On Friday, the Dow Jones Industrial Average dropped by nearly 300 points, while both the S&P 500 and Nasdaq experienced their second consecutive week of declines
On Friday, stocks declined as investors concluded a volatile week in anticipation of the Federal Reserve’s policy meeting. The Dow Jones Industrial Average fell by [more…]
Overseas Filipino remittances reach $18.78 Billion by end of July, marking a 2.9% Year-on-Year increase
Filipino overseas workers, often referred to as Overseas Filipinos or OFWs, form a vital part of the Philippines’ global diaspora. These dedicated individuals leave their [more…]
South Korea and Ukraine have entered into an agreement under the Economic Development Co-operation Fund
On Friday, South Korea’s finance ministry announced that an agreement has been reached with Ukraine to extend low-interest loans to support the war-torn nation in [more…]
The surge in shoplifting poses an escalating threat to U.S. retailers and their employees
In Mesa, Arizona, CVS store manager Michael Jacobs suspected a man of theft and confronted him, leading to a police call. However, Jacobs decided not [more…]
China places Northrop Grumman and a unit of Lockheed Martin on its blacklist due to their involvement in arms sales to Taiwan
Beijing has taken punitive measures against two American companies due to their involvement in arms sales to Taiwan and has issued a stern warning of [more…]
The United Auto Workers union initiates strikes at GM, Ford, and Stellantis
For the first time in its history, the United Auto Workers union has simultaneously initiated strikes against General Motors, Ford, and Stellantis, marking a significant [more…]
A.P. Moller-Maersk, the maritime industry leader, introduces a new container ship powered by green methanol
Denmark – A.P. Moller – Maersk, a leading shipping company, achieved a significant milestone by unveiling its first container vessel powered by green methanol, marking [more…]
BlackRock and the Singapore Exchange (SGX) unveil its US$426 million climate action ETF in Asia
Singapore Exchange(SGX) and BlackRock, the global asset management leader, have jointly introduced an innovative climate action fund named the iShares MSCI Asia ex-Japan Climate Action [more…]
In August, Hong Kong received 4.1 million visitors, yet the number of arrivals remains lower than the figures recorded before the pandemic
Hong Kong, often described as a vibrant fusion of East and West, and renowned for its stunning skyline punctuated by towering skyscrapers, this Special Administrative [more…]
The European Central Bank increases key interest rates to a record high, suggesting it could be sufficient to address inflation while leaving the door open for possible future hikes
The European Central Bank (ECB) has raised interest rates by a quarter percentage point to a record high, marking its 10th consecutive rate hike, despite [more…]