Top News
Gold and oil spike as Iran-Israel clash roils investors
Gold prices surged above $3,420 on Friday, marking the highest level in over a month, as escalating geopolitical tensions in the Middle East and global economic uncertainty drove investors toward safe-haven assets.
Global growth outlook darkens under latest World Bank estimates
The global economic outlook has significantly worsened amid rising trade tensions and persistent policy uncertainty, with global growth now forecast to slow to just 2.3 percent in 2025. According to the World Bank, this is the weakest pace outside of recessions since 2008. The slowdown, driven by escalating trade barriers and weak global cooperation, is expected to hit emerging markets and developing economies (EMDEs) particularly hard, including the Philippines.
Senate returns impeachment case to House but summons sent to VP Duterte
In a pivotal move, the Senate—sitting as an impeachment court—voted 18-5 on Tuesday night to return the Articles of Impeachment against Vice President Sara Duterte to the House of Representatives.
SEC chief Lim flags PH stock market as too small, eyes major reforms
Newly appointed Securities and Exchange Commission (SEC) chairman Francis Ed. Lim on Tuesday raised alarm over the limited scale of the Philippine stock market, calling it "too small" relative to regional peers and pledging sweeping reforms to stimulate capital market growth.
P200 wage hike bill already transmitted to Senate, House bicam team ready
THE House of Representatives has already transmitted the P200 daily minimum wage hike bill to the Senate and has designated its bicameral conference panel, signaling full readiness to finalize the measure, according to House spokesperson Atty. Princess Abante.
