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PSE Index Tumbles Again
The Philippine Stock Exchange (PSE) index fell 66.44 points, or 1.09 percent, to close at 6,042.28 on Thursday—just inches above its support level.

By The Financial District
Sep 251 min read


Trump on the Road to Kill US Democracy, Claims Vox Analyst
Authoritarian governments come in many forms. In the US, it may not involve outright banning the opposition, imposing martial law, or staging sham elections.

By The Financial District
Sep 251 min read


Spain Scraps Arms Deals With Israel’s Elbit Systems and Rafael
Spain has canceled a €700 million ($820 million) contract to purchase artillery systems from Israel’s Elbit Systems.

By The Financial District
Sep 251 min read


Powell Dismisses Trump’s Criticism of “Political” Fed as “Cheap Shot”
US Federal Reserve Chairman Jerome Powell forcefully rejected claims that politics influence the central bank’s decisions, amid escalating clashes with President Donald Trump over the Fed’s independence.

By The Financial District
Sep 251 min read


Trump Upends Tech Industry With $100,000 Fee for H-1B Visa
President Donald Trump imposed an annual $100,000 fee on H-1B visa applications — used by companies to hire skilled foreign workers — immediately rattling the tech industry.

By The Financial District
Sep 251 min read


Nvidia Tie-Up Leaves Intel a Bit Short
Nvidia plans to invest $2.7 billion to support the UK’s artificial intelligence industry by funding startups and partnering with venture capital firms.

By The Financial District
Sep 251 min read


Sacking Jimmy Kimmel Was a Bad Idea — and ABC Woos the Comedian Back
The decision to suspend Jimmy Kimmel’s late-night show has put a spotlight on Nexstar Media, the largest TV station owner and operator in the US, and its founder Perry Sook.

By The Financial District
Sep 251 min read


CoreWeave Bets $29 Billion on AI Boom — But Risks Loom
Graphics processing units (GPUs), commonly designed by chip giant Nvidia, have become the core engine for artificial intelligence.

By The Financial District
Sep 252 min read


Savannah Bananas Turning Baseball Into Big Business
In a fast-paced version of the sport known as Banana Ball, players backflip to catch fly balls, take choreographed dance breaks between batters, and more.

By The Financial District
Sep 251 min read


Bitcoin Could Join Gold on Centr Bank Balance Sheets in the Future
Gold and crypto are performing very differently in the short term—but one firm says the two could thrive side by side in the years ahead.

By The Financial District
Sep 252 min read


S. Korea to Accept Trump-Kim Deal to Freeze Nuclear Program: BBC
South Korea’s president has said he would agree to a deal between Donald Trump and Kim Jong Un in which North Korea freezes production of its nuclear weapons, rather than dismantling them.

By The Financial District
Sep 252 min read


Antonin Scalia’s “Originalism” Killed the U.S. Constitution
Few justices have done more to reshape American jurisprudence—not only from the bench but also in classrooms, lecture halls, and on television—than the late Justice Antonin Scalia.

By The Financial District
Sep 251 min read


PSE Index Down Slightly, Tests Support Level
The Philippine Stock Exchange (PSE) index closed a bit lower on Wednesday at 6,108.72 points, down 9.82 points or 0.16 percent.

By The Financial District
Sep 252 min read


Saylor Crypto Imitators Beleaguered as Doubts Grow Over Business Model
Enthusiasm for Michael Saylor’s Strategy (MSTR)—and some of its imitators—has been fading, with shares of those companies tumbling over the past month.

By The Financial District
Sep 241 min read


Trump, 79, Launches Rambling Tribute at Charlie Kirk Memorial
President Donald Trump quickly veered off-course as he took the stage to memorialize his close ally Charlie Kirk.

By The Financial District
Sep 241 min read


Russia Turns to Barter With China to Skirt Sanctions
Old-fashioned barter is making a comeback in Russia’s foreign trade for the first time since the 1990s, as companies trade wheat for Chinese cars and flax seeds for construction materials in a bid to dodge Western sanctions.

By The Financial District
Sep 241 min read


China Sticks to Position on TikTok’s U.S. Future After Trump Call
China stuck to its stance on the future of TikTok in the U.S. a day after President Donald Trump said a deal to shift the short video app to U.S.-controlled ownership was progressing.

By The Financial District
Sep 241 min read


Trump's New $100,000 Visa Fee Sets Off Panic, Confusion
The surprise order from the Trump administration imposing a new $100,000 fee on some visas set off a day of frantic travel as workers, companies, and foreign governments scrambled to respond to Washington's latest immigration crackdown.

By The Financial District
Sep 241 min read


India’s Steel Exports Face EU Carbon Tax Hit
India's steel industry will not be significantly affected by US tariffs, but the European Union’s carbon tax will impact exports.

By The Financial District
Sep 241 min read


Dozens of Female Mossad Agents have Penetrated Iran
Dozens of female Mossad operatives penetrated Iran and carried out operations during Israel’s attacks on Tehran’s nuclear and ballistic missile programs in June.

By The Financial District
Sep 241 min read


Trump, 79, Says 300-M Americans Have Died from Drugs
US President Donald Trump has inflated the figure he wrongly claims were killed by drugs in the US — from massively inaccurate to impossibly so.

By The Financial District
Sep 242 min read


Iran Mulls Nuke Inspection Action Against Israel
Iranian authorities are weighing next steps following an agreement with the global nuclear watchdog, while urging regional states to move beyond issuing statements in response to Israel’s attack on Qatar.

By The Financial District
Sep 241 min read


Rule of Law Prevailed with Bolsonaro Conviction, Lula Lectures Trump
Brazilian President Luiz Inácio Lula da Silva has defended the trial that saw his predecessor, Jair Bolsonaro, sentenced to more than 27 years in prison for plotting a coup.

By The Financial District
Sep 242 min read


S. Korea President: U.S. Investment Demands Could Trigger Financial Crisis
South Korea’s economy could fall into a crisis rivaling its 1997 meltdown if the government accepts current U.S. demands in stalled trade talks without safeguards.

By The Financial District
Sep 241 min read
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