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Silver Hits All-Time High as London Squeeze Boosts Market Rally
Silver prices touched an all-time high above $52.50 an ounce, as a historic short squeeze in London added momentum to a rally fueled by surging demand for safe-haven assets.

By The Financial District
Oct 241 min read


Citi: The World Is Changing Fast
Every year, global executives look for signals of where business, capital, and technology are headed next.

By The Financial District
Oct 242 min read


Colombia Withdraws Its Ambassador to Washington
Colombia—once the top U.S. ally in Latin America and a key partner in the war on drugs—has withdrawn its ambassador to Washington as relations with the U.S. continue to deteriorate under President Trump’s second term.

By The Financial District
Oct 241 min read


Most Federal Workers Won’t Be Paid Despite GOP Promise
Many federal workers expect not to get paid this Friday, marking the first full paycheck they will miss due to the government shutdown, which began three weeks ago.

By The Financial District
Oct 241 min read


Nvidia DGX Spark Hits Market as the "World’s Smallest AI Supercomputer"
Nvidia’s smallest supercomputer officially hit the market on Wednesday. The DGX Spark, which the company says delivers data center-class performance, features Nvidia’s GB10 Grace Blackwell superchip, along with ConnectX-7 networking capabilities and a full software stack.

By The Financial District
Oct 242 min read


China’s Rare Earth Controls Could Stunt Other Countries’ Progress
China’s Commerce Ministry has announced that, starting Dec. 1, foreign companies will be required to obtain a license to export products containing more than 0.1% rare earths from China, or products made using Chinese production technology.

By The Financial District
Oct 242 min read


Citicore Gets $55-M Funding for Solar, Battery Storage Projects
Pentagreen Capital (“Pentagreen”), manager of a blended finance strategy under Singapore’s Financing Asia’s Transition Partnership (“FAST-P”) initiative, and Citicore Solar Energy Corporation (“Citicore”), part of Citicore Renewable Energy Corporation, have announced a financing agreement worth US$55 million to support the implementation of solar and battery storage projects in the Philippines.

By The Financial District
Oct 242 min read


UK Regulators Say Getty-Shutterstock Merger Has Issues
It seemed like a picture-perfect moment: Getty Images and Shutterstock, two of the largest stock media services, announced in January that they would merge in a $3.7 billion deal.

By The Financial District
Oct 231 min read


Berkshire may have Lost $50-B After Dumping Apple Shares
Warren Buffett’s Berkshire Hathaway made one of its best investment moves buying Apple stock from 2016 to 2018—but it erred in selling most of the holding in 2024 and this year.

By The Financial District
Oct 232 min read


Netflix Shares Sink as Quarterly Profit Misses Mark
Netflix shares sank this week after the streaming television powerhouse reported quarterly profit that fell short of market expectations.

By The Financial District
Oct 231 min read


Bargain Hunting Nudges Up PSE Index
Bargain hunting nudged the Philippine Stock Exchange (PSE) index up to 6,053.96 points on Thursday, a gain of 23.09 points or 0.38 percent, in muted trades that saw mixed performances among sub-indices.

By The Financial District
Oct 232 min read


U.S. Seeks to Upend China’s Rare Earth Metals Dominance with Aussie Deal
President Donald Trump’s rare earths agreement with Australian Prime Minister Anthony Albanese is a counter to China’s dominance.

By The Financial District
Oct 231 min read


Jaguar Land Rover Hack Cost the UK $2.5 Billion
The August cyberattack on Jaguar Land Rover, owned by India’s Tata Motors, cost the British economy £1.9 billion ($2.55 billion) and affected more than 5,000 organizations across the country.

By The Financial District
Oct 231 min read


Lululemon Founder Picks Fight with Company’s Board
Chip Wilson isn’t happy with the way things are going at Lululemon Athletica, including the stock’s 40% drop in the past year.

By The Financial District
Oct 232 min read


Ford Recalls More Than 290,000 Vehicles in U.S. Due to Rearview Camera Issue
Ford is recalling more than 290,000 vehicles in the U.S. because the rearview camera system may not display images properly in certain lighting conditions, which could increase the risk of a crash.

By The Financial District
Oct 231 min read


China’s $1-Billion Daily U.S. Exports Show Xi’s Leverage Over Trump
Six months into Donald Trump’s trade war, the resilience of Chinese exports is proving just how essential many of its products remain, even after U.S. tariffs of 55%.

By The Financial District
Oct 231 min read


Scientists "Reawaken" Microbes from Permafrost—and They Start Eating CO₂
d found that microbes from the last ice age can reactivate and resume breaking down carbon.

By The Financial District
Oct 231 min read


Kevin Hassett Claims Trump Could Kill Dem Programs "Forever"
Director of the National Economic Council Kevin Hassett surprised Fox News’ Kayleigh McEnany by threatening Democrats with “extreme measures” if the current government shutdown does not end in a matter of days.

By The Financial District
Oct 231 min read


Samsung Shares Hit Fresh Record Amid AI Chip Boom
Samsung Electronics Co. shares reached a new record high after the company reported its biggest quarterly profit in more than three years, driven by surging AI-related demand for memory chips.

By The Financial District
Oct 231 min read


PAGCOR Donates ‘Lifeline-on-Wheels’ to 12 LGUs
Twelve local government units (LGUs) across the country received a timely boost in emergency health services after receiving brand-new Patient Transport Vehicles (PTVs) from the Philippine Amusement and Gaming Corporation (PAGCOR).

By The Financial District
Oct 232 min read


Asian Shares Slip on Selling of Tech Stocks as Wall St. Wobbles
Asian shares were mostly lower Wednesday amid selling in technology stocks following a lackluster day on Wall Street. US futures edged higher.

By The Financial District
Oct 231 min read


GOP Lawmakers Decry Trump’s Axing of Lending Agency Staff
House and Senate Republicans are circulating a letter in support of the Community Development Financial Institutions Fund, which had all of its staff eliminated by the Trump administration.

By The Financial District
Oct 232 min read


Major Film Studios Could Be in Nevada if Some Unions Have Their Way
Nevada labor unions hoping to boost jobs and tourism are pushing state officials to offer tax credits aimed at bringing more Hollywood filmmaking to the state.

By The Financial District
Oct 231 min read


PSE Index Posts Huge Loss as Stocks Slump
Stocks slumped Wednesday, skidding to a sharp decline as the Top 10 most active issues all ended in negative territory, with losers outnumbering gainers by almost three to one.

By The Financial District
Oct 232 min read
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