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.
A fresh bout of uncertainty and mounting anticipation of a Federal Reserve interest rate cut added glitter to gold, pushing it to a record high on Tuesday.
Lepanto Consolidated Mining Co. reported a dramatic increase in net income, reaching ₱659 million for the five-month period ending May, a significant leap from just ₱16 million in the same period last year.
A temporary rice import ban ordered by Ferdinand Marcos Jr. from September to December 2025 has pushed up farmgate prices of palay (unmilled rice) across the country, helping farmers recover from months of losses but raising concerns about possible higher rice prices for consumers.
As more people celebrate Valentine’s Day online, the Bank of the Philippine Islands (BPI) urges caution and for the public to protect personal and financial information.