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The New Currency of Connectivity: How Globe Is Quietly Rewiring the Filipino Future
There was a time when a telecommunications company measured success by the number of calls completed or text messages sent. Today, the battlefield has changed.

By Lito U. Gagni
4 days ago3 min read


New Fed Chair Kevin Warsh Expected to Take Tougher Stance on Inflation
The Federal Reserve heavily influences savings rates, borrowing costs and the overall health of the U.S. economy, meaning its policies can affect everything from mortgage rates to inflation.

By The Financial District
4 days ago1 min read


China, U.S. Yet to Finalize Fixed Agricultural Import Deal
China’s agricultural imports from the United States still face an additional 10% levy after rounds of tit-for-tat tariffs last year sharply curtailed trade.

By The Financial District
4 days ago1 min read


PSE Index Falls Amid Investor Jitters Over Iran Crisis
The benchmark Philippine Stock Exchange index (PSE) declined to 5,941.52 points on Monday, down 35.25 points or 0.59%, as investor sentiment weakened amid uncertainty over peace negotiations related to the Iran crisis.

By The Financial District
4 days ago2 min read


China Commits to Buy at Least $17 Billion in U.S. Farm Products, White House Says
China has committed to purchasing at least $17 billion worth of U.S. agricultural products annually from 2026 to 2028.

By The Financial District
4 days ago1 min read


Lai Says Taiwan “Won’t Be Traded” Amid Trump Remarks on Arms Deal
Taiwan President Lai Ching-te said the self-ruled democracy cannot be traded away, days after U.S. President Donald Trump described a planned $14 billion arms sale to Taipei as a bargaining chip with China.

By The Financial District
5 days ago1 min read


Jerome Powell Steps Down as Fed Chair, Remains on Board of Governors
After steering the U.S. central bank through a global pandemic, the highest inflation in four decades and political scrutiny, Federal Reserve Chair Jerome Powell has concluded his eight-year tenure.

By The Financial District
5 days ago1 min read


Trump Says China Agreed to Buy 200 Boeing Jets During Beijing Talks
China has agreed to order 200 Boeing aircraft, U.S. President Donald Trump told Fox News host Sean Hannity.

By The Financial District
5 days ago1 min read


PH Gaming Industry GGR Falls 16% to PHP87.6 Billion in Q1 2026
The Philippine gaming industry generated gross gaming revenues (GGR) of PHP87.60 billion in the first quarter of 2026, down 15.87% from the PHP104.12 billion recorded in the same period last year.

By The Financial District
5 days ago1 min read


US Stocks Fall as Treasury Yields Rise Amid Inflation Concerns
U.S. stocks fell, retreating from record highs as inflation concerns weighed on markets assessing the outcome of the Trump-Xi summit in China.

By The Financial District
5 days ago1 min read


Iran Conflict Fuels Oil Windfall — and Political Tension — in New Mexico
Rising oil prices linked to tensions surrounding the Strait of Hormuz have created a financial windfall for New Mexico, a Democratic-leaning state where fossil fuel revenues fund a broad range of public programs.

By The Financial District
5 days ago1 min read


Ship Seizure Near Hormuz Escalates Fears Over Global Oil Route
A ship anchored off the United Arab Emirates was seized and taken toward Iran, while another cargo vessel near Oman sank after an attack.

By The Financial District
5 days ago1 min read


Kremlin Downplays Sharp Cuts to Russia Growth Forecasts
The Kremlin has downplayed a downgrade in Russia’s economic growth forecasts and gave no indication it planned to penalize officials for weaker economic performance.

By The Financial District
7 days ago1 min read


Xi Warns Trump Taiwan Issue Could Trigger "Conflict"
Chinese President Xi Jinping delivered a stern warning to US President Donald Trump over Taiwan during their meeting in Beijing, cautioning that mishandling the issue could lead to “clashes and even conflicts.”

By The Financial District
7 days ago1 min read


U.S. Debt Interest Costs Near $3 Billion a Day, CBO Says
The US Treasury Department has paid $628 billion in net interest this fiscal year to service the national debt.

By The Financial District
7 days ago1 min read


Warsh Backs Alternative Inflation Gauge Showing Softer Price Pressures
Kevin Warsh’s expected nomination as the next chair of the Federal Reserve comes as the Senate prepares for a confirmation vote and a new round of inflation data approaches.

By The Financial District
May 151 min read


U.S. Airlines Hike Bag Fees Amid Rising Jet Fuel Costs
Major US airlines are offsetting rising jet fuel costs by increasing fees for checked bags, extra legroom, seat-selection preferences, and other ancillary services.

By The Financial District
May 151 min read


Iran Tensions and Hormuz Standoff Push Oil Prices Higher
Hopes for a peace deal with Iran faded this week after President Donald Trump said a ceasefire was “on life support,” while Tehran rejected a US proposal to end the conflict and maintained a list of demands Trump described as “garbage.”

By The Financial District
May 151 min read


U.S. Inflation Hits Three-Year High as Gasoline Prices Surge
Inflation rose for a second consecutive month as the US-Israeli conflict with Iran continued to drive gasoline prices higher in April.

By The Financial District
May 151 min read


U.S. Signals Support for Japan’s Yen Stabilization Efforts
The United States and Japan agree that excessive volatility in currency markets is undesirable, US Treasury Secretary Scott Bessent said, comments interpreted as indirect support for Tokyo’s recent intervention to strengthen the yen.

By The Financial District
May 151 min read


Kuroda Says Japan’s Yen Intervention May Only Offer Temporary Relief
Former Bank of Japan Governor Haruhiko Kuroda said that Japan’s recent foreign-exchange intervention may have prevented the yen from falling beyond 160 per dollar, but is unlikely to have a lasting impact on the currency.

By The Financial District
May 151 min read


AI Boom Drives China’s Record $359-B Export Surge
Just as an AI-driven boom in business investment bolstered US economic growth earlier this year.

By The Financial District
May 151 min read


PSE Index Climbs Above 6,000 as Bargain Hunting Lifts Blue Chips
The Philippine Stock Exchange (PSE) index rose Thursday on renewed investor optimism, closing higher at 6,015.03, up 68.25 points or 1.15%.

By The Financial District
May 141 min read


China Unlikely to Invest $1-T in U.S.
Chinese analysts say Beijing wants to “extend the current trade truce, ease sanctions and technology restrictions, and potentially secure assurances that the US will pull back on arms sales to Taiwan.”

By The Financial District
May 141 min read
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