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Alibaba Gains $50 Billion in Value
Alibaba shares jumped nearly 20% after the company reported triple-digit percentage growth in AI-related product revenue.

By The Financial District
Sep 51 min read


Nestlé Fires CEO After Discovering Amorous Ties with Subordinate
Nestlé dismissed CEO Laurent Freixe after an investigation revealed an undisclosed relationship with a direct subordinate.

By The Financial District
Sep 51 min read


Afghanistan Quake Death Toll Passes 1,400
The death toll from a powerful earthquake in eastern Afghanistan has risen past 1,400, with more than 3,000 people injured.

By The Financial District
Sep 51 min read
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[FEATURE] Policy Overreach and the Risks to FDI and SMEs
The Philippines is at a pivotal juncture in shaping its economic and labor policies.

By The Financial District
Sep 54 min read


Bargain Hunting Shores Up PSE Index
The Philippine Stock Exchange index (PSEi) closed slightly higher on bargain hunting, gaining 23.99 points or 0.39% to finish at 6,106.92 on Thursday.

By The Financial District
Sep 51 min read


Gilbert Santa Maria Named New MPTC President and CEO
Metro Pacific Investments Corporation (MPIC) has announced the appointment of Gilbert Gabriel F. Santa Maria as President and Chief Executive Officer of Metro Pacific Tollways Corporation (MPTC), effective September 1, 2025.

By The Financial District
Sep 52 min read


Tribes Slam Trump for Axing Deal for Salmon Recovery in Columbia River
Time is running out for wild salmon in the Columbia River Basin, where populations of salmon and other native fish have been declining for decades.

By The Financial District
Sep 41 min read


Shutdown Looms as U.S. Congress Returns from August Recess
Congressional Republicans scored a major win this summer by passing President Donald Trump’s sweeping tax and spending cuts without a single Democratic vote.

By The Financial District
Sep 41 min read


Volkswagen Faces $30M Compensation for Labor Abuses in Brazil
Brazil’s labor court has ordered Volkswagen to pay 165 million reais (about $30 million) for collective moral damages after workers were subjected to slave-like conditions at a company-owned Amazon farm in the 1970s and 1980s.

By The Financial District
Sep 41 min read


Japanese Camera Makers Ramp Up Mirrorless Lineups as Demand Rises
Major Japanese camera manufacturers are expanding their mirrorless offerings to meet growing demand for advanced features such as AI-assisted shooting.

By The Financial District
Sep 41 min read


Japan Trade Envoy Cancels U.S. Trip Over Trump’s Rice Demands
Japan’s top trade negotiator, Ryosei Akazawa, abruptly canceled a trip to Washington after failing to bridge differences with the US over rice imports.

By The Financial District
Sep 41 min read


Apple to Unveil New Phones, Watches at September 9 Event
Apple’s September 9 event, set for 1 p.m. Eastern, comes at a critical moment for one of the world’s most valuable companies.

By The Financial District
Sep 41 min read


Jewelry Boss in £170-M Scam Told Shop Staff to Pretend to Be Customers
Staff at a luxury jewelry retailer were instructed to pose as customers to mislead investors in the UK’s biggest diamond fraud.

By The Financial District
Sep 41 min read


EU to Russia: Pay Ukraine Before Assets Are Returned
The EU’s foreign affairs chief, Kaja Kallas, declared that frozen assets will not be returned to Russia unless Moscow pays reparations to Ukraine.

By The Financial District
Sep 41 min read


Trump Asks Supreme Court to Uphold Freeze on Billions in USAID Payments
Lawyers for the Trump administration filed an emergency appeal to the Supreme Court, asking the justices to halt a lower court injunction and allow the government to freeze billions in foreign aid spending previously allocated by Congress.

By The Financial District
Sep 41 min read


Illinois Governor Responds to Trump’s Fat Joke: "It Takes One to Know One"
After deploying the National Guard to Washington, D.C., President Donald Trump suggested he might send them to Chicago next — while mocking Illinois Governor JB Pritzker’s weight.

By The Financial District
Sep 41 min read


Seven & i Completes Supermarket Spin-Off to Focus on Convenience Stores
Seven & i Holdings Co. said it has completed the sale of a subsidiary operating about 30 retailers, including the struggling Ito-Yokado supermarket chain.

By The Financial District
Sep 41 min read


BYD Shares Slide as China’s EV Price War Hits Profits
Shares in Chinese electric vehicle maker BYD fell as much as 8% on this week after the company reported a sharp drop in profit amid an intensifying price war in China’s auto sector.

By The Financial District
Sep 41 min read


Tech Stocks Head South as Investors Sour on AI Growth
The Nasdaq 100 closed down 1.22% on Friday.

By The Financial District
Sep 41 min read


KP Act Cheerleaders Left Red-Faced as Foreigners Head for the Exit
The Philippine Stock Exchange (PSE) index sank for a sixth straight day, down 45.96 points or 0.75% to 6,082.93, as foreigners dumped ₱921 million worth of shares.

By The Financial District
Sep 42 min read


Cracker Barrel Co-Founder, 93, Slams Rebranding "Disaster"
Tommy Lowe, the 93-year-old co-founder of Cracker Barrel, criticized the restaurant chain’s executives, saying they learned an expensive “I told you so” lesson after abandoning their modernized logo following backlash from MAGA supporters.

By The Financial District
Sep 31 min read


Iowa GOP Sen. Joni Ernst Will Not Seek Reelection
U.S. Sen. Joni Ernst, an Iraq War combat veteran and the first woman Iowa ever elected to Congress, is expected to announce next month that she will not seek reelection.

By The Financial District
Sep 31 min read


USAID Holding Fire Sale of Gear, Supplies for 5,000 Projects Trump Axed
The Trump administration is selling, redistributing, or losing track of millions of dollars’ worth of equipment and supplies from the U.S. Agency for International Development (USAID).

By The Financial District
Sep 31 min read


U.S. Goods Trade Deficit Widens Sharply in July
The U.S. trade deficit in goods widened sharply in July as imports surged, suggesting trade could drag significantly on economic growth in the third quarter.

By The Financial District
Sep 31 min read
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