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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


Energy Price Shocks to Hit Airline Profits, Hassett Says
Kevin Hassett, director of the White House National Economic Council, said rising energy costs are expected to weigh on airline profits, though the broader industry remains financially stable.

By The Financial District
May 51 min read


Economist Gary Shilling Warns of Possible Recession and Market Decline
Economist Gary Shilling warned that the United States may be headed toward a recession this year, citing multiple economic vulnerabilities.

By The Financial District
May 51 min read


Iran Rial Slides Further as Economic Pressures Mount
Iran’s currency continued to depreciate on Sunday, the second day of the country’s working week, with the rial weakening further against the U.S. dollar.

By The Financial District
May 51 min read


Trump Announces U.S. Naval Escort Mission in Strait of Hormuz
President Donald Trump announced Sunday that the United States will launch a new effort to escort vessels through the Strait of Hormuz.

By The Financial District
May 51 min read


U.S. Oil Inventories Drop as Exports Surge Amid Global Supply Crunch
Oil tankers have been arriving from across the globe in unprecedented numbers, loading crude from Alaska and the U.S. Gulf Coast before heading to destinations such as Japan, Thailand, and Australia.

By The Financial District
May 51 min read


Cebu as Compass: Where Hospitality Meets History at ASEAN’s Turning Point
Cebu is not merely preparing to host a summit—it is preparing to host a moment.

By Lito U. Gagni
May 53 min read


PSE Climbs 1.86% as Ceasefire Hopes Boost Investor Sentiment
The Philippine Stock Exchange (PSE) index climbed on Monday, closing at its intraday high of 5,942.16, up 108.52 points or 1.86%, as improving geopolitical sentiment lifted investor confidence.

By The Financial District
May 41 min read


PH Digital Economy Hits ₱2.74-T in 2025
Philippine Digital Economy Expands to ₱2.74T, Accounts for 9.8% of GDP — PSA
The Philippines’ digital economy grew to ₱2.74 trillion in 2025, accounting for 9.8% of gross domestic product (GDP).

By The Financial District
May 41 min read


OPEC+ Agrees to Modest Output Hike Amid Supply Disruptions
Seven members of the OPEC+ have agreed to begin a modest increase in oil production starting in June, citing a commitment to maintaining market stability amid ongoing geopolitical tensions.

By The Financial District
May 41 min read


USGS Identifies Major Lithium Deposit in Appalachians
The United States Geological Survey (USGS) has identified an estimated 2.3 million metric tons of lithium oxide in the Appalachian region.

By The Financial District
May 41 min read


EU Slams Trump Tariff Threat as Trade Tensions Escalate
The head of the European Parliament’s trade committee has criticized President Donald Trump’s threat to increase tariffs on European cars and trucks, calling the move “unacceptable.”

By The Financial District
May 41 min read


U.S. Weapons Stockpiles Strained by Conflicts, Raising Supply Concerns
The Trump administration has disclosed that its military campaign against Iran, dubbed “Operation Epic Fury,” has cost an estimated $25 billion so far, with additional funding requests expected.

By The Financial District
May 41 min read


“Demand Destruction” Threatens to Weaken U.S. Economy
Demand destruction /dɪˈmænd dɪˈstrʌkʃən/ (noun): The process by which persistently high prices or limited supply cause a sustained or permanent decline in consumers’ willingness or ability to purchase a good or service.

By The Financial District
May 41 min read


Iran’s President Says U.S. Naval Blockade "Doomed to Fail"
Iran’s president said that the ongoing U.S. naval blockade targeting Iranian ports and vessels is “doomed to fail,” challenging President Donald Trump’s claims that economic pressure will force Tehran to accept a deal to end the conflict on U.S. terms.

By The Financial District
May 41 min read


Trump Approval Drops as Polls Show Rising Economic Anxiety
President Donald Trump’s approval rating fell to a low point in a poll released recently, as rising gas prices and tensions with Iran weigh on voters’ economic outlook.

By The Financial District
May 41 min read
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