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Trump Ally and Activist Charlie Kirk Shot Dead at Utah University
Charlie Kirk, a conservative American activist and influential ally of US President Donald Trump, was shot dead at a university event in Utah in what authorities described as an apparent targeted assassination.

By The Financial District
Sep 111 min read


Chinese Battery Maker CATL Expects Hungarian Production to Start Next Year
Chinese battery maker CATL’s new plant in Hungary is expected to begin production by early next year, its general manager for Europe said Sunday, as the company expands in the region.

By The Financial District
Sep 111 min read


Asian Shares Mostly Rise, Cheered by Wall St. Rally to More Records
Asian shares mostly rose in early Wednesday trading, tracking record rallies on Wall Street after fresh US labor data boosted expectations of a Federal Reserve rate cut.

By The Financial District
Sep 111 min read


Hassett Says Fed Needs to Be Fully Independent from Trump
A top aide to U.S. President Donald Trump who is on his shortlist to be the next chair of the Federal Reserve said Sunday that the central bank must be “fully independent of political influence,” including from Trump.

By The Financial District
Sep 111 min read


PSE Index Posts Small Gain
The Philippine Stock Exchange (PSE) index eked out another modest gain on Thursday, adding 6.80 points or 0.11 percent to close at 6,126.89.

By The Financial District
Sep 112 min read


PSE Index Slips Slightly as Pessimism Persists
The Philippine Stock Exchange (PSE) index dipped slightly on Wednesday, closing at 6,120.09, down 2.62 points or 0.04 percent, as market pessimism lingered.

By The Financial District
Sep 112 min read


Dollar Stores Attract Well-Heeled Americans Looking to Save
To understand how Americans are coping with economic uncertainty, just look at dollar stores.

By The Financial District
Sep 101 min read


Stock Trading Ban Backers Hope Fight Has Reached "Tipping Point"
Lawmakers this week renewed a push to ban stock trading by members of Congress, as previously competing proposals were merged into a single measure.

By The Financial District
Sep 101 min read


Employers Added Fewer U.S. Jobs Than Reported, New Data Show
The U.S. economy likely added close to a million fewer jobs in 2024 and early 2025 than previously reported, the latest sign that the labor market — until recently a bright spot — may be weaker than it appeared.

By The Financial District
Sep 101 min read


Tesla’s U.S. Market Share Drops to Lowest Level Since 2017
Tesla’s U.S. market share fell to its lowest point in nearly eight years in August, as buyers opted for electric vehicles (EVs) from a growing roster of rivals over the company’s aging lineup.

By The Financial District
Sep 101 min read


Postal Traffic to U.S. Sank 80% After Exemption for Low-Value Parcels Ends
Postal traffic into the United States plunged by more than 80% after the Trump administration ended a tariff exemption for low-cost imports.

By The Financial District
Sep 101 min read


AI Shakes Up the Call Center Industry, but Humans Still Beat Clankers
AI agents have taken over many routine call center duties.

By The Financial District
Sep 102 min read


Fed Rate Cut Might Not Help the Stock Market, Analyst Warns
After a weak August jobs report, markets are almost certain the Federal Reserve will cut interest rates by 25 basis points at its policy meeting next week, with some investors even betting on a larger reduction.

By The Financial District
Sep 101 min read


Race to Replace Ishiba as Japan Prime Minister Kicks Off
The race to succeed Prime Minister Shigeru Ishiba has begun, with Liberal Democratic Party (LDP) heavyweight Toshimitsu Motegi becoming the first to announce his candidacy, a day after Ishiba said he would step down.

By The Financial District
Sep 101 min read


‘Denim Is Having a Moment’ as Buyers Flock to Sturdy Apparel
The hottest trend in the apparel world right now is a classic American staple — denim.

By The Financial District
Sep 101 min read


ASML Is Now Mistral AI’s Biggest Shareholder
ASML, a crucial supplier of advanced chipmaking equipment, is set to become the top shareholder of French artificial intelligence (AI) startup Mistral AI in a move to strengthen European tech sovereignty.

By The Financial District
Sep 101 min read


Microsoft Cloud Services Disrupted by Red Sea Cable Cuts
Microsoft’s Azure cloud services faced disruptions due to undersea cable cuts in the Red Sea.

By The Financial District
Sep 101 min read


Trump Begs U.S. Supreme Court to Uphold His "Illegal" Tariffs
President Donald Trump asked the US Supreme Court (SC) to uphold his global tariffs, seeking review in a case that could affect trillions of dollars in trade and give him broad new leverage over the world economy.

By The Financial District
Sep 102 min read


Norway Buys 5 UK Warships for £10 Billion
Norway has agreed to buy five new British warships in a deal worth £10 billion.

By The Financial District
Sep 101 min read


New Law Allows 99-Year Lease of PH Lands to Foreign Investors; Sectors Air Concerns
A new law, Republic Act (RA) No. 12252, extends the lease period for foreign investors on Philippine lands in select industries from the previous maximum of 50 years, renewable once for 25 years, to up to 99 years.

By The Financial District
Sep 102 min read


PSE Index Recovers on Bargain Hunting
The Philippine Stock Exchange (PSE) index recovered Tuesday on bargain hunting, closing at 6,122.71, up 20.85 points or 0.34 percent.

By The Financial District
Sep 101 min read


BlackRock Loses $17 Billion Dutch Pension Fund PFZW
BlackRock Inc. (BLK) has lost a mandate worth €14.5 billion ($17 billion) with one of the largest pension funds in the Netherlands, amid concerns the world’s biggest money manager isn’t acting in clients’ best interests on climate risk.

By The Financial District
Sep 101 min read


McDonald’s CEO says Trump’s No Tax on Tips won’t Benefit its Workers
President Donald Trump’s no tax on tips policy will not benefit McDonald’s workers, CEO Chris Kempczinski said, because its restaurants do not have tipping.

By The Financial District
Sep 101 min read


Japan, U.S. Near Deal to Reduce Auto Tariffs
Japan and the United States are in the final stages of talks to implement lower tariffs on Japanese automobile imports within 10–14 days after the issuance of a US presidential executive order.

By The Financial District
Sep 102 min read
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