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Canada's April Trade Deficit Widens To Historic High
Canada's trade deficit in April widened to an all-time high of a whopping C$7.1 billion ($5.2 billion), data showed, as tariffs imposed by President Donald Trump dampened U.S. demand for Canadian goods.

By The Financial District
Jun 101 min read


China to Fast-Track Rare Earth Export Approvals To EU Amid Trade Talks
China announced it is willing to speed up approval of rare earth export applications from European Union firms and will issue a decision on its anti-dumping investigation into EU brandy imports by July 5.

By The Financial District
Jun 101 min read


Amazon To Invest $10 Billion In North Carolina
Amazon says it will invest $10 billion to expand its cloud computing and artificial intelligence (AI) infrastructure in North Carolina.

By The Financial District
Jun 101 min read


ECB Cuts Deposit Rate To 2%
The European Central Bank (ECB) lowered its deposit rate by a quarter point to 2% as it nears the end of its interest-rate cutting cycle.

By The Financial District
Jun 101 min read


PSE Index A Level Up
The Philippine Stock Exchange (PSE) index rose to a milestone level Monday as investors bucked early losses to close at its highest point—6,406.13—up by 29.34 points or 0.46 percent.

By The Financial District
Jun 92 min read


Creative Economy Generates ₱1.94 Trillion, 7.5 Million Jobs In 2024
The Philippines' creative economy generated ₱1.94 trillion in value and supported 7.51 million jobs in 2024.

By The Financial District
Jun 92 min read


Trump–Musk War Of Words Escalates
Tensions between President Donald Trump and Elon Musk has erupted into a full-blown public feud as Trump criticized the Tesla and SpaceX CEO for turning on legislation he once supported.

By The Financial District
Jun 91 min read


Trump Says Xi Agreed To Resume Rare Earth Exports To U.S.
U.S. President Donald Trump said Chinese President Xi Jinping had agreed to allow rare earth minerals and magnets to be exported to the United States.

By The Financial District
Jun 91 min read


Kimberly-Clark Sells Majority Stake In Tissue Unit To Brazil’s Suzano
Kimberly-Clark announced that it has struck a deal with Brazilian pulp maker Suzano to sell a majority stake in its international tissue business, valuing the unit at about $3.4 billion.

By The Financial District
Jun 91 min read


Tesla Stock Plunges 14% As Trump Threatens Musk’s Businesses
Tesla stock has been plummeting of late as tensions between CEO Elon Musk and President Trump boiled over.

By The Financial District
Jun 91 min read


Trump Deploys National Guard To L.A. Amid Immigration Protest Clashes
The Trump administration has deployed 2,000 California National Guard troops to Los Angeles following immigration enforcement protests that turned tense.

By The Financial District
Jun 91 min read


WNBA’s Future Sanguine As Attendance Rises, Team Valuations Climb
Optimism about the WNBA’s future extends well beyond the hype surrounding Indiana Fever superstar Caitlin Clark.

By The Financial District
Jun 91 min read


Russia, Ukraine Fail Again To Reach Ceasefire Deal
A second round of direct peace talks between Russia and Ukraine concluded without a major breakthrough.

By The Financial District
Jun 91 min read


South Korean, Vietnamese Steelmakers Tumble On Trump’s New Tariffs
Shares of South Korean and Vietnamese steelmakers—major exporters of steel to the United States—fell sharply after U.S. President Donald Trump announced he would double tariffs on imported steel and aluminum to 50%.

By The Financial District
Jun 91 min read


Japan Loses Status As World’s Top Creditor For First Time In 34 Years
Japan has lost its status as the world’s top creditor for the first time in 34 years, overtaken by Germany—even as its net external assets hit a record high, due in part to a weaker yen.

By The Financial District
Jun 81 min read


Asia's Factory Activity Shrinks In May As U.S. Tariffs Bite
Asia’s factory activity contracted in May amid soft demand in China and the impact of U.S. tariffs.

By The Financial District
Jun 81 min read


Exercise May Benefit Colon Cancer Patients As Much As Drugs: NBC
Exercise may significantly reduce the risk of colon cancer recurrence in patients following treatment.

By The Financial District
Jun 81 min read


Toyota Takes Key Supplier Private In $33 Billion Deal
Toyota Motor will take Toyota Industries, a key supplier and forklift manufacturer, private in a $33 billion deal that could strengthen the founding Toyoda family’s control over the group.

By The Financial District
Jun 71 min read


U.S. Job Openings Rebound In April, But Layoffs Also Rise
U.S. job openings rose in April while layoffs also picked up, suggesting a slowing labor market amid economic uncertainty driven by tariffs.

By The Financial District
Jun 71 min read


Japan's Rice Policy Under Strain As Retailers, Farmers Struggle
Retailers and farmers in Japan are voicing concern over continuing rice shortages, even as government stockpiles are released to the public.

By The Financial District
Jun 71 min read


Airlines Trim 2025 Profit Forecast Over Trade Tensions, Supply Woes
Global airlines slightly reduced their 2025 industry-wide profit forecast on Monday, citing trade tensions and declining consumer confidence.

By The Financial District
Jun 71 min read


U.S. Consumer Confidence Rises After Five Straight Months Of Declines
Americans’ views of the economy improved in May after five consecutive months of decline had pushed consumer confidence to its lowest level since the onset of the COVID-19 pandemic.

By The Financial District
Jun 71 min read


Ukraine To Present Roadmap To End Russia’s Invasion
Ukrainian negotiators attending talks in Istanbul will present a detailed roadmap for achieving a lasting peace with Russia.

By The Financial District
Jun 71 min read


"TACO" Bets Pay Off On Wall Street, Yahoo Finance Reports
It was another week of policy pivots, back-and-forth trade headlines, and economic data that did little to anchor investor expectations.

By The Financial District
Jun 72 min read
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