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.
Manila Water reported strong financial and operating results for the first quarter, driven by higher water tariffs, efficient operations, and disciplined cost management.
Alfamart Trading Philippines, Inc., the SM Group’s minimart chain, is strengthening its nationwide retail operations through its long-running partnership with PLDT Enterprise and Smart Communications.
LG Electronics showcased its latest AI-powered home innovations at the LG InnoFest 2026 APAC event in Busan, Korea, highlighting smart and practical technologies designed for Asian households, including Filipino families.