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Vietnam Intensifies Crackdown on Counterfeit Luxury Goods
Vietnam has intensified its crackdown on counterfeit luxury goods after police raided warehouses outside Ho Chi Minh City and seized more than 23,000 pairs of counterfeit slippers bearing the logos of brands including Nike, Adidas, Crocs, and Gucci.

By The Financial District
Jul 101 min read


Thailand Shifts Tourism Strategy Toward High-Spending Visitors
Thailand is shifting its tourism strategy from maximizing visitor arrivals to attracting higher-spending travelers.

By The Financial District
Jul 101 min read


PSE Index Falls 0.83% as Geopolitical Tensions Weigh on Investor Sentiment
The Philippine Stock Exchange (PSE) index tumbled on Thursday, closing at its intraday low of 6,223.87, down 51.90 points, or 0.83 percent, as geopolitical tensions dampened investor sentiment.

By The Financial District
Jul 92 min read


Wall Street Expects Stock Market Rally to Continue in Second Half of 2026
Wall Street strategists expect the US stock market to continue advancing in the second half of 2026 after a strong performance during the previous quarter.

By The Financial District
Jul 91 min read


OPEC+ Approves Another Oil Production Quota Increase
Major members of OPEC+ have agreed to another modest increase in their collective oil production quotas for next month, raising the prospect of additional crude supplies reaching global markets if the U.S.-Iran peace agreement holds.

By The Financial District
Jul 91 min read


Defense Stocks Rally as Global Military Spending Accelerates
Defense stocks are climbing as investors wager that rising military spending, efforts to replenish depleted weapons stockpiles, and the growing adoption of artificial intelligence (AI) in defense will fuel long-term growth in the sector.

By The Financial District
Jul 91 min read


U.S. Hospitality Jobs Fall Despite Expectations of World Cup Hiring Boost
Employment in the US leisure and hospitality sector unexpectedly declined in June despite expectations that the 2026 FIFA World Cup would boost hiring.

By The Financial District
Jul 91 min read


PSE Index Extends Winning Streak Despite Cautious Trading
The Philippine Stock Exchange (PSE) index extended its winning streak on Wednesday, gaining 28.66 points, or 0.46 percent, to close at 6,275.77, although investors largely remained on the sidelines amid lingering economic and geopolitical uncertainties.

By The Financial District
Jul 82 min read


South Korean Stocks Slide Deeper as AI Spending Concerns Weigh on Chipmakers
South Korea's stock market extended its losses, pushing the benchmark Kospi toward bear-market territory as investors reassessed the outlook for artificial intelligence (AI)-driven semiconductor demand.

By The Financial District
Jul 81 min read


AI Boom Expected to Lift Japanese Corporate Profits to Sixth Straight Record Year
Major Japanese companies are expected to post record net profits for a sixth consecutive fiscal year, as strong demand for artificial intelligence (AI)-related technologies is projected to outweigh higher input costs stemming from the Middle East conflict.

By The Financial District
Jul 81 min read


Bank of America Expects S&P 500 to Give Back Some 2026 Gains
The S&P 500 has posted its strongest quarterly performance since 2020 and is up about 9 percent this year, but analysts at Bank of America (BofA) expect the market to surrender part of those gains before year-end.

By The Financial District
Jul 81 min read


Iran Envoy Says Hormuz Transit Fees May Include Special Terms for Friendly Nations
Iran's ambassador to China said commercial vessels transiting the Strait of Hormuz could face new service fees, while China and other "friendly" countries may receive special consideration.

By The Financial District
Jul 81 min read


Weak U.S. Jobs Report Raises Fresh Questions About Economic Momentum
Fox Business reacted to a weaker-than-expected US employment report after June job growth fell well below economists' forecasts.

By The Financial District
Jul 81 min read


Filinvest Land Turns Over Bicutan Property for NSCR Mega Transit Hub
In a major step toward transforming the country's mass transportation system, Filinvest Land Inc. (FLI) has officially turned over a prime 6,000-square-meter property in Bicutan to the Department of Transportation (DOTr).

By The Financial District
Jul 82 min read


Palantir CEO Says OpenAI and Anthropic Have Mispriced Enterprise AI
Alex Karp, chief executive officer of Palantir Technologies, said OpenAI and Anthropic have fundamentally mispriced their AI services.

By The Financial District
Jul 81 min read


PSE Index Extends Winning Streak, but Investor Uncertainty Persists
The Philippine Stock Exchange (PSE) Index extended its winning streak to six consecutive trading sessions on Tuesday, closing at 6,247.00, up 23.12 points or 0.37 percent, although investor uncertainty continued to linger.

By The Financial District
Jul 82 min read


AI Token Pricing Weakens as Investors Question Industry Profitability
As markets grow increasingly concerned about whether the enormous sums being invested in artificial intelligence (AI) will ultimately generate strong returns, the prices charged for AI usage are beginning to decline.

By The Financial District
Jul 71 min read


China to Continue Heavy Investment in Diverse Energy Mix Despite Renewable Expansion
China will continue investing heavily in a diversified energy system, combining coal-fired power plants with renewable sources such as wind and solar to support its expanding industrial base.

By The Financial District
Jul 71 min read


U.S. Stock Futures Rise After Strong Week for Major Indexes
US stock futures moved higher on Monday following another strong week for Wall Street, with technology and hardware shares leading the gains.

By The Financial District
Jul 71 min read


PSE Index Climbs 0.58% Despite Late Profit-Taking
The Philippine Stock Exchange (PSE) index rose on Monday, gaining 35.96 points, or 0.58 percent, to close at 6,223.99, after strong early gains were tempered by late-session profit-taking.

By The Financial District
Jul 71 min read


EU Warns Trade Tensions With China Could Escalate Without Autumn Agreement
The European Union risks entering a new phase of trade conflict with China unless both sides reach an agreement to reduce trade imbalances by October.

By The Financial District
Jul 61 min read


U.S. National Debt Surges to $39 Trillion as Long-Term Borrowing Trend Deepens
As the United States marks its 250th anniversary this weekend, one number underscores the nation's fiscal trajectory.

By The Financial District
Jul 62 min read


Egg Producers to Pay $3.3 Million, Donate 53 Million Eggs in Price-Fixing Settlement
The US Department of Justice and 17 states have reached settlement agreements with three major egg producers to resolve allegations that the companies conspired to inflate egg prices.

By The Financial District
Jul 61 min read


Cooling Jobs Data Keeps Fed Focused on Inflation
A cooler-than-expected June employment report is likely to keep Federal Reserve officials focused on inflation while supporting an extended pause in interest rate increases.

By The Financial District
Jul 61 min read
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