Friday, 02 January 2026, 3:54 am

    Tag: Gold

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    Gold soars amid uncertainty, rate cut hopes

    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.

    Gold surges amid US economic uncertainty, likely Fed rate cut

    US economic uncertainty, stoked by President Donald Trumps tariff push, has bolstered gold prices close to record highs.

    Lepanto Mining profit soars on gold rally

    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. 

    Lower gold prices weighs down OceanaGold Philippines 1Q earnings

    OceanaGold (Philippines) Inc. reported a sharp drop in earnings during the first quarter, weighed down by lower gold prices.

    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.

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    Bureau of Treasury set 1Q borrowing blitz

    The government is lining up a hefty start to its 2026 borrowing program, targeting P824 billion in the first quarter alone to help fund state spending.

    Converge shifts focus to enterprise, strengthens B2B leadership

    Converge Information and Communications Technology Solutions Inc. is speeding up its shift from being mainly a fiber internet provider to becoming a full technology company, driven by growing demand from large businesses and enterprises.

    Housing shortfall widens as supply lags

    Data from the Department of Human Settlements and Urban Development show the national housing backlog reached 10.65 million units in 2024, highlighting decades of unmet demand that continue to weigh on affordability and urban planning.

    CAB warns public vs. fake airline ticket sellers

    The Civil Aeronautics Board (CAB) has warned the public to be alert against scams involving fake airline ticket sellers and unauthorized agents posing as airline partners.

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