Tag: Trump

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Gold glitters as geopolitics briefly exhale

Markets Context.ph Context.ph -
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.

Trump’s credit card cap spooks bank bulls

Opinion Context.ph Context.ph -
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. 

Powell pushes back to protect Fed independence

Markets Context.ph Context.ph -
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. 

US jobs rise, momentum lags in December

Economy Context.ph Context.ph -
The U.S. labor market delivered mixed signals in December, improving by one measure while underscoring a broader slowdown. 

US President Trump claims capture of Venezuela’s Maduro

Context Dispatch Context.ph Context.ph -
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.
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Sandiganbayan orders Senator Jinggoy Estrada arrest

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The Sandiganbayan, the Philippines’ anti-graft court, on Friday issued arrest warrants for Senator Jinggoy Estrada, former Public Works Secretary Emmanuel Bonoan, and several DPWH engineers over alleged plunder and graft linked to illegal insertions in the 2025 infrastructure budget in exchange for kickbacks totaling P573 million. The orders followed charges filed by the Ombudsman. While graft cases are generally bailable, plunder usually is not unless evidence is weak. Estrada, who plans to post bail, is a sitting senator, who will serve as a judge in Vice President Sara Duterte’s impeachment trial.

Green Lane speeds P360B wind investments forward

Energy & Mining 0
The government’s Green Lane initiative is accelerating major renewable energy investments, with the Board of Investments stepping up efforts to fast-track four offshore and onshore wind projects worth a combined P360.67 billion. 

Marcos lands P56B Japanese investments, 10,300 jobs

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President Ferdinand R. Marcos Jr. secured P56.3 billion in investment expansion commitments from four major Japanese firms during business meetings on the sidelines of his State Visit to Japan, promising roughly 10,300 direct and indirect jobs for Filipinos.

Megaworld-led share swap deal targets income growth

Property 0
Megaworld Corp., along with Travellers International Hotel Group, Inc. (TIHGI) and Southwoods Mall, Inc. (SMI), has signed a Memorandum of Understanding (MOU) with listed real estate investment trust MREIT, Inc. to pursue a strategic property-for-share swap. 

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