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U.S. Stock Futures Slump After Trump’s EU, Apple Tariff Threats
U.S. stock index futures slid on Friday after President Donald Trump recommended 50% tariffs on the European Union (EU), while Apple stock dropped following his warning that the company would have to pay tariffs if its phones were not made in the U.S.

By The Financial District
May 242 min read


Meralco Customers to Benefit from Lower May Power Rates
While power consumption typically rises during the dry season, customers of the Manila Electric Company (Meralco) can expect some relief this May as the Manuel V. Pangilinan-led distribution utility announced a significant reduction of P0.75 per kWh in electricity rates.

By The Financial District
May 244 min read


PSE Index Ends Week Up on Bargain Hunting
The Philippine Stock Exchange (PSE) index rose Friday on bargain hunting, closing at its highest price point of 6,413.10 points—a gain of 107.73 points or 1.71 percent—with foreign investors once again as net buyers.

By The Financial District
May 242 min read


America Has Never Seen a President as Corrupt as Trump: The New Republic
In an opinion piece for The New Republic, Alex Shephard sharply criticized Trump’s Middle East trip, describing it as less about diplomacy and more about “business, business and business.”

By The Financial District
May 231 min read


Bernanke Urges Fed to Adopt "Alternative" Forecast Scenarios
Former Federal Reserve Chair Ben S. Bernanke on Friday called on the Fed to expand its public communication strategy by publishing alternative economic scenarios to better explain interest-rate decisions.

By The Financial District
May 231 min read


Trump Permits Sale of Device That Enables Machine-Gun-Like Fire
The Trump administration will allow the sale of devices that enable semiautomatic firearms to fire like machine guns, reversing a prior ban on so-called "forced reset triggers."

By The Financial District
May 231 min read


Etihad Orders 28 Boeing Jets for $14.5 Billion
U.S. President Donald Trump has announced more than $200 billion in deals between the United States and the United Arab Emirates (UAE), including a $14.5 billion agreement involving Boeing, GE Aerospace, and Etihad Airways.

By The Financial District
May 231 min read


Fed Quietly Buys $43.6 Billion In Bonds Amid Market Jitters
The U.S. Federal Reserve quietly snapped up $43.6 billion in U.S. Treasurys over four days last week—without any formal announcement.

By The Financial District
May 231 min read


Wisconsin Judge Indicted for Helping Immigrant Evade ICE
Judge Hannah C. Dugan of Milwaukee County was indicted by a federal grand jury on charges of concealing a person from arrest and obstruction of proceedings, following her arrest last month for allegedly aiding an undocumented immigrant to evade ICE agents.

By The Financial District
May 231 min read


Springsteen Blasts Trump Anew Despite Threat To “Shut His Mouth”
Despite a threat from Donald Trump to “shut his mouth—or else,” Bruce Springsteen stood his ground and delivered another searing critique of the former president during a concert in Manchester, England.

By The Financial District
May 232 min read


PSE Index Headed to The Doldrums
The Philippine Stock Exchange (PSE) index looked headed to the doldrums Thursday, declining by 1.10 percent or 69.98 points to close at 6,305.37.

By The Financial District
May 232 min read


Meralco’s Maria Luisa Alvendia Named Among Top 100 Women in Global Logistics
In a field long dominated by men and fraught with systemic hurdles—from archipelagic logistics to outdated infrastructure—the Philippines has found a formidable trailblazer in Maria Luisa V. Alvendia, Meralco’s Senior Vice President and Chief Supply Chain Officer.

By The Financial District
May 222 min read


Colombia Joining China-Backed Latin American Development Bank
Colombia’s government has applied to join a China-based development bank—another sign of Latin America’s drift away from the U.S.

By The Financial District
May 221 min read


No 747 Gift To Trump Yet, Qatar Confirms
Qatar officially denied gifting President Donald Trump a 13-year-old Boeing 747 jet worth $400 million.

By The Financial District
May 221 min read


Atlantic Columnist Slams Trump’s UK And China Trade Pacts As 'Scams'
The Trump administration’s recent trade announcements with the UK and China are nothing more than political sleight of hand.

By The Financial District
May 221 min read


Dems Slam 10-Year Ban on State AI Regulation in Trump-Backed Bill
House Republicans have inserted a surprise clause into their signature tax bill that would ban states and local governments from regulating artificial intelligence (AI) for the next 10 years.

By The Financial District
May 221 min read


Trump Demands Walmart Absorb Tariff Costs, Blames Retailer for Inflation Threats
President Donald Trump recently lashed out at Walmart, demanding the retail giant absorb the costs of his tariff hikes instead of passing them on to consumers.

By The Financial District
May 221 min read


India’s Steel Boom Threatens Global Climate Targets: Report
India’s aggressive plans to double its steel output by 2030 could put its climate goals—and broader international targets for reducing industrial emissions—at serious risk.

By The Financial District
May 221 min read
![[TRAILBLAZING] Sam Altman and Jony Ive Unveil Visionary AI Device That Could Redefine Computing](https://static.wixstatic.com/media/1c4fd3_a593492b47f14b97ad6f8b010579bb95~mv2.png/v1/fill/w_333,h_250,fp_0.50_0.50,q_35,blur_30,enc_avif,quality_auto/1c4fd3_a593492b47f14b97ad6f8b010579bb95~mv2.webp)
![[TRAILBLAZING] Sam Altman and Jony Ive Unveil Visionary AI Device That Could Redefine Computing](https://static.wixstatic.com/media/1c4fd3_a593492b47f14b97ad6f8b010579bb95~mv2.png/v1/fill/w_514,h_386,fp_0.50_0.50,q_95,enc_avif,quality_auto/1c4fd3_a593492b47f14b97ad6f8b010579bb95~mv2.webp)
[TRAILBLAZING] Sam Altman and Jony Ive Unveil Visionary AI Device That Could Redefine Computing
OpenAI CEO Sam Altman and world-renowned designer Sir Jony Ive have pulled back the curtain on their secret collaboration—a new class of AI-powered devices.

By The Financial District
May 223 min read


PSE Index Recovers
The Philippine Stock Exchange (PSE) on Wednesday recovered lost ground after a late buying spree in the final trading hour, closing at its highest level of 6,375.35 points.

By The Financial District
May 212 min read


Japan’s Agriculture Minister Resigns Over Controversial Rice Comment
Japanese Agriculture Minister Taku Eto has resigned following public backlash over insensitive remarks about rice prices.

By The Financial District
May 211 min read


IFEX Philippines 2025 Takes The World Stage
As the global appetite for premium, authentic, and sustainably produced food continues to grow, the Philippines takes center stage once again through IFEX Philippines 2025—the country’s flagship international food trade exhibition happening on May 22–24, 2025, at the World Trade Center Metro Manila.

By The Financial District
May 212 min read


China Slaps Up To 75% Anti-Dumping Duties on U.S., EU, Japan, Taiwan Plastics
China has announced it will impose anti-dumping duties as high as 74.9% on imports of POM copolymers—a type of engineering plastic—from the United States, European Union, Japan, and Taiwan.

By The Financial District
May 211 min read


CNN Legal Analyst Slams Gabbard Over Call to Jail Comey for Cryptic Post
A CNN legal analyst rebuked Tulsi Gabbard for calling for former FBI Director James Comey’s arrest over a cryptic social media post that some in the Trump administration interpreted as a veiled threat against the president.

By The Financial District
May 211 min read
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