Markets
EU steps forward as U.S. reassesses global trade role
The 55th WTCA Global Business Forum (GBF), hosted jointly by the World Trade Centers Association and WTC Marseille Provence, ignited critical discussion on global trade dynamics, with the European Union’s evolving role taking center stage amid shifting U.S. trade policy.
US markets plunge amid rising China trade tensions
U.S. shares tumbled on Thursday as mounting trade tensions with China overshadowed initial relief from President Donald Trump’s earlier decision to delay higher tariffs on America’s trading partners.
Economy shows resilience amid global trade shifts
Finance Secretary Ralph G. Recto on Thursday highlighted the Philippine economy's resilience amid global trade disruptions, emphasizing the government's efforts to attract more investors through the CREATE MORE Act.
Trade tensions, investor caution push gold prices to record high
Gold prices surged to a new record high of USD3,164 per ounce, driven by heightened risk aversion following President Donald Trump’s tariff announcement.
US FDA official’s resignation hits drug shares
American drug companies, led by Moderna and Novavax, suffered significant stock market losses on Monday after the top vaccine official of the US Food and Drug Administration (FDA) announced his resignation.
