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ICTSI, Telco Stocks Save the Day for the PSE Index
Global port operator ICTSI and telco stocks saved the day for the market on Monday, nudging the Philippine Stock Exchange (PSE) index to a small gain of 9.46 points, or 0.16 percent, to 6,093.53 points.

By The Financial District
Oct 212 min read


Jensen Huang Says Nvidia’s Market Share in China Sinks from 95% to Zero
Nvidia CEO Jensen Huang urged nuance in regulating China’s access to U.S. technologies critical to developing artificial intelligence (AI).

By The Financial District
Oct 211 min read


Giant Russian Gas Plant Suspends Intake from Kazakhstan After Drone Strike
The Orenburg gas processing plant—the largest facility of its kind in the world—has been forced to suspend its intake of gas from Kazakhstan after a Ukrainian drone attack.

By The Financial District
Oct 212 min read


China Removes Top Trade Negotiator from WTO Post
China has formalized the new role of top trade negotiator Li Chenggang, removing him from his position as permanent representative to the World Trade Organization (WTO).

By The Financial District
Oct 211 min read


Nvidia CEO Jensen Huang to Attend APEC Summit in South Korea
Nvidia CEO Jensen Huang plans to meet “global leaders and top Korean executives” when he attends the Asia-Pacific Economic Cooperation (APEC) CEO Summit in South Korea this month.

By The Financial District
Oct 211 min read


Senate Democrats Tank GOP Military Funding Bill
Senate Democrats have turned an annual Pentagon funding bill into collateral damage in a fierce shutdown battle, blocking the legislation as they pressed for an agreement that includes their domestic priorities.

By The Financial District
Oct 212 min read


China’s Economic Growth Slows as Trade Tensions with U.S. Worsen
China’s economic growth slowed in the three months to the end of September as problems in the property market persisted and trade tensions with the U.S. flared up.

By The Financial District
Oct 211 min read


Insurance in Action: Why Protection Means Progress
Earlier this month, insurance professionals stood side by side beneath the Philippine flag as it rose against Manila’s city skyline.

By Gerry Urbina
Oct 213 min read


PSE Index Declines on Thin Trading
The Philippine Stock Exchange (PSE) index declined Monday to 6,084.07 points—its lowest level—as it dropped by 5.46 points or 0.09 percent on thin trading.

By The Financial District
Oct 203 min read


Journalists Quit Pentagon Rather Than Agree to Hegseth’s Coverage Rules
Dozens of reporters resigned their Pentagon access on Wednesday rather than agree to new restrictions imposed by the Defense Department, a rare collective protest by journalists covering the US military.

By The Financial District
Oct 202 min read


PH’s Pioneering Battery-Electric Passenger Ferry Set to Help Ease Metro Traffic Congestion
The Philippines’ first-ever electric passenger ferry is set to serve the public beginning in November and is projected to significantly ease traffic congestion in Metro Manila while promoting sustainability by eliminating fossil fuel consumption.

By The Financial District
Oct 203 min read


U.S. Flubs Caribbean Strike as Fishermen Survive Missile Attack
The US military botched a strike in the Caribbean on Thursday after a missile attack on a suspected drug vessel left survivors among the crew.

By The Financial District
Oct 202 min read


Asian Markets Bounce Back as China-U.S. Trade Fears Ease
Asian markets rose Monday after conciliatory comments from Donald Trump over the weekend eased worries about China-U.S. trade tensions, while Tokyo stocks surged to a record high on news of a deal to end political turmoil in Japan.

By The Financial District
Oct 201 min read


Microsoft Pushes AI Updates in Windows 11
Microsoft is encouraging users to “talk to their laptops” as it rolls out new artificial intelligence (AI) updates for Windows 11 while urging customers to move away from Windows 10.

By The Financial District
Oct 201 min read


Massaging Trump’s Ego, Promising Investments Led to Deal with AstraZeneca
AstraZeneca CEO Pascal Soriot looked relaxed standing in the Oval Office as U.S. President Donald Trump unveiled a medicine deal aimed at lowering drug prices for millions of Americans.

By The Financial District
Oct 202 min read


DT Marks Delfi LLC Profits from Trump’s Businesses
A holding company named DT Marks Delfi LLC has taken in more money than almost any other entity in President Donald Trump’s network of businesses.

By The Financial District
Oct 201 min read


OpenSea Resurrects Itself as One-Stop Shop for Crypto Trading
Few firms have felt the collapse of the NFT market more than the once-dominant OpenSea, which was forced to lay off more than half of its staff in early November 2023.

By The Financial District
Oct 201 min read


Michael Villardo: In the Mood for Success
When the global financial crisis hit in 2008, many family-run export businesses struggled to stay afloat.

By Gerry Urbina
Oct 193 min read


Wall St. Sounds Alarm on AI-Driven Boom
Wall Street is increasingly warning that the artificial intelligence trade may be overheating.

By The Financial District
Oct 181 min read


Automation Causes Nestlé to Slash 16,000 Jobs
Nestlé will cut around 16,000 jobs worldwide over the next two years as it seeks to reduce costs through automation.

By The Financial District
Oct 181 min read


Ex-Trump National Security Chief John Bolton Charged With Storing Classified Info
John Bolton, who served as national security adviser to President Donald Trump during his first term and later became one of his fiercest critics, has been charged with storing top-secret records at home and sharing diary-like notes containing classified information with relatives.

By The Financial District
Oct 181 min read


Japan’s Main Opposition Party Open to Unite on PM Vote
The leader of Japan’s Constitutional Democratic Party (CDPJ) has signaled his readiness to make policy concessions to field a unified opposition candidate against the ruling Liberal Democratic Party (LDP) in an upcoming prime ministerial vote.

By The Financial District
Oct 181 min read


Walmart Allows Purchases via ChatGPT
You’ll soon be able to purchase items from Walmart directly through ChatGPT — the latest push to incorporate shopping into OpenAI’s chatbot.

By The Financial District
Oct 181 min read


U.S. Stocks Drop on Renewed Worries About Banks
US stocks fell late in the week, weighed down by losses in midsized banks as concerns mounted over the quality of their loans.

By The Financial District
Oct 181 min read
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