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Kia, World’s 3rd-Biggest Automaker, Takes $570 Million Tariff Hit In Q2
South Korea's Kia Corp. said it aims to boost U.S. sales and market share in the second half of the year, driven by demand for new hybrid and gasoline vehicles, as some rivals are expected to raise prices to cope with tariffs.

By The Financial District
Jul 301 min read


China Urges Global Consensus On Balancing AI Development, Security
China’s Premier Li Qiang warned Saturday that artificial intelligence (AI) development must be balanced with security concerns, calling for urgent global consensus.

By The Financial District
Jul 301 min read


Boeing Faces Another Damaging Worker Strike
About 3,200 Boeing workers at facilities near St. Louis have rejected a contract offer, raising the potential for a damaging labor strike just days away.

By The Financial District
Jul 302 min read


BDO Raises ₱115 Billion In ASEAN Bonds
BDO Unibank, Inc. successfully raised PHP115 billion for its fourth peso-denominated ASEAN Sustainability Bond issuance—23 times oversubscribed from the original offer of PHP5 billion.

By The Financial District
Jul 301 min read


Blackstone Exec Among 4 Killed In NYC Office Shooting
A gunman opened fire in a busy New York City office building on Monday, killing three people before turning the gun on himself. Mayor Eric Adams called it “another senseless act of gun violence.”

By The Financial District
Jul 301 min read


Report On 2016 Russian Meddling Doesn’t Support Trump’s Claims
The Trump administration has recently released a series of reports intended to undercut the longstanding conclusion by U.S. intelligence agencies that Russia favored Donald Trump in the 2016 election.

By The Financial District
Jul 301 min read


Huawei Shows Off AI System To Rival Nvidia
China’s Huawei Technologies showcased an AI computing system that one industry expert says rivals Nvidia’s most advanced offering.

By The Financial District
Jul 301 min read


$550-B Package In Trade Deal Could Finance Taiwanese Chipmaker In U.S.
Japan’s $550 billion investment package, agreed to under this week’s U.S. tariff deal, could help finance a Taiwanese company building semiconductor plants in the U.S.

By The Financial District
Jul 302 min read


U.S. Cattle Tally Shows Population Isn’t Rising; Soaring Beef Prices Likely To Stay
The latest U.S. cattle tally offered little relief for consumers paying record beef prices, even as the cycle of herd liquidation appears to be nearing its end.

By The Financial District
Jul 302 min read


Study Finds 213 Deaths In Tokyo Caused By Improper Aircon Use
A study has identified 213 deaths in Tokyo’s 23 wards linked to improper use of air conditioners, with around 80% involving elderly individuals or people living alone.

By The Financial District
Jul 301 min read


BBM Presidency Promotes Institutionalized Mendicancy, According To Think Tank
President Marcos Jr.’s 2025 State of the Nation Address (SONA) once again fell short of addressing the structural roots of the people's worsening hardships.

By The Financial District
Jul 302 min read


Gaming Stock DigiPlus Surges Anew As PSE Index Plunges
Gaming stock DigiPlus surged anew today, buoyed by the absence of any mention of gambling policy in President Marcos’ State of the Nation Address (SONA), while the rest of the market plunged.

By The Financial District
Jul 292 min read


Oil Fell As U.S. Trade Deal Optimism Waned
Oil prices fell as the U.S. dollar strengthened and optimism faded over a potential breakthrough in U.S. trade talks with key partners ahead of next week’s deadline.

By The Financial District
Jul 291 min read


U.S. Wants China To Cut Export Dependence In Next Round Of Trade Talks
China’s heavy dependence on exports will likely be a key focus in a new round of U.S.-China trade talks this coming week in Stockholm.

By The Financial District
Jul 292 min read


Ishiba Still Favored To Retain Post As Japan PM As Support Rises To 29%
Prime Minister Shigeru Ishiba's Cabinet approval rating rose five percentage points from the previous month to 29%.

By The Financial District
Jul 291 min read


U.S. Consumers Not Retreating From Higher Beef Prices
Beef prices in the U.S. have reached historic highs due to shrinking cattle herds.

By The Financial District
Jul 291 min read


Samsung To Make Tesla AI Chips In Multiyear Texas Deal
Samsung Electronics Co. will manufacture AI semiconductors for Tesla Inc. under a new $16.5 billion agreement—a significant boost for its underperforming chip foundry business.

By The Financial District
Jul 291 min read


CK Hutchison May Seek Chinese Investor In Panama Port Deal
A Hong Kong conglomerate selling its ports at the Panama Canal may seek a Chinese investor to join the consortium of buyers.

By The Financial District
Jul 291 min read


U.S.-EU Trade Deal Will Raise Costs For Companies And Consumers
President Donald Trump and European Commission President Ursula von der Leyen have announced a sweeping trade deal that imposes 15% tariffs on most European goods.

By The Financial District
Jul 291 min read


Citi Launches Strata Elite Card To Compete With AmEx and Chase
A new but familiar player is entering the high-end credit card arena. Citigroup is launching the Strata Elite Card, its latest attempt to claim a share of the high-fee, high-rewards market.

By The Financial District
Jul 291 min read


Chinese Consumer Complaints Reveal Padding of Car Sales Figures
A growing number of consumer complaints in China have exposed a widespread tactic among automakers and dealers to inflate car sales in response to an intensifying price war in the world’s largest auto market.

By The Financial District
Jul 291 min read


Japan Will Only Invest 2% Maximum In $550-B U.S. Fund, Tokyo Reminds Trump
Japan expects only 1% to 2% of its recently agreed-upon $550 billion U.S. fund to be deployed as direct investment, with the bulk consisting of loans.

By The Financial District
Jul 292 min read


Trump Plans 19% Tariff On Indonesian Exports To U.S.
President Trump’s administration has released new details on a pact with Indonesia, confirming plans for a 19% tariff on the country’s exports and a 40% rate on any “transshipped” goods.

By The Financial District
Jul 291 min read


A Towering Risk: Why Shang Properties Must Rethink Its Ortigas Twin-Tower Ambition
In the heart of Metro Manila’s Greenhills district — long cherished for its serenity and old-world charm — a storm is gathering. Not one of thunder or rain, but of steel, cement, and citizen resistance.

By The Financial District
Jul 294 min read
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