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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TransUnion appoints new chief data and analytics officer for Asia Pacific

TransUnion Information Solutions Inc., the Philippines’ first private credit reference agency, has named Avishek Ghosh as chief data and analytics officer for Asia Pacific. Based in Hong Kong, he will lead the region’s data strategy, covering everything from data collection and analysis to generating insights and improving quality, to drive innovation and business growth.

BPI Foundation, Knowledge Channel renew partnership to boost financial literacy nationwide

The Bank of the Philippine Islands Foundation (BPIF) and Knowledge Channel Foundation Inc. (KCFI) have renewed their partnership to expand financial education across the Philippines, building on successful programs launched in 2024.

Globe, Netopia test AI platform that predicts campaign success

Globe Telecom Inc., via 917Ventures’ Velocity program, has partnered with Netopia AI to validate Predikta — an AI tool that simulates audience behavior and forecasts campaign results before funds are spent.

Asialink Finance secures ₱500M funding for underserved sector support

Asialink Finance Corp. (AFC) has obtained a ₱500 million sustainability-linked social facility from Cathay United Bank. The funding will let AFC expand loans to rural micro, small, and medium enterprises (MSMEs), unbanked individuals, and women-owned businesses — key drivers of local employment and economic resilience.

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