US stocks closed lower on Monday amid growing concerns over the impact of President Donald Trump’s decision to raise tariffs on goods from major trading partners—Canada, China, and Mexico. However, market losses were not as severe as initially expected after Mexico announced it had negotiated a one-month delay on the tariff imposition.
US President Donald Trump signed an executive order on Saturday imposing new tariffs on Mexico, Canada, and China, fulfilling a campaign promise that could...
The Philippine Dealing and Exchange Corp. (PDEX) is set to introduce a new derivative product next week, marking a significant development in the country’s fixed-income market.
SmarTrade, in collaboration with global broker ATFX, is rolling out an expanded trading education program for 2025, aiming to provide enhanced learning opportunities for traders across the Philippines.
The Philippine Dealing and Exchange Corp. (PDEX) is poised to raise up to P600 billion in capital through its fixed-income trading platform this year, nearly double the P360 billion achieved in 2024. The projected surge comes despite ongoing geopolitical tensions and persistent inflation concerns.