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Oil Trading Volatility Drowns Market
Until recently, oil traders complained that it was nearly impossible to make profits in a listless and rangebound crude market.

By The Financial District
Apr 211 min read


Firing Powell Would Hurt Dollar and U.S. Economy, Says France
President Donald Trump would undermine the credibility of the US dollar and destabilize the nation’s economy if he follows through on firing Federal Reserve Chair Jerome Powell.

By The Financial District
Apr 211 min read


Bank of America Tops Analysts’ Estimates On Higher Interest Income, Trading
Bank of America (BofA) has reported first-quarter results that surpassed analysts’ expectations for both profit and revenue, thanks to stronger-than-expected net interest income and trading gains.

By The Financial District
Apr 211 min read


Critical Chip Firm ASML Posts Lower-Than-Expected Net Bookings in Q1
Dutch semiconductor equipment firm ASML reported net bookings below expectations, raising concerns about a possible slowdown in demand for its critical chipmaking machines.

By The Financial District
Apr 211 min read


Big Banks Maintain "The Sky Is Not Falling" Amid Trump Tariff War
Big banks are offering a cautiously optimistic view of how their customers are faring amid President Trump’s escalating tariff war — and so far, the message is that things aren’t as bad as feared.

By The Financial District
Apr 201 min read


Vietnam Eyes Crackdown on Some China Trade
In hopes of avoiding punishing US tariffs, Vietnam is preparing to crack down on Chinese goods being routed through its territory to the US and plans to tighten controls on sensitive exports to China.

By The Financial District
Apr 201 min read


OpenAI Countersues Elon Musk in Legal Dispute Over ChatGPT
OpenAI is suing Elon Musk for unfair competition and for interfering with its business relationships with investors and customers.

By The Financial District
Apr 201 min read


Apple Has Few Incentives to Start Making iPhones In The U.S.
President Donald Trump’s administration has predicted that its barrage of tariffs targeting China will push Apple into manufacturing the iPhone in the US for the first time.

By The Financial District
Apr 202 min read


Tire Maker Pirelli Has No Plans to Invest in The U.S.
Pirelli is not planning any investments in the United States at this time.

By The Financial District
Apr 201 min read


China Raises Tariffs on US Goods To 125%
China has raised tariffs on US goods from 84% to 125%.

By The Financial District
Apr 201 min read


Tourist Arrivals in Japan Hit Record 3.5 Million in March 2025
The number of foreign visitors to Japan in March rose 13.5% from a year earlier to a record 3.5 million for the month.

By The Financial District
Apr 201 min read


China Names New Int’l Trade Negotiator Amid Tariff Tensions with U.S.
Beijing has announced the appointment of Li Chenggang to replace Wang Shouwen—who participated in the negotiations for the 2020 trade deal between China and the US—as its top trade negotiator tasked with brokering a new agreement with the US.

By The Financial District
Apr 192 min read


UK Inflation Dips in March as Interest Rate Cut Looms
Inflation in the United Kingdom fell for the second month running in March, largely as a result of lower prices at the pump.

By The Financial District
Apr 191 min read


FedEx, UPS Reintroduce Surcharges on Chinese Imports Ahead of U.S. Tariff Shift
FedEx and UPS are once again imposing surcharges on shipments from China, Hong Kong, and neighboring regions as the U.S. prepares to end duty-free treatment for small-value imports.

By The Financial District
Apr 191 min read


Ferrari Reaffirms Commitment to Combustion, Hybrid, And Electric Powertrains
Ferrari will continue investing across all three powertrain categories—internal combustion, hybrid, and fully electric.

By The Financial District
Apr 191 min read


Clearview AI Co-Founder Ousted Amid Leadership Shake-up
Clearview AI co-founder Hoan Ton-That has been removed from the company’s board, marking a rapid descent from leadership after stepping down as CEO in December and resigning as president last month.

By The Financial District
Apr 191 min read


No Winners in Tariff War, Only Losers Like Us, China Warns
Chinese President Xi Jinping has broken his silence on the escalating trade war with the United States, warning that there will be “no winners.”

By The Financial District
Apr 191 min read


U.S. Dollar Sags vs. Swiss Franc, Euro Over Tariff Woes
In just one week, the US dollar has gone from a safe haven to a target of investor anxiety, as President Donald Trump's chaotic tariff policies—aimed at both allies and adversaries—undermine decades of trust in the world's reserve currency.

By The Financial District
Apr 181 min read


Hongkong Post Halts U.S. Parcel Shipments Over New Tariffs
Hongkong Post will suspend shipments of small parcels to the United States after Washington announced it would revoke a long-standing duty-free exemption on low-value goods, starting May 2.

By The Financial District
Apr 181 min read


Tech Shares Slide After Nvidia Warns Of $5.5-B Hit From U.S. Export Curbs
Shares of major chipmakers fell sharply after Nvidia said tighter U.S. export controls on advanced AI chips would cost the company $5.5 billion in potential sales.

By The Financial District
Apr 171 min read


Amazon Workers Battle Bureaucracy, Says CEO Andy Jassy
Amazon CEO Andy Jassy is taking aim at internal bureaucracy after receiving nearly 1,000 complaints from employees frustrated by red tape.

By The Financial District
Apr 171 min read


Trump Wants LNG Pipeline Project Completed—But States Want None Of It
A dispute over a proposed 124-mile natural gas pipeline from Pennsylvania to upstate New York is shaping up to be one of the most consequential energy battles of the early Trump administration.

By The Financial District
Apr 172 min read


Metro Retail Net Sales Reach ₱39.62 Billion In 2024 On Expansion, Food Retail Growth
Metro Retail Stores Group, Inc. (MRSGI) reported net sales of P39.62 billion for 2024, a 3.5% increase from P38.27 billion in 2023, driven by its continued expansion and a 4.9% rise in food retail business.

By The Financial District
Apr 172 min read


PSE Index Falls As Holding Firms Falter
The Philippine Stock Exchange (PSE) index snapped its two-day winning streak on Monday, retreating by 51.48 points or 0.83% to close at 6,134.62.

By The Financial District
Apr 162 min read
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