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Filipinos Abroad Lift Country Anew with 7-Month High Remittance of US$3.2B in July
Overseas Filipinos (OFs) once again buoyed the Philippine economy after sending a total of US$3.179 billion in cash remittances coursed through banks in July, marking a seven-month high for the year.

By The Financial District
Sep 193 min read


PSE Index Inches Higher
The Philippine Stock Exchange (PSE) index extended its rise on Thursday, though only slightly, closing at its highest level of the day at 6,233.62, up 22.96 points or 0.37 percent.

By The Financial District
Sep 191 min read


U.S. Employers Added a Modest 80,000 Jobs Last Month
When the Labor Department released a weak jobs report last month, an enraged President Donald Trump responded by firing the economist overseeing the data and nominating a loyalist to replace her.

By The Financial District
Sep 181 min read


Inflation Rises, Contradicting Trump’s Claim He Has Solved It
President Donald Trump has declared that he had “already solved inflation” and that “costs are down,” boasting that “we have almost no inflation anymore.”

By The Financial District
Sep 181 min read


Russia Warns EU: We Will Go After Any State That Seizes Our Assets
Russia has threatened retaliation against any European state that attempts to seize its assets after reports surfaced that the European Union (EU) is exploring ways to leverage frozen Russian funds to support Ukraine.

By The Financial District
Sep 181 min read


Chris Cuomo Tags Elon Musk as "Stupidest Genius" Over Kirk Slaying Theory
NewsNation anchor Chris Cuomo took a swipe at tech billionaire Elon Musk after the fatal shooting of conservative activist Charlie Kirk, co-founder of Turning Point USA and a close ally of Donald Trump.

By The Financial District
Sep 181 min read


Oracle, Silver Lake to Control 80% Stake in TikTok in U.S.
TikTok’s US operations will be controlled by an investor consortium including Oracle, Silver Lake, and Andreessen Horowitz under a framework the US and China are finalizing.

By The Financial District
Sep 181 min read


Robust Adult Demand Boosts Japan's Toy Market
Japan’s toy market is expanding despite the country’s declining birthrate, fueled by strong demand from adults who view gadgets as an affordable hobby and a way to connect with others through social media.

By The Financial District
Sep 181 min read


Trump Backs Sanctions Once NATO Stops Buying Russian Oil
US President Donald Trump said he’s prepared to move ahead with “major” sanctions on Russian oil if NATO countries do the same.

By The Financial District
Sep 181 min read


Jerry Quits Ben & Jerry’s, Says Unilever Stifled Ice Cream Firm’s Independence
Ben & Jerry’s co-founder Jerry Greenfield is leaving the ice cream brand after 47 years, saying the independence it once had to speak out on social issues has been stifled by parent company Unilever.

By The Financial District
Sep 182 min read


Robert Redford, Actor, Director, Environmentalist, Dead at 89
Robert Redford, the dashing actor and Oscar-winning director who eschewed his status as a Hollywood leading man to champion causes close to his heart, has died.

By The Financial District
Sep 182 min read


PSE Index Powers Higher as Positive Sentiment Returns
The Philippine Stock Exchange (PSE) index climbed to 6,210.66 points on Wednesday, up 61.92 points or 1.01 percent, as positive sentiment returned to the market.

By The Financial District
Sep 182 min read


Magnitude-7.4 Quake Rocks Russia’s Kamchatka Peninsula
A magnitude 7.4 earthquake struck off the east coast of Russia’s Kamchatka Peninsula over the weekend.

By The Financial District
Sep 171 min read


China Says Nvidia Violated Anti-Monopoly Laws With 2020 Mellanox Deal
China has ruled that Nvidia Corp. violated anti-monopoly laws with its 2020 acquisition of Mellanox Technologies Ltd.

By The Financial District
Sep 171 min read


Ukraine Blasts Russian Chemical Plant, Oil Refinery
Ukraine launched large airstrikes late Saturday and into Sunday that struck a chemical plant and an oil refinery inside Russia.

By The Financial District
Sep 171 min read


Anthropic to Pay Authors $1.5 Billion Over Pirated Books for AI Training
Artificial intelligence company Anthropic has agreed to pay $1.5 billion to settle a class-action lawsuit brought by authors who say the firm used pirated books to train its chatbot.

By The Financial District
Sep 171 min read


Goldman Sachs Issues a Warning to AI Stock Investors
Goldman Sachs is sounding an early alarm on the near-term trajectory of AI stocks.

By The Financial District
Sep 171 min read


Millions Face Huge Health Insurance Costs Unless Congress Extends Subsidies
There is bipartisan support in Congress for extending tax credits that have made health insurance more affordable for millions since the COVID-19 pandemic.

By The Financial District
Sep 171 min read


Trump Scorned for Double Standard as He Lionizes Racist Charlie Kirk
Shortly after news of the shooting broke, Donald Trump posted on Truth Social: “We must all pray for Charlie Kirk, who has been shot. A great guy from top to bottom. GOD BLESS HIM!”

By The Financial District
Sep 172 min read


Retail Backlash Forces South Korea to Junk Capital Gains Tax Plans
South Korea has abandoned a controversial plan to slash the capital gains tax threshold for stock investors, marking President Lee Jae Myung’s first major policy reversal since taking office in June.

By The Financial District
Sep 171 min read


SEC to Notify Businesses of Technical Violations Before Taking Action
U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins vowed to give businesses notice of technical violations before “bashing down their door,” signaling a shift away from aggressive enforcement actions.

By The Financial District
Sep 171 min read


Russia-China Gas Deal Will Have Global Ripple Effects: Analyst
The agreement between Russia and China this week to build a massive new gas pipeline is not just another trade deal.

By The Financial District
Sep 171 min read


Texas GOP Rep. Michael McCaul Quits After 11 Terms
Texas Republican Rep. Michael McCaul has announced that he will not seek re-election in 2026.

By The Financial District
Sep 171 min read


11 Venezuelans Killed by U.S. Strike Weren’t Tren de Aragua Members
None of the 11 people killed in a U.S. military strike on a boat in the Caribbean last week were members of the Tren de Aragua gang.

By The Financial District
Sep 171 min read
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