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PSE Index Moves Up A Level
The Philippine Stock Exchange (PSE) index surged to a milestone today, closing at 6,408.27 points—up by 77.62 points or 1.23 percent.

By The Financial District
Jun 272 min read


Israel Blasts Roads Leading To Iran’s Fordo Nuclear Site
The Israeli military said it had launched air raids to "obstruct access routes" to Iran’s enriched uranium facility in Fordo, which was bombed by the United States over the weekend without provocation and without a declaration of war.

By The Financial District
Jun 271 min read


U.S. Will No Longer Have Money To Pay Its Bills Next Month, Says Think Tank
Bipartisan Policy Center (BPC) director Martina McLennan said the group’s experts project that the debt limit “X Date” — the point at which the U.S. will no longer have enough money to pay its bills in full and on time — will most likely occur between August 15 and October 3, absent congressional action.

By The Financial District
Jun 271 min read


U.S. Mission In Qatar Urges Americans To Shelter Amid Retaliation Fears
The U.S. Embassy in Qatar has advised American citizens to shelter in place “until further notice” amid escalating regional tensions and fears of Iranian retaliation following U.S. strikes on Iranian nuclear facilities.

By The Financial District
Jun 271 min read


JPMorgan Warns Of Tariff-Driven "Stagflationary" Slowdown In The U.S.
U.S. trade policies under President Trump could slow global economic growth and rekindle inflation at home.

By The Financial District
Jun 271 min read


Israel Has Between 80 And 200 Nuclear Warheads: Experts
Israel is determined to dismantle Iran’s nuclear program, citing its archenemy’s alleged covert efforts to build an atomic weapon as a direct existential threat.

By The Financial District
Jun 272 min read


U.S. To End Funding For Global Vaccine Alliance Gavi
Health Secretary Robert F. Kennedy Jr. has announced that the United States will end its financial support for Gavi, the global vaccine alliance.

By The Financial District
Jun 271 min read


Pilot Study Set For Pioneering Drone-Powered Commercial Delivery In PH
The stage has been set to test and explore the potential of drone-powered commercial delivery—or aerial logistics—in the Philippines.

By The Financial District
Jun 263 min read


U.S. Military Chief Counters Hegseth’s Claim Of "Massive Success" In Iran Strike
The United States carried out a surprise nighttime strike using decoys and deception that completely “obliterated” Iran’s nuclear ambitions.

By The Financial District
Jun 261 min read


UAW Investment Blunder Cost Union $80 Million In Missed Gains
The United Auto Workers (UAW) union is embroiled in controversy over an investment misstep that officials say cost the union roughly $80 million in missed gains.

By The Financial District
Jun 261 min read


IAEA Seeks Access To Iran Nuclear Sites
The head of the UN nuclear watchdog has called for the reinstatement of international inspectors at Iran’s nuclear sites, urging access to account for Tehran’s growing stockpile of highly enriched uranium.

By The Financial District
Jun 261 min read


Pakistan To Nominate Trump For Nobel Peace Prize; India Objects
Pakistan said recently that it would recommend U.S. President Donald Trump for the Nobel Peace Prize—an accolade he has long craved—for his role in helping to resolve the recent conflict between India and Pakistan.

By The Financial District
Jun 262 min read


DeepSeek Aids China's Military And Evaded Export Controls, U.S. Official Says
AI firm DeepSeek is aiding China’s military and intelligence operations.

By The Financial District
Jun 261 min read


PSE Index Up Slightly
The Philippine Stock Exchange (PSE) index rose slightly Thursday in another roller-coaster trading session, closing at 6,330.65 points — up by just 5.01 points or 0.08 percent — indicating continued market tentativeness, as it flashed red heading into the last hour of trading.

By The Financial District
Jun 262 min read


Middlemen Funnel Illegal Chinese Vapes Into The U.S.: Reuters
Operating from an office just 15 minutes from Chicago’s O'Hare International Airport, one small customs brokerage firm played a central role in helping import millions of unauthorized Chinese-made e-cigarettes into the United States last year.

By The Financial District
Jun 261 min read


Report Confirms That 447,000 U.S. Toddlers Are Unhoused
Homelessness among newborns, infants, and toddlers skyrocketed from 2022 to 2023, impacting 446,996 children under the age of three.

By The Financial District
Jun 262 min read


Economist Says Trump’s Plan Is To Prolong Reduced Tariffs
Torsten Sløk, chief economist at Apollo Global Management, laid out a potential scenario in which President Donald Trump’s tariffs are extended just long enough to reduce economic uncertainty while also delivering a significant boost to federal revenue.

By The Financial District
Jun 262 min read


S. Korea To Raise Concerns With U.S. Over Curbs On Chipmakers' China Operations
South Korea’s top trade negotiator said recently that he would raise concerns about potential U.S. restrictions on chipmakers operating in China when he meets with U.S. officials in Washington.

By The Financial District
Jun 261 min read


Hegseth Backs Group Dedicated To Full Christian Control Of U.S. Government
Defense Secretary Pete Hegseth’s affiliation with the Communion of Reformed Evangelical Churches—commonly called the CREC—drew attention even before his confirmation hearings in January 2025.

By The Financial District
Jun 262 min read


Powell Shuns Trump, Says Fed Rate Cut Is On Hold
Federal Reserve Chairman Jerome Powell said this week that the central bank will continue to wait and assess how the economy evolves before deciding whether to cut its key interest rate.

By The Financial District
Jun 261 min read


Europeans Seek "Digital Sovereignty" As U.S. Tech Firms Embrace Trump
At a market stall in Berlin run by the charity Topio, volunteers help people purge their phones of the influence of U.S. tech firms.

By The Financial District
Jun 261 min read


Macron Talks With Iranian President, Sees Path To End Fighting
French President Emmanuel Macron said on Saturday that he intends to press ahead with efforts to find a diplomatic solution to the Iran-Israel conflict, following a phone call with Iranian President Masoud Pezeshkian.

By The Financial District
Jun 261 min read


Russia Clearly Nervous As Putin Faces Economic Challenges
Russian President Vladimir Putin spoke on the economy during the plenary session of the 28th Saint Petersburg International Economic Forum (SPIEF 2025) in Saint Petersburg.

By The Financial District
Jun 261 min read


U.S. Stocks Approach All-Time High As Oil Prices Tumble
U.S. stocks surged, closing in on record highs as oil prices dropped further amid optimism that a ceasefire between Israel and Iran will help preserve global crude supplies.

By The Financial District
Jun 261 min read
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