Stores
Is it fair to change the price of a product based on a person’s location, demographics, or even search history? No, according to Maryland Gov. Wes Moore.

By The Financial District
May 71 min read


Global Stocks Hit Records on AI Rally as Yen Surges and Oil Falls
Stocks climbed, oil prices fell, and the U.S. dollar weakened on Wednesday after President Donald Trump signaled “great progress” toward a potential agreement with Iran, while momentum in AI-driven trades accelerated.

By The Financial District
May 71 min read


SoftBank Explores Metal-Free Batteries as Tech Industry Faces Supply Chain Shifts
SoftBank is working to develop lithium- and cobalt-free batteries for its data centers, as Japan seeks to reduce reliance on Chinese-sourced metals.

By The Financial District
May 71 min read


Venezuela Oil Exports Surge to Highest Levels Since 2018
Venezuela’s oil exports have reached their highest level since 2018, a surge that could have major geopolitical consequences.

By The Financial District
May 71 min read


PSE Index Buoyed by Optimism
The Philippine Stock Exchange (PSE) index rose on Wednesday on renewed optimism, with five of six sectors closing higher and pushing the benchmark to its intraday high of 5,967.21 points—up 69.13 points, or 1.17%.

By The Financial District
May 61 min read


Oil Prices Surge After Iran Claims Strike on U.S. Warship
Oil prices surged after Iran claimed that two missiles struck a U.S. Navy ship near the Strait of Hormuz—a report denied by United States Central Command.

By The Financial District
May 61 min read


BCDA Remits ₱5.7-B to National Treasury, Posts Record ₱2.6-B Dividends
The Bases Conversion and Development Authority (BCDA) has remitted a total of ₱5.7 billion to the Bureau of the Treasury, driven by a record ₱2.6 billion in dividends.

By The Financial District
May 62 min read


PSE Index Declines as Hopes for Iran Peace Fade
The Philippine Stock Exchange (PSE) index declined to 5,898.08 points on Tuesday, falling 44.08 points or 0.74%, as optimism over a potential de-escalation in the Iran crisis weakened.

By The Financial District
May 51 min read
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