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33.3% of Outokumpu Clients Freeze Stainless Steel Imports Due to Tariffs
At least one-third of surveyed companies have paused or delayed stainless steel orders because of US import tariffs of up to 50%, while more than half are reassessing their sourcing strategies.

By The Financial District
Sep 241 min read


Human Rights Experts Hired by UN Confirm Israel is Committing Genocide in Gaza
A team of independent experts commissioned by the United Nations Human Rights Council (UNHRC) has concluded that Israel is committing genocide in Gaza.

By The Financial District
Sep 241 min read


Finlandization to End Russia’s Ukraine Invasion a Poor Precedent: Expert
As part of the US and European push toward a negotiated end to the Russia-Ukraine war, Kyiv has been under mounting pressure to accept territorial concessions.

By The Financial District
Sep 242 min read


Crypto Sinks as $1.5-B in Bullish Bets Burned
Cryptocurrency traders saw more than $1.5 billion in bullish wagers liquidated on Monday, triggering a sharp selloff that sent Ether and other tokens plunging.

By The Financial District
Sep 241 min read


Malaysia Says RCEP Mulls Adding New Members to Trade Bloc
The China-backed Regional Comprehensive Economic Partnership (RCEP) will consider adding new members and discuss ways to improve trade flows when its leaders meet for the first time in five years in October.

By The Financial District
Sep 241 min read


BYD Stock Falls After Buffett Sells Entire Stake in EV Maker
Shares of BYD Co. fell the most in three weeks after a report that Warren Buffett’s investment firm sold its entire stake in the Chinese electric-vehicle maker.

By The Financial District
Sep 241 min read


PSE Index Slumps to Lower Level
The Philippine Stock Exchange (PSE) on Tuesday slumped to a milestone low, closing at 6,118.54 points—down 96.29 points or 1.55 percent—with the Top 10 active shares all ending in the red.

By The Financial District
Sep 232 min read


Funds Pulling Out of U.S. Assets Due to Trump, Mercer Warns
Donald Trump’s efforts to reshape global trade and pressure the Federal Reserve into cutting interest rates are driving investors to scale back U.S. exposure.

By The Financial District
Sep 231 min read


[Feature] Architect Gene Go on Why Givers Gain
Architect Gene Arthur Go did not stumble into entrepreneurship. He grew up inside it.

By Gerry Urbina
Sep 234 min read


Could U.S. Interest Rate Cut Boost the Housing Market?
Aileen Barrameda is planning to buy a house in Los Angeles in the coming months. Stubbornly high mortgage rates—twice what she locked in at the start of the coronavirus pandemic—aren’t putting her off.

By The Financial District
Sep 231 min read


Pentagon’s Charlie Kirk Recruitment Slant Bashed as a "Horrible Idea"
A proposal to use Charlie Kirk as a military recruitment figure, despite his never having served in the U.S. Armed Forces, has drawn backlash and sparked internal resistance within the Pentagon after the plan was leaked.

By The Financial District
Sep 232 min read


China-Made Flying Cars Collide at Air Show Rehearsal
Two flying cars collided during rehearsals for an air show in China meant to showcase the country’s cutting-edge technology.

By The Financial District
Sep 231 min read


Sex Abuse Charges Against Top Aussie Radio Host Downgraded
Prosecutors have downgraded some of the most serious sex abuse charges against veteran broadcaster and former Wallabies coach Alan Jones after a recent court hearing.

By The Financial District
Sep 231 min read


Trump to Impose $100,000 Fee Per Year for H-1B Visas
The Trump administration said it would require companies to pay $100,000 per year for H-1B worker visas, a move that prompted major tech firms to warn visa holders to stay in the U.S. or quickly return.

By The Financial District
Sep 231 min read


Fractured Soul, Fresh Breath: A Call to Clarity
When the protests end, when the streets are swept and the placards are packed away, we are left not with silence but with a question: what do we do now?

By Lito U. Gagni
Sep 222 min read


PSE Index Declines on Protest Action Aftermath
The Philippine Stock Exchange (PSE) index fell by 49.66 points, or 0.79 percent, to close at 6,214.83 on Monday, weighed down by investor jitters in the aftermath of violent protests that left more than a dozen injured, including policemen.

By The Financial District
Sep 222 min read


Fed Cuts Rates Slightly as Trump Appointee Dissents
https://www.thefinancialdistrict.com.ph/post/fed-cuts-rates-slightly-as-trump-appointee-dissents.

By The Financial District
Sep 221 min read


Trump’s Trade War Pushes U.S. Farmers to the Brink
Farmers across the country are issuing increasingly urgent warnings that they face grim consequences if they cannot find markets for this year’s bumper crop now being harvested.

By The Financial District
Sep 221 min read


Spirit to Slash Flight Capacity by 25%, Cut Jobs
Spirit Airlines will cut jobs and reduce flight capacity by 25% year-on-year in November, deepening struggles for the budget carrier.

By The Financial District
Sep 221 min read


Air India Crash Victims’ Families Sue Boeing, Honeywell
The families of four passengers who died in an Air India jet crash in June have filed a lawsuit in the United States against planemaker Boeing and aircraft parts maker Honeywell, accusing them of negligence.

By The Financial District
Sep 221 min read


U.S. Promises to Invest £150-B in U.K.
A record-breaking £150-billion package of U.S. investment into the U.K. has been announced during President Donald Trump’s state visit.

By The Financial District
Sep 221 min read


Trump Kills Annual Report on U.S. Hunger, Calls It "Overly Politicized"
The Trump administration is ending the federal government’s annual report on hunger in America, arguing that it had become “overly politicized” and “rife with inaccuracies.”

By The Financial District
Sep 221 min read


China Decries "Might Is Right" Diplomacy While Demanding Control of Spratlys, Taiwan
China has warned that a fixation on military strength will only sow global divisions, while simultaneously demanding control of Taiwan.

By The Financial District
Sep 222 min read


Cyberattack Strands Thousands of Passengers in UK, EU Airports
A cyberattack on a key provider of airline check-in and boarding systems disrupted operations at major European airports on Saturday, delaying and canceling flights across the continent.

By The Financial District
Sep 221 min read
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