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Japan's Average Retail Rice Price Soars to Record High
In the week ending last Sunday, the average price of rice sold at about 1,000 supermarkets across Japan rose by ¥23 from the previous week to ¥4,335 per 5 kilograms — the highest level since the survey began in March 2022.

By The Financial District
Dec 15, 20251 min read


PSE Index Tops 6,000-Point Level
The Philippine Stock Exchange (PSE) index topped the 6,000-point level for the first time in two weeks on Friday, but trading remained muted despite gains across all sub-indices, as foreign investors stayed cautious about the local market.

By The Financial District
Dec 13, 20252 min read


Trump Calls Hassett a "Potential" Federal Reserve Chairman
President Donald Trump has teased his pick to lead the U.S. central bank and hinted that it might be Kevin Hassett, the director of the White House National Economic Council.

By The Financial District
Dec 12, 20251 min read


AI Bubble to Be Short-Lived, Rebound Stronger: NTT Data Chief
A potential artificial intelligence bubble will deflate faster than past tech cycles but give way to an even stronger rebound as corporate adoption catches up with infrastructure spending.

By The Financial District
Dec 12, 20251 min read


PSE Index Up on Bargain Hunting
The Philippine Stock Exchange (PSE) index rose Thursday on bargain hunting, climbing early in the session but cooling down at the close to 5,990.00 points for a gain of 30.06 points, or 0.50 percent.

By The Financial District
Dec 11, 20252 min read


Fed Makes Third Rate Cut but Sees Just One Reduction in 2026
A divided US Federal Reserve lowered interest rates on Dec. 10 for the third consecutive time in 2025.

By The Financial District
Dec 11, 20251 min read


Moneybags Aren’t Abandoning New York City
No, the rich aren’t leaving New York.

By The Financial District
Dec 11, 20251 min read


PSE Index Down in Mixed Performance
The Philippine Stock Exchange (PSE) index declined slightly today amid a mixed market performance, as foreign investors continued their selling spree.

By The Financial District
Dec 10, 20252 min read


Japan Mulls Income Tax Hike in 2027 to Cover Defense Spending
Japan's ruling party, led by Prime Minister Sanae Takaichi, is considering raising the country’s income tax in January 2027 to cover part of a substantial increase in defense spending.

By The Financial District
Dec 10, 20251 min read


China’s Trade Surplus Tops $1T as Its Exports Surge
China’s exports rebounded in November after an unexpected contraction the previous month, pushing its trade surplus past $1 trillion for the first time.

By The Financial District
Dec 10, 20251 min read


Trump Offers $12-B Aid for Farmers Hit Hard by His Tariffs on China
President Donald Trump is planning a $12 billion farm aid package.

By The Financial District
Dec 10, 20251 min read


Child Deaths Worldwide Projected to Rise Due to Health Funding Cuts
The number of children who die before age 5 is expected to rise for the first time this century amid sweeping cuts to global health funding by high-income countries.

By The Financial District
Dec 10, 20252 min read


PSE Index Up in Roller-Coaster Ride
The Philippine Stock Exchange (PSE) index closed slightly higher Tuesday at 5,976.64 points—its intra-day high—rising 27.24 points or 0.46 percent after a roller-coaster trading session.

By The Financial District
Dec 9, 20252 min read


AI Boom Could Widen Global Inequality, with Asia Most at Risk: UNDP
As the global artificial intelligence (AI) race accelerates, the technology could deepen existing inequalities between countries if left unmanaged.

By The Financial District
Dec 9, 20251 min read


Ex-Intel CEO Warns AI Boom Fueling Markets Is Illusory
Former Intel CEO Pat Gelsinger warned that the biggest players in artificial intelligence (AI) are now funding their own growth, meaning the AI boom fueling markets may be somewhat illusory.

By The Financial District
Dec 9, 20251 min read


Florida Solon Seeks to Ban Congress from Trading Stock
GOP Rep. Anna Paulina Luna has filed a discharge petition that would bypass House leadership to force a vote on a bill banning members of Congress from trading stock.

By The Financial District
Dec 9, 20251 min read


Market Doubts Hassett Can Deliver at Fed, Says Investment Banker
Kevin Hassett may not have the ability to deliver the rapid pace of interest-rate cuts U.S. President Donald Trump would like, even if he is approved as the next Federal Reserve Chair.

By The Financial District
Dec 8, 20251 min read


U.S. Dollar Extends Slide After ADP Jobs Report
The U.S. dollar extended its slide, putting it on track for its longest stretch of declines since July 2020.

By The Financial District
Dec 8, 20251 min read


China Floods the World with Gasoline Cars it Can’t Sell at Home
While Western nations focus on the competitive threat of Chinese EVs, a different challenge is reshaping the auto industry.

By The Financial District
Dec 6, 20252 min read


Trump Team Negotiating Taiwan Trade Deal to Train U.S. Workers
U.S. President Donald Trump’s administration is negotiating a deal that could commit Taiwan to fresh investment in the United States and to training U.S. workers in semiconductor manufacturing and other advanced industries.

By The Financial District
Dec 6, 20251 min read


PSE Index Up a Level in Muted Trade
The Philippine Stock Exchange (PSE) index rose a level with foreign investors still net sellers, closing at 5,949.22, a gain of 61.64 points or 1.05 percent in what analysts described as a bargain-hunting window that left sector performance mixed.

By The Financial District
Dec 5, 20252 min read


"Dr. Doom" Nouriel Roubini: U.S. Headed for "Growth Recession," Not Market Crash
For nearly two decades, economist Nouriel Roubini has worn the nickname “Dr. Doom” with pride.

By The Financial District
Dec 5, 20252 min read


Japan’s Young People Aren’t Getting Poorer, Analyst Claims
“Social insurance premiums are dragging down young people’s disposable income.”

By The Financial District
Dec 5, 20252 min read


Oil Maintains Gains as Venezuela, Ukraine Come into Focus
Oil held its recent gains as investors weighed the outlook for a ceasefire in Ukraine and the repercussions of tensions between the US and Venezuela.

By The Financial District
Dec 5, 20251 min read
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