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IEA Warns of Potential Global Oil Supply Glut by 2027
Global oil markets could face a significant supply surplus by 2027 as production growth outpaces demand, according to a recent outlook from the International Energy Agency (IEA).

By The Financial District
Jun 251 min read


Fed Chair Kevin Warsh Scales Back Forward Guidance in Policy Shift
The Federal Reserve has gradually evolved from a relatively opaque institution into one that communicates more openly about its policy outlook.

By The Financial District
Jun 251 min read


Japan Expands Niche Perfume Market With Vending Machines and Personal Consultations
Japan’s perfume industry is seeking to attract new customers through personalized fragrance consultations and vending machine retail, while beverage companies have also entered the scent market.

By The Financial District
Jun 251 min read


Nasdaq, S&P 500 Retreat as Chip Sell-Off Raises AI Valuation Concerns
US stocks recovered from their session lows but major indexes remained under pressure as a global sell-off in semiconductor stocks fueled concerns about artificial intelligence-related valuation.

By The Financial District
Jun 251 min read


PSE Index Falls Below 6,000 as ICTSI Sell-Off Weighs on Market
The Philippine Stock Exchange (PSE) index declined on Wednesday as a sharp drop in shares of International Container Terminal Services Inc. (ICTSI) weighed heavily on the market.

By The Financial District
Jun 252 min read


Top Development Banker Urges Pope Leo XIV to Reconsider Rare Earth Mining
The head of Latin America's leading development bank made a case to Pope Leo XIV this week for responsible rare earth mining, despite the Vatican's longstanding criticism of the mining industry.

By The Financial District
Jun 241 min read


U.S. Stocks Steady as Progress in US-Iran Talks Eases Market Concerns
US stock futures paused as investors assessed signs of progress in US-Iran peace talks and prepared for a pivotal inflation report later this week.

By The Financial District
Jun 241 min read


Asian Markets Rally on Signs of Progress in U.S.-Iran Negotiations
Asian stock markets moved higher after Iranian negotiators said progress had been made in peace talks with the United States, helping calm fears that negotiations were breaking down.

By The Financial District
Jun 241 min read


Former Fed Chairman Alan Greenspan Dies at 100
Alan Greenspan, the longtime chairman of the Federal Reserve known as "The Maestro" and one of the most influential economic policymakers of his era, has died at the age of 100.

By The Financial District
Jun 241 min read


PSE Index Rises on Peace Optimism as Select Sectors Lag Behind
The Philippine Stock Exchange (PSE) index rose Tuesday on optimism surrounding peace developments in the Middle East, closing at 6,126 points, up 91.20 points or 1.51 percent.

By The Financial District
Jun 241 min read


Russian Regulator Questions Moscow Fuel Retailer Over 19% Price Hike
Russia's anti-monopoly watchdog has requested an explanation from a major Moscow-area fuel retailer after it increased prices for 95-octane gasoline by 19 percent last week.

By The Financial District
Jun 231 min read


Trump Prepares New Tariffs as Treasury Refunds Billions in Duties
Tariff revenue is flowing out of the US Treasury faster than it is coming in, with nearly $22 billion in duties refunded to importers in May after courts determined the tariffs had been unlawfully collected.

By The Financial District
Jun 231 min read


U.S. Launches Trade Investigation Into Germany’s Drug Pricing Policies
The United States has launched a trade investigation into Germany's pharmaceutical pricing policies.

By The Financial District
Jun 231 min read


EU's Trade Deficit With China Reaches €1 Billion a Day
European Union leaders met in Brussels to address the bloc's widening goods trade imbalance with China, which now averages approximately €1 billion ($1.15 billion) per day.

By The Financial District
Jun 231 min read


EU Considers New Trade Defenses Against Surge of Chinese Imports
European leaders are increasingly concerned about the surge of Chinese exports that they say threatens domestic industries, and their response could mirror some of the trade measures employed by President Donald Trump.

By The Financial District
Jun 221 min read


Strong Stocks, Rising Mortgage Rates Create Mixed Economic Picture
Market indexes declined immediately after the outbreak of war, but President Donald Trump has continued to highlight the stock market's resilience, noting that major indexes have repeatedly reached record highs despite geopolitical tensions.

By The Financial District
Jun 221 min read


Trump Struggles to Sell Inflation Message as Prices Continue Rising
President Donald Trump has struggled to persuade Americans that inflation is easing, despite arguing that economic conditions could be far worse and insisting that prices will eventually decline.

By The Financial District
Jun 221 min read


PSE Index Slides 1.64% as Market Uncertainty Sparks Sell-Off
The Philippine Stock Exchange (PSE) index declined sharply on Monday amid continued market uncertainty, closing at 6,035.02, down 100.33 points or 1.64 percent.

By The Financial District
Jun 221 min read


U.S. Jobless Claims Decline, Signaling Stable Labor Market
The number of Americans filing new claims for unemployment benefits fell last week but remained at relatively elevated levels, suggesting some moderation in the pace of job growth in June.

By The Financial District
Jun 222 min read


Apple Teams Up With Intel on US Chip Design and Manufacturing
President Donald Trump said in a Truth Social post that Apple has agreed to work with Intel to design and manufacture chips in the United States.

By The Financial District
Jun 221 min read


Japan Posts First Trade Deficit in Four Months as Energy Costs Rise
Japan recorded a trade deficit of ¥378.6 billion ($2.4 billion) in May, its first monthly deficit in four months.

By The Financial District
Jun 221 min read


UK Inflation Holds Steady as Food Price Pressures Ease
Inflation in the United Kingdom remained at 2.8 percent in the year to May, as slower increases in food prices helped offset rising transportation costs.

By The Financial District
Jun 221 min read


Draft US-Iran Deal Could Unlock Oil Exports and $300 Billion Development Plan
Iran would be allowed to resume oil exports immediately under an interim agreement with the United States and gain access to a $300 billion economic development program as part of negotiations toward a permanent peace arrangement addressing Tehran's nuclear activities.

By The Financial District
Jun 221 min read


Harvard Housing Report Says Affordability Crisis Is Worsening
Housing remains one of the most basic necessities, yet affordability challenges continue to worsen across the United States.

By The Financial District
Jun 221 min read
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