By The Financial District
OPEC+ Members OK Voluntary Oil Production Cuts
Several OPEC+ countries agreed to voluntarily cut oil production by a total of 2.2 million barrels per day in the first quarter of 2024.
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By The Financial District
- 5 days ago
- 1 min
Analysts At Chinese Bank Told Not To Write Bearish Views
China International Capital Corp (CICC), the country's third-largest investment bank by market value, has instructed analysts not to...
By The Financial District
- 6 days ago
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Munger Criticized Crypto As A Scam And Questions AI Hype
Charlie Munger criticized cryptocurrencies, cautioned about the overhype surrounding artificial intelligence (AI), and lauded Zoom at...
By The Financial District
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World Economy To Sputter Next Year, OECD Warns
The global economy, which has proved surprisingly resilient this year, is expected to falter next year under the strain of wars...
By The Financial District
- Dec 1
- 2 min
PSE Index Gains
The Philippine Stock Exchange (PSE) index gained momentum today, propelled by a significant increase in net foreign buying.
By The Financial District
- Dec 1
- 1 min
Europe's Signa Toppled In Property Rout
Property and retail giant Signa has declared insolvency after last-ditch attempts to secure fresh funding failed, making it the biggest...
By The Financial District
- Dec 1
- 1 min
Chinese Manufacturing Contracts For 2nd Straight Month
China's manufacturing activity contracted for a second straight month in November, and at a quicker pace, suggesting more stimulus will be..
By The Financial District
- Dec 1
- 1 min
Singapore, Zurich World's Most Expensive Cities: EIU
Singapore and Zurich tied for the world's most expensive city this year, followed by Geneva, New York, and Hong Kong.
By The Financial District
- Dec 1
- 2 min
PSE Index Down Anew On Foreign Selling
The Philippine Stock Exchange (PSE) index continued its decline today, driven by foreign selling, closing at 6,223.73 points, down by...
By The Financial District
- Nov 30
- 2 min
PSE Index Gives Up Gains
The Philippine Stock Exchange (PSE) index relinquished its gains on Tuesday due to profit-taking, disrupting the anticipated year-end rally.
By The Financial District
- Nov 30
- 1 min
PH On 'Solid' Economic Recovery --- S&P
The Philippines has been affirmed with "BBB+" long-term and "A-2" short-term sovereign credit ratings with a stable outlook, reflecting...
By The Financial District
- Nov 30
- 1 min
Trust Entities Allowed Access To BSP Bills
The Bangko Sentral ng Pilipinas (BSP) has expanded the list of entities allowed access to BSP-issued securities, aiming to siphon off...
By The Financial District
- Nov 29
- 2 min
Government Increases Agri Production To Mitigate Inflation
The government is implementing various measures to ensure ample local production of basic goods, aiming to mitigate inflation.
By Lito U. Gagni
- Nov 28
- 2 min
Subic Bay Smuggling A Big Problem For DA
Smuggling at the Subic Bay Metropolitan Authority (SBMA) poses a significant challenge for the Department of Agriculture (DA), as the...
By The Financial District
- Nov 27
- 2 min
PH Marks Record USD1.1 Billion Sales In China Expo
The Philippines has marked record-high sales amounting to USD 1.1 billion in this year’s 6th China International Import Expo (CIIE).
By The Financial District
- Nov 27
- 1 min
PH First Mega Ecozone Eyed To Rise In Palawan’s Puerto Princesa
The Philippines is eyeing to build mega economic zones, a trend in Southeast Asia to attract big-ticket investments, with the country’s...
By The Financial District
- Nov 24
- 2 min
PSE Index Recovers; Finishes The Week Up
The Philippine Stock Exchange (PSE) index today rose to 6,269.50 points, up by 23.30 points or 0.37 percent in another day of net foreign...
By The Financial District
- Nov 24
- 2 min
Foreign Buying Fails To Stop PSE Index From Sinking
The Philippine Stock Exchange (PSE) index declined to 6,246.20 points, decreasing by 6.98 points or 0.11 percent, despite net foreign...
By The Financial District
- Nov 23
- 1 min
PH Officially Joins V20-G7 Global Shield Against Climate Risks Board
The Philippines, represented by the Department of Finance (DOF), officially joined the Board of the Vulnerable 20 Group of Finance...
By The Financial District
- Nov 22
- 2 min
Economy On The Path Of Recovery --- Diokno
Finance Secretary Benjamin E. Diokno has expressed full confidence in the ongoing recovery and progress of the Philippine economy.
By The Financial District
- Nov 22
- 2 min
PSE Index Posts Modest Rise Despite Below Average Trades
The Philippine Stock Exchange (PSE) index posted a modest rise today, with all sub-indices gaining, though trades remained below average.
By The Financial District
- Nov 22
- 2 min
PSE Index Buoyed By Foreign Buys
The Philippine Stock Exchange (PSE) index today rose on net foreign buying, with mixed performance among the sub-indices. It closed at...
By The Financial District
- Nov 22
- 2 min
Philippine Startups Expected To Reach $10 Billion By 2028
The Department of Trade and Industry (DTI) in the Philippines anticipates that the country's startup ecosystem will grow to USD 10 billion..
By The Financial District
- Nov 20
- 1 min
PSE Index Starts The Week Sluggish As Bearish Sentiments Persist
The Philippine Stock Exchange (PSE) experienced a decline in the first trading day of the week, closing at 6,183.63 points, down by 28.26...
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