Gold futures surged to a fresh record early Wednesday, touching USD4,887 an ounce before easing to USD4,840, still the highest settlement on record, as geopolitical anxieties cooled without extinguishing investor appetite.
US financial stocks stumbled Monday after President Donald Trump lobbed a populist grenade into Wall Street’s trading pits, suggesting he wants to cap credit card interest rates at 10 percent a year—roughly half today’s levels.
Federal Reserve Chair Jerome Powell on Sunday delivered an unusually direct rebuke of the administration of President Donald Trump, accusing it of trying to intimidate the independent central bank in an effort to force him from office.
President Donald Trump said the US has “captured” Venezuelan President Nicolás Maduro and his wife, Cilia Flores, and flown them out of the country following what he described as “large-scale” U.S. strikes.
Fuel prices will see mixed adjustments again this week, driven by shifting global oil prices tied to tensions in the Middle East, according to a local fuel retailer.
Metro Pacific Tollways Corp. (MPTC) reported a 3 percent drop in net income for the first quarter of 2026, totaling ₱2.25 billion from ₱2.32 billion a year earlier, due to rising costs and expenses.
PLDT Enterprise rolled out free WiFi in quake-hit areas — General Santos City, Sarangani, Glan, Jose Abad Santos, and parts of Davao Occidental — serving thousands of residents.
Globe Telecom is stepping up infrastructure and resiliency upgrades in Aklan and Antique to boost connectivity for residents, businesses, schools, hospitals, and government offices amid the growing digital economy.