Gold futures surged past USD4,000 per ounce for the first time, extending a historic rally as escalating global uncertainty drives investors toward traditional safe-haven assets.
Advanced Micro Devices Inc. (AMD) surged Monday, adding around USD64 billion in market value after announcing a landmark artificial intelligence infrastructure partnership with OpenAI, owner of ChatGPT.
Average yields on Treasury bills rose across all tenors at Monday’s auction, as the market awaited the Bangko Sentral ng Pilipinas' (BSP) next monetary policy move amid expectations of a fresh uptick in inflation.
Berkshire Hathaway has struck a deal to acquire OxyChem, the chemical division of Occidental Petroleum, in an all-cash transaction worth USD9.7 billion, subject to customary adjustments.