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Warren Buffett Shocks Shareholders By Announcing He’ll Retire By Year-End
Billionaire Warren Buffett surprised an arena full of shareholders by announcing that he will retire at the end of 2025, concluding a legendary six-decade run leading Berkshire Hathaway.

By The Financial District
May 71 min read


Taiwan Dollar Soars Most Since 1988 On Tariff Hopes, Big Tech Earnings
The Taiwan dollar surged roughly 3% against the U.S. dollar on Friday—its largest single-day gain since 1988.

By The Financial District
May 71 min read


Hiring Up, But U.S. Economy Still Reeling From Tariff Turmoil
Despite recent hiring strength, the U.S. economy remains under pressure as fallout from President Trump’s aggressive tariff policies continues to mount.

By The Financial District
May 71 min read


Most Americans Expect Higher Prices Due To Tariffs, New Poll Finds
Public confidence in President Donald Trump’s economic leadership appears to be eroding.

By The Financial District
May 71 min read


U.S. Trade Deals Appear Distant As Tariff Tensions Simmer
President Donald Trump’s efforts to forge new trade agreements suffered setbacks this week.

By The Financial District
May 61 min read


PSE Index In Big Recovery
The Philippine Stock Exchange (PSE) index posted a strong recovery today, climbing back above another milestone level as the services sub-index saw a hefty rise.

By The Financial District
May 62 min read


Analyst Predicts Imminent Bear Market Despite Recent Rally
U.S. stocks could be poised for another sharp drop, despite the recent rally.

By The Financial District
May 61 min read


Marjorie Taylor Greene Turns On Trump Over Foreign Policy Shift
Rep. Marjorie Taylor Greene (R-GA), a prominent MAGA loyalist, has lashed out at President Trump for his recent embrace of imperialistic policies, accusing him of abandoning the “America First” ideals of the movement.

By The Financial District
May 61 min read


U.S. Treasury Dealers Urge Scrapping Of Federal Debt Ceiling
The U.S. Treasury’s primary dealers have urged lawmakers to eliminate the federal debt ceiling, arguing that it raises debt service costs, fuels market volatility, and could undermine the dollar’s role as the world’s reserve currency.

By The Financial District
May 61 min read


Trump Tariffs To Hit U.S. Farming, Mining, And Manufacturing Sectors
President Donald J. Trump's new tariffs could generate trillions of dollars in new federal government revenue over a decade.

By The Financial District
May 61 min read


UPS Cutting 20,000 Jobs As Amazon Reduces Shipments
UPS has announced that it plans to cut 20,000 jobs worldwide this year in response to a decline in package volumes from Amazon, its largest customer.

By The Financial District
May 61 min read


California Scientists Unlock Genetic Map To Boost Pistachio Yields
As climate change threatens California’s lucrative pistachio industry, scientists at the University of California, Davis, have created a high-resolution genetic map of the nut that could help secure its future.

By The Financial District
May 61 min read


Buffett Criticizes Trump’s Tariffs, Warns Against Using Trade As A Weapon
Billionaire investor Warren Buffett criticized President Donald Trump’s trade policies on Saturday, warning that the United States should not use “trade as a weapon” against other nations.

By The Financial District
May 61 min read


Are We Raising Champions Or Mercenaries?
A recent social media post by business leader and sports patron Ronald Mascariñas has stirred deep reflection—and no small measure of debate—on the evolving landscape of collegiate sports in the Philippines.

By The Financial District
May 63 min read


EU Fines TikTok $600 Million Over China Data Transfers
The European Union has fined TikTok 530 million euros ($600 million) for transferring user data to China in violation of the bloc’s strict privacy laws, following a four-year probe.

By The Financial District
May 51 min read


U.S. Faces Potential Billions In Economic Loss As Travel Demand Weakens
Weakening demand for travel could cost the U.S. economy tens of billions of dollars this year, as concerns over the Trump administration’s trade policies weigh heavily on consumer and investor sentiment.

By The Financial District
May 51 min read


Hong Kong Intervenes To Curb Currency Surge, First In Four Years
The Hong Kong Monetary Authority (HKMA) sold HK$46.54 billion (approximately $6 billion) into the market to curb the local currency's appreciation.

By The Financial District
May 51 min read


OPEC+ Approves Another Accelerated Oil Output Hike For June
OPEC+ has agreed to increase oil production for a second consecutive month, raising output by 411,000 barrels per day in June.

By The Financial District
May 51 min read


U.S. Ups Support For Luzon Economic Corridor With $3.8-M Grant
The United States has reaffirmed its commitment to Philippine infrastructure development by expanding funding for the Luzon Economic Corridor (LEC).

By The Financial District
May 52 min read


Australian PM Albanese Wins Second Term
Australian Prime Minister Anthony Albanese has secured a second three-year term, becoming the first leader in 21 years to win consecutive terms.

By The Financial District
May 51 min read


BCDA Investments Triple To PHP7.72 Billion In Q1 2025
The Bases Conversion and Development Authority (BCDA) secured PHP7.72 billion in investments from January to March 2025—more than triple the PHP2.49 billion recorded in the same period last year.

By The Financial District
May 52 min read


Bessent Claims China Could Lose 10 Million Jobs "Very Quickly" If Tariffs Remain
U.S. Treasury Secretary Scott Bessent said that China could lose up to 10 million jobs “very quickly” if it fails to reduce tariffs amid escalating trade tensions.

By The Financial District
May 51 min read


China's Factory Activity Slows As U.S. Tariffs Hit Export Orders
China's factory activity slowed at the beginning of the second quarter, dragged down by a sharp decline in new export orders and renewed job losses.

By The Financial District
May 51 min read


Amazon Is "Pretty Maniacally Focused’ On Keeping Prices Down
Amazon CEO Andy Jassy acknowledged ongoing uncertainty surrounding U.S. tariffs, saying, “It’s hard to tell where they’re going to settle and when they’re going to settle.”

By The Financial District
May 51 min read
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