Tag: Gold

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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.

Trump signs aggressive tariff policy, escalates trade war

US President Donald Trump signed an aggressive "Reciprocal Tariff" policy on Wednesday, escalating tensions and increasing the likelihood of a trade war that could slow global economic growth.

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PH calls for regional support for its rail transit program

At the ASEAN RailCon 2026 held Thursday at the Asian Development Bank (ADB) headquarters, the Philippines appealed to ASEAN member states, investors, and development institutions to back its large-scale railway expansion program.

EastWest launches PERA products making retirement planning accessible to more Filipinos

East West Banking Corporation (EastWest) has introduced its EastWest PERA products to help more Filipinos prepare for long-term financial security.

BSP extends maximum repayment term for salary-based consumption loans to 7 years

The Bangko Sentral ng Pilipinas (BSP) has adjusted rules raising the maximum repayment period for salary-based general purpose consumption loans (SBGPCLs) from the standard three years — extendable only to five years in special cases — to seven years.

Security Bank forum guides businesses on energy efficiency, incentives and sustainable investments

Security Bank recently held Sustainability Talks 2026: Energy Savings and Tax Incentives for a Greener Tomorrow, a forum for commercial clients to address rising energy costs and changing regulations. The event gathered regulators, industry experts and business leaders to discuss strategies for better energy management, cost reduction and compliance with the Energy Efficiency and Conservation Act (EECA).

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