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PSE Index Declines
The Philippine Stock Exchange (PSE) index declined Wednesday on profit-taking, closing at its lowest level and one rung down at 6,378.56 points—lower by 34.30 points or 0.53 percent—after a brief attempt at higher levels early in the session.

By The Financial District
Jun 42 min read


PSE Index One Level Up
The Philippine Stock Exchange (PSE) index Tuesday reached a milestone, closing at its highest level at 6,412.86 points—a gain of 60.20 points or 0.95 percent.

By The Financial District
Jun 42 min read


U.S. Loses $14-B In Clean Energy Projects Amid Policy Uncertainty
More than $14 billion in U.S. clean energy investments have been canceled or delayed so far in 2025 due to uncertainty around President Donald Trump’s proposed tax overhaul.

By The Financial District
Jun 31 min read


FTC Requires Synopsys And Ansys To Divest Assets In $35-B Merger Deal
The U.S. Federal Trade Commission announced Wednesday it will require software firms Synopsys and Ansys to divest certain assets to resolve antitrust issues tied to their $35-billion merger.

By The Financial District
Jun 31 min read


Toyota Recalls Over 440,000 Vehicles In U.S. For Light Failures
Toyota is recalling more than 440,000 vehicles in the U.S. due to a defect in the reverse lights that may reduce rear visibility and increase the risk of accidents.

By The Financial District
Jun 31 min read


Ex–Sinn Féin Leader Gerry Adams Wins Libel Suit Against BBC
Former Sinn Féin leader Gerry Adams has won a libel case against the BBC over allegations that he authorized the killing of an informant within the Irish republican movement.

By The Financial District
Jun 31 min read


PSE Index Up Slightly
The Philippine Stock Exchange (PSE) index rose slightly Monday, buoyed by foreign buying, closing at 6,352.66—up by 11.13 points or 0.18 percent—with all of the top 10 most active stocks ending in the green.

By The Financial District
Jun 32 min read


U.S. Economy Contracts 0.2% As Trump’s Trade Wars Bite
The U.S. economy shrank at a 0.2% annualized rate in the first quarter of 2025, marking the first contraction in three years.

By The Financial District
Jun 21 min read


Ford Recalls Nearly 1.1 Million Vehicles Over Rearview Camera Failures
Ford is recalling 1.1 million vehicles in the U.S. due to a software issue that could cause rearview camera images to freeze or fail to display.

By The Financial District
Jun 21 min read


Trump Blasts Wall Street’s "TACO" Trades That Bet Against Him
Wall Street investors have coined a new acronym—TACO, or “Trump Always Chickens Out”—to describe trading strategies based on President Donald Trump’s pattern of backing down from trade threats.

By The Financial District
Jun 21 min read


Xiaomi Launches YU7 SUV In Beijing to Challenge Tesla’s Model Y
Xiaomi has unveiled its new electric SUV, the YU7, at 13 showrooms in Beijing, continuing its push into China’s competitive EV market.

By The Financial District
Jun 21 min read


Ishiba Warns Against Tariff Tensions, Pledges to Expand Asia-Pacific Trade Bloc
Japanese Prime Minister Shigeru Ishiba reiterated Japan’s commitment to rules-based, multilateral trade and pledged to work on expanding Asia-Pacific economic ties amid growing trade tension.

By The Financial District
Jun 21 min read


Wells Fargo Warns Trump: Tariffs Won’t Bring Back U.S. Manufacturing Jobs
President Donald Trump continues to tout tariffs as a tool to revive U.S. manufacturing.

By The Financial District
Jun 21 min read


U.S. Revokes Parole for Mexican Girl Receiving Lifesaving Medical Care
The Trump administration has revoked humanitarian parole for a 4-year-old Mexican girl receiving lifesaving treatment at a California hospital.

By The Financial District
Jun 21 min read


Musk’s DOGE Expands Use of Grok AI in Government, Raising Self-Dealing Concerns
Elon Musk’s DOGE team is expanding the use of its proprietary AI chatbot Grok within U.S. federal agencies.

By The Financial District
Jun 21 min read


e.l.f. Cosmetics Acquires Hailey Bieber’s Rhode Beauty for $1 Billion
Hailey Bieber’s skincare brand, Rhode, has been acquired by e.l.f. Cosmetics in a $1 billion deal.

By The Financial District
Jun 21 min read


Wall Street Slips as Mixed Earnings, Tariff Fears Weigh on Markets
Wall Street edged loweras investors absorbed a mixed batch of corporate earnings ahead of key U.S. inflation data.

By The Financial District
Jun 21 min read


Fake Discounts on Shein "Breach Law," EU Says
Fake discounts, pressure selling, and other consumer-deceptive practices on Chinese fast-fashion site Shein violate European law.

By The Financial District
Jun 21 min read


Mondelez Sues Grocery Chain Aldi for Copying Its Packaging
Snack food giant Mondelez International is suing discount supermarket chain Aldi, alleging that Aldi’s private-label packaging “blatantly copies” iconic Mondelez brands such as Chips Ahoy, Wheat Thins, and Oreos.

By The Financial District
Jun 21 min read


Vietnam Cuts Corners to Fast-Track $1.5-B Trump Golf Resort
Donald Trump’s family business is breaking ground on a fast-tracked development in Vietnam as the country’s government scrambles to secure a revised trade agreement with the U.S.

By The Financial District
Jun 21 min read


Trump’s Tariffs Would Intensify Labor Exploitation: Truthout
President Donald Trump is hardly a model of anti-consumerism.

By The Financial District
Jun 22 min read


Thyssenkrupp Putting 20,000 Jobs at Risk in Overhaul, Says Union
Germany’s IG Metall union estimates that around a fifth of jobs at Thyssenkrupp are at risk, following the conglomerate’s recent plans to restructure as a holding company.

By The Financial District
Jun 21 min read


Sweden-Based Volvo Cutting 3,000 Jobs to Reduce Costs
Sweden-based Volvo Cars is eliminating 3,000 positions as part of a cost-cutting program amid challenges in the automotive industry stemming from trade tensions and economic uncertainty.

By The Financial District
Jun 21 min read


German Defense Chief Orders Expansion Of Warfare Capabilities
Germany’s defense chief, Carsten Breuer, has ordered the German military to be fully equipped with weapons and other essential materiel by 2029.

By The Financial District
Jun 11 min read
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